After its rally from its low couple months ago, $ADA formed a solid uptrend with a very solid retracement too. Strong upward movement with a slow downward movement is indicating its solid uptrend.
Pls read commentary on the chart.
$EOS is currently in a very bullish mood as its mainnet launched last month. For me, it is forming a solid move and it has been outperform all those big coins (BTC, ETH, etc). Always read the chart commentary
$WAN is always an interesting coin to watch. As it is newly listed in Binance and the movement is so aggresive but with quality behind the scene. I have actually been waiting this moment to re-enter to $WAN as the price is showing a good sign.
Currently we see it is in a position where the possibility to end its retracement is quite big. We are looking forward to its continuation of the uptrend going further breaking its long term uptrend.
Just wait to re-enter the market.
FTR looks very good as long as it continuing upward after its earnings report. Twiggs money flow showing its upward strength. It also went through the entry criteria we discussed on last trading room discussion.
* Trade Criteria *
Date First Found- May 3, 2018
Pattern/Why- Upward momentum Long setup
Entry Criteria- pull back to $10.27, or a break through...
FTR looks very good at current level as it has really good money flow index. We think it will continue upward from here.
* Trade Criteria *
Date First Found- April 12, 2018
Pattern/Why- Breakout Long, Fallen angel pattern
Entry Criteria- From current price ($8.82)
Exit Criteria- Momentum
Stop Loss Criteria- $7.93
Indicator Notes- Really good twiggs money...
Current thoughts on Hourly AUDUSD.
If you have any charts on AUDUSD and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader
AUDCHF is in a nice uptrend right now, yet it hit recent highs not too long ago and then made a nice drop back down to demand, Price is going back and forth right now in between a range, both Sell and Buy oppertunitys can easily be grabbed on Lower time frames. AUDCHF could go up and if it breaks the previous highs we can see a significant increase in price. Yet...
FTR was looking for a bottom and found it on the fib 2.618 extension at $1.95. 20% upside on a bounce to $2.67. Fundamentally, expectations are too low for Q1, after numerous one-time items caused Q4 metrics to strike fear in the market and even the analyst at GS. The GS downgrade created the capitulation bottom at $1.95. (Note: the preferred shares FTRPR...
FTR seems in a corrective phase in a descending channel. I'm expecting one more test on lower channel before a possible wave up. If the rising trendline is broken it invalidates this setup, it will be a totally different trend.
This is a WEEKLY chart of FTR. You are looking at about 7 years of history...
FTR just recently bought some assets from Verizon. I would say the stock ran up on the purchase and now it is falling back to the uptrend line that started back in early 2014. Is FTR a good investment candidate at this point in time?
Let's look at the best part of the chart first. ...