Bitcoin Update Spent most of yesterday buying dips from around 14050 and higher, looking to increase on a break of the neckline of what has turned out to be an imaginary reverse head and shoulders - and again on the break above another imaginary flag formation which was then sitting at 15500 with a stop at least 100 points below the line. So we blew 150 or so...
Looking to Short Audusd if we have a retest of the upper resistance. We target the clean lows zone.
We have clean lows on friday. Right below we have the fresh h4 orderblock. looking to long to the important 1300 level for a retest.
CME_MINI:NQ1! Sell the new tick highs, as you can see there's no real momentum this past week, don't stay long but take profits!!
Finally BTCUSD is at a new all time high which was expected to happen after we recognized end of a corrective set-back in middle of July. So far we can see a nice trend up confirmed by higher swing highs and higher swing lows; ideally that's an impulsive trend in progress, currently sill in red wave 3 which can see extension up to 3600/3800 area while market is...
Short term Long into Resistance, Short Retracement to Lows, then Long to Next Resistance Highs. Trend basics tell us that Up Trends are formed with Higher Highs and Higher Lows and for Down Trends we have Lower Highs and Lower Lows . By marking the Highs and the Lows - Near, Next and Far - they serve as price points that need to be breached and then...
Hey guys, havent been around for a while and will not be as active as before but i thought to myself this would be a nice trade to share with you guys. Lot of fib confluences and a weak NZD lets us stand a greater chance that this pair will reach its pre-brexit low in a year. The orange lines are area's we might run in to problems at as well as the fibs. Entry...
Possible long on this pair, NZDCHF. It hits the downside of the uptrend tube. First safe target is around 0.7183. There could be a point where the support becomes a resistance. Next target could be the Highs, around 0.7300
NZDCHF has closed below the middle Bollinger Band. RSI is below 50. SL set at 60 pips. TP set near previous lows.
after failure to make a new low,we have a channel breakout,maybe we will have a nice uptrend now.
1) Expecting a pull back into Daily resistance zone @ 113.847 2) If Daily resistance zone @ 113.847 holds + break of trend line expecting shorts to lower bounds of the range @ 112.35 3) Downside target ~ Support zone @ 112.354 4) if downside target @ @ 112.354 is achieved and broken will watch price action in this zone for further shorts towards 110.939 zone
NZD/CAD shorts nearly in play, waiting for the close of the second bearish candlestick to go short on the break of the TL. Down side targets of 0.93100. 1:3 risk reward, lets see how this one plays out!
Double top formation showing strong resistance at around 1.07524. From the second high point on the double top there has been an MA downside crossover and a strong bearish movement down to the weekly trend line support which we are now sitting on. We could see a break of this trend line and see new 2016 lows or we could see a potential bounce from this trend line....
Hey Traders, I'd really like to know what any Faders think about about this chart. July 2016: Lowest Low Recorded Ever. What do you think is next based on your experience and expertise. All opinions are welcome!
I will try to monitor and post in comments section every day my view on gold. And call some trades for future if I see them. I will use for this just candlestick analysis and daily weekly monthly swing highs lows as well as some trend lines to prove for my self one more time how important those pivots are in trading no matter you long term trader medium term or...
On the monthly chart above i have posted key points in previous years where the pound has taken a dive against the dollar. August 2008, the recession hits, the value of the pound drops from nearly 2.00000 to 1.35300 in 6 months. August 2012, the economy enters a double-dip recession after two consecutive quarters of contraction in the economy. Now, late June 2016...