We are looking at USDCAD on H1. We have higher bottoms and higher peaks. These are the signs of forming a new trend. When a trend is in its beginning, it is much more likely to continue. Therefore, we will look for opportunities to enter buys. What we have to take into account and be especially careful today is that it is the first Friday. I guess it's clear to...
I did not pay attention too much to the Decentralized finance trend in crypto because until few months ago, just classic lending platforms were on the field. Now things changed. It has reached the front page on the crypto world because of the launch of the COMP token (will talk about it in a seprate idea) and the DeFi future on the exchange you see in the graph....
- Huge Weekly Supporting Trendline - After Selling pressure, the stock entered consolidation zone. - Big volumes came in to this consolidation suggesting that it was accumulation. - Seems to have made the FIRST HIGHER LOW - Observing HIGHs & LOWs on lower Time Frame to time the Entry. - Any dip appears to be a BUY - Buying here could mean buying at the...
Hi Traders! The market just broke the market structure. Now it is in a (not confirmed) uptrend. Before, the market was in a descending parallel channel. Then it broke out, tested the Parallel Channel again and made a higher high. After that the market got under the previous High (orange dotted line), but it failed to make a new lower low. As you can see the...
EOSBTC looks pretty bullish last days. Having bigger impulse on the pumps . More likely going to breakout the 2year bearish resistance trendline . RSI already broke up the downtrend . Also i like the bullish structure on 1D where we see a breakout out of cumulative triangle . Volume is not so good but i highly recommend to spectate fundamentals around EOS in next...
Hi Traders! The market is moving in a range since 21th Octobre. It was swinging up and down and now up against. But this time the market is moving with very strong momentum. There are good chances to make a new longtrend. We expect the marketa to retest the 'breakout' and to trade along the new trend! Thanks and good luck :)! PS: Make sure it isn't a false...
Buyers have shown interest in GBP over past two weeks. Expecting the trend to continue. We are very close to the bottom on higher time frames. Waiting for price to reach bottom of correction or reach trendline.
Weekly T.F: Break of the weekly trend line which predominates for the entries in the short and the confirmation of the possibility of the break of the trend and the new uptrend + 78.6% of fibonacci which confirms slow backward movement. Daily T.F: Double floor + bullish emas with ema of 21 subtracting in support area 0.715 + 61.8% correlated fibonacci and fibo...
After a horrible week of news for the DXY expect the heavy bullish trend to end. JXY is showing strength and technical analysis already has USDJPY in a Bearish trend beginning. Look to place shorts on this pair as the trading week begins.
Wait btc sideways and altcoin can make new trend bullish, you can scapling or hold for long term, i'm just try to predict "How to trade in XRP/BTC. Good luck!
Downtrend broken, this could be the start of a bigger picture bullish trend we have for this pair. Next Supply zone to look out for is the 1.29100 area, where I will look for a break above that zone or a rejection for a pullback to create a higher low, so price can build some momentum & break to the upside!
We have got short 123 setup :) Reasons for short: Support acting as a resistance Resistance Trendline EMA We are waiting for solid bearish PA! Talk to you soon, Marjan Forex Swing Traders
Our bias is currently Neutral but until the 4hr 50/60 ema is cleanly broken and re-testest as new resistance then its in a neutral stance, IF however the prior mentioned happens then the stance will be bearish.
we will see more up to gold . we are now breakout channel in weekly chart :) . we are breakout downtrend .
Looks bearish here as it has b/o to the downside of the intermediate upward trendline from 4/14'. It also just had an outside bearish engulfing week 2 weeks ago and has been trending lower as it is testing major support lvls. Also has been in a consolidation range for almost all of 15' & can't seem to break out to new highs which this consolidation could actually...