XRP, the cryptocurrency, has an excellent change (according to our system) to make a bullish continuation from the current levels!
38.2% rejected already once, we are now back at it again but this time RSI is in the lows!
Bitcoin approaching a decision point within the next few hours, holding the trendline well both with price & RSI. If this breaks out to the upside there will need to be convincing volume behind the move or we can expect a fakeout and dump considering the price being at ATH & the expectation for a strong impulsive move breaking resistance, if there's a break to the...
We're looking to get into short positions on WTI and US30 (down jones), our system indicates that we could see price action move lower once the levels listed (fibonacci retracement) are reached.
Trades can fail, and many times they do, so trade at your own risk, but if we could give you a tip it would be this:
Start using structured position sizing, the way we...
It appears we pivoted. Bullish signals rang sounding clear. 1-2 pattern post pivot, beginning of Wave 3. Therefore, Fibonacci Goals in green, invalidation in red. Good luck - this is not financial advice.
Technically, appearing to be more at the end of the roll here, but that's ok. I don't recommend you trade fifth waves, because of it's many morphologies, and therefore a certain unpredictable nature. I believe the FibGoals, extentions of the third wave, to be those in green. There are three of them, and just because there are three, does not mean all need to be...
It's back to FOREX and we are still in a deep (complex) correction on this pair. RSI is showing dropping momentum, and I have Identified multiple ABC fractals on a longer timescale. I think we might be at the end of the current sub B or at pivot of SubB/C. Anyway, we are going down. Goals in green, invalidation in red. This is not financial advice.
On the 4h chart of Cable, a bearish divergence (in RSI, MACD, and Stochastic) is observed with no higher-highs being formed, signaling weakness in the current bull trend. A break out of the rising wedge and a subsequent break below the local support of 1.32990 could provide a short signal where it is expected to fall to at least the 4H support of 1.31760. However,...
Im long on XLM after todays drop! I think the ATH can be breached.
Its a little late, but since Im looking at these more as swing trades I am trading of the 4H chart, related to this is my earlier long on XRP too.
I think we can see a rapid push to the upside, but again, I trade in terms of probabilities and can close a trade at any given time, even tough I...
We took a short on this forex pair (EURNZD) with the idea that price action could continue the bearish momentum as it has over the last few trading sessions.
RSI is up, Price rejected the 38.2% plenty of time. The middle of the DC is around the resistance too which would indicate that the trend "should" remain bearish.
I think that BTCUSD has an excellent chance to continue up from the 18360.0 zone. There are lots of solid indications, here are the ones I see right now on the 1H chart.
Support level and solid rejection candles in this zone
The last 1H candle, created a strong bullish pin bar
RSI is below 30
The 61.8% fib retracement lines up with the supply/demand zone
Long trade set up
- IME is at the 105ema on the 1D
- 105ema >200ma
- 22ema > 8ema and both above 105ema so using the 105ema on the 1D rather than 4H
- Stoch showing oversold
- Hidden bullish divergence at this price level
Stop at 20.7p, target of 30p, RR of 1:3