Hello Dear TWA family and members, Here we are at the point of history that we were talking about. At last, it seems to be we are getting the attention from the mainstream and governments all over the planet. In this analysis we would like to see the possible probable outcomes of Bitcoin's market trend on the 1D time frame. OverAll Market Sentiment : The current...
BINANCE:XRPUSD - 1D I've been pretty shocked XRP has had the rebound its seen. The fact that the SEC can take Ripple to court speaks volumes to its true essence, nonetheless it has always been a black sheep yet maintained a top 5 position for years. XRP is currently in a downtrend since Nov 24, which is marked by the yellow channel lines. The dashed purple...
As you can see NZDCHF is at a very critical area which is support now, after the breakout of the ascending channel. RISK MANAGEMENT: At 1:1 take parochial profits (1/3) At 1:2 take another 1/3 parochial. If the target breaks the previous high, extend your take profit target. If the market struggles at 1:2 close the trade.
NAKED ANALYSIS - 1:1 TRADE IDEA ENTRY: (1.1700) STOP LOSS: (1.1665) TAKE PROFIT: (1.1735) *If you see the market bounce up strongly you can extend the take profit target. The market is an a critical area (1.1700-major support) where the price reject to go lower. (Buyers are trying to get in control of the market) & we can confirm that with the 4 in a raw...
I'm stalking this one for a strike, whilst resisting FOMO. Waiting, watching and planning is 90% of the job! The action could kick off on a lower time frame. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any...
Personally, I've held Bitcoin throughout the entire bear-market, so I'm in no rush to buy more. However, seeing as we're at a critical juncture right now regarding BTCUSD, it doesn't hurt to have a plan in mind for when next to dollar-cost-average or buy aggressively. The chart shows where I believe bitcoin could go in the coming months, and I've indicated where...
finally fkli has come to a decision point/critical point, where it will break higher to retest 1620...or move back lower to 1560 support level... this is the resistance level of 1587-1594 which it has retested multiple times in the past... so watch out for breakout...! IF break higher, long...IF breaks lower, short... current resistance : ...
not looking gud for fkli as more lower-highs are formed in hourly chart...IF the breakout of 1486-1490 happens, we shall see more selling pressure...the gud news is, june is " windows-dressing" month...so probably we will see some uplift during the last few days of the month.. immediate and critical support : 1486-1480 immediate resistance : 1515 - 1520 ...
Looking at this pair the AUD/USD price is consolidating in a key area between the 50% level on a Fibonacci retracement with highs dating back to 2018 (0.8000) and low (0.5800) March 2020. Fibonacci levels match up almost seamlessly with previous highs that have been tested and retested multiples times which can easily be seen on the highers time frames. One...
Nobody knows where price will go! In these sort of zones anything can happen. I always look to higher time frames like these to understand any price vacillation on lower time frames. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous...
Hi, The bearish view is we have been making a r shoulder of a h+s and each day we have made a lower high. 2900 is critical ground for the market right now. My positions are net short. But I have to consider that if we break above 2900 then it is likely as what the ma's are confirming that the uptrend is in play and we can go for new highs. Alex
Hey all, As we can see the contago play is off and be aware that the street is always smarter than me and you and the good Q1&Q2 were already baked in the price. Oil production has been reduced a lot therefore it's price has found a balance over the last week. As more people return from lockdown demand will slightly rise but still with so big production cut i...
Did I say 'controlled loss'. Yes I did! This is also known as a stop loss - for those who wish to short, and can afford it. If one cannot take the loss, stay out! You've been told. In other words if you lose your money, sue yourself. I do not avoid the issue of losses. I'm going to bring it up more and more - as it is the main thing to be controlled in all...
Gold could be ripe for a short. No guarantees. Disclaimers : T his is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
When daytrading we sometimes tend to forget to look at the bigger overview. You see the significance of the level we are attacking right now...? If we break this then we break the downsloping triangle were in for 7 months. This could be a major step on the way op if we can find support there. So let's try to test the 7138 level today, massive resistance...
Quick message to say keep a tight stop loss... Things were looking great until recently. Today we saw ETH 7 week ascending channel break and currently looks like it has converted the bottom of channel into resistance now. Whats worse is that BTC broke down out of its channel several days ago and appears to be forming a descending channel now. One thing we can...