Guys, sorry for messing the prev setup somewhat, the floor in BTCUSD is @ 6450 for now. Upside capped with 7000. Everyone is scared of the Bitfinex maint, but from here I can only see upside. This is confirmed by setups I see elsewhere - XRP/IOTA/BCH/ETH. All decent alts should push higher - good upside 30-50% is possible in select alts.
eur usd update. key zone on daily was broken to the down side. I suggest to stay out of this market into NFP, since dollar still got the upper hand and can push EURUSD lower still. I'm trading EURUSD for over 2 decades guys. I recommend you stay out into NFP this Friday. Let the dust settle. I plan to get back into trading Monday next week. Right now market...
It's important for BTCUSD to maintain this H4 TL, if we are to see upside in ETH and XRP. If BTC holds this, it could re-test 6900-7100 area in the coming days (3-6 days max).
Right now is a great risk reward play to buy BTCUSD -0.54% stops near 6420-40 area, target 7000. only risk 60 dollars max, low risk trade setup. see chart. good luck, traders!
DETAILS PLEASE SEE CHART. IF YOU DIDN'T LOAD UP THE DIP YET, LOOK TO BUY SOON. THIS SETUP WILL LIKELY LAST FROM 4-5TH OCTOBER UNTIL 11-12TH OCTOBER 2018. STOP LOSS / TAKE PROFIT - SEE CHART.
PLEASE SEE CHART FOR DETAILS. VERY NICE R:R TRADE ON BUY SIDE, BUT MAKE SURE YOU PLACE YOUR SL NEAR 205. TARGET IS 262-266. SECOND PART OF THE PLAN - SHORT SELL NEAR 262-266 SL 272 TARGETS - SEE CHART FOR DETAILS. GOOD LUCK TRADERS!!
YOU HEARD IT FIRST HERE. STAGE 2 OF THE PUMP COMING TO RE-TEST LOCAL HIGHS. LOAD DIPS SOON. 1) took me a while to figure this out 2) re-test of local highs near 77 cents coming 3) buy dips near 47-50 cents 4) SL @ 44 cents 5) get out @ 77 cents and reverse short 6) no target for short - open - will update later
1) NFP FRIDAY COMING 5TH OCTOBER 2) H*S SETUP NO LONGER VALID 3) TRUE LOW LIKELY CLOSER TO 1.1450 4) RECOMMEND TO WAIT TILL NFP IS OUT 5) YOU CAN SCALE IN ON BUY SIDE NEAR 1.1450
UP TO 50% UPSIDE, VERY CLEAR ACCUMULATION PATTERN, BUT PLEASE MIND THE STOP LOSS. THIS SHOULD PLAY OUT VERY SOON, AS BITCOIN ONLY GOT LIMITED UPSIDE BOTH TIME AND PRICE WISE. IF IOTABTC DOESN'T START RUNNING WEDNESDAY/THURSDAY, I WOULD SKIP THIS SETUP, CAUSE THERE IS A BIG PROBABILITY THAT BTCUSD WILL BEGIN NEW WATER FALL DUMP LATE FRIDAY INTO WEEKEND THIS WEEK...
LOAD UP NVDA WHEN IT DIPS. SEE CHART FOR DETAILS. 40% UPSIDE POSSIBLE IN Q1 2019.
RECOMMENDED STRATEGY SHORT SELL FROM 270-280 TARGET IS 120 RIGHT NOW IS A SAFE LONG BUT BIGGER PICTURE - VERY BEARISH! BULLISH (PREVIOUS SETUP) SHORT-TERM ONLY. SCALE INTO SHORTS @ 270-280. THIS WILL DUMP BIG TIME SOON.
SEE CHART FOR DETAILS. MAKE SURE YOU HAVE A STOP LOSS BEFORE COMMITTING TO THIS TRADE. GOOD LUCK, TRADERS!
EUR USD H4 IS A MASSIVE H*S SETUP. BUY @ NECKLINE SHORT SELL @ 1700-1720 MASSIVE 500 POINTS MOVE COMING SOON FINAL TARGET IS 1250
buy dips now target is 6800. stops near 6500.
this is for added clarity. all entries are on the chart. use SL = 20 dollars.