If XRP break the upper line we have a great grow to marked lines
And if it does not break the resistance line, we have a price correction within the specified lines of Fibonacci support
In all supported lines, there is a possibility to return the upward price
USD/JPY - Short
FED Interest Rate decision moved this pair Wednesday 21st ofJune (Bear Market) leaving the interest rate unchanged. The outlook for next months decision is now the topic of discussion after no change this month i.e. Increasingly likely for FED Interest rate cut. The Equity markets showing strength I think to end the week we will see a strong...
The 200 EMA work very well on the FX:EURUSD longterm bearish market.
Buyers failled to breakout at the 1,12950 price, we go back on the shortterm range.
Support zone to watch : 1,11382
If the buyers could break the 1,12950 zone with 200 EMA too it could be a bullish signal.
What are you toughts about that ?
Although $ZYNE is developing some bull strength, it is still in a large bear trend or trading range. The bulls reversed the market up on the monthly chart from a large high 2, and will probably get some form of a second leg up. However since the IPO this market has been sideways to down, decreasing the likelihood of a strong bull trend developing. The bulls...
this is my first idea that I publish.
Brief story of me: Studying trading since 3 months ago, no experience, no help, no courses, just me, youtube tutorials and books. I'm looking for recommendations to improve my trading, my analysis and my overall trading experience. Thank you so much to anyone that likes or comments my idea. Feel free to give your...
# Ascending triangle pattern spotted
# Breakout of resistance and retest as support
Buying at market price 14.15580
# Stop loss below support at 14.04748
# Take profit higher up below resistance at 14.50171
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
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In my trading view, it's a bit dangerous if trading at this level. The Index is nearing Old High, but that is still on Lower Channel Line.
I have 2 scenerios:
1. The Old High can be a strong Resistant Level and makes a correction. However, placing a Short is a danger in the short-term uptrend until seeing a clear reversal signal.
2. The Index is on the Lower...
Going short on the 4H USD/JPY chart. Rejected off the resistance line in the last candle closure. Entered around 111.485 looking for a move down to 110.485 where previous resistance and support has been found.
Will update the trade as it develops.
(Trading on demo, still learning)
As you can see, the price is currently seeking to the QML zone. Because it is a FTB or first time back, so we got a high probability that the price will fall down. As a filter, there is a Flag Limit zone near the QML and there is a SRF and the price is at trendline resistence. As an entry, i'll use Stochastic (5,3,2) to the overbought area. REMINDER! there is no...