Hi guys, the bearish trend medium term on EURUSD is about to reach an important double support at crossroads between an uptrend line weekly and a horizontal support daily. The trend should stop the fall in the area 1.1550-1600. Agressive swing traders may anticpate a rebound with an invalidation below 1.1500.
Targets could be 1.1800 then 1.2000 in extension.
Hi guys ! I am in an inspired mood so I wanted to illustrate my confidence in BTCUSD and Bitcoin for the next few months.
As I said in a previous analysis, the pair might make a strong bullish move in the next months. Why ?
- The lower lows are more and more higher and the higher high are more and more lower, Sign of upcoming big movement
- BTCUSD remains high ...
Hi guys! I was trying to analyze BTCUSD on a long term prospective and I got that kind of chart vision to illustrate my thinking.
My feeling is that a bullish major movement is about to happen on BTCUSD. Why?
Analyzing the chart I noticed that BTCUSD is in a kind of horinzontal consolidation between 7500 and 10000 since the craziness of the end of 2017.
There ...
Hi guys, USDJPY is bullish since end of march and a reaction at 104.70. Now we are near 111.50 which is a weekly resistance zone.
A short could be interesting if price hits the trendline resistance. For swing traders it could be an amazing opportunity to make hundred of pips with much patience, discipline and self-control.
In case of reaction. A final target would ...
Hi guys ! I am in an inspired mood so I wanted to illustrate my confidence in BTCUSD and Bitcoin for the next few months.
As I said in a previous analysis, the pair might make a strong bullish move in the next months. Why ?
- The lower lows are more and more higher and the higher high are more and more lower, Sign of upcoming big movement
- BTCUSD remains high ...
The Weekly Chart of MU favors a bounce upwards.
Your stop loss would be just below 45, and a profit target near 60.
You risk about 3 dollars a share for a reward of 15 dollars a share. That's a 5 to 1 risk to reward which is outstanding. The next support level down is in the 38-40 dollar level, so if you get stopped out, the 38-40 level would be the next area ...
The pair NZDCAD is about to reach a long term support line around 0.8750. It is a good timing for a huge correction after a straight fall from 0.9500. The pair needs to breathe and this is a good opportunity to take a long swing trade on a trend reversal.
The first TP would be 0.9000 then 0.9200.
GBPAUD is testing dangerously its weekly bullish trendline around 1.79-1.80. The bullish trend has started in august 2017 with a lower at 1.61 and a recently top at 1.85. On a very long term view I remain bullish on the pair but a correction is highly probable to reach 1.76 then potentially 1.7150.
A short is insteresting only if the price goes below 1.7900.
The pair EURCAD is at crossroads. Neutral between 1.5150 and 1.5315. Stay away from the pair between theses levels.
As mentionned on the chart it will be interesting to take a short below 1.5150 or take a long above 1.5320.
Dear Friends! <3
D4rkEnergY knows that many of you are looking at this market with great despair and pessimism. A lot of people are asking themselves - is this the end of Bitcoin? Is the crypto party over? Did Wall Street and the governments win? Are we going to $800?
The media are full of negative stories, and conspiracy theories fill Twitter and the Telegram ...
This weekly chart is posted to give a quick overview of the AUDJPY technical context for the next weeks.
We can see that the pair has brokedown the support of the rising wedge. We can reasonably think that the downtrend will continue until 82.00 then 78.00 in extension. We will probably see some pullbacks during the decrease which could form a descending channel ...
This is my current view in weekly time frame. If you have a different view on this chart please let me know in the comment section. Please trade with care.
we are in a weekly consolidation - we will either get one more "yellow" - see the 3 wave moves up then drawn out consolidation - OR- "blue arrow" - continuation - to downside and consolidation is over. either is possible - see chart - the green arrow points out where we are on 4h and we can look for sell set up on 4h for one more down or break out and get ready ...
So I was just hanging around , looking at our sacred crypto charts and suddenly got tired of seeing those super long candles shades , which are reeeally annoying if you are trying to make some tech analysis . I turned on to weekly and here is what I found. I determined IOTA parabolic cycle for 133 days. These are 2 main options I suppose we have. Surely , there ...
