we see a good uptrend in the bigger timeframe. Yes we just had a huge consolidation, but I think it is over.
Plus we can see how price bounced off that strong support area around 295/302 $
As you all know, tesla is handing over the first few of the new models soon. This will push price higher I suppose...
Target 1 is around 337 $
Target 2 is around 358 $
Stop...
NZDUSD seems to be forming a very ideal Wyckoff distribution sell-structure here. It bounced off of the daily trend line at the top, and so far is respecting the more minor 4hr trendline here. Very promising risk/reward trade.
• LTCUSDT primary targets $53 , secondary target $59 , likely to go to $59. Triangle breaking out should yield around $59 level; afterwards ABC correction.
As we see, AKS is in an uptrend.
Last correction should be over now or anytime soon.
We can see nice swings in the past and I am riding the next swing to the future. Target is anywhere above last high.
al always, do your own homework, don't trust me, am not the pope of trading =)
• Was making a chart for a friend and saw this profit opportunity on Bitfinex:LTCUSD; Long position until 42 ; and Short position from 42 to 38 .
• Long Position
• Buy: $40
• Sell: $42.4
• Stop/Loss: $38.5/$40
• Short Position
• Buy: $42.4
• Sell: $38
• Stop/Loss: $43.5/$42.5
D1 and H4 are both showing the overall trend is still up with price holding up above MA200 and major D1 support area 1.11044-1.11400.
Currently, price is trapped below the current down trend line.
Trade Plan 1:
If price continues pull back into D1 support area (even better if it forms false break out to the upside), rejected up, and close back above it, long...
Legend for price level, trend line, and rectangle:
Dark Gray > Weekly Level
Blue > Daily Level
Red > H4 / H1 Level
Green > M15 / M5 Level
Yellow > M1 Level
D1 and H4 are both showing the overall trend is still down with price holding far below MA200.
However, in D1, price seems hold and currently rejected up with Bullish Engulfing pattern from major D1 support...
This is a trade that I actually set up on the morning of the gap up (6/17/17). It was triggered later that day and has now formed a flag pattern with a really nice indecision candle today. If we break today's high, should hit my 2R target before running in to the 10 EMA on the daily without a problem. Sitting at a massively strong support level. My original stop...
The asset will have hit the 100 MA so in the short-term will most likely fall, or it could actually break 100 MA, which will make it a definite buy, but till then it will mostly fall then reach support and then rise to hit trendline- swing trade.
• ETHUSDT has been climbing rapidly these past couple of weeks and it seems now it is following in BTCUSDT 's footsteps as they both decline together (Along with numerous other cryptocurrencies ). After reaching the emotional price level of $400 per ETHUSDT and the all time high , the bounce was imminent for ETHUSDT. As it fell for the first portion it fell...
• Today has been a good milestone for POTBTC; as it shattered through Med-term resistance/Previous short-term support line (.00004610btc) , the Previous short-term resistance/Short-term support line (.00005040btc) , and after establishing resistance at the Short-term resistance line (.00006234btc) , it once again broke through the line and is continuing...
• Looks like the long anticipated correction for BTCUSDT is nearing as in the past couple of days it broke the ATH at the Short-term resistance line ($2960USDT) and quickly free-fell afterwards, after trying to establish a new Short-term support and a Short-term resistance line ($2528-$2700USDT) , in the end it ended up bouncing from the support,...
i like the look of lgf.b here volume come in tagging the 20ma after low volume pullback could be long again this week, buy stop in with a look to trail this one in
lulu bullish view for the week ahead, could recover some after a better second quarter with a some what calm after the storm approach low volume on the pullback and the range has contracted nicely after expansion for another possible move up, although i advise caution as price has closed just below its 50ma on the hourly so i would like to see price back above its...
D1 and H4 are both shows the overall trend is still down.
Currently in H4, price is bouncing up from the bottom.
If price bounce back to previous H4 support area turns to resistance 0.97037-0.97200 and rejected down, short the market.
With Stop Loss 35 pips and Target Profit 84 pips, the potential trade offers 2.40 Risk-To-Reward Ratio.
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