US Equity indices are perched up at historical highs, while volatility remains historically low and USD-sensitive commodities benefit from lower dollar. This is a perfectly synchronized market move. Expect continuation in the equity uptrend until one of the following happens: 1. Marco disappointment, 2. Corporate earnings disappointment or 3. Surge in Fed Fund...
Hey Traders! In today's video we're going to take a look at the $EURUSD and review both a short term & longer term trading opportunity. One thign I love about doing videos is that I don't have to spend a lot of time typing in my ideas so...GO WATCH IT!
Hello, since this big parabolic rise in price in XRP, now we see a healthy drop and we can see a Fibonacci confluence of short and mid term upward swings, around the $1.55 in my opinion its a god entry point for those who want to get in the ripple train or do some money management.
Comment and Share,
Cheers
There is a relatively clear Elliott Wave structure on the lower timeframes and it certainly looks like this market is pointing up for the next few weeks or so. I am looking to buy on any minor retracements as long as $812 can hold*. We don't really have any divergence on the 1h chart, but may have when (iii) is carried up into the potential resistance zone....
While there isn't much room for a short holding in terms of leverage, there is still a potential 3% gain the following weeks. However, for a long time HODL strategy (though more risky), has the potential for higher ROI. This is one of the most popular trading pairs in Forex in terms of demand. Also in its entire history, the correlation been mostly positive. It is...
Hey, there a trend continuation pattern, more precisely a flag formation, with Fibonacci projection on the 161.8 of fibo, i am discounting the two days ago downward spike for the fibo levels.
cheers
The price breakout for Bitcoin Gold is most likely a long with some returns. It is medium to high risk but still very investible until 3rd quarter 2018. While it isn't as investible as $BTC as a short or conservative as long, the potential is higher given more demand breakout. Also the resistance level has potential for a long run maximized trade strategy...
On Day chart price rested on the Bollinger Band Deviation 1 band and closed with a day green candle.
Now the new day candle is climbing.
How far up do you see it going?
Since November 13, After broke through about $8000. This is the first week Bitcoin dropped about 46.11% to $10700 in one week after Bitcoin hit $19891.
That's mean the most recent support still at $6000 - $8000 area.
Until present, Bitcoin found the "Reaction Area" from $10833.7 - $12645.6. This may be our potential support area because the market seem like going...
Trade details:
175/160 Put Vertical Credit Spread @ $2.93
Prob. of Max Profit = 72.17%
Prob. of Max Loss = 14.05%
Break-even @ $172.07
84 D.T.E.
Trade plan:
Entry by oversold + support/resistance analysis
Expecting a response up or down from $191.20 support level test, probably during next week or the early in Jan.
Expecting older support level to hold...
Potential long opportunity, confirmations include 4hr harmonic shark pattern, 1hr ema retest, previous resistance turned support, and target is at 1.72 supply level. Use discretion as I dont consider this a high probability trade but still an opportunity
