I'm trying to make sense of this breakout in btc. some questions, do I have my channel drawn right? the old resistance becomes the new support right? do you guys agree that it is meeting resistance at 910?
Publishing a potential reversal in gold, offering an initial 6.8 R/RR i think NFP tomorrow will ultimately determine the direction of this. Would be happy to short if 1250 breaks as the risk / reward simply inverts and offers good potential. Looking very oversold on the RSI but it has been lower in the past. Also, we are on our 8th consecutive down day, which...
Publishing a potential gold reversal with an initial R/RR of 6.8. I think NFP tomorrow will ultimately decide the direction of this, would be happy to short if 1250 breaks tomorrow.
I watched price stall at a resistance level ~102.586, unfortunately missed a move I was contemplating on trading down to a previous strong support level ~ 101.00. However, now that price is in this, what I think a very strong support zone, I'm going to wait and watch where price goes. There are 3 possible set ups I would look for, and all 3 are a bounce off a...
noob warning - I'm a noob. consolidation, pump, retrace, consolidation, pump, retrace, consistent pattern of all time highs would be confirmed with a 3rd all time high in a row, and likely give enough confidence in etc to break trend and go even higher. at the moment going for 0.007* but depending on momentum might go further. I'll consider opening eth short in...
My first published idea (still a novice), but looks like GBP/USD heading for bullish cypher. Risk reward around 1.4 - 2.4
From what I am expecting is that the GBP/USD will consolidate in this 1.40-1.435 zone (unless there are some new fundamentals, and with Brexit 2 weeks away I will not be surprised. This is the zone I am looking to trade the GBP/USD in, until it breaks out either way. Anyway, expect lots of volatility next two weeks. This week is also a big one, so anything is...
$GDX Looks to me like it is going through a 2 and half week to 3 week consolation cycle before continuing its rally, that started with a breakout and subsequent bull market end of January, start of February. (Which was right about when I got into trading more seriously.) I am unsure of which way to go here. This Brexit thing has been an incredible learning curve...
Closed at 2.04988 + 311 euro profit. -------------------------------------------------------------- Not sure - but a possible WW bullish. Disclaimer - im a noobie :)