Bitcoin: BTCUSD Update into the Weekend:Scenarios The battle continues and finally the bears have made an impression on the upper parallel, pushing price down to 7800, where pin bars from earlier show some demand (not shown on chart, but significant to the very near term now). There is no winner yet, though. It can move sideways from here, meeting demand off the...
An abstraction of a FOMO traders mind........
EURUSD There was a beautiful big head and shoulders top forming here until the Dollar (DXY) fell out of its lower parallel, (see DXY comment from yesterday to help time entry/exit in EUR), meaning that the 2 month long corrective pattern it's been hammering out had come to an abrupt end. DXY has quite a lot further to fall and right now is just making a little...
GOLD : XAUUSD Update Continues to grind higher on a weakening dollar. It's a nice trade if you get the push and pull here...loads of bears who haven't looked at the dollar (muppets), they are the guys going to keep buying us dinner. The dollar is just completing a another failed counter-rally and this has pulled gold back into the buy zone again around the...
Bitcoin: BTCUSD Update Hitting the first downside target and should get a bounce, if so can go back to hit the central parallel and recoil, giving another great shorting opportunity if seen with stop 50 points above the parallel as it hits it. Returning to downside, need to cover potential for Chinese losing all faith and causing the ultimate flush out...it's...
BITCOIN: BTCUSD On the Brink Right Now Testing the first support 6425 range. Day-traders will be closing out again here, looking to see if selling power wanes ...don't think so but it could create a little counter rally from 6425-6400 , with 6400 being the exact point where the medium term trend line stands right now - and if it does, it should get stopped by...
BITCOIN: BTCUSD The Parabola Price was 7181 nearly 5 hours ago and it's 7169 now, just managing to hold above the nearest support line at 7150 Bitcoin certainly has turned dead (remember the end of Carrie?) - but we know it's just pretending. Amazingly the low today put it within 24 points of the parabola, which is rising at a hell of a lick and is at 7080...
BITCOIN:BTCUSD Gone Parabolic Bitcoin throws some beautiful moves on the chart and will go down in the history books and Charting Books of the future as a text-book example of what a scrap of (electonic) paper can do if the story behind it is written well enough. Right now this is the best of the best, making Facebook and Google and Tesla look lame. How long...
EURUSD Friday Update Although now flat on all pairs escept USDJPY, still believe EUR is going to weaken, just not convinced there's enough impetus right now to force it back lower into new lows with any real power behind it. It's either going to fail here, as it's back testing the neckline of the head and shoulders looming above it - high in London at 1.1671, so...
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...
USDJPY 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...
" 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!
Hi 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...
Gold is going up from here. Double breakout is coming Oct 11-13.
Hi, 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...
A ton of room to grow, seems that it's at converging state which will lead to an influx in the next few days.