The weekly bullish trend line was broken and we are now in consolidation on the weekly chart indicating market neutral bias on the larger timeframe. We do have a bullish pattern near completion for a good long opportunity on a daily chart despite the overall market being bearish on the same time period. Profits are conservative due to the high risk of the market...
we looking for a breakout this line then we can go short to next level at 148.30 its a Fibonacci level .
BTC's 3848 two-week consolidations on target. Actually a tiny bit bullish, just a little. Short and sweet, take it with a grain of salt. ~Ji This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share Please do....
We can execute a "Sell/PUT" trade right after price respects the Trend line. we can take 45 minute trade if we be aggressive. If we're non aggressive, then we can wait until any pinbar, engulfing or doji confirmation then go for a 1 our or 1 our and 15 min "SELL/PUT" trade.
If you choose to buy here, caution is advised. Dip your toes in slowly (dollar cost average in) and have your stops just below the ascending BLACK trendline. I'm extremely cautious here and reluctant to buy until we have more signs corroborating this move up.
So, a strong piercing line candlestick pattern has emerged on the daily chart, a few days earlier, and I wanted to go long, but the technical analysis was still a bit too much on the sellers side, so I entered the 1H chart, and waited for the resistance line breakthrough, before going long. So I went long here at 3936.27 Stoploss: 3200.00 (2 % risk of...
NZDUSD has created a good short trade setup on the daily chart, according to my trading strategy. A strong bearish engulfing pattern, at the bollinger middle band, also breaking through a strong resistance line and two resistance levels. The bearish candlesticks are also stronger than the previous bullish candlesticks. However since this is a trade formed...
Recently listed tokens can make good trading candidates. Everything you need to know is printing on the daily charts. A low was formed and two previous days were counted backwards to enable green line to be drawn to the right hand side. This is count back line analysis being used to identify a buy signal. A buy signal is a close of the daily candle above the...
This is a really risky trade that I personally am not going to take but with this position that it is in right now, I believe if segwit goes well and the networks remains intact that Bitcoin will sore very high soon. It is very bullish if a currency breaks a month long trend line and then within days returns above it! Hope some people can make money with this!...
Been buying dips along accumulation period in the 9k to 11k range. I wanted to make a more clear drawing of my prediction. my stop loss is set to sell below the purple major trend line demonstrated in the drawing. thinking it will hit 20K reject providing a secondary entry in the 17k to 18k range then another target for 34k to 36k range. Let me know what you...
we looking for breakout last bottom then will go more down .
PLUG (Plugpower) Break out through resistance on large volume and news that Amazon is buying 600m of shares. Resistance line broken at 2.40 now acting as support.
waiting for a confirmation possibly a few more sideway moves will see MACD converging shortly.
bearish Cypher pattern completion at valid line structure.
If the trend line breaks, target fib 1,272