1. Be aware that the SNB (Swiss National Bank) had set a minimum exchange rate of 1.20 CHF per EUR for some years to keep Switzerlands economy in place, because we rely on exports.
2. This synthetically set level can be seen in the period from 2012-2013 where the price basically did nothing for weeks and was just kept alive at that rate
3. On 15.01.2015 this...
Many would assume price is gearing up for the next leg down, however, I believe price has actually taken liquidity from the buyers of support so It could be ready for its next impulse upwards before continued sells.
What are your thoughts on this chart work? Are you bearish from here or bullish from here?
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After the micro bullish breakout seen on XRP, we believe that the current buying exhaustion combined with lured shorting activity after the first push will cause a two-step stop hunt.
This would be the best scenario to place shorts on XRP considering that its legal issues have not been resolved yet.
We highly encourage you to manage your risk by scaling your...
We are manipulating lower on this pair right now, breaking this ascending trendline, but we have not broken the trend. Seeing these third drives to the lows, I think I will wait for the daily candle close to assess this pair for potential longs
Watching for longs on this pair, ideally I would like to see a stop hunt into the 78 to 88% fibonacci before jumping in this trade, but the long term swing of things is looking really nice for this pair!
This is a situation where I see a possible fake breakout. Price broke out of the long term blue trendline and is forming a head & shoulders . In my opinion the fundamental bias for this pair tilts to the downside. I think if we see price breaking back below the trendline there could be some violent moves down as possible buyer stop losses get...
market move start when every one convinced that they are in right side...
moonboy long on knowledge, short on market...
time to see price is runing and we have to get on back track before it take verey late...
every damn accumulation have to consider distribution for god sake
Good afternoon ladies & gents,
Crazy good day today. Opportunities every all day on all pairs.
Here's a little freebie for you.
USDCHF has stop hunted a significant daily low & previous H4 Low.
After breaking market structure we have our lower timeframe entry confirmations to look for a long.
The Monthly + Weekly indicate a rally in USDCHF.
In light of...
I backtested @FXCM 's ideas 100 times with several strategies.
This research contains:
(1) If it is worthy to buy cheaper than @FXCM 's signal.
(2) If it is worthy to hunt @FXCM 's stop loss.
(3) If @FXCM 's signals take profit too quickly.
(4) If the price approaches @FXCM 's target, will it go back to buy entry?
There are 5 strategies in this test case.
Goood morning ladies and gents,
EURNZD is poised to see higher prices today.
It will rally up to the area marked as the final TP over the next week.
Simple. There was a consolidation (range) condition prior to a break to the top side. This induced retailers to look for longs, anyone who went long would have their maximum stop below the low of the range....
Price is near the weekly low of the previous week. on the daily and weekly price failed to make a new high to the up and retraced back. Expecting that price will make head down to grab some liquidity for going up. For now highly likely price will retrace up to fill some liquidity before going down.
Found Bullish wolfwave pattern on the daily timeframe which doesn't occur frequently so it can be a very good bullish sign for btc. i can see 70-80k number coming in btc in few weeks. the target is the trendline touch btw the 1-4 wave.
please do let me know your views on my analysis.