Ripple (XRP) - Above The Stomach Bullish Scalp -Analysis & Educ.This is a simple XRPUSD & XRPBTC scalp based on the "above the stomach" two-candlestick pattern visible on the 4-hour time-frame...
Above The Stomach:
# of periods (candles) = 2
price trend (going into the pattern) = downward
first candle = black
second candle = white candle opening and closing at or above the midpoint of the prior black candle's body
Theoretical performance: Bullish reversal
Tested performance: Bullish reversal 66% of the time
Frequency rank: 32
Overall performance rank: 31
Best percentage meeting price target: 61% (bull market, up breakout)
Best average move in 10 days: -4.86% (bear market, down breakout)
Best 10-day performance rank: 33 (bear market, down breakout)
All ranks are out of 103 candlestick patterns with the top performer ranking 1. "Best" means the highest rated of the four combinations of bull/bear market, up/down breakouts.
Other Confirmations based this chart & indicators:
KnowSureThing - (RoC Based) showing potential for a double cross (That is both a cross of the signal and zero lines)
-The zero-line cross is extra significant as it is the second cross (locally)... as in price has recently cross the zero-line only to fall back below, ready for a second cross..
Net Volume is positive = more buying than selling (a weak bullish confirmation)
Price Target:
Use the blue colored dash trend-lines to approximate your target
The
USDJPY SHORTUSDJPY after the quick movements from bottom edge of range to top edge, backed to bottom edge and again moved upward to top, finally went upper but it stopped at last local high appointed in 6 october 2017. Price has backed from this level to the range. We are expecting that price could back to the bottom of range so we have opened short inside the range. Target is near the bottom of range. Stop is a few pips over last high. If price will go upward and will go higher than last peak, we will consider long with target near resistance zone at 114.30.
" A son of the sun " Bitcoin chart illustration" A son of the sun " Bitcoin chart illustration
I make this "Art chart" for everyone who is in a relationship and interesting BITCOIN!
My full respect the most powerful crypto in the world.
I just want to see BTC up & up in next years. More strong...
Thank you for comments guys (y)
Welcome everyone!
The big short? EURUSDHi guys,
a little update to the trade idea I published earlier last week. Today we had a major bearish day for the EUR/USD, does that mean we can short now?
A unexprienced tradre might think so, after all we got strong bearish momentum in the market today. However as a good trader we wan't to establish a portfolio for our trade idea. So lets look at other factors:
The DXY
Looking at the 4h chart, we can see that price has recently found a bottom after a strong sell off. As you guys might know, the DXY is inversely correlated to the EURUSD. If the DXY moves up, the EURUSD goes down, and the other way around aswell. Aswell as finding a bottom, the DXY formed a inverse head & shoulders pattern, a bullish price action formation. Combine this with bullish MACD divergence we got a indicator that price might correct itself in the future. Right at the time as im writing this, price seems to break out of intraday resistance, which would indicate a shift in momentum. But lets look further to widen our picture.
The USDOLLAR Index
Looking at the 4h chart aswell, we can see that price just broke trough resistance, and is now testing the last line of defence, a descending trendline. Though the break out of the range indicates bullish momentum, we need to see how the USDOLLAR index will react to this resistance, to determine wether we have a fake out, or a real momentum shift.
Combining these charts with the information we already have on the EURUSD, the monthly hightest at resistance and the overextended bullish run, we could see the EURUSD head lower. However to really commit to a trade I'd need to see confirmation of a shortterm trendchange.
This would be the break of the neckline on the EURUSD 4h chart, and a retest, aswell as a brekaout on the USDOLLAR and a retest. Nevertheless the confluence on this potential trade is massive, and it is a trade one wouldn't want to miss if it goes. My plan for the future hours/days is to await the break and retest, and then position myself short.
I will keep you updated!
Just leaving this hereHi, Haven't posten in a while. Been looking at some other coins :)
This one i really like, It's slow but when it spikes, its for 15% - 30%. I will trade the spikes until the master push comes "red line" at 350%.
Currently got 4 trades for about 40% each.
Share your toughts ;)
** Look at 15min timeframes for the smaller spikes, They are super fast so don't be greedy. Aim for +10%, then move your tight stopp as it goes up.
Tomorrow 15th. #nxc #BTV #beyondthevoid #nexium #bitcoin #cryptoTomorrow 15th. it will be the first beyond the Void tournment.
Normally, when they are in an event, they share good news and jumps.
Good luck
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-Disclaimer , my first chart ,made from what I have learnt reading on tradingview.
But really , lets be honest.. Sell your house kids and car, buy Eth cause this is the future.
-If you have comments or constructive criticism please let me know.
Always interested in learning more.
-There is a few things in the world of currencies I am looking forward to.
Ethereum in the next two months is one of them.
Ethereum in the future, even more.
"This will be fun to look back on in the future!"
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V-ENS launch
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"Dont mind me, I`m not selling I´m just along for the ride"
DXY before open - be careful hereDXY Dolar index
Low at 97.28 just 2 pips under the trigger - looks very bearish but concerned about getting sucked in before the open....need to be careful here as a chance of quick rally towards the upper parallel before coming off again. Whilst trapped under that parallel the Dollar will remain under pressure and will turn full-on bearish on a break below 97.30-97.28 after the open. Apologies. This should have been made clearer first time, not now. But for newer traders be wary of pre-market moves - we need to see volume for confirmation!
Bitcoin: Back to the highsBitcoin: Another test of the highs underway. This comment is already a little out of date - written and thought it was uploaded yesterday but some glitch and was out so never picked up on it until now. Doh. Anyway, the call has been good so far, so see no reason to pull it even if a little late now - it should hopefully complete the final part of the rally today. Suggest closing out longs at the top though and brave bears can short again from there but with a stop just 10 points above the highs.
S and P Vs Cac and Dax Top Arbitrage for SummerS and P 500 Vs Dax and Cac. Both Europeans have made major breakouts today and have over 400 points upside in them over the Summer with great charts. They're going to continue to outperform the S and P now with the French election is a foregone conclusion. Don't stand on the sidelines. Follow it before it's too late!






















