BITSTAMP:BTCUSD Bitcoin's price has finally broke through the 7.5k mark after consolidating around the 7.2-7.4 levels, after the initial $600 jump a week ago. We now take a look at the daily timeframe of the chart to try to predict where BTC will go next. As you can see from the chart, the bulls have taken back control after the week of consolidation and...
Today and yesterday have the same exact high at 86.15, which makes that a tweezer top . CELG has made a nice recovery from the sell-off and looks to be holding the 100 day SMA on daily. If triggered in, I will look to close out before earnings on July 26 next week.
We're showing a lot of bear divs. However there is tons of support below so I'd expect some sideways accumulation action. The next few days will most likely be choppy and 'unpredictable'. Tread carefully. Bottom longers can hodl in peace. This is a good area to build a hedge.
Currently I'm in July $33 and August $32 calls just waiting patiently through the whipsaw. But technically speaking it looks like DBX needs to clear the 33.23 area in order to really gain some momentum to the upside. The candle on July 11, 2018 could quite possibly be a morning star reversal if DBX can break out of its triangle. Line in the sand is obviously...
KEEP MONITORED POSSIBILITY TO ENTER SHORT, WAIT A PATTERN FOR CONFIRMATION
Pepsi has been on a tear recently. After a major sell-off from a $122 high to a $94 bottom, PEP has made an incredible 18% recovery. Today, July 10th, the breakout volume on the open was incredibly strong. With the daily RSI is getting close to oversold conditions, I could see PEP short-term price recovering to previous support level around the $109 level,...
$MDB is a great company and I like the technology (I'm a software developer). Although I think with today's candle closing near the low, a potential gap down is in the books that could trap people that bought yesterday. So there's a potential to make money with puts or shorting the stock if that gap down does occur. Would be a gap and go. For at least a couple...
Finally IQ has seen a nice dip most likely due to profit taking on the online retailer sales tax news. My guess is she continues a bit lower, especially if the low of June 15th's candle ($37.57) is taken out. Here is my current plan to initiate a new position on the way down.
BTC/USDT will gravitate around $8000. The rest of Q3 ought to be great swing trading. MA(8,13,34) EMA(8,13,34) BOLL(21,3) RSI(3) 1 day interval.
Looking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel. Entry: 0.70352 SL: 0.69866 TP: 0.71488 I will look to take something off of my position with 20 pips in profit and let the rest of the position run. Stop-loss will be moved the breakeven once 50 pips in profit.
EOS/USD (EOS token) 6 hour bars, candlestick wicks removed by Michael Mansfield, (OMISEGO Token) 05/26/18, 8:15 PM EST, by Mike Mansfield Hola guys and gals, so I’ve been working on one of my favorites big mover (up & down) today. And yes, it did have some functionality performances issues on its launch. Ah, but does that present us with an opportunity now?...
Update from last night: Our price crashed further below than anticipated and our pattern failed. That being said today is a new trading day. The price touched and confirmed a strong support @ A which can be considered a buy zone. Expect retracements between A/B and C/D respectively. Yen should rally today as retail has been strong. Green zones are long. Red is...
If you are able to hold a position during many weeks this trade is for you. NZDCAD is not very popular especially because of its lack of volatility and liquidity BUT sometimes once or twice a year there are very amazing opportunities to make some money with a very nice risk reward. The pair is approaching a resistance which is a weekly downtrend line around...
USDCHF is yet another USD related pair that has been trending for some time but now it has come to an end. And since “the trend is our friend until the end when it bends” we closed our long positions and are now looking for short positions. Next week we will get more information on the new horizontal support and resistance lines as well as a new trendline.
Price broke out of the channel with a strong green bullish bar! Momentum shifted to the upside for now. I closed my short positions and I’m starting to enter long positions from here. Watch price action closely to draw new support and resistance areas and trendlines to know where price is at to manage your risk.
They say never fall in love with a stock… Well Mastercard, I love you. I made so much money of off this stock! And we’re about to make more. Wait for it to pull back into the trendine again, go long and Swing your way back into profits again! No need to make things complicated, watch price action, look for reaction zones, manage risk and become consistently...
Keep it simpel, EURCHF broke its trend (for now) and is looking to head back to the bigger time frame trendline. For now, I’m short. Price got rejected at the 1.20 level, for those of you who don’t know that’s the level where the Black Swan event started a couple of years ago. This is a level where price rejection was expected and now we can see it’s actually...
We are fighting the 50% fib right now. Next up is the 61.8% if she can push higher. If it's a failed breakout, buy off the lower trend line for a reset. Cheers!