Please do not laugh, fairly new to trading, need some rep points so can chat to the other traders on here. I have so much to contribute. Monthly close on BTC, today, If we close below 28900 usd then we will form a hammer pattern signaling a top has been formed on the monthly, this could bring BTC down to 13800. On the flip side, if BTC closes above 40000 usd then...
Again, very new to all this and still very new to making my own analysis’ - just looking for honest constructive feedback.
Possible long set up on the EURNZD on the daily chart.
Couple of rejections at resistant. Will look for further confirmation on the support before I look to place a trade on this.
Risk/reward is sitting at 3
Let me know what you guys think 👍
more delays for brexit should see big gap down and a return to retest previous lows.
if deal is agreed then we should see gap up and continued strength in the pound.
honestly, i have stopped day trading the pound, it is very volatile and now looking for longer term positions.
As a young person in the UK i feel my views have been forgotten about. To anyone over the...
For observation only, looking for market to sell for many months to come after forming a double top...
If you're already in buy, may want to exit, if you're out, consider a sell and make profit over the next year...
Hi, I’m very new to this and still learning so any feedback is accepted.
Do you think this is a potential bullish or bearish pattern?
I personally think it’s going to come back to the support line, (previously a resistance line) and bounce to the resistance at the top of the channel.
Please please comment let me know your ideas or if I’m doing something...
On my previous post I stated that there could be a downside movement for this pair. However, there was a large amount of upside movement which looked like it was due to noise or news which has been released. As seen yesterday there was some news released for AUD which may have sparked the current increase in buyers.
I feel that the noise period is over and a...
Still learning but this seems to be a possible bat pattern if all targets are met and X to A hits the 0.886 retracement as shown.
I am still learning so any advice or constructive criticism would be great!