Speculative short play on the 50/200 MA resistance.
This trade failed. Why? Because it was against trend. There was 2 different harmonic patterns - thus wide PRZ. And I hadn't plan B.
HEY ALL, We are very close to seeing a Bullish Cypher pattern completion. Looks like we just missed the Bat pattern in Yellow, or it might still be setting up, we never know ;) Stops below the X leg of the Cypher pattern. TGT1 0382% TGT2 0.618% Good Luck!!
Bitcoin is at a huge juncture at $300 and it looks very close to breaking through. Plenty of room for upside and once it cracks that $300 mark, it's on like donkey kong. Depending on the risk you can handle, you can pick a stop-loss at various levels. I'm personally keeping a pretty tight stop-loss below the breakout zone on a 2h scale because I believe this is...
200 MA bounce long. Not really an ideal trade but just for speculation purposes.
Speculating some continued downside with Greece pending. UPDATE: This turned against me really quick :(
Loking for an extended short play. UPDATE: Bad call all together -_-
Trend breakout continuation. UPDATE: Breakout chasing is no fun.
Looking for a bounce to continue the downtrend off the 15 EMA.
It's going to be a bit of a battle with EU but I am expecting shorts to overcome after the longs battle to go above 1.12(15-20) way too many times. UPDATE: Was 1 pip away from at least getting a breakeven point but this trade was a bit to conservative. Oh well, no use crying over spilt milk.
Looking for a bounce off the pivot point but not an extension beyond the 200 ma on the 15min chart. UPDATE: Too greedy with the tight stop loss.
Clearly I love punishment going in on this trade for the 4th time today but at least I like the potential bounce. Pure speculation and slightly emotional play (Hey, I'm still up 15+ units and I'm human).
This pair has brang me nothing but pain but taking 1 more crack at it today. Looking at the .618 bounce with a trend line support just below it.
Looking for a bit of trend continuation. Potentially too early to make this call but speculating on it's continuation.
Better entry for the previous long position with a better risk/reward. UPDATE: Another loss. UJ just in my favor today.
Looking for trend continuation after breaking above resistance. UPDATE: Quick loss, going to look for a better entry.
Better entry. Better risk reward. Should have been patient. UPDATE: Huge spike stopped me out quick.
Got in about 5-10 pips too early I believe but looking for the bounce back down from the .618 - .764 zone on the 15min down to the .236 zone. UPDATE: Got in way too early. Was not patient.