Back to DNT/BTC after its peak 1050. Now I see the chance to pumps up slightly with the golden crossed. Why "slightly" cause I see RSI isn't having much room for growing. The support line of the symmetrical triangle works well, aslo for the RSI. Stragtegy: - buy area is from 900-980 - stoploss 850 Target: - target 1: 1070 - target 2: 1401 Happy trading! Linh,
# Weekly Positional Cash Buy near 1120-1125, SL 1049 Targets 1175-1200-1225 # SwingRev
Congrats to the bulls grinding out a nice Bull divergence on the weekly chart which is now allowing me look for some reasonable entries long term. Daily charts are still overheated and bearish. A retracement to make a new daily low of 7500 would not be outlandish and could be healthy moving forward. Breaking the 7500 mark would be display market weakness and...
In my humble opinion there was a sort of overreaction triggered by short selling yesterday upon IBM's earnings call. Numbers were not great and guidance was lowered. Nevertheless, the blue chip has created a stronger position to capture growth in the IT business related to cloud computing, cybersecurity, and artificial intelligence technologies (15% yoy...
Ascending triangle forming on the 30 min BTC/SALT chart, waiting for breakout. Easily 20% potential short term (MAX one week).
I have been watching the PIVX/BTC for few weeks. This is the fourth time in 2 weeks it is trying to break the upper line of the symmetrical triangle, and also poke the H&S neck's line. The 1D golden crossed happened already so we are able to believe that the breakout is in coming. RSI gonna break resistance also. Trading strategy: - on 4H chart, RSI is near...
Hello traders. It looks like the 4th wave is completed. That's why I'm expecting one more daily down impulse as wave 5. In the meantime, the up move can be a starting of bigger up impulse. In this case we will have correction. So, in any case, there is some potential for downside. I was waiting for the breakout to take a short trade. As you can see it broke. Now,...
16/4 KMD -1.64% having really good signs right now: - golden crossed D1 chart - downtrends broke and retest - H&S pattern target reached + RSI down so now it supposes to be retracement a bit The order should be around 4045 - 4276 or buy right now if you're really bullish (because sometimes 30-50s above buy target is okay for solid trends). As usual: -...
Hello traders. Like all other GBP pairs, GBPAUD is making a weekly corrective structure. After correction, it will make its weekly down impulse. But I think there is a chance for one more up. As you can see inside of C wave we have 123 sofar, and I'm looking for short trade setups because my expectation is one more drop to the trend line. But 4th and 5th waves...
16/4 XML 0.27% started to move up, just broke the hard resistance of H&S pattern. The chart also had double-bottom pattern here, so the target is more relevant to the H&S . I'm so hyped for the golden cross upcoming. Trading strategy: - buy area is arround 3333 - 3480 As usual: - stoploss below 3250 (a bit close to last resistance) - target 1: 4440 -...
CADCHF began it's recent motive/impulse wave at about the 5th of March, 2018. I think it's a motive wave and not a correction because of the nature of it's movement. Wave 1 and 2 are done. And in my opinion, wave 3 just terminated at the 0.618 retracement of the last bearish move. I expect price to drop to the 0.382 retracement of the rally at least at 0.75102....
Hello traders. There is a good trade setup here and I have put an entry order. I'm expecting a down move and whit this drop B wave will be completed. The target is breaking down blue A wave.
So, yesterday my less probable thesis materialized - (''I also have my stop in place for my short trade in case we turn around sooner than expected which is also a possibility. I suspect many people are expecting similar thing so this alone might turn around the price sooner....'') and the main thesis (short squeeze below 6k- white arrows) is for now on the...
www.tradingview.com gbpusd has reached ceiling of daily channel. it can start a descending rally. short position is recommended at current prices: entry:1.423 TP: 1.41----1.40 SL:1.425 risk: medium best regards
Hello traders. BTCUSD is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X wave. I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at the related idea for detailed analysis.
Hello traders. It's going up very fast. I have put an entry order and my trade is active now. I think waiting for a flag before taking any trade will be a better idea. I wasn't expecting such a sharp move, but I'm in. The target is 0.50 retracement of down impulse, so it will complete the regular flat corrective pattern before next down impulse. Trade with care.
Hello traders. I like to share with you my gold analysis. Even if both directions are possible, we have a long trade setup. Let me explain. Yellow wave count is one option. Based on it, down move was the X wave and it will go up for Z. Minimum target is breaking the of Y. The structure between yellow lines looks like a flag for more upside. So, wait for the...