LOWER HIGHS BEEN PLUGGED. FORMING NICE TRIANGLE. THAT SUPPORT OF 1.288 HAS BEEN STRONG. IF THIS BREAKS AND CONFIRMS THEN WERE ON FOR 1.29840 SHARPLY. IF IT BOUNCES IT MAY TEST TRIANGLE. AGAIN WHICH WOULD OFFER GOOD R:R FOR SHORT AGAIN. ( ONCE CONFIRMED) HOWEVER IF THIS BREAKS ON THE BACK OF DOLLAR WEAKNESS THEN THE LONG UP TO 1.34 WOULD BE ON. IM WATCHING...
LITTLE MORE IN DEPTH AS IM AT THE DESK TODAY. WERE APPROACHING 71.8% FIB LEVEL AND PREVIOUS SUPPORT ACTING AT RESISTANCE NOW. PLEASE SEE VOLUME ANALYSIS. LOOKS FOR DOWNWARD MOVEMENT, PRICE PUSHED HIGHER ON DECREASING VOLUME. ALSO PRICE CONSOLIDATING, WHICH COULD MEAN BULLS NOT AS STRONG AS BEARS ARE NOW AND PRICE IS BEING PUSHED AROUND. IF BULLS ARE...
IMPULSIVE MOVE UPWARDS. SEEMS TO HAVE BOUNCED PREVIOUS PREVIOUS HIGHS. IF THIS FAILS AND BREAKS LOWER, I SUSPECT A TEST OF THE REGION. (GREY LINE) IF THIS ACTS A RESISTANCE AND BOUNCES LOWER (CONFIRMATION) THEN THE SELL IS ON.
PLATINUM TRADING UPWARDS. BOUNCED OF MY SUPPORT LINE OF 875 AND HAS CONTINUED TO PUSH THROUGH THE DOWN TREND. THIS BREAKOUT SHOULD TAKE US TO NEW HIGHS.
looks like is could turn here, potential short down. I'm in a small position as I assume a downward move would be hard and fast. Ultimately I'm looking for the long entries around the green boxes. For a nice push upwards. Also looking at a breakout trade around $5375 incase we don't shift down.
RESISTANCE BROKEN. This now has room to hit previous resistance of $223.
BEEN BULLISH ON LTC FROM $28. Love LTC, been quiet in the background but been showing great returns. if 110 is broken then not much in the way of $180.. this is based on bullish momentum in the crypto market. if fails then entries around 60 are back in the window.
Triple top being a popular trade for people. Todays pump with low volume. Offers good R:R. it is Friday so lets see how US open plays.
RISKY ONE. TIGHT STOP. DOLLAR STRENGTH WEAKENING IN EURO TOO. SMALL POSITION SIZE THOUGH AS HIGHER RISK. LET IT PLAY.
CURRENTLY HIT MY OPTIMUM ENTREY LEVEL AT 4912. HOWEVER ANOTHER SET UP NOW, SEEMS TO BE HOLDING ABOVE 50 DAY EMA. DEAD CAT FORMATION IS A POPULAR ONE IN CRYPTO SO OFFERS A GOOD SET UP TO THE UPSIDE. ALSO PLENTY PEOPLE WAITING TO PLAY THRE BREAKOUT SO SHOULD BE GOOD. HOWEVER IF THIS DIES THEN I THINK IT WILL BE A BIG RED DAY. BACK TO LOW FOURS, IT'LL BE A...
FOUND SUPPORT. SEE WHERE IT PLAYS FROM HERE. IF IT HOLDS SUPPORT THEN PEOPLE WILL REMAIN BULLISH AND WE COULD SEE A SOLID PUMP FORM HERE AS BULLISH MOMENTUM AGAIN WOULD SOLIDIFY FURTHER MOVEMENT UPWARDS.
AT A NICE RESISTANCE, PRICE BROKEN 1305. 1311.57 IS MY SWEET SPOT AS A RETEST FROM PREVIOUS HIGHS. COULD TEST PREVIOUS PIVOT OF 1324 BUT IF THIS IS THE CASE THEN ID LEAN BULLISH.
LONG ON A BREAK OF 5325 - SHOULD SEE NICELY TO 5800. WHO KNOWS WITH BTC. IM LOOKING AT PREVIOUS RESISTANCE AROUND 5800 AND THEN PHYSIOLOGICAL NUMBER OF 6000.
BEEN RANGING NICELY. 4HOURLY HAS BOUNCED OF THIS LEVEL AND CONFIRMED. LONGER TERM TRADE. SMALLER POSITION SO I CAN SCALE IN IF NECESSARY. POTENTIAL WEAK DOLLAR AHEAD WHICH CAN HELP, IM SHORT ON GOLD SO PARTIAL HEDGE ALSO.