Yo yo yoooooo, Oversold territory. Just because a night of drinking isn't a excuse to see the charts.
EURUSD anticipating a bounce off previous respected support on the 4 hour chart.
I had Bitcoin marked on a down trend line on the H4 chart, BTC then broke past that resistance. We are seeing a triangle forming like the previous one where we saw a nice breakout. Could it repeat itself? Or will it break down to support levels & depress all of the BTC HODLers...... HMMMM. Let me know your thoughts below. I personally am not bullish ....Yet....Yet.
On the H4 chart XRP is showing a struggle to break the previous resistance, the only way I can see a breakout is of-course if BTC makes a huge move. In the mean time I see a short sell to a highlighted area where the arrow is pointed. What are your thoughts?
NZD/CAD, my thoughts are to see a retest to the previous support zone, see the RSI oversold before I seek to get into this trade. Only looking to see these confirmations & if I like what I see I'm in! Thanks for checking out my idea, let me know your thoughts.
Syscoin has just jumped out of no where! A little late to the party but better late than never. I actually purchased some SYS a while back and went up over 60% with its current price. I like how SYS had been performing & it actually made it into the top 100 on Coinmarketcap for a bit. I believe we now have to recover to the Highlighted support level. I am...
Gold is in a respected up trend. My plan is once it retests the trend-line support level, and The RSI marks oversold territory, I will buy on the pullback. Will have to see reversal confirmations once this level fulfills. Enjoy! Let me know your thoughts!
USD/CAD is looking to move towards respected highlighted support zone on the DAILY time frame. if It does fulfill this zone, a double bottom will be formed and we should see a upswing. Patience, Patience, Patience. Thanks for viewing this idea, hope you enjoy!
Looking at EUR/CHF on the daily time frame it is pretty obvious we are on a uptrend. I see a nice respected support Zone highlighted. The Big picture is a nice retest towards highlighted resistance. Long term trade on this one. Thanks for taking the time to see my idea!
Looking for a tiny squeeze upwards to a major resistance zone, Then looking to place sell orders If I see a change of direction resisting that TOP & even more so if RSI is still in overbought territory. Comment below & let me know what you think!
NZD/AUD has been trading side ways for some time looking at the Weekly & Daily time frame, however going to the H4 timeframe, I noticed a respected up trend line. I anticipate a pullback before putting a BUY. Also look at some of the key points on the RSI. Could help you make a better idea on when to enter. Remember more confirmations = better trade. ENJOY.
Respected up trend on the 4 HOUR, may retest trend line then make its move upwards.
Looking for it to drop and retest previous support.
Consolidation occurring if we break up up out of the triangle, I am anticipating a retest of previous resistance.
Respected bounce off the horizontal support, however we are in a down trend but another test of the upwards could occur.
RSI is nearing oversold territory, respected upwards trend line. Looking for a push upwards on the 4 hour chart.
A market pump was good to see for once all coins had a small rally because of the SEC headlines stating BITCOIN ETF will eventually get approved. Despite all the noise lets not forget we are still in a BEAR market, & before big money comes in we do need more downfall, which will be manipulated by the big players. Look at the big picture stay away from hype. Once...
XAUUSD, I do feel bullish overall for GOLD, however in the short term I feel it needs to retest highlighted trend-line & support. Feeling neutral about GOLD at the moment, I personally do not have enough confirmations yet to place a confident trade.