Don't really trade btc, but I was going through my charts and recognized one of my favorite setups sooo.
The Euro looks to be setting up for a very big short back to breakout. RSI Divergence after divergence along with a double top forming + an additional stop run which could possibly be smart money taking short positions.
Will take this on the 15minute or 5 minute when it occurs, we'll see if it forms. It is one of my favorite setups.
Looks like a falling wedge is forming on GBPUSD. I will not be taking a position yet as there is not an officially demarcated support line.
I missed this double bottom, however, it appears that the break of the top of the channel has caused a pullback setup.
Not an amazing setup but I'm taking it nonetheless.
Trying to enter on a limit after I missed a trend continuation entry. Hopefully my order gets filled.
This looks like a great long setup as it looks to be forming the right shoulder on a very long setup. However, you must be wary of the 50/100 moving averages acting as dynamic support. If we can break through those then it should be a strong ride up to complete that right shoulder.
This is an amazing position to take for a long term trade. It has been forming an ascending wedge for a while now, and has finally failed to reach the top of that wedge, signalling a movement of price downwards. We also have a double top and an RSI divergence which is one of my favorite setups. This is also a strong weekly resistance level, and the weekly is...
I'm beginning to see an inverse head and shoulders setup, however, EURNZD still has the potential to break lower out of that long term trend channel, especially after already breaking out of the recent ascending wedge, keep your eyes peeled looking for a move that allows setups in either direction. If the inverse head and shoulders does complete then it will...
SGD/JPY Looked like it was going to break out of the long term trend channel but had no backing, and now it's looking like it's setting up for a long position. The RSI is showing some minor divergences and price has double bottomed. It very well could head lower, but I just don't think it has the strength anymore, even after the retest of that trendline. Keep your...
DXY looks to be forming a descending traingle, I was hoping it would double bottom and catch some support but it doesn't look like it will move past the third touch of that trendline.
Looks to me to be the beginning of a cypher pattern.
I typically would not trade this signal, however, it has an almost engulfing candle at long term support. The candle does not engulf the bottom though so I wouldn't necessarily call it engulfing. It is also a bullish sign that the wick did not make a lower low so I am expecting a strong move. You could also make the case for there being a harmonic pattern on the...
This is a massive divergence at very strong resistance, looking to take a long term short position.
GBPAUD is beginning to break the base of it's ascending channel and appears to finally be ready to make its move down. This has been a long setup, and I look forward to attempting to get a swing trade out of it.
Keep your eyes peeled as the DJI looks to either retest that minor high and head lower or possibly make a short term breakout past that most recent high.