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- Downtrend forming
- Below support
4 hour is SCREAMING for a big dump, right at the descending triangle resistance
Bloody weekend to wash out the noobs who think it's going to break out.
Hi Traders, Hope you are all well. This is My current view of XRP/USD
- I belive we have Made a clear impulse to the upside from $0.25 - $0.80
- Followed by an ABC Corrective Wave and we are ready for upside (I also follow the fundamentals and partnerships of Ripple the company and their actual product is now live XRAPID)
- Also we are now on the way to ...
Low looks to be in, key stops taken and Daily open retest success.
Looking for a bull run
The exchange rate can start building a fractal movement. It is also probable that this will happen if the fractal structure that is being built is twice as large as the preceding fractal. Therefore, the first wave structure is expected to be 0,4090 usd. Then correction. The second wave is expected to increase significantly.
Alt Shark. Wait for entry reason within green box. Target at .382 & .500 C-D. Stops will be ATR based once trade is open.
We have a potential strong bounce from the structural point on EURJPY.
Over the last few sessions, we have seen price printing lower lows without fully breaking lower, this scenario presents to us a high probability trading opportunity.
We have a structure at 129.13 which has been tested this morning. If price continue to rise and close above the 129.68 1WCLOSE we ...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=112.3.
But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=112.1.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of ...
Got short @ 1.1537
Spotted a gartley on GBPUSD 1H chart, long to ~1.31600 level. Also bouncing off current trend line.
There is something interesting going on in Canada. And it may become a serious argument in favor of future CAD appreciation.
This Monday Business Outlook Survey was out confirming the robust business prospects even before the NAFTA deal was finalised. It means that we would see even more optimistic outlook within the report next month.
What does it mean? It ...
afetr a nice pull back at 38.2 i see price going back down following it's initial momentum from when it started to sell around 114
618 fib bounce. bearish overall trend. previous support becoming resistance highlighted in the blue box. break of the reversal pattern followed by small correction on smaller time frame. first targets looking for the bottom of the pattern with possible extended targets if all goes well