Good evening ladies and gents,
I have had this pattern drawn out since early-mid July and I believe I even posted it a month or two ago as well. But reposting it once again to give an update. This idea remains a very real possibility but it could take months to even a year or so before reaching the pcz of the bullish Bat. The Pc(Zone) would be between $119 and...
This one may have a fair bit to go but I'm just putting it on everyone's radars who follows me.
Expect a bit of consolidation for quite a while but I'm expecting a break to the upside upon arrival at the trend support line.
Will see how it goes and will keep you guys updated.
Chart says all; a few salients:
Long Trend: The entire movement of late 90's up to 2009 was a giant Zig-Zag correction of the 90's Bull Market. The 2000 dot-com bubble burst provoked a mighty B wave lasting several years, that ultimately culminated in the 2008/09 crash, when prices fell below 2000 levels in a great 'h'. The current cycle began 09 March 2009 with...
The white vertical line is Jan 09.
The white horizontal line is my personal estimation for a ceiling in price and adoption.
The blue lines are my personal extrapolation of the range using historical peaks and dips.
A stabilization between 100 000 and 200 000 $ would put Bitcoin between 2 - 4 trillion $ market cap.
This would be relatively small compared to global...
The price will goes with our direction 0.67707
Note: this is not investment advise,This is for educational purpose only, this is just my opinion , i do this analysis in demo account, you can't make money or loss money through my opinion.
I hope everyone is flying with trading profits this year. In this video, we will go over some simple strategies for potential long term profits with the help of some simple moving day averages.
No complex graphs. No algorithms. No college degree needed.
If you have any advice for me and how I present my videos, please leave a comment down below!
A bullish 5-0 Pattern setup, will need more confirmation to engage this trade may be a break and close above the high and wait for the retracement to engage for a longer-term buying opportunity.
Extended target may take 4-5months to hit final target.
I plan to split position in 3 entry ( with small lot )
#1 Buy now at mkp
S/L red line around 200 pips
This is Long term trade.
( swap positive )
This Idea I will not update .I use for recording only and will check again after loss / gain 120 pips.
If you see in monthly chart will see Lowest value around red...
A very longterm bullish butterfly is complete on the EURJPY daily chart.
The Potential Reversal Zone is mentioned clearly on the chart. The price tested the zone and reversed at the end of last week. Unfortunately, couldn't open any position as I was busy moving houses.
However, if the price tests the PRZ again, will be opening a long position.
Exactly 3 years...
We are at very interesting levels when it comes to this pair. We are currently retesting the 2015 lows and a good chance to go long – long term. From a technical perspective it looks like quite the appealing trade with substantial support. From a fundamental standpoint though, the Kiwi could find some relief based on dollar weakness and a resolution of the trade...
From an investor's point of view, meaning long term thinking, it's important to give attention to the matter of "when should I be taking profits?"
In my point of view, BTC will likely not have as much energy in it's way up as in the past, for it's major
long term growth pattern can be seen through a log curve.
I personaly have a target on the 70'000 USD zone....
Two chart patterns are in play right now for FX_IDC:GBPEUR on a long term scale. First of all, GBPEUR is breaking out from triangle, with target at around 0.98. And further there is an option that GBPEUR is forming head &shoulders pattern. H&S would be confirmed, if currency pair breaks neckline around 1, then pound may drop as far as to 0.75-0.80 region.
GBPCAD showing strong bull candle off the bottom of the channel on the 2nd touch close to S/R on the Daily and showing momentum on the 4hr. Theory is that it will continue to the upside over the coming month or so.
SL: 1.6620(BREAK EVEN AFTER TP1 HIT)
TP1: 1.7210(R/R 1.4)
TP2: 1.7740(R/R 3.5)
TP3: 1.8790(R/R 7.7)