p_ostr

p_ostr

> SL on lesser timeframe > TP not set yet, I will decide where to put it after testing the support of 81.275 icmarkets.ctrader.com

p_ostr

as in title

p_ostr Updated 

asdasd

p_ostr

sl 80.080

p_ostr

icmarkets.ctrader.com

p_ostr

holding onto it, high reward low risk

p_ostr Updated 

Decreasing volume and oversold RSI resulting in lower high may be the sign of trend reversal towards the bottom of the wedge. There is a possibility of a consolidation without a lot of pullback and breakout, which may be accelerated by the coinbase news catalyst. However, without increasing bull volume on the daily and four hourly timeframe it is not the likely scenario.

p_ostr

asd

p_ostr

overextended rsi, low risk high reward entry now, sl 60 points higher

p_ostr

Clear H4 equilibrium with a tightening range, ETH stronger than BTC.

p_ostr

RSI at extreme levels, MACD about to cross. If we are to continue the bullish trend, a higher low has to be formed anyway. Also on lower timeframes there is a clear divergence.

p_ostr

62 USD on the stake, aiming for a couple dozen pips It is kinda risky, but I have a feeling for this one. horizontal line is my entry

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lul

p_ostr

e: ~0.96220 sl: no sl, RSI would reach extraordinary values, I don't want to sell into that. If we see that scenario I will add up to the short. tp1: ~0.95850 tp2: will update later H&S pattern forming on the M15 with bearish divergence (lower high on the RSI/MACD histogram, higher high on the chart) indicating loss of momentum and possible continuation of the downtrend.

p_ostr

ent: ~0.96220 sl: no stop, if we see a break of the downtrend line the rsi will be at extraordinary and I don't want to sell into that. tp: ~0.95850 Worth noticing: there is a H&S pattern forming on lower timeframes with bearish divergence (lower high on RSI/MACD histogram and higher high on the chart) indicating loss of momentum and continuation of the downtrend.

p_ostr

indicators: rsi+macd+vol+ema(22,9) drawings: fib trendline

p_ostr

short entry: ~1.30750 sl: 1.30950 or on the higher low(more risky, watch the bull volume) tp: ideally at the bottom of the price channel

p_ostr

entry: 1.31200-1.31250 sl: 1.31260