Apologies for those who love Bitcoin Cash I'm not a big fan of it as it stands today (tomorrow is another day I may love it). I was asked to comment on Bitcoin Cash so for what it's worth there is a Risk Reward 1:1 trade. Now for me, this is NOT a trade I want to take, for several reasons: a) I think BCH is finding its feet and I don't want to tie up my capital...
EURUSD: The pair continues to hold on to its downside pressure closing lower on Tuesday and set to extend further decline. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the...
Hello Traders I am happy about every kind of feedback ;) EURUSD made new weekly lows with a strong bearish NFP-Move on Friday. He`s stuck between 61.8% and 50.0% Fib of previous two-week X-A Move after a little retrace to the upside. Still following and Respecting H4 Trend channel! Expecting him to break to the upside and follow the Longterm Trend making...
Zcash (ZEC) boasting a $193.14 million dollar market cap and holding its Rank at #18 in the crypto currency battle for dominance it shows signs today, Aug 2, 2017 @ 0.07166038 of pushing higher as it breaks thru the 200 moving average on the 4 hour timeframe. Zcash previously broke this zone and soared above 0.160000 with little if any resistance. Minimum risk on...
USDCHF: With the pair seeing price follow through on the back of its Tuesday recover, more strength is likely in the days ahead. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level. On the upside, resistance resides at the 0.9700 level where a break will clear...
GBPUSD: The pair continuing to retain its upside threats on correction, more strength is envisaged. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1.3000 level. Conversely, resistance stands at the 1.3250 levels with...
GOLD: With the commodity seeing higher price close the past week, more strength is likely in the new week. On the downside, support comes in at the 1,260.00 level where a break will turn attention to the 1,250.00 level. Further down, a cut through here will open the door for a move lower towards the 1,240.00 level. Below here if seen could trigger further downside...
EURUSD: With the pair retaining its upside pressure the past week, more strength is likely in the new week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Its weekly RSI is bullish and pointing higher...
USDJPY: The pair continues to hold on to its downside pressure closing lower the past week. On the downside, support comes in at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower towards the 109.00 level. On the upside, resistance resides at the 111.50 level. Further out,...
remember this target the idea was based on 3 thing the real and the fake move of price during any time zone or cycle specified year five year in 10, year one, year..........to the hour cycle Since ....To,in this case the price was retraced to the 38.2 fibo level and we watch the price go up to the 138.2 fibo level from the real move of the last time cycle of six months.
GBPUSD: The pair continues to retain its nearer downtrend weakening further on Thursday. Support lies at the 1.2900 level where a break will turn attention to the 1.2850 level. Further down, support lies at the 1.2800 level. Below here will set the stage for more weakness towards the 1.2750 level. Its daily RSI is bearish and pointing lower suggesting further...
Traders: From recent waves, we see a potential Gartley Pattern of WTI is being formed, the downtrend line is broken also, so i will buy at a retracement on this downtrend line. See more detail on detail. also glad to see u with chatroom. EN:45.0-45.8 SL:44 TP1:48.17 TP2:49.84 TP3:51
I am not a short term trader, but I do see an excellent shorting opportunity here for Bitcoin traders. Our previous support (upward sloping red trendline) has come back into play. What was once support will now act as resistance. And in this kind of uncertainty, right here ($2150) is an excellent opportunity for short term traders to sell Bitcoin! Target back down...
Trend line above has met price with also a daily resistance. Also there is a resistance met. Expecting price to fall to the 4H S/R.
The weakness of the Coca Cola title continues. On July 26th, second-quarter earnings will be announced, which in the last two years has been exacerbated by the strength of the dollar and the massive internal restructuring plan; Another disappointing result would bring the title to an interesting listing. For the moment we expect a good price to buy the shares
In the following chart you can see my opinion about AUDUSD. I believe the pair would start moving in a bearish way due to the complete 5-wave move.
EURUSD: The pair closed higher on a rally the past week leaving risk of price extension on the cards. Resistance comes in at 1.1500 level with a cut through here opening the door for more upside towards the 1.1550 level. Further up, resistance lies at the 1.1600 level where a break will expose the 1.1650 level. Its weekly RSI is bullish and pointing higher...