I see the price will at least test 1.17050. But we need to be aware today are high impact news for EUR. Scenario2 is to break of trendline and continue momentum up.
My eyes see scenario of the continuation momentum up to atleast big zone where TP2 is. If we look from Daily/Weekly picture we see on weekly how price fakeout. *There were news* If we turn down we should watch for possible buys/sells depends what will price action tells us. Overall we are in downtrend but still on Weekly Zone. Lets see
If we look on 4h we see price is in consulidation zone. Price had serval rejactions on DAILY Zone i'm expecting price to drop to around 1.15600. There as we see on green zone we had many rejactions on 4h Timeframe. If we draw trendline from 03.01.2017 to here. We get serval bounces from it. Lets see what will happen we can catch some nice waves if price will...
Overall we are in downtrend. But still looking for a potentional buy where i put my singal previous week. Scenario 1: We can go test upper 4h Resistance zone and trendline and continue momentum down Scenario 2: We break upper Trendline and zones and we go test bigger Resistance Zone. Scenario 3: Like i draw now and still watching for buy limit to be activated....
I'm looking for a strong break of Weekly Zone. Price can go take some fuel from upper zones before a true break but overall we are in strong downtrend so lets see what will happen. After break we are going Zone to Zone.
I see price will come and test atleast one more time "Weekly/Daily support Zone" and possible bounce of trendline. I think price needs little more fuel of consolidation before any strong break. Possible fakeouts! If this scenario will respect my analysis we can catch nice waves.
I see nice correction in tunnel before countinue moumentum down or possible break of all Resistance zones and keep moumentum up, because we break trendline of 4month of downtrend. Searching buy on 1,32000 bounce of trendline and fib of 61.80% Second scenario on red line down we can break the tunnel and come test weekly zone again.
1.1500-1.1510 was a strong support that kept bear attack. Our pair is above 20-MA. This could signalize about movement UP. Core points are 1.1715 and 1.1800. Have a good trading week.
So here we are almost near the end of consensus 2018, and the situation is looking rather grim from my perspective. We've now had a run-up to 10k and denied, hit 9500 and denied, hit 9k and denied - now we're at 9200ish at the point of writing this and I cannot see a situation in which any of this is bullish. The market has taken multiple sustained hits and hasn't...
Hopefully simple enough to understand, let me know if you have any questions In the short term future I see 2 paths, normally it would only be one, but I've never seen the Bart Simpson pattern pump/dumps before which is why I made the second path because who knows? Anyway, Stoch is low, MACD is looking to crossover soon, hopefully at this support.
I was fiddling around with converting daily indicators to match the 4 hour chart when I noticed the support/resistance fight between these levels. Note how the 300 daily EMA has historically acted as support in the 2017/2018 bullrun. The 200 EMA on the daily is now working as a solid resistance, as it has done before. Now I mostly use Ichimoku nowadays, and as you...
I may be a dreamer. But am I the only one?
DYOR - Not trading advice. I have not researched this company yet. It's just something here for me to save and to look at. Comments and information are appreciated!
I just noticed that the stock has revealed a medium term channel up pattern. Lets see, if it holds and reaches the 100 mark by the end of March.
please note: this is not a complete trading idea. This analysis is entirely based off historical data. Many of us know that Bitcoin has seen several major correction throughout its lifespan. The last major correction took place back in late 2013, which resulted in a 90% correction from the top. The chart above shows the percentages and ratios I collected from...
A LOT of people were watching SALT for a while, expecting it to break out towards its $20 short-term goal. Instead, price stopped short of a breakout and started consolidating. Price is consolidating into an Elliot ABCDE. Your next buy zone is the purple box. After you buy, this is an alt for your core position and at the end of 2018 you will look back at this...