You see here on the 4H the EURJPY is consolidating sideways. The buyers and sellers are indecisive but I think the sellers will have Sushi Dinner because... Price is stretched far away from ma's. MACD is stretched far away from 0 level line. MACD has crossed below Red signal line indicating possible new direction. Close trade if MACD crosses above Red signal...
Is this the reversal bulls have been waiting for?
My brokers 4H close is not the same as TradingView 4H close. MT4 cross over was 2 closed candles ago so I have just entered long for 50 pips
I entered trade on a 15m morning star bearish candle pattern @ 1.1966. TP @ 1.1825 previous sup/res level. Macd Blue line is about to cross below 0 level line. Trade is good while price remains below 50 sma and Macd 0 level line. These can be used as your SL signals.
MACD Trading again, now on 1H BTC/USD. Free Money?
For those who enjoy swing trading, ROYT looks quite promising. MACD and Bill Williams 3 Lines Startegy show that momentum is entering ROYT, additionally RSI shows that ROYT is becoming slightly more overbought.
Crude has been negative 3 times a row due to inventory data. Now again US rise their drilling and is expected to be little more bearish. But technicals suggest that if crossover of macd and stochs is completed, it may make a new high. Lets wait and see. If crossover happens in a day or two, then 1st target would be 46.11 and 2nd target would be 49.71 (if lucky).
Seeing a couple confirms for EURUSD Bearish slide down today. Will see how the Sydney session plays out before posting any update impressions.
Ethereum looking to start a new uptrend on a strong bullish engulfing candle, macd cross, volume, and bitcoin losing steam,
Next leg up? LTC Macd Bullish Cross. Look to see if we can break $35 this time.
News that several major crypto exchanges (Kraken, Poloniex) just experienced ddos attacks triggering massive sell offs and margin calls cause a decent dip in LTC, ETH, XMR, and others. Looking foreward I see a strong Bullish Engulfing Candle forming near support and a MACD cross. Looking to trend back up from hear.
Litecoin has formed a V Bottom and tested support. A strong Bullish Engulfing Candle has started the rebound. I have seen Sunday mourning historically show a lull in trading and the price testing support. I am looking at the $32.20 mark as a key resistance we may break then more back toward the $35 mark. Support looks to be around $29.85 to $29.30.
Litecoin (LTC) has formed a new Bullish Ascending Price Channel on 15 minute and 5 minute candles. Support is moving up and LTC is revisiting some key resistance areas from this afternoon and yesterday. Remember the market likes to go where it already has been. Crypto's are very strong right now both ETH and BTC at ATH. Look to segwit completion, coinbase...
Litecoin/LTC has formed a Bullish Ascending Price Channel, high volume, MACD cross, and News. LTC is reaching 100% implementation of segwit, has been listed on Coinbase, and is working toward implementing Lightning Network.
Increasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.
AUD/USD is incredibly close to the long-term resistance and profit potential is becoming limited for bulls. I'm looking to short soon once I can see a clear breakout from the rising wedge. Also, my price target will be .745 to .748, for I believe this will retest the 200 day moving average. Key Points - Rising Wedge (Bearish) - Double Top (Bearish) -...
MACD divergence. Price coming off of resistance. Heiken Ashi candles bearish. Just waiting for MACD across.