AUDNZD is trading under 50sma in H4 chart, a sort of double bottom has been formed (It is exactly a bottom failure swing), I suggest waiting for a breakout of the small resistance in order o open a long trade; RSI must have broken level of 50 before considering the opening of a long position. If price does not manage to break resistance we will wait and we will...
Bitcoin reacting very well to my plan I made month ago (). Broke out the wedge with volume on a daily. Currently consolidating in a smaller wedge above the down trendline, touching strong demand zone, touching 200 MA and creating SFP there. Could go lower but this is a must buy for everyone with a tight stop.
In today's #marketinsights video recording I analyse #GBPUSD and #AUDUSD Pound Lower on: - Highly complex proposal for a double customs system - Nothing substantial or "workable" submitted to EU Aussie Lower on: - Tradewar shift, again, as tariffs part of the limited deal - Phase one not documented, China needs confirmations Stavros Tousios Head of Investment...
AUDNZD - Possible longing opportunity. Last two days have tried to close below the 1.07 even handle but failed twice. AUD seems to be gaining in strength the last few days of last week noticeably against the USD. Once i get my signals of a long i will be opening a trade. Any questions feel free to drop me a message or a comment and i'll be willing to offer...
Very simple trade setup. We have stops taken out in a supply zone with an SFP. Three targets. Keep it simple
The trend lines depict the overall trading zone. I think GBP/AUD is in the perfect Buy position and that is just my opinion. As traders I also think it's important to build a community of like minded traders. Let's help each other out to success. I think the journey will be much more valuable . Good luck traders and let me know if you think I could do...
While the bullish fervor may have stirred me a bit, the bullishness is definitely gone with the failure of the Adam-Eve pattern. As you can see above, I made a failed trade at the beginning of the day, small position, and a successful trade right after, large position, which made my week on a Sunday; not a bad turnaround from being deeply red, and almost stopped...
Hello Crypto-Traders/Analysts, BTCUSD has created an inverted Head and Shoulders formation lately; it is a bullish-reversal price pattern. However, the pattern has been violated recently by the price falling below the right-shoulder's level (intra-daily). As a result neither the inverted pattern, nor its failure, have been confirmed yet. That being said, i am...
DAX has been lifted off from the 11100 low after a false break down. However, the long term structure is still bearish so long as it is not able to stand back above 12000 key level. Therefore we are looking to re-exert the shorts when the time is right. One of the possibility is when DAX meets the potential resistance offered by this down sloping trend line. I...
I'm ashamed. Embarrassed. I don't want to tell people I dabbled in crypto. The main reason is the weakness and lack of faith within the crypto community itself. It hamstrings itself at every opportunity; shorts constantly, can't sustain bullish activity for more than 5 contiguous minutes. What are you doing?? Collecting 1% and day trading. Recent studies show...
The I.R.S. has been rather clear about their intentions to collect taxes on cryptocurrencies , yet vague about in what fashion to do so. Many in the crypto community bought some of their first coins on coinbase basic, despite their exorbitant fee's and wild point spreads , and coinbase as well as coinbase pro (gdax.com) , being U.S. based companies have been...
A weekend sell off , something that happens with regularity , would at this time be DEVASTATING to the community and future of crypto , decentralization , and everything that decentralization stands for. Decentralization stands for ideals once heald as canon , writ , and close to heart. Freedom is something that many have died in the act of it's preservation....
BTC failed to invert the trend and bears took the lead. Bad news for cryptotraders. I suggest not to trade in this situation.
BTC will fall down to new low.
Market has been in a range from the 1.163 level to 1.207 level. Price action towards support at 1.163 is clean. Price took out the previous candle structure low on 7 Nov 2017. There was strong price rejection following this. Sellers who short the break of the support are now trapped, many would sell off their position when price goes to breakeven, fuelling the...
Big fialed flat has been ended. If the trendline in RSI croses, price fall down with selloff.