Here's what I think might happen next with Chainlink. We have the 12345 followed by ABC very frequently here. So after this clear 12345 EW structure that makes up the 5th wave in the grander (maroon coloured) line, I believe we will have a bigger ABC now.A Previous resistance should act as support until EMAs cross over again. Hope this helps! Please don't...
BITFINEX:XLMUSD still looking strong after my last post where I PERFECTLY called the target of the bullish wedge. That one was pretty popular so this is the follow up. After a retracement, it's moved up back to the resistance. If it breaks above the support and confirms it on the H4, then we're good to move up again. Extra bullish bonus points: if this current...
Hello everyone. Like many alts, XLM is forming a bullish wedge. Buy zone is between 9c and 10c as this will act as support and resistance near to the breakout. Why exactly 9c and 10c? Simply because they are round numbers, and round numbers in crypto are often psychological. Entry at 0.94 would be good as it could be a strong double bottom for this pattern to...
The chart says it all. Its so standard its scary. Im just tired of seeing news saying "omg why is it dropping?" or "unexpected drop".
This is a easy short trade on GBP/AUD Thank me later ;)
Here we have an inverse head and shoulders, a second last kiss to the broken trendline, a supply zone, AND bullish USD fundamentals. This should be an easy swing buy, with TPs at 114.800, 116, 118, and even potentially a new high for the past year, depending on data leading up to the rate hike decision and then the decision itself in March.
2 Moving Averages, MA11 and MA31, close. Safe gains, stop loss at break even. It's not every penny you could make but it is a safe way I made a few bucks last week while testing new ways to spot check another system/method I am using. $52 worth of gold movements last week wasn't too bad for a system so simple. Enter/close when the two MA's cross. If they are...
Hi guys! I'm back with another trade here this time on USDCAD, We've come to the decision point here and in the next 24 hours we will see which way this pair will head towards. That's it for tonight! Remember to leave feed back and comments as they are always welcome. Happy trading, Bio.