BTC - Still profiting (for how long?)* Remember to support with LIKE and FOLLOW me for more analysis *
Our last trade gave us a profit of 10% in 6 days. That happens when the market makes its big moves, and the big secret here is to know when, and in what direction it’ll move. If you missed my last analysis check it here and FOLLOW me for daily updates. Last analysis:
BTC is in a resistance zone, the best place for a pullback or to the price take a “rest” and move sideways for a while. Now, let’s look at the hourly chart for more clues about what’s next:
See that pink line? It served as a support a support a few times, and if the price breakout that line, the pullback will be more intense.
We are in a resistance zone, and it’s time to take our profits now, but I like the idea to maintain at least half of my position, and only sell it if the price loses that pink line. So, if you are still in BTC right now, be aware of that point.
If you are out, just be patient and wait for a better sign.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
Profits
NDAQ - BULLSEYE!* Remember to support with LIKE and FOLLOW me for more analysis *
NDAQ is performing very well, rising more than 5% since my last analysis. If you missed my call, you can check it here (and follow me to keep in touch, I do daily analysis):
The daily chart shows us a harami/hammer pattern, just above the 21 ema, indicated to us that the bulls arrived at the party:
The target for the daily chart is the green line, the optimal for a Head and Shoulders pattern.
Now let’s see how strong the bulls can be. If you look at the hourly chart, the price met the target of the double bottom (Eve & Eve double bottom), demonstrated by the blue lines. So, it’s a nice place for a pullback, but if the bulls are strong enough, that may not happen at all. Nevertheless, I’m taking some profits now.
Congratulations for those who did the trade, and if you are out, no worries, certainly more opportunities will come. Remember to FOLLOW me and LIKE this idea if it helped you.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BTC - Taking profits: Good money comes easy.Ok, so BTCUSD did what was expected, and is giving to us a nice 10% profit in 6 days. If you missed my last call on BTC, you can check it here:
The buy sign was given by that harami, officially triggered at April 22, close to 21 ema and the upward trendline (purple). The stop was set at a few cents under the harami’s low.
The risk of this operation was about 2,5%, and no it is profiting 10%, a 4:1 risk/gain relationship. Not bad.
Now, what should we do? We can consider BTC is in a resistance zone (green rectangle), so if you are uncomfortable, just take your profits and go enjoy life. Or you could just sell half of you position and keep the other half, just in case. Personally, I like to look at the hourly chart for more clues:
Now, it is simple. If it drops bellow the pink line, then just sell and wait for another signal. We could even short, but be careful, because it is a bull trend.
If you missed this trade and want to buy, just wait for a pullback. Look at the daily chart, if it goes to the blue line, near the 21 ema or the purple trendline, you can keep your eyes open. At the first bullish signal, buy it.
Congratulations for those who did catch this trade.
If you didn’t, just be patient, more opportunities will come for sure. Follow me for more analysis and keep in touch.
LOW /MID / HIGH VOLUME TRADE, QUIZ !!!! #HIT_THE_RATELet's Play a game,
before the market hit one of the circles,
lets vote by comments,
which volume the trading at WALL STREET US30 index going to be,
LOW
MID
HIGH
don't be shy to try guessing,
i'll update the post after the market hit the target,
if we hit more than 50 comments,
i'll make a new quiz on what ever you request!!!
let's enjoy it,
regards.
#stayhome
A corrective flag in USDJPYwe're seeing a corrective flag on the USDJPY if the top line is broken we can search some positions in buys with the next objective in 110.83 But don't forget we won't take the trades if we don't have the signal with a strong breaking off.
So wait a little and then go ahead. Good profits for everyone and don't forget to let me know your opinion. ;)
EU easy 800 pip short. Follow the chart & count your profits. New to Tradingview but veteran to Forex markets. Follow the charts and I will help spread the wealth.
