Hi! Nano shows us some good trading opportunities. While Bitcoin is piling to the next highs. The altcoins seem to be looking for a good breather, on the daily chart, analyzing the RSI indicator it is possible to notice that the Nano made a low while the RSI indicates a bullish divergence. Based on this information, a reversal can be considered. In the 4hrs...
AUD/JPY has formed a bullish momentum divergence at a long-term support/resistance zone (defined by my algo - see Related Ideas for more info). Short-term support is in the 71.50 area - so look for a retest of that level. It could be a good entry point. Short-term resistance is in the 72.30 area. Once that level is cleared there's not much until we start hitting...
This is a swing trade. It will probably take around 40 days to play out. Entry: 108.20 Stop: 101.30 Size: 1 contract Target: 130.38 RR: 3.21
For the harmonic traders we are forming an ABCD patter with the potential entry point being the 0.618 Fib level coming down from a zig-zag correction for the Wave traders. As a target area I am measuring the A-D leg and using the Fib levels from those 2 swing points. Stay tuned for the updates! Follow and leave a like if you liked this idea and want to see more! :)
Looking for GJ to stay within pattern and make a move back to 140
As is the case with many other alts, Gulden (NLG) suffered hard from BTC's bullrun. Now has the time come for Gulden to shine once again. Looking at the 1 year chart and the MACD, MA-cross and the RSI, we notice that Gulden is almost on it's way to the 300-600 sats region. Buy at these low sats as we are heading towards the first resistances at 350 and 500 sat....
All description on chart. Don't forget to like and follow. Thank you.
I would've hoped for a stronger breakout coming out of the ending contracting diagonal so that makes me believe we could come once or even twice more back down to test the lows, maybe forming a double / triple bottom along the way which could in terms initiate the move to the upside. Let's see :) Follow and drop a like if you found this idea helpful. ...
Hey Guys, I thought I would try out the video feature on Trading View. Excuse the background noise. As the video hasn't been scripted and it's difficult to explain how I frame the markets without spending over an hour going through it in detail, I did my best to convey my outlook on the EURUSD. 1. Larger shorts are still in play and have not yet failed. 2. One...
There is a double bottom with a neckline resistance around $8020. This aligns with the long term support bounced off on May 26th and May 30th. We are placing a limit order to buy to open on penetration of the $8020 resistance. The height of the double bottom is $430, so our price target is a projection up of equal magnitude. This gives us a price target of roughy...
We created nice squeeze which can mean that is time for the second touch of the bullish channel. Price should continue the move from September 2018, Current situation is price resting-buyers taking profits and other buyers jumping in. Also, I can see a lot of wicks on support zones which only means that buyers are taking off. For this moment I want to see a nice...
Last week we posted the triangle pattern before the upside movement! Link on related ideas. 4H CHART EXPLANATION: Price broke the triangle pattern upside, so we can expect a bullish movement towards the Resistance Zone at 360. Anyway, there may be some corrective movements on the way, so if you trade it, you should place your stop loss in a safe place to...
1H CHART EXPLANATION: As we explained on the 4H timeframe, price is now on a corrective structure of the previous upside movement. We can observe that is on a Triangle Pattern, so we will wait for a breakout to take long positions towards the next Resistance Zone. 4H CHART: *Please note that the above perspective is our view on the market, we do not...
Price will rise since now, or if it breaks the Daily Support line will get to touch the Uptrend Weekly Line and so it'll rise to Fibonacci Levels.
If only every single trading day was like this one. 15 minutes in and I was able to call it a day. A very nice follow through right as I entered the trade, the market never looked in the opposite direction. The thing I have to improve on is when I'm scaling out to maybe leave the last portion run a little more instead of setting a "hard target". Hope you...
- Bullish on NYSE:VSLR - Stock broke above a short-term symmetrical triangle pattern. - Prices are supported by a rising trend line - MACD broke above the signal line while MFI is turning up (>50) - On a weekly chart, the stock is trading within an ascending triangle pattern.
possible short till the marked level , then long till the resistence ( eventually a new high ) let me know if you hoppin on this one ,cheers !