In my opinion EURCAD is going down in a short term for the 2010 high @ 1.50850 after making a double top.
Just a short term concept for XRP. Update from linked idea with target of Dec 11th.
Probably it has repeated the same pattern from the dates on the chart, it has reached its final target X 10 .. from 1300 to 13000, from August to December.
Previously we saw Trend Continuation Hint in form of Hidden Bullish Divergence. N Wave is completed and By this week completion if Top is not breached then it will be a Bull Fractal formation. We might see Some Drop from here on since already N Wave is completed. Next Rally will be resumed once Stock breaches This Bull Fractal that stock forms. Conservative...
Hey traders! This time I present you my NZDJPY analysis. As you can see, NZDJPY is currently inside of a bearish tendency, accompanied by a volume decreasement, so we can wait that NZDJPY will keep going down for a while. Sell: You can wait for price to touch red line again, or sell now. My TakeProfit: 76.415 If you find this analysis helpful, don´t forget to...
Stratis is looking very good at the moment. There is a nice potential U pattern forming. Should STRAT break the current resistance (thin red line) then the trend reversal is pretty much confirmed. A buy order can be set at the designated area. A stop loss should be set at the designated area as the trend reversal is everything but confirmed for now. If it breaks...
Quick price movement analysis on lower time frame (1hour) chart for a intraday position.
Got stopped out for break even on the last trade on this. I can still see downside potential, so going to be looking to get in at the 0.782 retrace. Targets still at the 150.00 level.
For a short term move, price has reached the 1.00 fibonacci level, which is also the top of a ascending wedge line, as well as a previous weak support line. Look for price to bounce off of this level to confirm a short term sell. If price continues to follow the ascending wedge, this will signal a strong long term sell.
Testing my trendline but stayed above support. Moving my supports up as we go along. Will sell 25% at blue and 25% at red, holding the rest long.
Looking to bounce off blue, if not next support is red- if it breaks red I'm selling.
This weekly EURUSD review concentrates on the shorter time frame trading based on the price movement. We can clearly identify consolidation area, where price forms an order block before bullish rally occurs with a large liquidity void. Once the Smart Money reveals their sell positions and injects a strong bearish move to the previous order block. This trading...
A bullish flag on FX_IDC:USDJPY is in the making and I expect it to break through within a couple of hours
BITFINEX:BCHUSD Looking forward the outcome? keep watching...
Info in chart. A short term long can be considered when MACD confirms the start of the last leg. Where exactly point 4 will turn out to be is dictated by Bitcoin, and if Bitcoin is incredibly bullish it could even invalidate this setup entirely, but I think the probability of that is small. The target is around 0.067-0.07, this area should offer some resistance. I...
Targert 1 - 1.71475 Targert 2 -169.474
The end of a bear trend is recognized when each successive rally fails to penetrate the low point of the previous rally. Each decline terminates at higher point than the previous, displaying a series of successive Higher highs and Higher lows. Expecting bearish moves on USD pairs... ( dxy -0.11% to the downside). Also we have a head and shoulders...