FX:USDCHF The Setup Downward Wedge bullish breakthrough on 4H chart. Technical show a MACD & RSI divergence. Trading You can Enter Trade at current levels. More conservative traders can wait for the price to retest the wedge pattern. Stop Loss at 0.8846 (below last low of wedge ). Suggested take profit levels shown as white horizontal lines. ...
Hi Folks ; BTC is broken the downtrend channel and the expert traders are looking for a nice & cute setup on this zone with 21K target.Only keep watching to appear a reversal signal and then setup a safe entry point for long.I will see you guys on 21K level.
NZDCAD Short Idea. Formation of a butterfly pattern with a tight convergence on the Potential Reversal Zone (PRZ) levels. PRZ converges with a rising resistance line. On a 4 hour chart we can see a large engulfing candle with a MACD Divergence. Stop Loss at 1.41 XA Take Profit 1 at 38.2 AD Take Profit 2 at 61.8 AD Happy Trading!
Hi Guys; You guys, are you ready to hunt an another sweet position to make a reasonable profit? so we wait to see a nice retest after breakout and then we will jump to the long position. Hope make money with this position guys.
Bearish Butterfly on FX:AUDUSD 1H chart. High risk traders can enter now. A more conservative approach would be to wait for a reversal candle. Supporting Parameters: Resistance trend line reached. MACD Divergence on 4H chart. Stop Loss at 1.618 XA Take Profit at 38.2 & 61.8 AD. Happy Trading! Comment your thoughts and ideas. Contrarians are always welcome:)
FX:NZDUSD Rising Wedge formation + false break at the 5th point. This is in conjunction with a MACD Divergence. On a 4 hour chart a shooting star reversal candle is present. Short at 0.77017 Stop Loss at 0.7036 Take profit at support/resistance along the way. This trade idea supports my larger active trade shorting the NZDUSD based on a harmonic pattern -...
Should we get $31 within 6 months (AKA fill the gap down in 2008)? I call out a strong buy for $TEF. There's a multi-month trend, even years after the divergence is completed. The chart never lies. HOLD! Don't be a week-hand!
Before we begin with this analysis... This time it is suited for people who are playing the long game... All ideas that are expressed are of my opinion and interpretation of the political situation. So... While the world waited anxiously to see who will become president - so did equity markets. On the technical side: A Triangle pattern has emerged on a...
This is in continuation of a previous post (linked below). We have an upwards Wedge with a MACD divergence. This is a bearish signal. A downwards break of the wedge could mean the trend might reverse. Trade levels in previous post. Please use caution! As vote counting resumes in the coming hours, volatility might resume. I know the Bitcoin narrative is...
w e can see that the dxy is showing bullish movement within channel. if it can stay in upper boundary it will be bullish lets see if it can test the middle macd shows bearish cross
this looks like the pattern but im new at trading so i wanted some feedback! could this continue lower from this point on? theres also a bearish cross on macd so this could go lower
price is in bearish pitchfork channel. seems like price is going to have a jump at the current level and then bounce more to continue down the channel but its looking bearish since price doesnt hit the top of channel before dropping.
looking at the hull moving average on 4h the lines are not yet curving for cross, and the macd is also signaling a possible continuation down to test these key levels lets see how far it can go before it bounces
BITSTAMP:BTCUSD BTC/USD is forming a Bearish Crab and is nearing the Potential Reversal Zone (PRZ). This is happening after the formation of the Bearish Gartley failed to reverse (see in Related Ideas). Notice the tight levels of the 1.618 XA projection and the extreme 3.14 BC projection. The Crab pattern is usually volatile in the PRZ so prices might reverse...
FX:NZDUSD The NZD/USD is forming a bearish Head And Shoulders on a daily chart. The head of the pattern is itself a double top formed on a historical resistance line. The right shoulder is currently at its completion point and there are signs that prove is starting to reverse. More on that in the link below. If the pattern is completed, price could move lower...
*Entertainment Purposes Only, not trade advice. DYOR I really like the story behind this coin. Consistently in top 100 cryptos. On multiple exchanges. It does have a lot of outstanding coins though. Reasons for trade: Location it is between .618-.786 and at .786 off two different fibs (double entry zones) from most recent highs. It's near the bottom of its...
Reasons for entering trade: LOCATION: Double bottom forming off of .618, not yet confirmed. Price currently between .618 and .786 from fib off of breakout and uptrend from 2017. MACD: Triple bullish Divergence (Market Structure in MACD) WILLY: Coming out of oversold (Market Structure in Willy) VOLUME: Green bar Impetus Notch in volume profile needs to be...