mantasg

mantasg

Cardano (ADA) its currently down 65% from its daily swing down. This move provides opportunity for a counter trend trade on daily chart and it will be 5 opportunity this year. Ofcourse its more depends on BTC money flow like all ALT market but there we see as well fresh lows and hodlers who traped above 6000 so there is some room for short term correction. For...

mantasg

Fridays price action suggest that bearish momentum weakening. In coming week I am expecting some consolidation before reversal continuation of a trend. On chart there is two red lines where I am expecting to have consolidation ranges and where stop zones gonna build over the week. Still will take shorts from higher levels like 1.14500 - 1.14600 if I get spikes in...

mantasg

Bitcoin started downtrend after flush of 12730$ mark, this level for now on daily chart are key level for upside while price trading below it I want to short bitcoin on pullbacks.

mantasg

BTC again at key level this level will be key for a longer term if price decides to consolidate in 4200$ -3000$ range. Another 2 scenarios is possibility to start daily downtrend if BTC makes second lower low. On chart it is red arrow down. One more scenario that btc holds this level and makes another leg higher above A point in this case it will ABC correction....

mantasg

Good opportunity for investor who are not heavy leveraged and can buy and hold position for 1-5 years. silver move down from 50 to 15 was just correction after massive move who started 2008 and ended after almost 3 years. Now after 6 years of down cycle in 2016 mid we make higher high what is first signal that market condition are changing and we consolidate...

mantasg

Before ECB tomorow there is big probability for pullback consolidation at current levels because of incoming risks and profit taking.

mantasg

Idea published just for learning purpose

mantasg

Last week short not worked with divergence and lower low this time it looks better but now I will be more cautions and will wait for clear brake of consolidation before entering market who knows maybe we will get another spike higher and current consolidation just reloading for higher targets

mantasg

I don't really trade based on indicators but this one fits with price action. and overall usdjpy trend on daily I don't know this is pullback or another leg to the lows and I don't care I trade what I see. Reasons for entry hourly pinbar from trend line divergence on rsi previous monthly low broken . Lower low finally print

mantasg

EURUSD after brexit doing actually nothing still consolidating in a triangle and those who are really thinking short heavy next week be caution because market still doing higher highs higher lows all week. On chart there is all important levels right now to watch short term this point where eurusd are now before weekly close are brake or make point. To...

mantasg

I will try to monitor and post in comments section every day my view on gold. And call some trades for future if I see them. I will use for this just candlestick analysis and daily weekly monthly swing highs lows as well as some trend lines to prove for my self one more time how important those pivots are in trading no matter you long term trader medium term or...

mantasg

Like many times I see before single high means nothing so while there is no 2 higher highs 2 higher lows trend still down. There is possibility that we have deeper correction higher (ABC) in this situation 81-80 area can be good spot to look for long on trend line retest but for now just waiting good short signal from here or another important level at 84 with...

mantasg

Key support at eurusd is 1.08. So I try to short it to the key level while it not hit and later will see what happens.

mantasg

After breakout of monthly high this pair consolidating first time so short term downside momentum possible at least to test broken monthly high. If that one fails next stronger support can be see at daily trend line 2015/09/29 low and 201510/30 low. Setup invalidates if recent consolidation will be broken.

mantasg

Like always everything starts from high time frame and offcourse clean: ***************************************************************************************************************************** Then there is some monthly weekly falling channel as well

mantasg

Update: Gold I am still holding long and planing to add more somthere in 1185 -1190 area if price at begining of the week gives nice pullback. Friday candle on daily chart small doji (inside candle) So this is caution indication for me but defenetly not short.

mantasg

Hi folks just simple plan to trade eurgbp next week best of all will be if it pullbacks higher to short it while double top target not hit

mantasg

Very intresting price action right now almost idetical to 1 month ago when oil breake 58 level what is support now will we see breakeout higher this week to make double top? or it will fail?