I'm not sure if you were around when ETH made a double top around $400 but I do remember it like it was yesterday.
At that point, a friend bought it nearly at the second double top price. Just a few dollars below that.
He did not listen and as a novice "crypto investor" he wanted to be smarter then experienced ones and even than the market itself.
Strong Bulls are always looking to buy. Strong Bears are always looking to sell. Weak Bulls and Weak Bears are usually indecisive and wait until its too late, entering at the worst possible time. In general, Strong Bulls sell to Weak Bears, and Strong Bears buy from Weak Bulls. When both Strong Bulls and Strong Bears sell (strong bulls to take profits, and strong...
A short signal just triggered on the GBPJPY. Our swing trading system will target a 5-to-1 reward for the risk taken with this trade! These sort of setups don't happen too often but when they do they make all the difference between a profitable and money-rolling-in trading month.
We will be taking 50% profits at the first target area as illustrated on the chart...
To be honest this is probably one of the cleanest setups I've seen for a while as the price has tested the 0.705% and 61.8 fib and is currently sitting on the levels of it.
Very soon news coming from the UK and if they're hawkish I see price making sharp moves.
Stops below the 0.705% fib and targeting as the arrows show.
Its been over a year where the prices have ranged between 114 to 104.5, giving no clear indications. Might as well take advantage of this big range and check out the daily close below the fibo retracement of 50% @ 109.58 to give a clear path for the 61% @ 108.4. Prices currently @ 109.3, got to make a move , placing a stop @ 110.
DENT/BTC on Binance is looking good! We are inside an descending wedge (which is bullish), also we have an inverse Head And Shoulder Formation taking form and a low RSI, which makes is oversold.
Remember always to use Risk-and Money Management and a good Risk Reward Ratio! That is something we teach our FAMILY MEMBERS, and why we are making money for them.
Hi All ,
Good evening , our team would like to share our idea on GBP/USD , we are expecting a small pull back to 1.29120 as it ours pivot point for another short position with target 1.28750 and further target if market still continue bearish trend to 1.28650 .
Above 1.29120 we could expect bounce up to 1.29300
P.S Brayzil Team
“The art of life lies in a constant readjustment to our surroundings.” —Kakuzo Okakura
The TradingVeiw community was all over the fact that BTC and other cryptos were on the verge of breaking out days if not weeks before Apr 19. It was obvious, so it is nothing to brag about.
However, how many of us are still long BTC or LTC? What about those who traded QCOM?...
Chart time frame - H4
Timeframe - 4-12 Hrs
Actions on -
A – Activating Event
Market will meet resistance in zone @82.68 - .... and fall to the 82.200. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @...
this is a decisional point for this pair and its either up or down. Sideways market is not allowed due to the point that the market is trending and it has been consistently covering pips. This zone has less support and resistance and we do note expect any to be formed right now
Gold is mostly aways from ranging and channels and thats why its the sweet spot. However, Gold is either an Obedient dog or a ratchet one. Finding sweet spots for the pair is the Key because it obeys them.
Over here we have 3 trades based on Trends and SR lines. A broken triangle gives us a bullish but failure to the trade, we take a short on trendline break with...
History does repeat itself and at this instance its not too long ago we saw this movement on the pair.
A triangle, breakout, correction move and a final down move followed by Fibonacci retracement.
I dont go against the trend so lets remain bearish and watch this pair. Breaking down would definatelly have me selling