Looking at the daily this morning XRP has been trading in about a 10k satoshi zone, which breaks down to two key zones on a 4HR in my opinion.
In order to get a sense of which way price action is looking to trend, i'll be looking for a daily candle close above or below this zone.
On the daily, the zone I've charted (pink box) covers from about .00011600 to...
this trade was taken off of the daily TF. Market came back into weekly Supply and pushed back down. Created a lower high shown with the yellow eclipse. This LH pushed hard off resistance creating a bullish engulfing pattern. This is where i waited for the market to retest @ 113.077 With stops above previous high and Take profi at the next daily demand zone @ 110.482
The dollar index is forming a triangular wedge. The $EURUSD pair will move up for a while if the dollar index bounce back into the wedge from the top trendline. Watch the movement and place your buys with tight stop loss. Overall, the pair is more bearish. However, scalping is possible while the dollar index is moving within the channels of the...
I marked two ellipses on the weekly chart: blue and red.
Ascending Blue Ellipse is working since Dec_2015 dip of 1050. Latest boundary reaction of blue ellipse was at 1205 level in July.2017.
Descending Red Ellipse is active since June.2016 high level of 1375. Last week we saw the latest boundary reaction of red ellipse at 1360 level.
Now we are in yellow price...
This pair has recently broken the declining trendline to the upside and is currently in an uptrend.
The retracement of the latest impuls has created a support zone for stop loss placement.
The buystop order has been placed @0.7267, targets @0.7325 and the stoploss beneath the support zone @0.7218.
A break of the resistance zone would complete a buy stop opportunity.
The rising trend line has been retested multiple times and has proved to act like support.
The buystop order has been placed above the resistance zone @1.1932, targets @1.2042 and the stoploss beneath the rising trend line @1.1849.
This week on Apple, price has given a good retest of the high supply zone at $153. I would like to see Apple come all the way back down to the demand zone at $145.00. Price is in a range right now and I’m looking for price it the bottom extreme of the range. On the way down, I believe we will have some 60 minute demand zones to chew through but I don't expect...
So we have price ranging in between a support and resistance zone for over a year now with a resistance trendline included.
I have mapped out what I think is viable price movement over the next month, so it can go up, but likely down. I think down because of the recent bearish nature of this pair, as it broke the support trendline and price began to slope...