Fast approaching a fair amount of support with potential zone for entry, taking profit around 11k. Stop loss below the 200MA around 9850. Long term, I still think the resistance is too strong for the bulls and a long term bouncy ride down is in the offing, but I am open to offers. Caveat: I am not a professional trader or adviser. Do your own research before...
A solid risk vs reward trade looks to be setting up on the Bathurst Resources chart. We are seeing the 200 day MA and long term trend line looking like meeting at the volumetric support zone of 13c The trade is it plays our will be entered at 13c with a exit or 16.5c on the first likely resistance point representing a 26% move from entry and a 1.75 risk/reward ratio
AN came off the 200 on the daily, and .764 fib extension of its swing pattern. There is a setup for entry right now. If it goes it goes, if not fine. I ain't risking much. Looking to scalp it to about 108 level at that high and get to break even see where it takes me. If it pulls down to break low I'm out, looking to get back in. I think this will be longer term...
Bitcoin following the downward trend, I've highlighted entry points that I personally have put orders in, the correspond with resistance zones circled previously. The downward trend broke through the 100-day Moving average in a big way but seems to have bounced near the 200-day MA (purple). We will see whether this is the bottom bounce or whether we will continue...
Bitcoin is currently sitting atop the strongest channel of 2017 (Green Lines), a strong previous resistance that has now become support. However, after a failed bullish symmetrical triangle off the ATH, we can now see a bearish triangle being formed at this support (dotted lines). BTC has failed to maintain above the Daily 100MA, and has a history of bouncing off...
slowly getting wet here, support is weakening .. selling seems excelerating. at this point it's likely that we test prior breakout at $7500 take notice 200ma has been catching up perfectly to it, that bounce gotta be epic.
I spotted this idea on the weekly chart but there is important detail on the Daily. So we have price action having been kept below the weekly 200MA and then sliced through the rising trendline it has turned and come back up to test the outside of the trendline which is also near to another touch of the now falling weekly 200 MA. Looking for a Fibo 38.2 (RR of...
5-0 bullish formation is possibly ready to drive price to 1.71 area. Divergence is in play both on RSI and MACD. 200 Moving Average holds nicely. Buy order valid after the trendline breakout. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate...
The last move up will complete the first bullish impulse with a fake out close to trendline. Continuous divergence on the MACD will potentially drive price to the support area of 200 Moving Average, before the move up. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your...
Hey guys, Yesterday BTC/USD broke 200MA and went further down. MOMENTUM and RSI are sill not overselled, so just be patient and wait for the right moment to buy. The bounce back at 9AM 1H Candle failed so it should go a little further down.
This was an agressiv seller move, but we just hit the 200 MA and bounced back.
See chart for details --------- Brought to my attention by PKA
Based on Resistance, 200 MA bounce and price being at a top of a channel, and a compilation of ABCD pattern I believe USDJPY will be going south. Lets see what happens. Happy monday everyone!!!
The 200 MA is providing resistance and the 50 MA is providing support. This is most likely a flag pattern, and the ADX is about to go green so will most likely be bullish. But, since the earnings report is coming out today, I have chosen to create buy and sell orders.Also, due to past earning reports the volatility is very high so I expect the same to happen.
ENTER 31.31 STOP 31.92 TARGET 22.98
ENTER 63.85 STOP 62.88 TARGET 76.63
strong move above 200MA and 75 day high focusing on simplicity EOD price and price action
FX:GER30 Safe Trades;