EURJPY 4H MACD CROSSOVER SHORT TRADEWatch that Macd Blue line crosses below red dotted 0 level line for confirmation
Enter Short with Sell Stop @ 135.11
Exit trade @ 134.55
If Macd crosses above red dotted line exit
Macdcross
ICX/BTC breakout scenarioA demonstration of a few indicators showing that a breakout is possibly on the way, most likely happening today if the following hours show a decent trend upwards. Please leave a comment and feel free to share your opinions on the situation! I'm new so please do criticize in a friendly manner to help me chart better.
BTC -90% ? MAJOR CORRECTION IS COMING. Hello guys, a lot of analyst (me including) are too often focus on the 1h/4h or at the best 1day chart, which is good for traders but don't really show us where we are going.
First of all I would like to call back that correction and especially the biggest are HEALTHY and are a good opportunity to invest or strengthen a position.
This chart is really simple, and in fact it's only a possibility, but days after days this possibility looks more and more likely for me. If you dezoom and look at the weekly chart you can see more or less the same pattern of the crash of 2013 end and 2014. For the first time in near 4 years, the chart looks to flirt with bearish woods : RSI (Relative Strength index) is at the border (blue line is our crucial RSI support to hope for a new rise). For the first time since 2014 both MACD lines just touch what is a very bearish signal.
And the weekly chart is almost identical at the one of 2013/2014 : bullrun during 2 years with no real correction and then a weekly decline to -90% of the ATH.
We actually achieve -50% of the ATH and then maybe only half our actually correction...
BUT, because there is a but, IT WOULD NOT BE A CRASH OR THE END OF THE CRYPTO WORLD. After correct during 1 year in 2014 BTC jump from 100$ to 20000$ so we could see the beginning of new parabolic cycle in the comings months/years to 100 000$...
As quickly show with my basic Elliot Wave ABC correction, in this scenario my target would be around 2500 and 3000$. Further correction are possible, but i don't expect the price go very more low than 2000 so buy at 2500 and hold some weeks/months looks reasonable, and in the best case you just buy the perfect price :).
Goodluck everyone and have a nice day.
Feel free to post your minds, agreements and disagreements are always welcome when they are supported by arguments.
I'm not a financial advisor, i only do it for my personal entertainment, do your own research.
BTCUSD - WARNING! Not for the faint-hearted!As I was analyzing the price history of BTCUSD pair, I come across the Weekly chart of 2014-2015 time table.
As you can see in the chart presented, when the MACD crossed, all hell broke loose! FOR A YEAR!
It took a WHOLE YEAR before it recovered and then went parabolic AGAIN in 2017.
Now, we're here HOPING that the uptrend continues!
But truth be told, we are going to suffer the same fate!
If you do not want to lose money, you sell into fiat or hold on tight within AT LEAST A YEAR.
For me, I'm gonna have to switch back to forex.
At least I can sell short there. Or BitMex so that I can sell short the hell of this thing.
Anyway, may the odds be in our favor! *crossesfingers*
RDD MACD x and ichimoku basicsWe have the beginning of a macd x on the 4 hr. Tenkan Sen, about to cross Kijun Sen on the Ichimoku. Chikou Span crossing above previous the price line, and price breaking out of cloud will be another bullish confirmation. RDD is giving us more and more signs. As always be careful, set stop losses and/or alerts, never panic.
Happy trading!
Ichimoku Lines explained here.
d.stockcharts.com
BTC/USDT - Big Movement AheadThe NOV/17 bull run has bounced from the Fib 0.618 key retracement level and now follow a sidway trend within a triangle pattern . The current Support Line proves significant strenght as it already rejected the sellers for a total of four times, which prevented any further drop.
We can expect the price level to bounce from this strong Support Line and to stay within the triangle pattern. The end of this pattern will require the market to make decision. A bearish scenario could cause a drop to the long term Support Line (9.000 USD) whereas a bullish breakout that is supportet by a possible MACD Cross is going to signal a continuation of the bull run.
BASIC, PLAIN and SIMPLE.
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TRX Possible BreakoutTRX is forming a falling wedge and could potentially break out. The MACD crossed over and the RSI is showing a strong uptrend support line.
EURUSD 4H FLAPJACK TRADEFlapjack is a pancake. You have to flip it over to finish cooking it.
