giltwenty

giltwenty

We have a continued daily bear trend. We closed below previous structure and now pulled back to retest it. Lower risk entry for a short following the downtrend. The break in uptrend was the ideal entry but the market structure is still bearish. SHORT Stop loss above previous high.

giltwenty

Double bottom on the daily chart with nice RSI divergence. bullish engulfing off the support Nice HH HL on 4hr with RSI divergence also Inverse HS. Down trend broken. target at daily downtrend. if daily downtrend breaks long again

giltwenty

78.6 retrace held after impulse up. Long if 20ma holds after close. trendline for last support. wait till close.

giltwenty

new market structure forming on 4hr daily uptrend long to previous structure

giltwenty

long now break in trend

giltwenty Updated 

good RSI divergence here look for either close above 1 hr res or= buy back at same 1 hr res level double bottom on 1 hr support= wait for higher low. if we close below= dont buy.

giltwenty Updated 

Bounce off 50 ma. long wicks to the bottom= buyers controlling this area. Buy @ 2877 we should at least see a return to 2900~ Stop @ 2850 2.7% capital @ risk.

giltwenty

The dollar looks to have topped again. Sellers are controlling the 61.8 fib retracement area on the daily chart and we see a triple bear hammer at this region. The 6hr shows massive RSI divergence. The 20ma on 6hr has been broken. Short with stop loss 2.5 atr. 5% capital at risk with stop loss.

giltwenty Updated 

DXY has retraced to the 61.8 on the daily chart. Sellers controlled this area. Looking on the 2 hr chart we have closed below the 20ma. Nice RSI divergence now. expected a wick off the 20ma where we will place a short.

giltwenty Updated 

XRP has a big surge in price. Daily is still corrective. We need to see a close above or on the 4hr 20ma for bullish action. If we close below we have shorting opportunity. However the 1hr close below the trend would indicate bear trend and a selloff would occur Wait.