Price is currently trading above the EMA'S and has been for the past few weeks, also note that price had a fakeout and rejection of the 0.79 fib level which was a key value area for market orders. doubters will doubt, traders will trade. prove me wrong!
Two of the predictions in my previous post were bullish triangle and bullish sloping flag. But it looks like BOTH of these are correct. The price broke out above the triangle's horizontal line, but has now found resistance at the top line of the sloping flag. Short term swing traders should SELL at this point.
Long-term hodlers can take comfort that the flag is...
The main chart shows the price is confined inside a triangle and a breakout to either side might occur. The red lines are concrete support and resistance levels drawn from the Monthly charts. Should the breakout occur, we can expect the price to test either side of the red lines.
Fundamentally the AUD would appreciate against the EUR due to trade deal almost...
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GBPJPY FOREX BREAKDOWN 23 APRIL 2019
Bearish open below previous week support and long holders sl levels
Bullish waving market with several pullbacks
Good long entrys now after market took out several buyers and support zones
ENTRY @ 145.055
SL @ 144.145
TP @ 146.090
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AUDUSD FOREX BREAKDOWN 23 APRIL 2019
Strong bearish open this week below previous support level
Market taking out weekly long holders before making further moves upside
Slowly rising market with several pullbacks and waves
ENTRY @ 0.71280
SL @ 0.70910
TP @ 0.71700
though many traders sell usdjpy following bearish breakout of a narrow trading range
where the pair was trading for more than one week,
I have the opposite view.
looking left we see that we have a lower support 111.7 level.
+ taking into consideration a rising...
Ok, today i will analize Apple on Nasdaq. There is strong upper trend after big sells under 199. This position is confirmed by volumetric analysis using x-volume indicator. Like show x-lines on day timeframe there is strong level 209. And i think be better to sell some part of long position there. Next we have accumulation zone 216-220 which is represented whith 3...
Bitcoin is practically out of a downtrend channel formed since january '18. Now Bitcoin can turns so bullish if it brokes $6k resistance (but it may still continue bearish if it can't pass $6k resistance, so take care)
My trading plan:
I think we're going bullish, so I'm going Long right now with 3x leverage, with Stop Loss at $5,200
1st target: $6,500
LTC is on a nice support area, between two horizontal supports and the cluster 0.618 0.65
Stochastics are still very low and the RSI seems to indicate a hidden bull divergence.
Given the market context (a bullish BTC) and speculating that high-caps will follow; we could assume that the LTC would probably come looking for its high around $99 in the coming days.
It appears the MAs are currently at play on BTC/USD weekly. That does not bode well as it appears the 50 MA is providing some fierce resistance and the 100 is not far off. Longs have a reason to be skittish while shorts take the lead.
That being said this is the world of unregulated casino markets so even if BTC should retrace it likely won't...kind of like a...
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NZD/USD is so close to the best place where we can open a LONG entry.
- Key level, price bounced a few times from it.
- RSI OVERSOLD
- Demand Zone D1
I love such entries because risk-reward is good.
GOOD LUCK and take entry according to your balance.
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Cardano (ADA) awesome buy signal
• 2nd longest consecutive daily close lower than the daily open.
• Lowest Composite Index reading in Cardano’ history.
Crazy buy signal for Cardano (ADA)
Cardano has been hit with some tough love every since reaching a new 2019 (and 9-month) high of 0.00001944 on April 3rd, 2019. Since that time, Cardano has dropped nearly -30%...
Nuls looks likely to outperform bitcoin here with a nice setup on the daily chart
Reasons to buy -
Momentum is heading positive
Finding support at 50 SMA
Above 200 SMA
50% retrace holding as support
Daily uptrend forming
Broke out of resistance and is holding on a retest
On the 1D chart, we can see the price breakout the demand from the left, on the same chart we can see below the next fresh demand, most likely, the price on his way to reach this Demand below and maybe also the one at the bottom, on the 1Hour chart we can see the next fresh supply levels which are great levels to sell GOLD and join this bearish momentum. I’ll sell...
Hello again, looking at AMB weekly chart, we can see a double bottom trend. Bear period is over for AMB as we just completed Elliot Waves with the last leg down. a reversal is expected to take place soon and AMB is going to the moon. target is indicated in charts for long term. If you find this idea useful, please like and also comment your own idea if any....