Hey everyone. Today I analysed eurusd chart and I saw potential formation of double bottom, also we can see RSI divergence that proves it us
My plan is
BUY LIMIT - 1.11054
TAKE PROFIT - 1.11460
STOP LOSS - 10.875
Hello everyone. I was analysing this chart and I saw a really big opportunity to make some money. It was the big movement down and now it is correction and we can see that it is going to be the last (fifth) wave of the correction also we can see that RSI oversold
And my plan is
TAKE PROFIT - 129.675
BUY STOP - 128.819
STOP LOSS - 128.334
Hi everyone. It is really clear to see flag formation in this chart. Our plan is to wait for the break of the resistance or the support of the flag and than we can set up also we can see RSI divergence!
Our plan is
If it will brake support :
TAKE PROFIT - 1.32631
STOP LOSS - 1.33 177
if it will brake resistance :
TAKE PROFIT - 1.33599
STOP LOSS - 1.32859
Bearish gartley and bullish bat on AUDUSD 240. Entry on gartley at 1.272 fibonacci extension from AB and on bat at 88.6 fibonacci retracement from XA. These patterns will be traded with 2 targets, both patterns use target 1 AD 38.2 fibonacci retracement and target 2 61.8 fibonacci retracement.
Hi everyone, I just made an analysis of this and I saw good waves which shows me the potential movement. As you can see we are in consolidation now and it is a triangle. I wrote all instruction. You can read it
SELL LIMIT - 129.014
TAKE PROFIT - 128.636
STOP LOSS - 129.178
The decline from the Feb.’18 high of 1.2555 is identified as a counter-trend pattern (a)-(b)-(c) that ended primary wave 1(circle) from the early Jan.’17 rally. Since then, prices dropped rapidly to the late Aug.’18 low of 1.1301 whilst unfolding into a five-wave expanding-impulse pattern (a). Evidence of a five-wave impulse is usually enough to confirm...
Hello and welcome to my Trade Idea of the currency pair BTC/USD.
Lets start with the Top Down Analysis.
Monthly: The price is very bullish and the RES had got touched so be warned, a reversal can occur.
Weekly: On weekly we see a perfect bounce from the weekly support. Strong indicator that the trend is bullish.
Daily: On the daily timeframe we see a...
AUDCAD potential cypher pattern . We have to put the buy limit order and wait when the marker reach the demand zone .
BUY LIMIT - 0.89541
FIRST TAKE PROFIT - O.89896
SECOND TAKE PROFIT - 0.90158
STOP LOSS - 0.89256
Update on BTC's recent developments,
Points to consider,
- Sharp advanced decline into pattern, - Key characteristic of a bear flag
- Price is in a narrow range
- Major support broken, support was in confluence with the .618 Fibonacci level
- RSI recovering to neutral zone
- Stoch's on downwards momentum
- EMA's providing price resistance...
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The National Bank of Ukraine lowered its benchmark interest rate by 50 bps to 17 percent on July 18th of 2019, surprising markets who expected a 25bps reduction. It was the second rate cut this year, bringing borrowing costs to its lowest since June of 2018 and in line with reaching inflation target of 5%. Now price is 25.40 against USD. pattern wedge, which...
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P/E Ratio (with extraordinary items)
What would I do when the price comes close on these two clear levels?
I will be on the side where the statistic gives favorable results.
If you are curious soon you will receive information that you can use to learn how to trade in the financial markets.
Trading is not particularly difficult or unusual.
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Price is moving in a flag pattern that can serve as a correction pattern. A retest and push from the lower trend line that acts as support along with price action could advocate for a long position to the resistance/ upper trend line of the flag. Will wait for a break and close above that resistance area for further long positions.