Looking at the history of ZEN you can see this one is prone to some extreme volatility. I use loose stops on this one because of that, and pay more attention to target areas.
Last Zen trade went well as you can see in my profile. After two TPs and one rebuy, I exited on the 5/20 cross. We just opened a daily candle above the 5ma with strong bounce and we are in a ...
Alright Guys, I've been stalking prices for a while now and I think that we're in for a long trade now. Currently in on a long position up to highs of at least 143.500/147.000.
We could potentially see prices go against us quite rapidly, I've got a very tight stop anyway.
HOWEVER.
I'm already in profit, so let's just wait and see what happens next.
Expect updates ...
Looking at the Macro analysis in my last published idea, have been waiting for. good entry on the FTSE for the past couple of weeks. See above my idea.
Good R:R for this trade. I suspect we are currently experiencing wave c2 - I will be looking to catch the trip to the downside for wave 3/4/5 for a test of the lower bound of the diagonal.
Considering chart ...
Investors will also be looking for the U.S. economic events like building permits, housing stats, and Philly Fed manufacturing index to determine further movements in gold. In case you don’t know, the dollar shares a strong negative correlation with gold. Therefore, the positive data may drive bears in the bullion market today. Refer to Fxleaders Aug 16 – Economic ...
Implications and Outlook
Bitcoin spiked over the Mean Resistance $6535 mark on August 15, however only by a small margin. It continuously finds support at Mean Support $6145. Repetitive attempts from the bears to break the support level have failed. This demonstrates that lower levels are bringing in buyers, which is actually a bullish signal.
At the moment, the ...
For the moment, gold is trading near $1,173 after placing a low of $1,160. It recently has formed a sort of a hammer candle pattern on the 2-hour chart. The hammered pattern followed by a strong bearish trend often causes a bullish reversal. That being said, can we expect a bullish reversal?
I wish I could say yes, but gold is still bearish and the violation of ...
If this move was a 5 wave impulse was see in BLUE ( 1-5 ) then we are in a minor pullback... Which means if this is right well be seeing some upwards momentum pretty soon.
This is simply one option. There are MANY different options here. This is just what seems to stick out to me.
Lets see what happens :)
Facebook has some slight negative correlations for its current price in expectancy of September 5th. Currently given the usage of my stock analysis indicator as well as past correlations and what has happened with the Cambridge Analytica scandal, this estimation is quite conservative. The loss in price may trail to around 1.8 to 3% with some expectancies for ...
COINBASE:BTCUSD
https://www.tradingview.com/chart/0BHI0EOt/
Are we seeing the beginings of a reversal?
I like doing my TA on the platform that I'm trading and I do do a bit of trading on GDAX/CoinbasePro. Lets take a look at the facts.
Dow Theory requires higher highs and higher lows for a reversal from bear market to bull market.
We have only seen lower ...
IDEA - looking like a move to 215 on the cards next week.
We see a nice rejection of the EMA34 at around 204.75. If it rejects the EMA again at around 207, probability says were likely to go to 215/217.5
It's hit a resistance at 209, but trade through that next week the target is clearly 215 and probably 217.5 as a target 2.
6.8k is a strong support for bitcoin, we could bounce from there to at least 7.3k and maybe even go back to 8k. However, if we break this support BTC will probably drop back to 6k again... Where it will be a good zone (blue zone on the chart) to start buying again (look at my previous analysis ''Buy Time Or What ?'' in the related ideas section below).
I'll buy ...
Hello followers and other TradingView users!
Here I would like to point out some technically decent BUY opportunity for USDJPY!
BUY Criteria:
1. Breakout from the August down-channel
2. Wait for some pullback & retest
3. A retest is supported by weekly level
4. A retest is supported by monthly level
5. A retest is between 38%-50% Fibonacci retracement level
6. A ...
In Japanese, Heiken Ashi means “Average Bar” and it represents the average-pace of prices.
The Heiken Ashi candlestick chart can help you to spot both trading periods and ranging periods that you should avoid.
There are two primary trade signals that we can identify through the Heiken Ashi candlestick:
1- Bullish candlesticks with no wicks or very small wicks ...
Guys ! we all know about Renko Charts, you can use this strategy which is really basic, simple but very very effective. For making good profit it's not that you need loaded Indicators and systems, sometimes a very basic system turns to be effective. Here i am discussing a system which always works. Clear entry and exit rules, you can use this system for scalping ...
Listing on Coinbase
SEC declaration of its legal status
Production deployment of XRapid
Announcement by central banks of backing of stable coin on XRP ledger
XRP ETF
XRP used by SBI Holdings for FOREX settlement
Announcement by major institution of institutional Custodianship for digital assets
CODIUS deployment
Ripple announces production level product for ...
Implications and Outlook
Main American markets traded out of strength and durability to robustness on Tuesday as sentiment did actually recover and cash is put to work. There was and still is, sizeable monies sitting on the sidelines looking forward to confidence being gained. As main Indices get back to record highs, this really is again beginning to grab the ...