This is a common pattern that the MM love to produce on EURUSD. From this area, most long term level traders would be expecting almost a full retrace back to level 1. However, this will most certainly not get there as the recent stop hunt elucidates their true intentions. From here they will look to move price up to the 1.12642 area. I assume price won't reach this locus until some point after Tuesday because this slight move up will become the pin (trap) for the new monthly bar. The logic behind this slight ascension above recent resistance/fibs will be to stop out any weak shorts who are in correct position, while providing MM with new longs who will be trapped on the wrong side of the imminent descension. After they collected orders and displaced retail traders, price will drop like a rock down to the 1.0350 area. When price reaches the 1.0350 area it will drop even further. I will post a prediction for price flow when it reaches that level.
Good luck all. Follow the prediction, stack your chips & don't be long.
GoG
XRP will make contact with Trendline, Lift Off will follow!Dear XRP Traders,
As predicted (4x in a row!) we've reached our target! Generaly speaking I'm feeling VERY Bullish on XRP. In fact, I have never felt this Bullish before and I have been in this market for 3 years.
The chart pattern above has proven me right and we saw a pullback to 0.295.
I do think that we will retrace further until we make contact with the daily trendline. If we can see a nice bounce on it we are most likely about to retest the Upper Resistance Trendline. If we can break it, we should see a massive pump.
The history of MACD shows that it's height we are seeing right now usually leads either to a >20% Pullback or is followed by a massive pump.
____________________
In 2017 we saw an enormous rally to $3.41 - We didn't even have the knowledge, contracts, needs, utility and on top it was very hard to even find exchanges that offered XRP.
I think it was overall just a testrun to bring awareness, show it's potential and make money obviously. The company Ripple has grown big time over the last years and was able to work out important contracts with Banks all over the world.
Some reasons that speak for Crypto in general:
The USD and EURO are about to collapse, the economy will follow.
The Coronavirus is by far more dangerous than other Viruses and it's spread increases greatly.
Peace Plan, Uniting the World (One World, One Currency, One Religion ) - Sorry a little bit Off Topic -
Banks lose Billions of Dollars
etc. etc.
There are tons of reasons why XRP is the one Crypto that is most likely about to see mass adoption.
The price in that case will go absolutely parabolic. Unfortunately it won't be possible to make any precise price predictions right now, but you get the idea. $10-$100 in the long term would NOT surprise me.
Btw. I should have uploaded this chart earlier. It was already done before we saw the 10% retrace. It just kind off proves me that my "third eye" is telling me not to miss this great opportunity that we most likely won't see again.
I don't want anyone to miss it.
________________
*Be careful with Stop-Losses. The Brokers know exactly where you put them and push the price to trigger you and go up/down from there.
*Accumulate as much XRP as you can < 0.30 and buy the dips. (Be greedy when there is blood in the streets)
*have a plan set and know exactly what to do.
* Don't invest your life savings :)
I am not a financial advisor and you should analyse the chart by yourself.
Good luck!
Quarto3001
#IOTA STRONG - long term view - double bottom on weekly.I always say that - but people often look at too short time frames - and that needs repeating over and over again. What many see on 4H charts has nothing to do with long term 1W setups which to be honest are my favorite. Double bottom here on BTC will make this trade my #BTC harvester... since I simply am not going to sell at first green box target... Good luck everyone - IOTA STRONG.
We area so early - great opportunity...
EURGBP LONG TRADE IDEAS UPDATEHello Traders, EURGBP playing well so far and play as expected. partial profit has been taking 100 pips and the rest partially trade still play around. If you are willing to hold just put your SL to entry-level or taken the rest position about 98 pips at the current floating price. Please feel free to see history for this idea by the link below attached.
Cheers and Enjoy everyone, Ochin_FX
AUDCAD SHORT TRADE IDEAS UPDATEHello Traders, AUDCAD playing well so far and play as expected. Currently, the price movement around 80 pips and currently gains liquidity in order to continue the trend. Therefore kindly take the partial profit as TP1 and let another partial move to reach the ideal target. Please put your SL at entry price as risk-free if you are willing to hold for the long terms in order to reach the TP2. Link attached below.
Cheers and Enjoy everyone, Ochin_FX