My favorite setup this week is on AUDCHF even though it looks like 1D is forming a head and shoulders pattern
but the 4h is still looking bullish which interests me the most, and the confluences line up pretty nice; and those would be:
1- S/R aka break and retest
2- 38.2 Fib retracement
3- 1H Trendline
4- 4H 50Ema
The trigger to getting me in the trade would be...
Welcome to today's trade setup as a part of "Aglogains - Daily Trade series".
As we have seen yesterday, after breaking the previous highs at 2185 - 2200 levels, there was an explosive move to the upside on ETH yesterday, reaching almost 2400 - 2430 levels.
We have seen the market take a breather after this rally by seeing a slight sell-off causing a pullback to...
Fundamental overview:
currently the whole market except of some alt's is in a sideways/upwards trend while BTC is moving sideways for months.
On the following Analysis I will combine serveral strategies to give you a clear proof for my prediction.
Technical Overview:
In the coming days, we expect that the price will raise, this is due to the cup & handle...
Analysis: Right now patience is the key on the market, there is no need for huge spikes to the upside. A constantly growing trend will do the job if a lot of people are interested of buying. A lot of analyst posting about 50/50 chances about the price to go up or down, it's always the case, but we need to be 1 step ahead before the price action. If you wait until...
This stock had been steadily moving bullishly throughout the year with little influence by economic condition. The sudden drop in Dec 2018 did not even budge this stock. For a long hold, this stock is a good addition to the portfolio considering the underlying business is to offer quick consumable goods to consumers at the gas station.
Downside is that it...
A long opportunity has presented itself on the 4H timeframe of AUDJPY.
It meets all the rules for my strategy:
Trend: it is with the trend (shown by trendline and 100 EMA)
Value: it is at strong previous resistance
Trigger: Hammer formation
Risk: 1%
Reward:2.6%
Targets: Take targets at previous structure
Stops: underneath previous structure with some room...
