Morning traders, This morning we have had the Swedish central bank come out and delay interest rate rises with market now pricing no rise until early 2020 (from mid 2019). This has had a secondary effect on the Norwegian Krona leading to a 700 pips drop versus the Euro. We are looking to capitalise on this move into extreme overbought territory and looking for...
Morning traders, Looking at a short setup on Euro versus Australian dollar after last nights inflation data out of Australia coming in at 1.3% versus 1.5% expectation leading to a 140 pip spike higher in this pair. The miss on inflation suggests, in simple terms, points to slowing growth and creates a lower expectation of the Australian central bank raising...
Bitfinex: EOSUSD EN: 5.24 - 5.37 average: 5.305 SL: 5.491 Take Profit: 5.15, 5.1, 5.05, 5, 4.95, 4.9; Fib (0.5-0.382) Expected Call Duration: 1 days to 4 days Position Percentage: 20% Leverage: 3.3 Risk Level: Medium Call strength: Medium High Indicator: 9 Seasons Rainbow Multiple Time Frames Pattern PRO Signals: Bearish (Red): 1H - 8H ribbans Long...
BITCOIN is getting more and more dangerous for Bull. It may challenge the previous high, or even breakout into higher high. But the Marginal Revenue is decreasing for Long Trade. So Bull gets to watch out for a possible Pullback. It is still in Range, so it is up to the market. Indicator: 9 Seasons Rainbow Multiple Time Frames Pattern PRO RSI Signals: Bearish...
BITMEX: ETHUSD EN: 173.5 - 178.5, average:176 SL: 180 Take Profit:170, 169, 168, 167, 166, 165 Fib(0.618-0.382) Expected Call Duration: 1 days to 1 week Position Percentage: 10% Leverage: x 9 Risk Level: Medium Call strength: Medium High Indicator: 9 Seasons Rainbow Multiple Time Frames Pattern PRO Signals: Bearish Divergence, (Overbought / Resistance,...
USDCAD: Resistance in 1D, Yellow, Range USDAUD: Conflict Signals Bullish Divergence (Blue) in 339m (5.6H), Support Bearish Divergence (Yellow) in 4D-5D Resistance USD Pairs being monitored: USDAUD , USDCAD , USDCHF , USDGBP , USDJPY , USDEUR Time Frame: 1H - 2D DISCLAIMER This is only a personal opinion and does NOT serve as investing advice NOR trading...
Euro Pairs being monitored: EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD Time Frame: 30m - 1D EURGBP: Bearish Divergence / Resistance on 170m (3H), Yellow EURADU: Bullish Divergence / Support on 680m (11H), Blue EURGBP 170m MACD, RSI EURADU: 680m MACD, RSI DISCLAIMER This is only a personal opinion and does NOT serve as investing advice NOR trading...
$SPY - with its consistent grind for the month of April, we have finally found ourselves approaching ATH (All time highs) from back in October 18'. All indicators illustrating market breadth is exhausted and due for a pullback. With earnings and volatility arising in the majority of S&P names, we will be mindful of both directions the market can take. For healthy...
in daily chart: Triple top overbought in RSI indicator touching weekly trend line Low2 is lower than low1 Resistance level at 1.011 - 1.013 > Sell Entry : 1.0130 -Stop : 1.0150 (35 pips) -TP1- : 1.0005 (125 pips) -TP2- : 0.9805 (325 pips) in 1H chart: Bearish pin bar candle Overbought in RSI indicator Regular divergence Weekly chart:
Bitcoin's Network Value to Transactions Ratio is on a critical point here! If you are interested in learning more I highly recommend to check out Willy Woo's blog where he goes in full detail on this particular method.
Divergence is one of the best technical analysis theories. Although not 100%, a very high probability of profitability is well known. This idea lists most of the instances of divergence on BTCUSD (Coinbase) since $19892 summit of December 2017 on 2H interval. Indicators used: RSI MACD 9 Seasons Rainbow Multiple Time Frames Pattern PRO Base Time Frame: 2H,...
Divergence is one of the best technical analysis theories. Although not 100%, a very high probability of profitability is well known. This idea lists most of the instances of divergence on BTCUSD (Coinbase) since $19892 summit of December 2017 on 2H interval. Indicators used: RSI MACD 9 Seasons Rainbow Multiple Time Frames Pattern PRO Base Time Frame: 2H, most...
in daily chart : Head and shoulder pattern Top of the bearish parallel channel Pullback to broken bullish trend line (red line) Touching the bearish trend line (Blue line) > Sell Entry : 1.0058 -Stop : 1.0088 (30 pips) -TP1- : 1.0018 (40 pips) -TP2- : 0.9928 (130 pips) -TP3- : 0.9800 (258 pips) in 4H chart : Resistance level Overbought in RSI...
in 4H chart : Hidden Divergence & Overbought in RSI indicator 4H resistance > Sell Entry : 126.65 (Now) -Stop : 126.95 (30 pips) -TP1- : 125.82 (83 pips) -TP2- : 125.02 (163 pips)
I see this cross really overbought , it may sell but once again I am not selling unless it breaks through my neutral zone with strength and I may go long if it breaks the 50% downwards and then upwards again
in 4H chart : Top of the parallel channel Overbought in RSI indicator 4H resistance level > Sell Entry : 112.10 -Stop : 112.35 (25 pips) -TP1- : 111.82 (28 pips) -TP2- : 111.25 (85 pips) * This Order is valid until Monday of the next week In daily chart : Daily resistance level
Disney had a preview for Disney+ while I am personally impressed with what they will be doing there stock SURGED way overvalued for a service that isn't coming out till November. Get ready for a pullback! If you want to go long wait for the pullback then go long!
Japanese Top Author AKUBI_FACTORY Predicted the Dump of ETHUSD 12 hours in advance, by using "9 Seasons Rainbow Multiple Time Frames Pattern" Indicator and traditional indicators: RSI and MACD. Time Frame: 4H Percentage of Drop: 12% so far The signals: Overbought / Resistance (Yellow) in "9 Seasons Rainbow Multiple Time Frames Pattern" RSI: Divergence MACD:...