rejected highs. longer time frame at major resistance.
I have been waiting for a reversal to start the rally on GBPJPY for wave 3 on the weekly time frame. I think this could well be the turning point. A break of the blue trend line will confirm the reversal but I am already looking for an entry point. Happy trading! Linton White JP Markets South Africa
A ton of buy stops above R2. Buy @ close above R2
SPY shows a good price weakness which should be bought into. Investor ma's are strong, widely spaced & up-trending & with no contraction Distance between the trader & investor ma groups hasnt decreased due to the recent sell off Shorter timeframe guppy's have started to recover
Bitcoin is finding support at the 100 EMA. Can it continue higher? You can download my enhanced moving average and rsi indicators for free! (not investment advise)
This is the CM Super Guppy 15min chart as of 20190619 2122hrs (Japan Local Time). Bitbank Japan BTC is JPY989850. I hope this will help for your reference.
Guppy finally showing signs of reversal into a bull market. We have a really nice bottom around 7650 hopefully it keeps on holding until we break resistance. I'm not a professional. This isn't financial advice. Any feedback is welcome. Thank you for your time
After dropping for almost TWO WEEKS, it would be interesting to see if GBJPY manages to Stage a comeback. Price has hit a Major DEMAND AREA on the Weekly Chart. We need a couple of Constructive BREXIT related News and Improved RISK APPETITE this week to push GBPJPY higher. So, in case of POSITIVE DEVELOPMENTS, as mentioned above, Swing Traders can definitely BUY...
GBPJPY is approaching two MAJOR SUPPORT LEVELS, the first being at the 141.01-141.15 area which has seen some decent INSTITUTIONAL BUYING in the past. The Second Support being at the 139.80 area which is a STRONG SUPPORT as well. It's expected that GBPJPY will bounce from one of these LEVELS and go towards the RESISTANCE at 143.80. So, traders can look for BUY at...
GBPJPY is trading in a rising channel in the 15M chart. So, one can BUY at the bottom of the channel between 143.52-142.62 and target the top of the channel at 144.35 with SL below 143.20.
In my previous idea, I advised about buying GBPJPY at 143.80-144.10 area. As you can see, the price has moved up after hitting the area that I mentioned. If you have already bought at the support area, you can hold the trade for 145 and 147 TP. Others can see the lower time frame and then go long. For FREE SIGNALS, charts, and analysis, check my signature link...
We are seeing a consolidating price action on GBPJPY during the last 4-5 weeks. And, this is quite expected. GBPJPY has rallied close to 1700 pips from the lows this year and in my opinion, the recent consolidation will soon lead to another rally. From the chart, I would like to point out 3 things: (To receive signals, ideas and updates, don't forget to check...
The guppy is the most beautiful indicator in a traders toolbox. I enjoy watching as this collection of EMAs helps paint a clear picture of uptrends and downtrends. Blue and green supper guppy means that there is a confirmed uptrend while red guppy shows a confirmed downtrend. We haven't seen the guppy flip bullish aka confirmed uptrend since the alt-season of...
Lets talk about 1 BTC Risking 15% ( 0.15 BTC ) Is worth taking the risk for me to make potencial of 0.5 BTC up to 7 BTC Lets be realistic and lets say you will scalp on the way up and double your investment (100%) Setting up stop loss is recommended here but not necesarry as some spikes might hit it. **This is not a financial advice**
In my last post, 8 days ago, I was saying "Stop shorting and protect your capital" (). Nothing changes since the last post. We are still between a support and a resistence. The guppy is still bullish (all the analysis in the last post, nothing changes...). So, same conclusion : enjoy the ride and stop shorting ;) Clément
We can see a bullish crossover between traders and investors ! Also, the price is above the 60EMA which is bullish too (cf July and September in yellow on the chart) Clément
Apologies if I have been focusing too much on the bigger macro picture but I am too busy with some projects to do individual stock screening. Nevertheless, if you have been following my posts, you would know I am of the view that we are in the midst of a major inflection point (check out the Preponderance of Evidence series and DM me for full written report if...
BITMEX:XBT NICE PUMP BUT DONT LET YOUR EMOTIONS WIN, AND DONT LET THE NOISE CONVINCE YOU THIS IS THE BULL RUN EVERYONE IS EXPECTING. WE ARE INSIDE OF A MASSIVE FALLING WEDGE, IF WE HOLD THE WHITE CHANNEL AND TRADE SIDEWAYS WE CAN THINK ABOUT GOING FOR THE $4,200 RESISTANCE, IF THERE IS LACK OF VOLUME AND BEARS PUSH THE PRICE DOWN, THE YELLOW THENDLINE MUST TO...