OKAY US dollar Canandian Dollar its pretty obvious we are in an uptrend on the MONTHLY TF we came to quite a level of ressitnace. now im approaching this pair in quite a simple way on the daily i am awaiting a retest of a LH around the highlighted rectangle region near around the 1.40500 - 1.41000. and riding to its previous monthly HL @ the 1.25 1.22 this is just...
PROBABLE MOVES COMING DUE TO ITS STRUCTURE AND HIGHER TF STRUCTURE/OUTLOOK AS WELL. LET ME KNOW WHAT YOU ALL THINK? COMMENT BELOW - SAFE TRADING TO YOU ALL
Eurgbp is failing to break lower we don’t have much momentum to go down quite yet as what price is telling us at the moment we have some nice tweezer bottoms forming at the moment now. We are still in a uptrend. I see this pair testing a high resistance level at the 0.93 before we head lower.
Audusd opened and respected this current level @ the 0.61050 with the Dxy being at a crucial level I will upload my chart on dxy soon whilst the Aussie dollar is at a crucial supper level on the weekly and monthly I see it testing its previous high before we see a bigger move later on in the week. 0.62960 is my tp for today let’s see how it plays out one position...
Eurusd has been struggling to break above the 1.12 key level I am simply awaiting a retest of the previous HL at the 1.1095.
Audusd following my previous analysis this trade is very much valid.If price respects & fails to break my printed zone & remain above will see some new highs to come to play today Let’s clash!
Usdjpy been acting a bit slow all week it’s finally starting to show signs of a trend to arise. I am simply targeting the 108.600 which was the last previous HH to be tested if we can break above we will see the 110.000. Key weekly level to be a nice target.
Audusd is looking good to make a good push bullish leg to the upside after breaking above. My key level printed on my chart is has given a good sign that we have plenty of momentum to keep going higher. I’ve been holding a position since yesterday night let’s see how this idea plays out
Now I'm still long in HL and bought shares at $2.99 as it creates higher lows and lower highs and I would like to Call as of now the move could have happen in 3 weeks if it doesn't break trend. Hl has been following Silver real close and Silver was breaking out, yet got slammed with Gold as the corona virus scared off the stock market with the Italy news. As of...
Evening Traders, Today’s update will be on CGC, clear levels to watch to dictate the trend in coming weeks/months Points to consider, - Trend respecting .618 Fibonacci - Structural resistance to break - MA’s holding as support - RSI respecting support - Stochastics neutral - Volume below average CGC has respected its Fibonacci level, .618, signalling...
1 - Wait for the MACD lines to develop a higher high followed by a higher high swing point. 2 - Connect the MACD line swing points that you have identified in Step #1 with a trendline. 3 - Wait for the MACD line to break below the trendline. (Enter at the Market Price as soon as the MACD line breaks below). 4 - Use Protective Stop Loss Order. (Place the SL above...
Hello My Followers! Today’s update will focus on BTC’s higher timeframe, trading very close to its apex where key levels diverge - a trade opportunity is coming to fruition! Points to consider, - Strong bull trend on weekly - Key support/ Resistance converging - 21 week MA as key support - Volume currently below average - RSI broke key resistance...
This is fantastic news for the bulls as we just achieved a higher high on the 1 day chart. I now expect us to go back down and fill the cme gap at 8.5k. If so I will be loading up on alts and btc in that range. I closed my 5x long at 10400 and am very happy with the results.
Welcome! I´ll keep this short and sweet, as always. Apart from the professional traders or maybe those who have been in the crypto game for quite a while now, nobody knows that Bitcoin´s price action isn´t dictated by Bitstamp, Binance etc. but by CME Futures. As they are an institutional broker, they essentially represent smart money. Looking at CMEs, the...
If we break out bullishly here, it looks very bullish indeed, we have a couple horizontal resistances to overcome the current one at 9595, and the grey horizontal a few pips above that...the projected breakout target also requires we break above this turquoise horizontal as well and if we were to do that that would be a HUGE bullish sign BTCUSD will have achieved...
XRPBTC breaking up with authority! Has now sent a wick above the 1 day 200ma...I will wait to see a 1 day close above the 200ma or bullish action taking price action multiple pips above the 200ma + a surge in bullish volume before I'm confident it won't be rejected by the 1 day 200(in blue)
Price surpassed previous daily high and seems so be rejecting this level alongside with the 15 day EMA. Wait for a confirmation before entering.