(GBP/CAD) formed Flat Top 4hr, momentum stochastic is overbought, momentum squeeze hope to form red bar, vwap still not in overbought zones. watch out for day range etc.
This overview is purely a market trend analysis. This not an analysis saying we are only going up from here. Also, this analysis is done on Bitstamp, checking the other markets as I wrote this, the points I show are visible on the other major exchanges. We are seeing a few very important bullish signs for the first time throughout this correction. However, this...
GBPUSD has become oversold after yesterday's breakout. This can be verified using Connor's 2-Period RSI on the daily chart. Chris Moody's Slingshot System shows an aggressive entry opportunity. I recommend going long for the next 3 or 4 bars (8-16 hours) as GPBUSD pulls back from the overreaction. Recommended SL: 1.406 Recommended TP: 1.416
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Up? FOMO? Higher? MOON?!? Down? Bear? Crash? DJIA? There is a ton of nonsense out there guys. A ton of people trying to tell you how to trade. Whatever side you're on, I think you should hang out. Things are starting to look like there is some positivism back in BTC. If you're long here, stay long -- I don't see anything to turn you around. If you're short...
The "S&P 500" rallied so strong with a 1% daily gain four consecutive trading sessions in a row for only 15 times since the "S&P 500" exists according to Bloomberg. The Connors RSI also shows a very high value, last seen last October. And the current trading day (Wednesday) closed at the highs of the session, which will create pivot points which be difficult to...
Hi to everyone! I would like to share to you an excellent method for trading BTCUSD on neutral and long positions. I use a MA30 (moving average of 30 periods) + Elder's Bull and Bear Power indicators on H4 or D. Buy process: When MA30 changes trend from downtrend to uptrend + candlestick is over the MA30 + both indicators are above 0 level = BUY Sell process /...