$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?
Looking for shorts from FIBS First run pulled back to the 236 and then pusshed to the over extension of 618. Second run has had a pull back that pierced the 618, unliely to continure to push high, Entry on the 236 for a swing back down to 618. If trade drops before my entry then I will remove the order
Long opportunity has presented itself with THETABTC Been on a uptrend forming higher highs. Recently broken out of the downwards wedge, and looking to retest the trendline Could be 8 - 9% trade. Looking at some of the wicks to the left I will leave the last 25% of my trade as a trailing take profit, so see if I can catch it if it does wick up
LTC is currently in a channel and is trading up. I am expecting another push up for a test of the next resistance.
Eth has just had a good run-up. It's not in a bit of a consolidation zone so I'm excepting it to trace sideways a little on before it's next leg up. I am looking for confirmation that the support level it's on is valid support, so looking for sacks to the bottom showing failed to breakthrough. Then looking for an 8% push up to the next area of resistance...
We've had a break in trend and price has pushed up above 2701 which previously held as a strong resistance level. I'm anticipating a move up to the next major resistance level.
We've had multiple rejections off the current resistance with multiple wicks to the upside. Therefore I am anticipating a short to previous major support.
XBT looks as though it's heading up. Waiting for the resistance to break and then for the greatest to get in. Also looking for divergence on the 4 hour of support before entering. Any wicks to the bottom, morning star, bullish engulfing. getting out at the next resistance.
If we get a close below 174.4, I'm looking forward to watching the satts roll into my account!
Identified a break in downtrend HH formed - change in market structure Waiting for a pull back to those fib levels Looking for bullish candles for confirmation before entry First target is around 174.8 mark again Stop loss below the next fib level down
Looking at the XBT it looks as though the trend may be reversing. We have seen a break in the trend line creating a higher high. This is not a guarantee that this will turn around fully as it's previously been rejected at its current price. We need to wait for further confirmation. I am waiting for the pullback at previous resistance. I will then be awaiting...
Currently testing resistance at $55. If breaks through it will go up to test ATH and either break through or be rejected (durr!). Currently in a no buy zone for that reason. Possible buy opportunity (top orange channel) if it breaks above the ATH resistance and retests as support after the candle closes . If it is rejected at ATH, that would form a double top and...
USD/CHF has hit a strong resistance which intersects with the current downtrend. I am looking for a short position here with a tight stop loss
Currently in a downtrend, waiting on retest of resistance for entry to short
Double Bottom on the 1 hr and break in downtrend, potential long opportunity
USD/JPY is currently testing a strong support level and may have a bounce up from here
NZDCAD has broken out of the wedge and has been respecting the channel. I've placed a few successful trades within the channel already,both long and short, looking to continue the trades. Typical R:R 2.5 - 3 Eventually I'd be looking for a breakout upwards out of the channel with an expected TP point at resistance/ supply block. #SOS #Mybitcoinacademy #MBA...