EURUSD Looks to be pulling back from this demand zone. Buy orders at 1.08666 targets 1.09480 and stops below the 1.08424 zone is a likely set up. Use proper risk management.
Hello traders!
According to my analysis what I see is that traders are thinking that a crash will happen now but I don't think so.
The market is ready to rise from here.
After July 24th, 2020 market started to form a pattern and I started a trendline from the dip which was formed after the first breakout.
After the breakout of the trendline market moved down...
As you can see in the chart!
50% is left to the next key S/R level. This confluences with the classic target of a symmetrical triangle the coin seems to be printing right now..
Aggressive trader enter at the triangle support with tight stop loss.
Safe trader wait break out of the triangle and enter on retest with tight SL.
Happy trading!
So I was playing around with the historical data of XRP, I was looking for new patterns and new ways to draw trend lines and then I came across this...
Any thoughts?
*p.s this prediction is meant to be a fun joke so please don't take it too serious ;))
After closing my eth long at 218 I set bids that finished filling today. Looking for 215-225 to get out and potentially short. Stop at 198.
3 day on bitcoin scares me. Currently fighting the 200 ma.
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4H chart - EOS hits the bottom against ETH. Shortly we may be seeing a double-bottom confirming bullish reversal. RSI shows bullish divergence. Candles may cross the Ichimoku cloud upwards and so we may have confirmation of buying opportunity in the long term. Profits can be taken at different resistance levels and even swing trading can be an option to further...
thoughts... BTCUSD Looks to have formed a decent Bullish Bat.....look for the pattern to hold or for BTC to test the nearest pivot. TA on the Gartley Pattern's numbers (I think they look really promising....however I would like to get a Bat expert to confirm this).
Thoughts on BTC over the next few weeks....I think we will range until BTC nears the trend on the...
GBPJPY is benefiting a lot from JPY yield curve approach of BOJ and the resulting depreciation of Yen. On other hand, GBP is only pair in G10 which has so far maintained its momentum against other G10 pairs. This fundamental supports that GBPJPY can easily approach its TP1 and TP2 in Dec. Its a 200+ pips chance to grab for your Dec vacations.
Simple long position based on technical support line.
Fundamentals view:
ECB announced their QE program today.
Buying 60 billion euros worth of assets per month, 1.2 Trillions in Total.
Start March 2015 presumably end in Sept. 2016.
ECB says they will keep buying until Inflation rises.
Normally it means long USDJPY and short EURUSD.
Entry 118.26
TP1 119
TP2...
Very noticeable bullish momentum divergence occurring at support for VNTV. Monday brought a price action close for resuming the uptrend. A pin bar on high volume today should confirm that this level should hold, and price should look to retest its next resistance level.
