Hi everyone, please see my chart analysis The AUDUSD looks like it is going to be a seriously good instrument to go long on shortly. (note I am already long on this...)
To me it looks like the bears could be pooped on Bluescope. Watch for more confirmation of a turning point and go long
The GBPUSD has turned sharply on fears around the economic stability of the USA going pear shaped. Get some NOW
To me, Telstra or TLS is looking AMAZING. What a beautiful steady trend. For this reason I have purchased at the money calls expiring Dec to try and take advantage of this move.
To me this looks like a linear trend, atleast on this short / medium timeframe. See the attached chart that I believe describes the trend nicely. Looks like the current rate of change is 2000us / month. It will be interesting to see if this increases in the coming months. If so we could then infer that network effects are at play causing price to accelerate.
Hi everyone, it might be time to buy in again here. We have broken out of a descending wedge and we are back above the ichimoku. You can set a tight stop just below the base of the wedge to mitigate risk. Mine is just below 7k.
The AUDUSD is close to long term lows, and is now forming a reversal pattern. This looks like it could become a nice trade!
My analysis is this: BTC to retrace and find support at 7000 I think BTC is bouncing around in a channel as pictured Anyone agree? Please comment and follow
Volatility Breakout! BTCUSD This is a beautiful example of a volatility breakout
I'm still solidly bullish after milking this trade all day with astonishing leverage Since the run has started to show some slowing I've halved my leverage and widened my stop to cater for possible retrace and continuation. Has anyone else had a mad time trading this?
As per BTC's current trajectory and bullishness I will now revise my previous statement of BTC can reach 10k by the end of the year to BTC can reach 20k by the end of the year. The question is, should we now be leveraging up or down? Should we just hold our position and watch? Should we take profits? I'm starting to think that this is like a poker hand where we...
BTC has formed new support, I'm longing here with a stop at 5828. Damn this has been fun :)
I am reading and seeing a lot of analysis on bitcoin suggesting that it is going to retrace soon. I'm seeing no evidence of this. It looks to me that BTCUSD is in a steady accumulation channel. The latest dip is very much correlating with this channel. Stay long people!!!!!!
Price has passed and then fallen back to the top of the channel. I've exited my 6 X leveraged position at 5725 (established at 3,300) here for a little breather. I might regret it I know :) My thesis is that price has over extended and will retrace back into the channel. Lets see how it goes. I'll be looking to buy back in (heavily leveraged) at right time :)
BTCUSD has some support on the 15 minute. My setup is: Add to my position of we cross below 5594. Price should bounce off the support Liquidate position if we fall below 5501 and wait for resistance to re-buy
According to BTC's current price trajectory we should see it challenging key resistance levels very soon (as per the chart). 6000 is a possibility by the end of the month.
Hi everyone, I think we have see yet another confirmation that the bulls are in control. The price is bouncing back nicely after the FUD caused by the Tether shenanigans. These are gooooodddd signs. Technically the chart looks great. The price has moved nicely back into its accumulation channel.