Hey guys! UT Bot called the recent BTC move. Over this past month, we have made huge gains using this indicator. If you want to find out more about it DM us on Twitter @TradingScript to get your hands on it.
Symbol: Bitcoin, XBTUSD, BTCUSD
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Short Timeframes: Red -> Blue
Medieum Timeframes: Red Series
Long Timeframes – Context: Green Series
Long Wick Candle in 1H Timeframe
Demand Zone: 11100 -- 11350
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I am going long on Eur/Usd. I think eur/usd will break down to around 1.11684 then price will go up to around for 1.12800 area. With dxy dropping at a fast pace on Friday a pullback might come when the markets open which supports the idea of Eurusd going down a little before it goes up.
As you can see USDCAD has gone to the 1.35000 level numerous of times now and has failed to go much higher! I have entered a SELL with SL at 1.35500... trade smart and have fun. Have a profitable week!
Falling wedge trade with tp: 1.71499. I see a longer term trend on the hour chart which suggests the opportunity for the pair to fall even more, I will post this is the signals group.
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I see a falling wedge with the opportunity for profit from a short position with SL: 1.12717 and TP: 1.11000
Use risk management as if it breaks upper trend line one may want to start thinking about closing the position.
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The cable is currently experiencing a huge sell off, i was holding several shorts yesterday and managed to make just short of 1000 pips. however, with that being said i feel that anything that is either vertically up or down creates no stability in the markets, which then leaves huge gaps in large orders. If you on the third of may we had a parabolic move to the...
AUDJPY H4, showing signs of very strong convergence, market clearly going the opposite way to our indicator.
A counter trendline has been put in place for more clear break and retest and entry scenarios.
Targets are also drawn.
On the right we have AUD weighted index H8, where we can see it has tapped off a clear demand zone, I believe we can see some reaction,...