Is this it?If this is the top, then we can take a look at some support levels?
A few trendlines and Fibonacci support levels.
TOP
AUDUSD H4You look this Cross . We have a double Top with conditions. The condition is that the maximun 2 ... yes did a maximum but close down the maximum number 1. This pattern is mean to go Short. Now we have a support on 0.80410 . If the price broken the support and after touch a new time 0.80410 ( new resistance ) .... And you dont forget the MA 50 that will be broken.You can go Short. Open at 0.80410 with Stop Loss at 0.81122 and Target Price at 0.79590. Can to be ???? We hope. by Ulisse010 from Thailand with love
Gold: XAUUSD Look for potential top this weekGold and the Dollar XAUUSD and DXY
The dollar's decline is close to finishing. Likely to be one two spots outlined below - so this is likely also to be a big week
for gold, oil, and across US pairs too. Look for buy set-ups on dollar pairs and sell set-ups on gold, silver, copper and oil...
As DXY tries to climb and hold above a little dynamic that underpins price from the lows,so gold is held back by a similar
dynamic resistance line from the highs on the chart to left.
DXY is close to changing back to positive, either from here, at 88.44 or from 87.70 at lowest. This is likely to happen this
week. It means that gold also is likely to reverse from current levels, or from one last burst higher from here at best. If it's
to reverse here DXY will have to break and hold above 89.53 - in so doing it will have broken key fixed resistance and the
upper parallel which has controlled the current down-wave from inception and so will flip the dollar back to positive and
gold back to negative again. This should be reflected by gold falling below 1341, giving the first confirmation that the trend
has changed back to negative in the near term and triggering a fall back to 1306 in all likelihood.
However, if 88.44 fails to hold during the course of this week it will tip the dollar into what should be one final selling
climax which should culminate at around 87.70 at the extreme before DXY finds support and begins to rally again.
This will carry gold to 1375 and at an extreme to a 1389 high.Look to close out remaining gold longs here, and some will
consider shorting if we see this price action develop later this week - rejection spikes appearing on the 1, 2 and 4 hour
charts will tend to confirm that gold is changing trend (the longer the better if looking to short here) and a break below
1341 will further confirm, triggering a short back to 1306
XAUUSD and DXY - Gold top likely this weekGold Dollar XAUUSD and DXY
The dollar's decline is close to finishing. Likely to be one two
spots outlined below - so this is likely also to be a big week
for gold, oil, and across US pairs too. Look for buy set-ups on
dollar pairs and sell set-ups on gold, silver, copper and oil...
As DXY tries to climb and hold above a little dynamic that
underpins price from the lows,so gold is held back by a similar
dynamic resistance line from the highs on the chart to left.
DXY is close to changing back to positive, either from here, at
88.44 or from 87.70 at lowest. This is likely to happen this
week. It means that gold also is likely to reverse from current
levels, or from one last burst higher from here at best. If it's
to reverse here DXY will have to break and hold above 89.53 -
in so doing it will have broken key fixed resistance and the
upper parallel which has controlled the current down-wave
from inception and so will flip the dollar back to positive and
gold back to negative again. This should be reflected by gold
falling below 1341, giving the first confirmation that the trend
has changed back to negative in the near term and triggering
a fall back to 1306 in all likelihood.
However, if 88.44 fails to hold during the course of this week
it will tip the dollar into what should be one final selling
climax which should culminate at around 87.70 at the
extreme before DXY finds support and begins to rally again.
This will carry gold to 1375 and at an extreme to a 1389 high.
Look to close out remaining gold longs here, and some will
consider shorting if we see this price action develop later this
week.
Top 3 Most Consistent CoinsDuring the past couple of month, the crypto market has been going through two major phases.
The first phase, that took place during December 2017, was a strong uptrend amongst most coins, substantial growth, and almost a non-stop rise.
The second phase, that took place During January 2017, was a consolidation phase, where most coins have been correcting down strongly or consolidating.
But there are coins with a better performance, that have shown great stability and consistency during both phases. While most coins were suffering they proved to be the most stable in comparison to the rest cryptocurrencies.
And the winners are:
0X
EOS
NEO
Ripple Possible TopIf we follow the alt coin cycle from last may where XRP topped which was followed by a large sell off in the crypto market then a rally for Ethereum based coins, Xrp in this case has topped. So now we are in the phase where xrp recovers to around 75% of its value from the high to around $2.4-$2.6 area. In the mean the mean time Ethereum should make new highs and go to around $2.5k where all alt coins will top. I believe that BTC has already topped for this cycle and I stay with this bias as long as it doesnt break 17k again. Good luck trading guys this is just my current outlook for the market.
Top 5 Coins With Best Performance During ConsolidationIt was a great rally across many cryptocurrencies during the past months. There was a huge growth by some coins, gaining x10, x20, x30 or more, where most cryptocurrency traders were profiting disregarding the coin of their choice.
However, there are always times of consolidation or a correction. And this time is now. The cryptomarket is not stagnating, which means that the coin either consolidating or correcting downwards.
But it does not happen to all coins because some will be always better than others and in the idea you can see the top 5 coins that had produced the biggest gains during January consolidation period.
NavCoin To Form Double Top?NavCoin is clearly trending upwards while printing higher lows and higher highs. NAV/BTC gained 300% over Bitcoin in just under a week, rising from 8.6k up to 33.8k satoshi. The corrective wave down followed, and the price dropped to the 22.7k satoshi.
This is the key support for NavCoin as multiple supports were rejected. First is the previous low established just before the last wave up. Second is the downtrend trendline and third is the 3/1 Gann Fan trendline. The support is strong and should result in at least one wave up towards the previous high at 33.8k satoshi. On the downside, only a daily break and close below 22.7k level could result in further correction down.
gbpusd short termwe are go to a big resistance at 1.3840 its will be big chance to sell with a price action here ,
we will wait to see a price action first before sell .
we have a pig divergence
this like eur/usd in past analysis you can see this .
eurusd D short term we have a big top now for eur we can sell with any price action , and we have a divergence here .
wait to see price action .
SPAR GROUP INC- Top GainerSPAR has been on a 'sprint' lately giving itself a lot of upwards momentum in such a short period of time, meanwhile not having a strong balance from the previous chart patterns. What I am trying to say is that the position that SPAR is holding on to right now is a very weak position, much like Aquabounty which I also wrote about. SPAR may not fall down as drastically as Aquabounty but it will surely win itself a spot in the top losers sometime soon, but the action will not stop there. There will DEFINETELY be another run in this same quarter ((or maybe at the worst in the very beginning of next quarter)) where SPAR will go on another run where right after it will become the top loser.
CARDANO (ADA) ticking to explode!BITTREX:ADABTC As we can see the graph has slowly melt down like an ice cream. But we are the freezer and we will resuscitate this resitance in next hours !
WE all LOVE CARDANO chart, as we can see nothing is stopping the next bullish.
Short term profit at least +30 %
Long term trade TO THE MOON
The lark Volume Momentum is ticking, and the new buyers are at the door.
Glad to trade, happy to be here!
Namaste!
ETHUSD has formed a distribution topThe pattern at the top is a classical three drive distribution top formation. The double top to the left seems to be the top, but the market maker to drive through that formation one more time to sell their holdings to the short sellers who are covered at the high and the unsuspected speculators who are chasing the high.
After it broke down from the third leg, the price has encountered heavy distribution when it tried to trade back to the ICT bearish order block. This has signified to me that the bull trend is over for now. Until the traders are trapped at the highs are washed out, we are going to see price being capped below 1300.
I would be interested in selling the retest of another, smaller, ICT bearish order blocks when it retraces higher.
