My style of trade is to look for similar historical patterns, test to see if the pattern is truly similar and project moves using fibs, bollinger, stoch rsi and ichimoku. Here I just use fibs and ichimoku and determine levels based on historical pattern. You can see how the pattern has traded so far from my calls at stocktwits.com with 100% of calls posted...
1)Brexit Starting at 29.03.2017 00:00 (downtrend) strong impact 2) Bank rates of NewZealand 1.75% , gpb 0.25% (downtrend) strong impact 3) Support and Resistance trend-range is broken from the bottom (downtrend) medium impact *** - It is up to the banks to correct this bearish trend that will heppend - 20% possibility market to be consumed the news already, 80%...
another trade im in up to the first tp then to the second may be
As you can see, we've been consolidating with very little movement last week. Actually, it's the weakest weekly candle since the year of 2003! Quite possibly resetting Indicators for a big move. As it appears, we might be at the cliff right now. It's edging on the 1.0 handle of that wide upsloper. If it dips below it, we might be negating that C and move towards...
Here are some long term scenarios that I think are possible to happen. My opinion is based on Price action ( daily charts ), yearly (composite) Market profile and fundamental analysis.
Here are some long term scenarios that I think are possible to happen. My opinion is based on Price action (daily charts) and yearly (composite) Market profile
double bottom on 111.7 support zone reaching back into November. Chart is beginning to consolidate and trend lines are being respected. Can predict it to move and eventually challenge 113.2 resistance and onto resistance level 115.339 if broken. Dxy is strong and expect a strong dollar to continue. Buy at 111.975 S/L: 111.675 T/P:112.549 notice: this is a...
Hey Traders, I already shared a trading idea in GBPUSD that turned out in a nice trade, take profit reached. Now we are planing a new entry for a long position. This time I am more concerned on the idea because we had a breakout of the structure but no clear set ups. I drew what would be my last confirmation to enter. If it makes that exact blue pattern then I...
Your comments are highly appreciated
Potential W4.0.236 Simple correction.still ablove the 1x1 angle.
EU gap down, then high volatility to 1.082
Went short when price level hit 124.083, with a stop-loss at 124.624 and a profit target at 119.483. Then i made multiple predictions on the market movement and my next entries. Red Arrows are Short Positions. Green Arrows are Long Positions Blue Arrows are Stop-loss areas and observation areas before making entries in the market
So, the kingly discipline in bitcoin, aside from estimating WHEN a rally might start, is of course predicting the top of the rally. I should add that I think it is utterly improbably to predict anything at all with a high certainty in bitcoin, since bitcoin is so young and we don't have enough data. But I'll try anyway :) I looked at the previous rallies and...
If BTC confirms this breakdown, next support is 200DMA, then previous support at 860. After that, I predict more highs. All of this retracement action is further strengthing prices staying above 800 permanently. Short term: neutral Medium term: long Long term: long
AUD/USD The aussie is currently my top trade for 2017 and I've already have some shorts running here. As you can see – the latest drop and breakout from this wedge formation comes after just touching this former broken channel support which has become a major resistance. I am currently targeting the 2015 lows around 0.6900 but I do believe it’s possible to...
NZD/USD After breaking down the double top, it used the 2016 to pullback to the neckline to test it as the new resistance. It formed a percfect head and shoulders pattern which is also the higher parallel of this major trendline (green) and is now breaking lower. I am targeting the 2015 lows around 0.6200 and would really like to see how it reacts with the...
OIL: Record Keeping for Neural Network prediction. goo.gl