It looks like a 'three drives' pattern. But I'm no expert on this particular pattern. I make no predictions. I'd welcome perspectives on this from others who know more.
First off I'd like to say congratulations to BTC for finally reaching 5k (again)! The overall trend of bitcoin is in a bullish market but I am noticing some consolidation beginning/will form in the upcoming hours. Once BTC hits the peak of 5299 it will slowly begin to retrace back to 5175 {APRIL 6th Price action}. It will fight with the bulls to turn the overall...
Technical analysis *-Downtrend with lower lows and lower highs *-Downtrend is over after price entered the range making double tops *-Waiting to see any candlestick pattern(Doji, shooting star, engulfing etc.) if the retest happens I'm not gonna jump on this trade until I see a retest of the 0.67750 level. Then I'm shorting this pair until 0.67200 level is met
Hey tradomaniacs, welcome to another free signal! Important: Wait for the retracement down to entry! ----------------------------- Type: Daytrade Sell: 1.00216 Stop-Loss: 1.00255 Target 1: 1.00102 Target 2: 1.00036 Targt 3: 0.99994 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good...
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @0.678 - .... and fall to the 0.673. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.673 FX:NZDUSD...
If the price crosses the trend line, the price will fall to USD 9.5$
Hi traders, this is my view on AUDNZD for the next week. If we see a bounce to the down side at the trendline we can enter this trade. I wish you a good trading week. Your Stefan Forex
Bitcoin medium term outlook (2-4 weeks) is quite bearish for the following reasons - 1 week targets would be 4600-4700 -A break of the trend line of 4700 could see us head to 4100-420 -2-4 week targets would be 3-3.5k -Long term 1-2 months, I expect us to hit the bottom of the channel , which is around 2K area 1.TD Sequential hit 9 on the Weekly. While in strong...
$BTC is forming a bearish rising wedge on the 1 hour chart. Short if the bottom trendline is broken. Stop: 5220 (-1.85%) Entry: 5125 (0.00%) Target 1: 5075 (+0.97%) Target 2: 5030 (+1.85)
USDJPY Looking for bearish conformation off the daily downtrend or price will most likely re-test the weekly downtrend before we enter Always looking for a bearish engulfing candle close on the 4 hr chart to send us short NO PRICE ACTION NO TRADE ENTERED Never Risk More Than 2% Per Trade
Started a short positon with a limit ask at 5155. Looking at 4.3k as a target. Entries and stop placement displayed in the chart
Bitcoin rejects yesterday from $5480 after rejection price dropped to $4966. Price almost breaks the trendline support, Now this trendline works as a resistance. I am expecting the price reach to $5100 level. We can short from this level with the profit target $4700.
Hey tradomaniacs, welcome to another free signal! Important: Wait for the breakout below support and place a sell-limit! ----------------------------- Type: Daytrade Sell-Limit: 1305,36 Stop-Loss: 1308,42 Target 1: 1302,28 Target 2: 1299 Target 3: 1297,22 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =)...