Dax Index DAX Topping Formation Short Set-Ups
If you trade Bitcoin you will be familiar with this pattern for sure.
Having broken below the longer term lower parallel the Dax has fallen away to structure lows to left of price, dropped a
little lower to take out the last swing long stops - and then promptly swung back higher again. In doing so it's tracking...
FTSE 100 Index UK100
Since making a seasonal high on 22nd May FTSE has fallen away down a narrow impulse
wave and chanelled down the smaller falling pair of parallels from the new high.
Whist constrained within the channel FTSE remains vulnerable to further selling pressure
back to the first minor support line at 7691. Failure to hold here will trigger a...
BTCUSD: Bitcoin Trade Set-Ups from Here
The pattern Bitcoin is currently making is treacherous and too
unclear to contemplate a trade at this point.
It looks and feels more manipulated right now than ever - as if
price is being left to run a little higher to stop hunt weak
bears before it gets reeled back in again. It should only get as
far as the upper...
BTCUSD: Bitcoin Trade Set-Ups for Today
After breaking below the lower parallel of the continuation pattern which had been created over the weekend Bitcoin
began to fall away - but the fall when it came overnight was grudging and lacked fluidity or downside momentum. It's
therefore hard to trust at the moment and until we get better clarity am forced to close...
My idea behind this chart is, the possibility to profit of an long term trade, by buying on the lowest of it's points.
Since the low of the ITX Chart is yet by approx. 26,7-27,9, it may be the best Idea to buy at These Points and sell at About the end of the year, by beginning of the winter Season. ( When Inditex companies Show their first buyable...
Bitcoin Weekend Trade Set-Ups
It looks like we should get an interesting trade coming up here
Failure to hold on to 8300 will most likely force it back to the
lower parallel of the continuation pattern shown at the
bottom of this decline.
On the downside we need to see a break below the lower
small rising parallel and the support line 8230 to...
Bitcoin Sunday Trade Set-Ups
A fairly active overnight session has seen Bitcoin move up to
highs around midnight gmt, then down for 6 hours to 06:00gmt
and 01:00est and then back up again, forming a fairly
sketchy triangle as it moves through time.
The last move down (green arrow) was corrective in pattern
with 4 small waves down before it hit the lower...
There's similar ones out there to this. I changed the commonly used 100 to 128 since I've found it more in tune with BTCUSD
I also have the colors:
Gray for the 20 MA
Blue for the 50
Lime for the 128
Red for the 200
Stock is SMA, If you prefer to use Exponential you can check the box in the settings
...I more often use the SMA
ETH found short term support on 2 hr cloud, and got rejected by the Kijun (red line). A break of TK could give a small boost and if support holds, continue to 1000 $. Still not very strong though. Another rejection at 2 hr TK, will bring ETH down to test cloud support. If that is lost the momentum downwards could increase. In other words, still a no-trade zone....
1st Sign of seller's failure is during 2018-04-13 (UTC+8) 17:00 which couldn't break its own record from the previous low.
2nd Sign of seller's failure is during 2018-04-17 (UTC+8) 21:00 which price did not went down, created a FAKER!
3rd Sign of strong BUYERS showed up forming a V-Formation.
Note: Counter trend trade is carry out on this ( It is still Sellers...
Amazon AMZN Short Set- Up
We've seen this pattern so many times before in Bitcoin...just
100 times faster.
It's the best practice you can get for life outside crytos, life in
It's broken the parallel and now is trying to sneak back up the
underside. This pattern usually signals that this is going to
break to the downside very soon now. When...
Another triangle another opportunity - a break of the lower
dynamic should mean a fall back to 165 if not 155-150. Stops
above the same dynamic when broken.
Upside it has to break above the upper falling dynamic and
then above 175 .10 line to trigger a long to 184 .
ETHEREUM/DOLLAR: ETHUSD Next Trade Points from Here
Three waves down and a bear flag/pennant sitting above a
potential bull flag at the bottom of the run. The low was off
the longer term dynamic support line too. Eth is trying to turn
here but is depending on Bitcoin to help it break free of the
downtrend from here. As things stand it's a speculative buy on...
Bitcoin Coinbase Chart Breaking Higher Again
It's popped the upper parallel and is now in process of trickling
back down the same parallel - so now we need to see a
higher low set on this decline - maybe at 10333-10300 and if
not off the lower dynamic support line...that is the signal we
need to get long again from here. So far this looks...
Yet another reverse head and shoulders pattern with
a minimum upside target at 2992 once triggered by a break
above the neck-line which is now closeby at 2.222 - with stops
a little way below the neck-line once broken to upside.
Have indicatios and a bias to believe that there are opportunities for the GBPUSD to go long for the Mo/W/D timeframes as trend momentum downwards has been broken, and overall Mo is up. Using the trading methodology from my mentor we can utilize a set and forget type of trade of the order flow method, since upward monthly trend is currently upward.