DLavrov

DLavrov

The crypto keeps providing movements that not always can be described as logical and predictable. But for crypto, it is ok. In spite of a new high, I still stay with my bearish position. The price reached 9000.00 resistance level, and we got bearish candles. It confirmed the price reversal. The same goes about RSI and MACD histogram. Another bearish signal is...

DLavrov

I wrote a lot about the Gold markets, and I added the old posts to this one just in order to provide you the opportunity to see the whole picture. Yesterday, I wrote about the sell opportunity from the resistance zone. For me, the downward movement looked more interesting as the daily timeframe provides us good bearish signals. But this night, the market formed a...

DLavrov

The price bounced from the resistance zone. RSI confirms the price reversal. MACD lines and histogram support a downward movement. DMI is bullish, but ADX line falls. It tells us that buyers are no so active, and it is possible to open sell trades. We have a new sell opportunity. Entry Price: below 113.95 Stop Level: above 114.45 Profit Level: at 112.55 Risk per...

DLavrov

The market made a good upward movement, and it can give us a good sell opportunity. The price reached 114.00 resistance. RSI tells us about the overbought market conditions. The price is far from trend lines and the uptrend. The market has room for the downward movement, and the sell trade can be profitable. We have to wait for a bearish candle, which will...

DLavrov

The sell opportunity is based on the price reversal from the resistance zone formed by the weekly downtrend line, 73.25 resistance level. Entry Price: below 72.98 Stop Level: above 73.40 Profit Level: at 72.05 Risk per trade must be no more than 1% of your capital. If the price reaches 72.50 level, it will be possible to move stop orders to breakeven. ...

DLavrov

What's new in the Gold market? The price tries to break 1558.00 one more time. The 1st attempt failed, and probably the 2nd will have the same results. The resistance is rather strong, and it can be a starting point for a new downward movement to SNAs and the uptrend line. MACD histogram supports the further downward movement. RSI confirms the price reversal,...

DLavrov

The price made a huge upward movement just within 2 days. If you bought the coin using the breakout signals above the downtrend line and SMA100, you are in a good profit now. You should have a plan how to manage your trades. If yes, you must follow it. For those, you have profitable trades without any ideas about how to manage them, and for those who missed buy...

DLavrov Updated 

The market should be added to a watchlist as we can get a buy opportunity. The price reached the support zone one more time. The price action here will tell us about further market movements. The breakout below 0.96500 won't be so interesting for us. But we will be able to get a double top or a bullish divergence. These signals will tell us about the trend...

DLavrov

The 1H chart tells us about a possible reversal. We have a bearish divergence and a breakout below the local uptrend line. These signals belong to a trend reversal group. Maybe we won't see the deep falling, but the downward movement to SMA100, SMA200 will be possible. At the same time, the 1H timeframe will be able to keep the bullish structure. The downward...

DLavrov

It is the crazy market, and it shows why the stock trading is so cool! If you could follow the clear trend reversal signal from the downtrend line and SMAs, you would be able to open at least several positions between 225.00 and 275.00 levels. For this, you needed minimum knowledge of how to trade using these tools. The stable uptrend could give you solid profit....

DLavrov

I advise to add GBPCAD to your watch list. The price is not far from the support zone formed by the uptrend line, SMA100, and SMA200. The market will be able to give us a good buy opportunity if the price bounces from the zone. If the price breaks this zone, we will get a trend reversal signal. The market will become bearish, and we will have to search for...

DLavrov

I wrote about this coin and how to trade. If you missed that post, you can find it in the related ideas. The main idea was to wait for a pullback from 5.50 as the breakout signal would provide more risky trade. But if you bought above 5.50 or if you followed the trend reversal signal and opened long positions from 4.00, now you have to decide what to do with...

DLavrov

It is the perfect time to make mistakes, and novice traders will use this opportunity. Even these mistakes can give them profit, the mistakes will stay mistakes. The market made a solid upward movement. If you missed reversal signals from 6500.00 and trend reversal signals from 7700.00 and above, now you have good chances to buy in the overbought market. It will...

DLavrov

The price bounced from the support zone formed by SMA100, SMA200, and the uptrend line. The reversal signal could be used for buying with stop orders below the local swing low. If you missed this opportunity, the next buy signal can be based on a breakout above the local resistance level. Entry Price: above 32.75 Stop Level: below 29.20 Profit Level: at 41.90 If...

DLavrov

The price is going to break the resistance zone formed by SMA100, the downtrend line, and 153.00 resistance level. MACD supports an upward movement. DMI tells us that we have strong buyers. I won't be surprised if the price can pass this zone, but also a false breakout can be as well. The market does not look ready for the breakout. RSI is not far from the...

DLavrov

What do you think about a possible buy opportunity in GBPCHF market? I can support my idea by the argument that the price reached the support zone formed by SMA100 and SMA200. If we talk about possible reversal signals from this zone, the hourly timeframes will be able to provide us a possible buy signal. Yes, you may say that the price broke the uptrend line,...

DLavrov

The weekly chart gives a little bit different picture if we compare it with the daily and how we use the downtrend line there. The reason is, we should use different highs to draw the downtrend line in the weekly timeframe. Based on this version, the price is at the resistance line now, and we should focus on the price action in this zone as the weekly candle is...

DLavrov

We talked about the triangle chart pattern based on the daily timeframe. Now it is the right time to look at the same pattern but using the 4H chart. The price reached the bottom line of the pattern, and we should focus on the price action in this zone. If the price bounces, we will have a buy opportunity. MACD and RSI support the reversal and further upward...