I think price formed and ABC pattern and is not breaking out. I think its retesting trend line, then it will go up to the first TP then it will either break the TP 1 then go to the Daily resistance.
USD/JPY in a critical area ... Potential rejection from the descending trendline to new lower lows ?
Good fundamentals make this a good buy. Look for it to continue its uptrend
BTS is breaking out of an inverse head and shoulder formation. Im going long on this coin as it pumps towards a new all time high
BTS broke out of its cup and handle formation. Get entries while you can!
Ripple is following this massive ascending triangle. Look for a big upswing soon!
Look to be shorting ETH as it hits resistance and Ripple continues to rise.
I think price is it a trend line that is well respected, i think price will go to the zone or the trend line.
My friend Dalin Anderson from High Altitude Investing showed me this formation he came up with. Noticed it forming in Riecoin so id be looking for entries
After a rather volatile previous 5 days, it appears that Vericoin has come back to a consolidation area as anticipated. This is a repeating pattern, towards the bottom a trending channel and pennant (blue line). We are also under the cloud, under the 4H 50 RSI and showing a short term (4 day) repeating bounce of the 4H 200EMA. It has hit the 200EMA on a 4H time...
Huge Buy-Walls on this coin today. Its been oversold for a while so I believe this downtrend will be reversing soon.
Noticed a possible Cup and Handle forming on FCT. Look for entries in the handle or wait for the breakout at the top of the cup. Stay Profitable!
We just hit 61.8% weekly level.. If you look at the MACD window is showing signs of reversal. Still to OANDA:AUDUSD early, but!!
The price is seems to retracing after a strong uptrend. In this chart i present you a possible "reverse head-shoulders" formation, with many chances of profit if it is comfirmed. Please like is you find it usefull for your trading strategy. Thank you very much.
Arrived at 1,095. Now a bearish reversal is possible to close the gap.
In history there is a strong move down, but this retracement is not strong enough at the moment. Looking for 2 possible setups: 1. Strong momentum up towards the trendline , good healthy rejection and break of the countertrend. 2. Strong momentum up towards the 110.05 level, which is a strong psychological level too. Want to see healthy rejection there and...
As long as previous high - 1263.75 holds, we may say that Gold is still correcting down. Hence, we sell. We may see price reach 1183 - 1180 area, our target for profit taking. Happy trading everyone!
Gold almost touched our target at 1193, managing to bottom around 1194 area. Looks like trend is going up already. Happy trading everyone!