Bitcoin Weekly Chart: Bitcoin has found support on the previous resistance line as shown on the weekly chart above. If Bitcoin can his can close this current week with a green '1' above the blue trend line, the bear market could finally be over! This is not financial advice, as I am a self-taught investor.
Alright so this goes against what i am seeing for Aussie pairs, so I WILL NOT take this trade, it is just an idea i want to see play out.
Just playing the guessing game, this is what I currently see in the charts .. last week just closed and it printed a reversal doji implying that the odds still favor the bear.
My idea, appears to be a trend reversal in this range, obviously it goes against my other analysis so it either may take some time to come into fruition or im just entirely wrong
Please feel free to comment your thoughts on this trade. I saw a range and Audchf is at the bottom of a range
NCASH broke through the wedge getting ready for a steady uptrend IMO
NCASH broke through the wedge getting ready for a steady uptrend IMO
Quite a few things going on within this chart, but what I'm trying to convey is actually very simple. The chart is based off a few key models which have been used with tremendous accuracy for over a century. Model 1) Bear markets will usually last about 18 months in duration. Model 2) Bear markets will usually last about 1/3 as long as the previous bull....
- Watch for a reaction in that zone where the right shoulder would be formed. - If It doesn't break and close above the zone, CADJPY is falling for a good time and a long time.
After the recent ascending triangle reversal back in October and November of 2018, the CAD/CHF has decided to give us another! It is currently appearing to break the bottom, so I'd definitely be on the lookout for many entry opportunities! If you're curious about my previous Ascending Triangle analysis, check down below :) I am still a rather new trader, so any...
I have been looking for the bottom on this pair since the oil rally for the potential rise back up to re-test the highs. Although I've successfully swing traded this pair, I have been unsuccessful on finding the proper bullish view for the re-test to the highs. Bullish Confluences: - Double bottom - Potential inverse head and shoulder on D1/H4 - Trend-reversal on...
Good day Traders As I'm sure everyone and their pet poodle knows, bitcoin had a triangle breakout a few days ago with all the volume we were looking for. If you see my previous post, I thought we would first drop to just under $3k for a dead cat bounce to $5200, however, we've averted the weekly EMA15 and EMA200 bearish cross for now. The market was impatient and...
USDMXN trend is changing direction. looking for a long entry at the cypher entry point.
Pun in title intended. This chart has a lot going on now. I've been playing off of the same chart with the same long-trend lines drawn on it, so we'll just call this one Part III of the saga. What I've discovered today feels like some serious implications, and I have hardened reasons to believe that the Dow rally on this leg is over. Here we go... So, I've...
AUDUSD could expect 30-50 pips fall next days. It just reached supply level at psychological level price in market imbalance with NZD. Stay tuned and feel free to follow up for more ideas. risk reward 1:2 Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility...
Dont forget give like to this chart & share with others, doing so will encourage me share more charts with you. OmiseGo ( OMGBTC )all i can say right at the bottom and all time low. Its in huge correction since 23rd april 2018 when it did high of 0.002543. I would recommend to take entry now, atleast 5-10% of your portfolio funds. TA RSI 29 extremely...
The pair is heading down having faced resistance at 141.477 STATUS; Potential reversal Entry; 140.620 STOP; 141.477 TARGET; 139.466 & 137.755 Only the upward break of 141.477 will cancel the SHORT trade and take us LONG. All the best.
Trend; Down Strength; Medium Status; Trend reversal Waiting for a retracement to 0.7213 to go short or enter at the break 0.7171. STOPS; 0.7217 & 0.235 TARGET; 0.7141 & 0.7113 Only the break of resistance at 0.7235 will invalidate the trade.