Where will red candles take BTC to? The test is coming is there value in bitcoin or is this about to unwind. IMO bitcoin has no value and once bears get momentum their is a day of reckoning coming that will ultimately decide if bitcoin has a future or if this will be looked back on in history as something they people will laugh we used huge amounts of energy to...
eurcad in a range 1.515 to 1.491. appears its ready to test the lower end. trade idea is sell any rally to 1.507 with target 1.492
wti has formed a trend line will look for buys at 52.6 targets to 54.4 , 57 and 59.5 stop at 50. could also wait place a buy stop on a break of 54.65 like to see another test lower before placing this trade setup.
short term trend has established up. my trade idea is buy limit at .698 on the trend line and target .705 place the stop at .6945
The kiwi has rallied against the Cad recently reaching .891. the triangle have drawn out shows the trend line it has formed. my trade idea is sell into strength in the .887 area with stop at .893 and target .879 and .87. breaking the bottom out of the triangle.
Euraud broke mildly to the upside. since than has little follow through strength and looks like a bear flag channel on the 4h will short here target 1.6 stop at 1.62
has reached the topside of channel looking for a move back to .866.
1.608 is support possible long trade to 1.634
the latest news spiked gold for a few days but the market forces do not go on news. short gold with Eur may be even a better option than with Usd. this latest rally really just made a great sell opportunity. drop to 1127 would be latest support but imo we slice through that to 1117 on the down channel. second target 1100 than 1080. place a stop at the three...
head at 1303 left and right shoulder at 1288 neck at 1270. i like this trade going short target 1240 area its wide open once the neckline breaks. will place the stop at 1320 as it could be a liquidation rally yet.
XRPUSD has made this bull trap pattern again an again. Its right there in plain sight again. safe trading everyone
this is a birds eye on the weekly chart to give a possible idea that there is a possiible path to 106.5 and than 1.01. the channel i have downward was broken to the upside but it has attempted twice now to go higher and with the second attempt a weaker high. RSI is pointing down on the weekly. i expect see a red candle on the month. this will give sell limit...
dont know the chart name for this so decide to call it Beautiful. dont be scared jump on in the rocket to the moon. crypto talk
UsdJpy has been range bound for 2 years now 1.14 to 1.07 and lately 1.126 is the high. from the monthly you can see the break out from the wedge pattern and than the test. this has seamed to just weaken and buyers are suffering exhaustion. but with every sell off buyers returned to push it up again. from my pattern here it appears we will be reaching a break...
EurUsd just made a huge bullish candle off support. No need to explain its time to get looooong
positive week last week has opened the upside for wti to target 66 even 69. support at 60 has held with the weekly pin bar two weeks ago. looks ready for another attack to 66 even could push to 69. this looks like a good trade this week. possible reversal would be on a break of 60.
Chart is opening up for downside move as XLM has hit major roadblock at .16. The downside supports are about to be tested. Altcoins have steadily weakened to bitcoin and its possible this trend will not reverse any time soon. Targets to the down would be .114 .085 .06.