2018 is the year of legal weed in canada; listed on NYSE a few weeks ago as well so us americans can get some decent exposure too without having to fuss with the TSX or OTC nonsense.
I see a breakout of the ichimoku cloud, a fractal breakout being called by williams trader beta, and also a trend breakout.
Wouldn't surprise me if we dip and test the pennant again ...
Spotify... the newest streaming music service to hit the NYSE via a nontraditional IPO
I have no fundamental analysis on this besides that they have a student subscription program that will 'hook' the next generation and a partnership with Hulu to incentivize membership gains.
Looks like we have made a clean break of a wedge here; can we test the 1.618 ...
Rate of Change indicator or simply put it the ROC indicator is another momentum indicator and as the name suggests it measures the rate of a crypto’s change in price and predicts future price movements.
Our RSI is applied over the ROC. So the RSI line is derived from ROC not the price.
Step 1 - Step #1: Wait until the RSI has a value of less than 30
At this stage, ...
Looking at a long term chart, take out a long on BTC risked off of major lower low and break out of the major wedge. We have two main lower lows to risk off of: https://www.tradingview.com/x/0zl3fqfl/ With tight weekly bbands, we are about to see a major drop or push up.
Gilead Sciences has recently double-bottomed and rallied sluggishly for the past month. This week however, there is back-to-back good news for the former Wall Street darling. With the decline of their hepatitis C franchise, GILD has been expanding into oncology and bolstering their HIV pipelines to makeup for lagging sales in their once stellar hepatitis ...
Risk Reward ratio of 7.26 and I calculated that the change of winning is 38 % and losing (Stop loss) is 62 %, So if you do this trade a million times you will make a profit of 214% each time
Hi everyone, quick analysis on Kyber Network :)
Trading within a longer term wedge pattern (in blue) and seeing a gradual decline over the past week (as with all other altcoins).
This tells me that the altcoins are generally in the oversold zone and edging at their lower threshold. Some key levels to watch for are 0.00017 and 0.00013 as points of key ...
Step #1: Set the ZigZag indicator settings at 20 for the Depth and 5% Deviation
Firstly, we want to make sure the ZigZag tool will only show the more significant swing high and swing low points in the market. For this, we have to use at least 20 periods for the Depth and 5% deviation to accurately display the market swings.
Step #2: Plot the Fibonacci Extension ...
Step One: Find the currency pair that is showing a high the last 50 candlesticks. (OR low depending on the trade)
The 80-20 Trading strategy can be used for any period.
The reason for that is that there are reversals of trends in every period. So this can be a swing trade, day trade, or a scalping trade. As long as it follows the rules, it is a valid trade.
Step ...
Now, there are several bearish patterns that have emerged in the DAX chart. The 5-wave count and the H&S pattern with a descending triangle are all very bearish signs showing the correction is not over yet, and there is still plenty of room to fall for the DAX.
Look to enter a trade after the break of the descending triangle pattern, which is also sitting at the ...
Near a cypher pattern so i did the modified fork X-C-D like always
I saw an arc I liked that also seemed to cup the price well while also intersecting the midline in pink of the fork... My target.
The 618 lvl is the SL
RR of ~1.618 and of ~3... not bad :)
manage your risk accordingly
GL HF
Snoop
CVS has formed a descending triangle and daily appears to be closing above the upper triangle (break out). We have a monthly bull div on the RSI. A forming daily wedge will provide good stop for our trade. R:R lies in longing at break out confirmation.
Traders,
Just entered this EURCHF short because of the recent LLLC.
Its a deep Gartley which gives us an very nice RR.
Lets see how this trade will end up.
Best regards,
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Just want to update my previous idea of bitcoin.
Ya we just hit our target in upper line of falling channel.
The strategy still the same.
If we break and hold until the daily close candle shows up, then add more money to btc.
If we fail, take profit, and wait another dip.
I put my R:R set up too :D
Note: i dont trade in hourly time frame, i use hourly just to ...
Given the wave pattern of CVD since the 2016 low at 6.25, the price may be close to a significant bottom. Looking back on the seasonality of the stock's performance over the last several years, the stock has tended to perform poorly during the first half of the year and out perform in the later half. Given the relatively low risk taken with stops below 6.25 and ...
Jumping straight into it, we see OMG trading within this very gradual upward channel (in blue).
I'd consider this a relatively favourable long position with a Risk-Reward Ratio standing at 4.5
OMG seems to building a nice level of support on the 200 Day Moving Average (in red), while RSI showing oversold, and imminent MACD cross :)
However, if OMG were to ...
