Looking to go Short on CADJPY.
- Entry: 81.403
- SL: 81.938
- TP: 80.000
I entered the trade on the 4H time frame because I saw signs of a bearish continuation:
- Bearish TK Crossover (Purple over Yellow)
- Bearish Engulfing candle
- Bearish candle closing and continuing passed Kijun
- Chikou Span below price.
My SL is derived from the 1H timeframe. You can see ...
- Entry: 108.650
- SL: 108.100
- TP: 109. 700
Looking at a possible setup to go long on UJ.
On the 4H time frame, price has pulled above the cloud, the previous fractal level has been broken, and there is a bright future ahead for the pair.
TK Crossover is imminent.
Also, with price so close to Kijun, it's only a matter of time before the pair breaks ...
Here I try to compare 2014 LTCUSD correction structure with what BItcoin has now. This suggests that we should have another move down to 2k.
I believe that behaviour of cryptomarket is cyclic and every cycle has its clear signs. Still can't see any signs of real capitulation that I mentioned in my very first idea. Let's see what Bitcoin prepared for us.
By Andria Pichidi - January 11, 2019
The Australian dollar along with New Zealand Dollar have be the biggest movers in Asia session today, showing gains versus the Greenback and Yen, and a 0.9% advance against the Swiss franc.
NZDUSD has also ascended into 3-week high terrain, at 0.6825. NZDUSD remains above 0.6800 level, into European open, after breaking the ...
The market has now reached a recent top with the current fractal and is now headed towards the next low-point on 2019-01-21 which coincides with the Super Blood Wolf Moon on the same date (Moon Phase) which means we will make a major low around that date.
I love fractals, beautiful how low-cap alt-coin and silver both display the same chart patterns when being accumulated.
Heavy bias long for both pairs. I have stake in VRC, I do not have a position in silver yet but I will on the next significant pullback if it looks good.
I see pure unadulterated gold when I look at these market bottoms. Dollar top soon, metals bottom already. I see ABC continuation pattern with huge accumulation of long positions at the bottom. I've been reading market wizards the past couple weeks. I do have a commodity bias, the dollar is going to collapse, our economy is not as healthy as major media outlets ...
So BTC cancelled the prospective bat in favour of breaking out of another falling wedge and starting to form an even smaller one. Fractals are fun, I figured it would be an amusing troll for BTC to break out of infinite wedges before dumping right through all of them to retest the very first breakout. 3700 first target for this short scalp. I'm bullish longer ...
AUDJPY and USDJPY
The Yen has strengthened sharply, driven by safe haven demand following Apple's after-hours revenue warning, which has sent US equity futures down sharply while weighing on Asian markets. AUDJPY has been the biggest mover, and is showing a 1.8% loss despite having lifted out of its lows. With today's sharp decline, Aussie fell apart dramatically ...