Good afternoon ladies and gents, update on btc. Sadly enough if btc fails then so will the rest of the alt coins. It is absurd how fast we hit that 6800 support. I wasn't expecting us to hit it so quickly. You had 1 hour bullish divergence play out last night and you tested the .382 at 7700 before rejecting that to lower prices. That is absolutely disgusting. But...
After the bullish pin par on daily, we are anticipating a bullish wave before the bearish wave continue
1.1610 - 1.1450 is the key area of support. A bullish Pin bar can be spotted on the weekly chart. Will decide whether to Long the market when it opens tomorrow. Stay tuned.
The Aussie has been bearish against the Dollar since 19th April (or Dollar has been strengthen). 0.7505 is the key level of support. I am "betting" that Head & Shoulder pattern is likely to form **IF the coming 4hr candle closes with a long tailed bullish Pin. Will update my Entry, SL and TP in an hour **IF it is a bullish Pin. ** Please do your own due...
General overview: 1) general direction since 2010 has been bullish 2) a 61.8% retracement occurred in late-2015, and we are at a similar level 3) lower highs seen after the massive retracement, though lower lows not being tested till recently What I like: 1) the pin bar pokes through a strong support level, bullish trendline, and the 61.8% retracement and closes...
Wait for clear breakout on the 4 Hour.
Eur-Aud Rejection The LEVEL With Pin Bar . Market face the support level in Strongly mood here so we buy the pair with given levels and targets . Good Luck
GBPCAD has completed a bullish bat on the 15m TF. Zooming out to 1HR we can observe a double bottom forming at the PRZ. Two longer-term trendlines provide added support at this level. The daily TL also forms a potential bottom barrier of a triangle pattern where the first bottom serves as touch four. Targets are placed at structure high and 1.272/1.618...
Could this be happening again? H1 pin bar formation on top of the previous Daily Inside bar range and TL?
Trading Setups: GER30 (DAX) Pin Bar Buy Signal The GER30 (DAX) formed a bullish pin bar buy signal yesterday after moving briefly below 10970 key support level. In addition we can see that this bullish pin bar almost formed at the bottom line of a channel. We could see price move higher from this pin bar in the coming days. Yesterday price retraced 50% which...
The GBP/AUD pair has endured a powerful bear market since 2001, however, many correlating indicators are suggesting that we may be close approaching a confirmed pivotal change in the dominant trend. Our first major indicator was the cross of the 50/200 Exponential Moving Averages which occurred in January of 2014. The last time these indicators crossed...