Hello everyone, i will be posting here my ideas so i can keep track of them. Why i dont publish in private? Because i am open to any suggestion, so if anyone wants to tell me something about the idea, i will be glad to read what he or she has to tell me ! Here i am looking for a short in eurjpy weekly. wich seems to be in a very corrective structure at the...
Hello everyone, i will be posting here my ideas so i can keep track of them. Why i dont publish in private? Because i am open to any suggestion, so if anyone has something to tell me i will be glad to ready what he or she has to tell me! audchf possible moves to come. Here i draw a scheme of price with arrows to make the movements clear (at first it might look...
Bitcoin is innovative, it is ground breaking, it is disruptive. That's not enough, its never the invention but mass adoption of the technology that drives a cycle. For the next rally to be truly sustainable Bitcoin needs a critical adoption and a new killer app. Silk road is one of the first true killer app of Bitcoin, including Purse.io that provides people an...
AUDCAD has completed a bearish Wolfe Wave setup at a crucial point of resistance. In the Wolfe wave sell zone, two 200% projections are closely aligned. In addition to this, a strong long term trendline sits at current price to provide potential resistance. To add to the bearish bias, MACD is bearish divergent and multiple missed daily pivots sit below price. ...
Very clear H1 bearish double top formed, perfect setup for a 2618 trade to the downside. The only trade management that the 2618 requires is when price reaches TP1, we close half the position for profit and move our stop loss to breakeven. Otherwise we have our entries and exits in place and just let it run. Entry - 1.33210 Stop - 1.33831 TP1 - 1.32510 TP2 -...
Hi traders, We saw a solid dollar rally late last week following the strong NFP result. The 270K+ figure will likely increase the possibility of a Fed rate hike in December (at least in many participants eyes). If we see Aussie rally, then I will be watching the 0.7080-0.7110 zone for an trend continuation opportunity to target 0.70 flat. Good trading. Luke
With this momentous breakout of the 2 year downtrend in Bitcoin's price, it can be difficult to imagine the possibilities going forward. I find repeating pattern's in Bitcoin's price history offer some direction. The patterns highlighted with the purple arrows are the price consolidation areas in yellow that have with a notable regularity formed near the 0.236...
Lower highs on the day chart note that the GBP is struggling to maintain footing. Further, the strong resistance from above by the Ichimoku cloud casts doubt on any bullish rallies. The RSI and MACD indicators suggest that this is an optimal time to enter a position. The Fibonacci retracement gives us some profit targets and stop losses, as well as a level at...
REASONS FOR SHORT: FIB RETRACEMENT=0.382 IN D-CHART HISTORICAL STRUCTURE = INTENSIVE TRADING AREA RSI DIVERGENCE AB=CD PATTERN AND 1.272 EXTENSION GOOD LUCK!
S&P shows a double top, followed by a bearish Gartley that is due to complete around 2070. Also coincides with the .764 frib retracement of the Fall from the high in late July. Look for reversal patterns at this point (D) and enter accordingly. If confirmed, Initial targets should aim for price level of point B (ihgh probability), further price targets for points...
TP1 above 0.73400 TP2 above 0.74000 Thanks for your likes and comments!
Market is just ended Elliott Waves correction pattern abc and got in to strong resistance zone. If the bulls will be weak continuation of Elliott impulse wave pattern short is expected. Fibonacci 38.6% level of last price swing is in the middle of resistance, as a confirmation of strong zone. We can see two strong support zones.
- 0.618 Fib retracement - Supply level - 3:1 Risk reward - Downward trend - Previous resistance
This pair is now at an interesting level, i took profit on my long trade late in the week as it hit my target area, we have now reached a key monthly Resistance level and the top of this textbook channel...we could potentially see the next leg down to test the bottom of the channel once more, or we could indeed break the channel and resistance either way i'll be...
COMPLETED BEARLISH BUTTERFLY PATTERN: AB=0.786XA; CD=2.618CB XD=1.618XA ZONE FOR SELL: S/L above 139.100 Target 1 = 137.550 Target 2 = 137.1600 Thanks for your likes and comments!
With speculation over interest rates, TLT is hitting a ceiling for a second time. The .382 Fib line (in yellow) is prominent and the presence of the 200-day moving average (black moving average) make up a double resistance level. For a little more analysis and news check out our website! ttp://ht.ly/QISg0 Cheers, Enhancing Capital Team
COMPLETED BEARLISH BUTTERFLY PATTERN: AB=0.786XA; CD=2.24CB XD=1.27XA ZONE FOR SELL: S/L above 1.07600 Target 1 = 1.06800 Target 2 = 1.06630 Thanks for your likes and comments!
Hi Traders, I trade for 8 years and all these years I have been using RSI which is a free indicator which also does not lag. However, I use him with trendlines connecting with higher highs or lower lows so I can see a signal when he breaks this trendline. As you can see the RSI with those trendlines, everytime he breaks those lines it indicates a breakout and...