Support & Resistance

The price bounces from the uptrend line. RSI confirms price reversal. We can try to catch possible upward movement. Pending orders for buy must be placed above 4325.00 level. Stop orders must be below the uptrend line and the local swing low. It's 4134.00 level. Profit target should be at 4500.00 level.

Let's look at the 4H chart of Ethereum and try to spot possible price movements and entry levels. We can see that the market is at the important zone formed by the uptrend line and 300.00 support level. If the price bounces from this zone and breaks the downtrend line from the 1H time frame, we'll get a signal of further upward movement. The market will rise to ...

If we look at the 4H chart of NEO, we can see a trend reversal chart pattern. Head & Shoulders pattern on the top gives a signal that the market is going to move downward. For confirmation this price movement, we'll need a price breakout below the signal line of H&S pattern. If so, the market will be able to drop to 15.50 level. For reaching this target based on ...

ETHUSD Update: Higher low unfolds in the low 290s which establishes a subdegree Wave 2 bottom. All this market needs is a catalyst because in terms of price structure, this it is poised to push the 315 resistance. So much for the head and shoulders everyone was afraid of. If that bearish reversal pattern was in play, we would be breaking supports, not forming ...

Just shorted GBPNZD for a quick trade. Long at: 1.7676... T1: 1.7600 .... SL: 1.7715 .. Risk for Trade 1.5% For more details and all Stats https://goo.gl/rtfmna Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Remember -Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%. -A ...

The price bounces from Tenkan line of Ichimoku indicator. DMI confirms strong downward movement. It’s a sell opportunity. Pending orders should be placed below the local swing low - it’s 1.75850 level. Stop orders must be placed above the local swing high - it’s 1.77030 level. Profit target is at 1.74330 support level.

NZDUSD triple top on major resistance

There's a reasonable chance that PAY will breakout and if that happens, we could expect very high returns. I'm putting my stop at about 70k sats.

Last night we saw Gold close around 1287. After so many times the Sellers try to give Gold pressure, the price still holding above the @1284.50. This could be a sign that the Sellers momentum is already losing it's power. Last night, a terror attack in Barcelona, Spain. Was also a trigger for Gold to trade in the high level. Right now, I still see Gold on track ...

this pair inside important zone. I will wait to a false breakout to sell/buy ( marked circles ) those 2 scenarios will produce low risk and high reward positions. So keep watching... :-) https://www.tradingview.com/x/zHsMtzmM/

This week on the pound-yen we have a bullish bat . The USDJPY and GBPJPY have entered into a consolidating phase, both sitting at a level of support, with the GBPJPY itself is currently sitting at what can be argued as a pivot level to a previous 5-O formation. This is a key area worth watching! Stepping away from the chart, we have the GBP GDP and JPY CPI ...

Aussie not seeming to let go of the bigger picture down trend. I wonder what these central banks want the dollar to do. Jesus Christ. Anyway trade the engulfing. Protect the trade and send the aussie to the moon. Watch intraday support and attack it with force traders. Keep up the work. Matt

TVC:USOIL Price has broken the resistance after a bullish candle. http://www.reuters.com/article/us-global-oil-idUSKCN1AY02Z?il=0

I think XAGUSD is at the top of the channel and will most likely fall. The 1 week graph shows that it's in a descending triangle as well. Will short USLV Monday.

The August rise has been retraced while the support holds.

big risk

Long to a point then it's time to wait to see who is in control This formation tells me that FX traders and Instutional players are in the market. I like this pattern as the fat tail winds it's way up to the top of the curve eventually. However the daily is still Bearish. Enter with caution as you will be met with Bulls at the various levels I have in depicted. ...

I've just been playing with potential future movements of Bitcoin and I like the layout of this one. This isn't a prediction worth planning trades on but more for my entertainment, to save it and see how it compares to the actual future movement (Just like I did with by 'Bump and Run' chart years ago). This one assumes the top is in for this stage of BTC. Either ...