I think there could be one more downswing before btcusd rallies over $6800. Creating new support lines which we will go over in couple days. Unless a whale steps in and creates another bull flag this is what I'm seeing btcusd playout.
I know I've got that chart tatted-up like an inmate, but these trend lines give us a good indication of what kind of support/resistance we're looking at moving forward. The mid-term support line I calculated seems to be holding up despite a good amount of sell pressure, and this incoming squeeze will test it further. With some momentum or a news catalyst I could...
Minor wave correct provides great entry. Initial PT:$ ≈8 or 33% above current. GuruFocus DCF Fair Value= 11.66 Strong balance sheet w/ little debt and high Current Ratio. 3 Stars on Morning*
AUDJPY expecting a ABCD pattern to play out I see on the near term uptrend continuation based on PA I would like to use a stop order to catch the breakout, placing a stop buy order above the resistance zone around 83400 let's see how it goes.!
There’s More Upside For Natural Gas Using Fibonacci Confluence Trading Price Action ... as hits the zone of those past level and shoots back up tending to be respect in a trend up setup on trend continuation or simple bullish momentum.!!!!!!! P.S. Today, EIA Reports Natural Gas Inventories Good Luck!
Trend continuation buy setup Buy on breakout
If the Prices comes in the Resistance Zones and touches the Resistance Line it will probably go up again. Watch out when the trendline breaks.
After a great fall that took the price to a level below the 18300, there has been a great recovery reaching to exceed the level of 1900. Be aware of a bullish continuation, being careful of an exhaustion and possible laterality in the price.
Hello Traders, AUDUSD is in a big triangle pattern in the daily chart, as you can see in the first chart. It was flirting with the last significant breakout highs at around 0.7536. Where also the 200-day moving average comes across. The main idea is now that the market should at least bounce from its current daily levels. Therefore, we waited last week for a...
All Yen pairs has been going up for quite some time now. With RSI Divergence in play, How much longer can it goes up? Is it just coming down for a correction and continue it's way up again? Or a total reversal? Let me know your thoughts. Thank you. Happy Thanksgiving =)
U.S. economy and currency looking stronger as per the technical chart. Good time to get in at the lowest risk. Target: 0.9200 SL: 0.8750
HOPEFULLY THIS HELPS YOU GUYS! REMEMBER TO HIT THAT LIKE BUTTON! GIVE US A FOLLOW AND ASK ANY QUESTIONS IF NEEDED! THANKS TOM
Higher Highs and Higher Lows formation with diagonal trend lines make this one a trending up. Stoploss: 2900 Target: 3360
PRICE AT AN IMPORTANT KEY LEVEL AND JUST BOUNCED OFF THE RESISTANCE TURNED SUPPORT FORMING A DOUBLE BOTTOM. ALSO THIS KEY LEVEL IS IN CONFLUENCE WITH THE 0.5 FIB LEVEL. GBP AVERAGE HOURLY EARNINGS IS EXPECTED TO COME OUT BETTER AT 2.2% AND THE REASON WHY THIS IS IMPORTANT IS BECAUSE THE BOE (BANK OF ENGLAND) SAID THEY'LL BE MONITORING HOURLY EARNINGS DATA. IF...