Market in last 24hrs
ETHUSD broke the support of the Bollinger Bands midline. Historically, in the short timeframe of 4H, ETHUSD has respected the midline.
Today’s Trend analysis
ETHUSD could continue its bearish momentum, and move further downwards towards the lower band of the Bollinger Bands.
Price volatility remained high at approximately 6%, with the...
Most alt coins have had a unprecedented bull run over the last 8 months (as many assests have). So caution always needs to be applied but we can see that the 50 ema has not been violated by any bar closures and we can see strong bullish action on the chart.
With a space between the entry and the next two targets
Today we are adding to our portfolio Solana (SOL) as we believe it has grown a lot since this bull run started, and it’s still at $22Billion Fully Diluted Market Cap.
Furthermore, we expect its technology “Proof of History” (PoH) to grow in value if the entire crypto market keeps growing and investors find value in advanced mechanisms. It wouldn’t be difficult...
GBPUSD has crossed the 200 EMA in all timeframes starting from the weekly chart, which gives us a nice buying signal.
I'm waiting for the price to climb back up the 200 EMA in the 30 mins chart and expecting this indicator to align with a VWAP buy signal.
Caught a nice long trade on EURNZD today.
Price returned to an area of the price action (blue rectangle in between support and resistance) at 1.76473. Around this level, we have seen bullish momentum occur and so this is a level to keep an eye on.
Once I received confirmation of rejection at this level (Close bullish 4H candlesticks) I entered a long trade...
Good morning traders and a happy Monday.
Were starting the week off with some major data events coming out of both the US and Europe.
Firstly we have the German Ifo Business climate (EUR) coming out at 09:00 GMT (my local time).
This has the power to move the market a substantial amount therefore i will not be entering a trade until we see...
My overall bias on EU today would be long.
Trend line is holding nicely.
There has just been a cross over on the Stoch and RSI is looking very bullish.
MACD also bullish.
Not the best time to buy now but after a reversal (off or close to the trend line) would be a good time to get in.
On a fundamental front this week Monday was a read day for the USD and for the...
USDCAD could be a possible set up for a short.
DXY Head and shoulders looking very likely so on the back of this we are going to be looking t get in on the action.
USDCAD looks the best set up t take advantage of this as we can see EMA cross a key area of S/R.
We are just going to be patent with this one and wait for the cross to be confirmed and a nice bearish...
Classic, simple trendline break trade.
It is good to wait for a lower low to be made for the trend reversal to be confirmed. Then I like to enter on the next lower high for a better R:R entry.
Use the 1hr 50ema and daily pivot as dynamic resistance once both are broken and the retested from below.