From bigpicture, We estimate this product : Range - high stability of force Major resistance - supply zone 87 - 90 Major support - 76-80 We like to play short in supply zone, long around major support zone, by wait to see price action-pullback signal in zone For short term trading, Use support + offset as SL (in case of long) Use resistance + offset as SL (in...
The market has not made decision yet but be able to get some profits by smaller TF.
This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance. Hi everyone i was doing analysis for EUR/GBP currency pair, now i see somekind of consolidation of this pair, the market is in balance. If the balance is going to be broken, we can have a continuation bearish trend.
BTC is still trying to break resistance of 9711 USD, volume is increasing slowly..If BTC breaks 9711 resistance with heavy volume, we can accept it can trace our 12k target(major resistance) very soon. . . If you agree please do likes, comments and follow me :D
Action : Sideway Trade (Bias Long) Prediction for coming few days BTC will move side way in range 8400-10150. For today movement something like stay at middle of the range. For whole morning, it is bull day. Until now there is no sign of bull get weaken yet.To prove it is bull weaken , at least something like lower high in lower time frame like M5 ....
Sideway. will have alcoin party duration in Jan-Mar. It's pathway btc.
NEM is in side way for more one month, this situation makes hard to trade but fortunately we have two way to trade For those short term buy around @0.16571500 and sell around 0.23820450 For those longterm buy around @0.14566140 and sell around @0.2439788
OKCASH move in a channel for 3 days, so the strategy will be simply buying near the down border and sell near up border. so easy right !! after real breaking, you can double your position in any direction ------------------------- Like, Follow, comment it's so easy :)
ETHUSD move in sideway , we expect extreme move very soon - Bollinger band said - and we expect the move is upward - stochastic said - the tallest trendline will try to impede falling down to reach the first target @313 then the major 0.618 Fibonacci retracements @319.15 we preferred put stop lose after confirmed break trendline under @286
I think it is going to the bottom of Channel bigger sideway! It has potential reversal zone around here. Wait& see . If break down more, I think it is a potential downtrend in bigger timeframe. Short only. no buy.
For trend following, i will wait for sell but not sure is it change trend or not?
The pair went through a mini roller-coaster Wed's session. Price dipped to 0.9930 in Europe b4 rebounding to session highs of 0.99 68 in NY but only to fall to 0.9929 after announcement of Trump's tax plan. . Looking at the daily chart, despite dlr's resumption of MT fall fm 2016 6-year peak at 1.0344 after breaking Jan's low at 0.9862 to a 4-month bottom at...
Continuing USDCADs sideways movement. Its now on the downside.