If the price respects the monthly resistance it could go down up to the next dynamic trend... FX:EURUSD
I see bitcoin dropping to around 2k and possibly lower, saw a good setup so I thought I would share with you guys. This is in a bull trap right now and needs to test support it also has a very good risk to reward for shorting. If you own bitcoin it might be smart to take some profits and cash into something else (altcoins - fiat ) . another good buy opportunity...
BitCoin: BTCUSD Now back testing the trend line. Has to rally from here to to stay bullish. Break below invites the bears back out
Nasdaq 100 Index: Now probing the main conrolling parallel that's been guiding this rally ever since Election day and likely to find it hard-going to penetrate. Caution required here with the possibility of shorts on any failure of nearest support at 5759.
I keep seeing this pattern time to time and I think is time to keep track of it. It is a triangle in reverse going from small to big. It normal has 3 points at the top. Lets see what happens :)
Testing levels. Waiting for enter. Forecast for the coming weeks.
The price has touched the resistance and bounced on this first candle. Wait for a possible new attempt to achieve resistance. Be aware recoil
"Profitable Forex ideas for Everyone !" Check this channel: www.tradingview.com
I Haven't traded this pair but need to practise my Tekkers so thought id give this pair a go, from top down Monthly, Weekly, Daily levels and see what I could see and practise my strategy First thing that stood out was we have tested the Monthly level at 88.882 which seems to have been a strong area of resistance in the past. I then see we have a 2618, it went...
Testing the Trendline and the 50.00% Fib and as you can see it's forming HL on the 4h chart. Watching how market behaves the next hours and if it doesn't break => Long position
Lets See if US Presidential Elections Confirmation+XMassss+End Of Year will Surprise US As per Long-Term prediction still holding LONGS Now for mid-term will test out few SHORT Positions. Merry XMASS and Happy New Year :)
After completion of bat-pattern ,predicting Fibonacci .38 level test price
all by myself on trollbox, had to test publish idea chart
Potential sell / Buy opportunity. See whats best.....Each trade (buy/ Sell) working pretty well with the strategy. Good luck
NASDAQ:GOOG Safe Trades;