First off I am very new to TA, just learning as I go by monitoring other TA's from different coins. I was watching DGB mainly because I'm also mining this coin. Last few weeks it went nothing but downhill after having seen a nice up early in june (Citibank hype). Today was announced WireX is adding DGB as official paymenth method for their cards. twitter.com The...
H1 - Price broke the trendline. Go short after a small correction towards 1.12 zone. Two options for the stop loss: Aggressive Stop Loss – Above 1.1235 Conservative Stop Loss – Above 1.1290 Based on your preferred stop loss the first target should be 1:2 Risk:Reward ratio. Next levels that you can use as targets – 1.10, 1.0850, 1.0720 (gap zone).
Looking for a short here after support + trendline break .. Price bearly touched the daily downard trendline with a slightly rsi divergence .. i want to see a clear break of this small support zone and a trendline break ... one possible play could be half position after support break and another half position after tl break... we will see what the market will...
A daily trendline on USD CAD has been broken. Although it seems there is just 2 hits, moving down to the H1 chart you can see a rejection, then a strong breakout candlestick pattern. This lines up for a nice short. Entry short 1.321 Stop 1.32333 Take Profit 1.304
After calling out the trendline break last week to our members the news that the BOC was hawkish created a selling frenzy along with the technical symbol. We hit support on the weekly today as well as the daily and I took a long. A long for a scalp as well as a long for a swing trade. This is not only a technical support bounce but also a fundamental play based...
There is a H4 chart bullish cycle ending. We are looking for sells. H1 chart lower lows created already. We want to go short with the breakout of the most recent m15 up trend line. Protection above 0.7220 Target 1 - Risk - Reward ratio of 1:2 Target 2 - 0.7070. Target 3 - 0.7020.
Short term USOIL long trade based on intraday chart development & daily conflunce. Looking at daily chart we can see that price has decelerated around 47.50 which has acted as horizontal support & resistance level couple times in the past. Zooming in to intraday chart (1H) we can clearly see that price fails to make lower lows making triple bottom pattern on...
Trendline has been breached but wait for the price to break the support zone below as well. Setup good for a 12 h chart and Daily.
-long term time frame is showing defined uptrend with stagnant trend strength. Looking at oscillators for clues -intermediate term time frame is showing defined uptrend and strong breakout out of resistance area of 242.2x -int. term time frame showing price action getting extended and breaking minor upward trend line coinciding with rsi bearish divergence and macd...
EUR / CAD is in a zone of resistance, it is likely that the fall in price after the third attempt to rise
Its appears the NZDUSD has broken the trendline channel. We have been tracking this pair most of the week waiting for this to break. We retested the trendline and went short. It is choppy today as we await for NFP so I suggest extra caution.
USDJPY closed over the trendline here on the 4hr for the first time this week. This is worth a tight buy.
Trendline has broken and retested. Big volume in the bearish candles. The market also cross and close below EMAs. Sell according to the plan. Kind Regards, Michail Sideris
Hey guys, after a long time I return to trading view with some new ideas. BTC is getting hot so I decided to turn my focus away from standard currency's and take all my strength on crypto's. Last time with BTC i succeeded very well nut as always I advise you to follow only if you know all about the risks.
The plan is to wait for the market to retrace at the EMAs and the fibonacci levels to confirm the break and short according with the price action. If you have already a short position from the BAT pattern trading setup then relax, that entry level is perfect. Keep your position! With regards, Michail Sideris