When trading the Value areas, knowing the direction of the price is equal important as where is the volume been stacked... In the following image as we can observe, the developing VAH was broken to the upside the prices supported it self in a HVN (High Volume Node) and at this point the price let know that there was no intention to bring prices down, on the...
Just look at the 4H chart. (The prediction drawings could be off sometimes, it's just to give you the picture) (This is not financial advice, this is a volatile market where anything can happen)
Shorting AUDUSD from the yellow area as that is a supply area on the short (30min) timeframe, as well as the long (12hr, gray area). These setups usually produce good movements so I am hoping to get a 1:1 RR, as indicated on the chart. Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while....
Good chance for it going bullish, needs to cross the MA's and a candlestick reversal pattern would be amazing!
Looks good from here I, getting high of this company shouldn't be a problem. It may have a small pullback tomorrow or a big A breakout! this does move fast when it want's to! Bullish all the way higher highs!
BTC to tumble, but it's going to be okay. There are some very skilled and talented TA people out there...That being said, where is the money? Where's it going to come from? I think that's a very fair question. The laws of growth demand it. BTC cannot survive on day and swing traders only - recycling and swapping capital each and every day. Some make profit, some...
We have achieved the followup higher high after the higher low I mentioned in the last idea. It seems like btc is content on maintaining its fractal of 2014's behavior for now. We still want one additional confirmation higher low to hand control over to the bulls but I bought back in at 5890 as soon as I saw that higher low...not typically what I would normally do...
4hr chart has the price action respecting the trendlines of a falling wedge/bull pennant. I don't foresee any bullish breakoutt hat may come from this pattern being anything substantial..especially the closer it gets to the apex the harder it will be for a breakout to lead to any sort of higher high. If a breakout does occur I anticipate it will most likely form a...
H4 - Price is moving inside a range. We are looking to sell the range. H1 - Scenario 1: Break below 0.8796 should trigger selloff. H1 - Scenario 2: The price might push higher and then we may look for sells with bearish evidences.
Buy CMP with SL below Kijun. As can be seen the price has entered the cloud and would be eager to test whether it can move above the cloud. Nonetheless there is a good RR available at CMP till the price touches the Senkou B in 20-22 range. There is a massive uptick in the AD line, and stock price is at a level above nifty 50, since its major top and positive...
It offers a good shorting opportunity in AUDCAD. The course is currently oscillating within the specified ranges. Sell high buy low - Never forget!
never a good sign when you see a lower high followed by a lower low but that's currently what we have...I assume we will see another bounce here before too long since we are nearing oversold territory on the 4hr rsi if we do odds are good that that bounce will only form one more addition lower high...if this is the case it will be time to exit the position until...
Scenario 1 - H1 - Head and shoulders pattern, we need to see a break below the neck line for sells. Scenario 2 - H4 - Price to create new highs and then continuation lower. Once the price breaks below the uptrend line, we may then start looking for sells.
If we have a daily closing above 2017 low , i will enter a trade at the poolback at 2017 low.
It offers a good shorting opportunity in GBPUSD. The course is currently oscillating within the specified ranges. Sell high buy low - Never forget!
Iota, as you can see, has dropped to the lower Fib levels and is primed for a breakout. Wave anaylsis states a Long position at the moment. The issue, of course, will be if BTC can at least trade sideways for a couple of days to let us get some quick day trades in. Because of this, this is certainly a high-risk trade. Targets: 1. 0.00020216 2....
Just formed a higher low on the 4hr chart. If we can follow it up with a higher high we will also likely trigger an inverted head and shoulder pattern. Would be a good sign for the bulls.
It offers a good buying opportunity in EURAUD. The course is currently oscillating within the specified ranges. Sell high buy low - Never forget!