Hello traders, I have been comparing the current price action with the fractal of July when BITFINEX:BTCUSD seem also to get bellow 5800 but then resumen to the last short uptrend we have had. I think the price action is very similar and we have high stakes now for a pump to the 7000 region which would be the next great resistance of the price. Im long...
Saturday Update Take Profits/Next Long Set-Up Ripple has had a nice break since busting the neck-line and is now testing the first line of reisistance at .6493 It really needs Bitcoin to break above 7735 for it to power ahead from here to the next resistance line at 6921. Can take profits here and get ready to go long again once .65 is taken back by the bulls...
WTI USOIL After consolidating off the 66.48 line but never threatening long stops under here WTI has pushed 550 pips and more higher to 72.28 so far. It's a little overbought in the near term and looks like it will consolidate back to 70.69 and then bounce 150 pips or so - and then come back again, doing so 3 or 4 times before it pushes higher still. The...
I see a nearterm timeframe for a quick buy & sell on siacoin. Sell target 290 (low risk) 300 (medium) and if you are willing to accept risk set a high market book order in case of a pump (I would do 310). Just my 2cents enjoy and happy trading! I would also hold sia long as it has the potential for some great gains
We've seen a lot out of this one already but I'm expecting more. EMC2 is showing a lot of strength, establishing new levels of support with each jump skyward. Assuming the trend holds, I could see a jump well over $1 in as little as 2-4 hours and as much as 8. If we regress then a new chart is needed.
Dash for the Cash or Go Fishing? Wonder who got that pin bar lowright off the old high..someone put an order in and got struck so sweetly. It can still come back from here again, lloks strong but it can still mess around some more first before it breaks higher. Try going fishing..stick an order a little above that spike low today and maybe it'll get hit later...
NZD/USD possible Bearish Near-Term Correction in play. Entry target @ 0.7380 Target 1 @ 0.7340 / W Target 2 @ 0.7150 / M Target 3 @ 0.6880 / Qtr. 1 Break above 0.7450 would signal Bullish to 0.7484 Would wait for clear & firm break @ 0.7380 S1 0.7356 S2 0.7276 S3 0.7188 R1 0.7459 R2 0.7558 R3 0.7620 Personal analysis only. Please use your own rules &...
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If the level is reached, the trade should have good support from Pivot levels as well as daily Opening Range. All MAs should be pointing up at this time if the level is breached and stays above entry level.
Of course head on ( NFP ) Bears might be stronger near-term !!!!! Gartley pattern has formed 1hr chart, Retracements that yield the most reliable reversals are the .618 at the B point and the .786 at the D point (PRZ) Breaking above 1.11 would cancel the bearish bias and the pair would probably rise to 1.1130.. Let's see interesting situation.!!!!!!!!!!!