Hi everyone ! This is a trade idea on NZDCAD we are looking at currently. But first i want to wish everyone a happy new year. Enjoy the free time with your friends and family. NZDCAD did a nice bullish run with a top high divergence. We looking for a good entry as stop loss for now is too far away. Will keep you guys updated here. See you guys in 2019!
A 2008 style VIX superspike is currently building into this market, It has not finished it's double top. This is the same VIX analysis except the spike to the left is described in it's normal Double-Top with a 1,2,3 decay harmonic. 50/80 Double top can be realistically expected shortly .. With it 1500 point drop in the DJIA could easily be expected.. And...
Hey guys, wishing you a nice Monday. Been watching the AUDNZD for a while now and looking for buy opportunities. After completing a short setup, price formed a divergence on the last low and is now forming a higher low on the fib levels. When the confirmation of this level holds, this will be a clear trade for us to enter. Would love to hear what you think in the comments!
Hey guys, how is you Monday going ? I just spotted a nice short setup on USDCHF in the 4h timeframe. You can clearly see how price retested the resistance zone (marked in grey) and formed a divergence right there. After 3 waves of rise from the last lowest low, we expect price to break the upside trend line and correct to at least the 0.5 fibonacci level. We...
DXY Dollar Index The dollar broke above the 95.53 line on Friday on DXY chart and surged to within 4 pips of the next line at 96.49 by the end of the day before halting. It's a little overbought and should come off from here back to retest the 95.53 line before rallying once again. At some point fairly soon it should go on to break above the 96.49 line and move...
The target for this descending triangle has been reached. However, I believe the monday morning will bring the resolution to this uncertain situation in ETHEUR.
Forgive me, it's getting late and I just wanted to get a projection out before the markets sessions. Uh, no cryptos on this one, just straight equities market. Watch for VXX to break above 35.00 today. If we hold it, expect the rally(VXX) into later parts of the day.
BTCUSD: Bitcoin Monday Trade Points Bitcoin is still negative, dropping in stages and slowly breaking bull hearts and messing with bear heads as it does so. Once it broke the lower parallel here on Coinbase it was expected to fall away to the 7162 line before bouncing again towards 7200 before falling away again. Overnight it came back to a low of 7167...
Bitcoin Monday Morning Feeling Bitcoin finally gave up the weekend rally with a little double top at 8399 before falling away overnight to a low at 8005 at 06:00 gmt/01:00est A break below 8000 was needed to trigger the next short from here. Since then it's made a little counter-rally but looks vulnerable again once it fails and the small rising dynamic...
Bitcoin Update Monday Trade Points Still messing with heads as it makes a 4th and likely final wave up before it falls away again. Once it breaks below the lower parallel of the continuation pattern it's now tracking within it should begin to fall away faster and can be shorted again from there with stops above the line when broken. Unlikely to trade much...
Bitcoin Bitfinex Happy Monday ! For once this hardly really needs updating. Should rally to first target at 10112 later today but is once more a little extended and can spend time consolidating - quite a long time if it wants - before rallying again. Just stick with it or look to add on dips. It should rally to 10448 and then 11590-11620 later this week.
Bitcoin Monday Update Next Buy Points on Monday Those that ran a trailing stop 50 or so points under the little dynamic supporting the lows of the day yesterday will have been stopped out around 11500 for 400 or so points profit. 4% returns on a slow Sunday is not bad but it was a hard grind battling against the bots. Bitcoin has encountered upside problems...
1H Look like the bulls coming back to push the EU up 1.2470 is the next upside level which need to met before (potential pullback)
current trend shows a visible cup and handle clear on 1 hr time frame, line of resistance is coming up quick if we can break it could mean a 10k value by weeks time, but bulls have to keep momentum going
FTSE 100:UKX Critical Support and Key Day ahead for FTSE At the beginning of the year FTSE was forecast to hit the upper parallel and a maximumhigh at 7818 before coming off again. It duly hit the upper parallel spot on butthe high was a few days earlier than anticipated and the eventual high was reached at 7778, some 40 points shy of maximum likely...
Alphabet: GOOG Curious Case of the Unfilled Gap Normally when Google beats earnings expectaions it tends to gap up and away for a couple of months or more and then, eventually, momentum begins to wane and it comes back off to fill the gap. It's been that way for so many quarters now and every gap has always been filled in the end - and notice when it does get...
Time Frame : 4 Hour Entry : 15 m Predicted Direction: Short After a Retracement on the resistance level, and the conformation of the trend line I begin to short this position. Right now in Profit
The price went up today and it has formed the bat pattern on H1 EURUSD chart. It is a structure high and resistance zone at 88% fibo retracement and bearish moves are expected. Wait the market open on Monday to avoid any gaps or weekend moves. T1 - 38.2% T2 - 61.% --------------------------------------------------------------------------------- Forex historical...