Flapjack means price chooses which side you put your jam on to eat
Let Macd fade back to center line
Bear trade Macd falls and crosses below Red line
Bull trade macd crosses above center line and stays above it
You have the option to scalp current price back to 50 or 100 sma
BTC Short Term Bounce?Whenever, the price goes up or down too fast, the price almost always retraces. Bitcoin has gone down 20% over the last two days, and is looking to make a short term bounce. A quick glance at the RSI and we see that it has broken the former trend line, which now is the support line. The RSI is no longer in a downtrend, but starting a uptrend. There also a cross over on the MACD, indicating the bears are losing momentum and can't drive the prices lower.
At the bottom, we see a long doji candle. These type of candles are often a powerful reversal signal. In addition, Bitcoin failed to made a higher low, which could mean that the downtrend is over.
Possible Trade Setup:
Stop Loss: 13700 (Slightly lower than the current low)
Target: 15740 (upper trend line in descending triangle)
What is a cross over?
www.google.com
What is a doji candle?
www.google.com
Low volume LTC - possible entry pointLTC hasn't been able to keep up with BTC and ETH in the last few days, but that may be due to it's low volume when compared to December.
Entry point under 0.015, after waiting to see if the 0.0145 support holds.
Possible MACD bullish crossing.
ETPUSD 15m Short ScalpMacd is over extended
Macd is crossing below Red Signal line
Price breaking resistance line
Price stretched away from 50 sma
LET'S HAVE SOME YEN!USDJPY 4H
Macd crossed above Red Signal line
First week of the month
First month of the year
Expecting price to move back to a neutral position by the end of the week.
Price should return to the 50 sma and 50% fib
RANGE WITHIN A RANGE WITHIN A RANGEBest Range Trading Strategy is...?
My preference is find the support/resistance levels and enter their breakouts with the break-hook-go strategy on the 15m chart.
I also watch the Macd for direction, pullbacks, & momentum moves.
What is your Range Trading Strategy - share with us in the comments below.
EURO TO FALL LONDON SESSION15M chart price has been stretched away from the 50 sma for awhile.
Macd over extended ready to cross below Red signal line
JUMP ON THE TRAINTake a short scenic route to some profits.
Why a long trade?
Higher lows developed.
Price has been away from the 50 sma for awhile.
Macd has crossed above the red signal line.
Watch pullback back to between 38.2% and 61.8% fibs then long.
Take Profit at the 50 sma. Confluence with 127.2% fib line.
Tell us how you would trade this pair!
SUSHI ON SALE 100 PIPSYou see here on the 4H the EURJPY is consolidating sideways.
The buyers and sellers are indecisive but I think the sellers will have Sushi Dinner because...
Price is stretched far away from ma's.
MACD is stretched far away from 0 level line.
MACD has crossed below Red signal line indicating possible new direction.
Close trade if MACD crosses above Red signal line.
Let us know what you think in the comments.
P.S. Waiting for our Big Three Indicator to turn Red based on a proven strategy we have been testing may be a good bearish confirmation.
I will keep you posted . Thanks!
GBPNZD 4H Macd Cross Over 0 LineMy brokers 4H close is not the same as TradingView 4H close. MT4 cross over was 2 closed candles ago so I have just entered long for 50 pips
EURUSD 4H Retest Previous LowI entered trade on a 15m morning star bearish candle pattern @ 1.1966.
TP @ 1.1825 previous sup/res level.
Macd Blue line is about to cross below 0 level line.
Trade is good while price remains below 50 sma and Macd 0 level line. These can be used as your SL signals.
ROYT is looking BullishFor those who enjoy swing trading, ROYT looks quite promising. MACD and Bill Williams 3 Lines Startegy show that momentum is entering ROYT, additionally RSI shows that ROYT is becoming slightly more overbought.
Can crude climb up this timeCrude has been negative 3 times a row due to inventory data. Now again US rise their drilling and is expected to be little more bearish. But technicals suggest that if crossover of macd and stochs is completed, it may make a new high. Lets wait and see.
If crossover happens in a day or two, then 1st target would be 46.11 and 2nd target would be 49.71 (if lucky).
EURUSD - BearSeeing a couple confirms for EURUSD Bearish slide down today.
Will see how the Sydney session plays out before posting any update impressions.
