what you guys think about GBP/AUD i think this pair will drop this week and next as well im goin to sell this pair i just waiting entry reason FX:GBPAUD
Let's say this is a falling wedge and the price just topped at the resistance level, probably the price will go in the 3500 $ area before braking out of this formation.
Well for sometime I been waiting for a final washout in wti into my two targets 1st was 49.58 we saw that and rallied to 54.5 in a 3 wave rally then we formed a triangle for a 4 wave or a alt is that todays low at 47.26 is a wave B low both wave counts now point to a sharp rally as the alt downside was in a window of 47 60 to 45.98 therefore I am long...
Hey guys, here we go again.
Im thinking of publishing every trade i take here for a time from now, what do you think about it ? Leave a comment.
Today in US Market Session we entered a buy on NZDUSD. Above you can see our analysis on this pair on the 4h timeframe. Price formed a support zone (marked in the grey box) - even on the daily. The lowest low is a fake...
S&P 500 Index SPX500USD
Was looking for a selling climax around yesterday's open, leading to a counter rally which would last into Friday's US open before falling away again.
Well we got the counter rally just after the open in US, leaving a spike off the low at 2708 and 9 points from the next support line at 2699. Not much good, really.
Then the S&P had to...
Price pullback to the previous strong support, now resistance. Also sits at a .618 fib retracement of a previous bearish swing. Not a bad spot to bet on a short and downtrend continuation.
Dan
There's a lesson to be learned every day! For me the lesson is: always "cost average" into a position. I was too lazy to ladder in, so I bought at the .618 retracement, and unfortunately we dipped deeper.
Putting it more correctly: unfortunately for me, because for those who didn't buy Bitshares is on sale today! We've briefly dipped below the long-term support...
Price
The bullish tendency remains, yesterday BTCUSD overcame 6600 level and now trading on the 6700 level. 6800 level is the resistance, which sent the price down on July 8th, a breakthrough above this level will add more to the bullish view. Nonetheless, much more important resistance, for now, is 7000 level. As long as the price holds below 7000 level -...
The anticipated bull scenario from the previous analysis of mine played out, make sure to check it in the related ideas .
The chart explains itself, there's a big chance for BTC to get to higher highs in long term. the next target will be 7000 - 7100$
Bitcoin Sunday Chart Update and Key Trade Points
So far this looks like a good Reverse/Inverse Head and Shoulders in classic formation with a perfect retest of the neck-line yesterday at 7600 (even more so because no one seems to have really mentioned it - the low today here is 7600 precisely).
It carries with it a minimum implied upside target at 8163 on...
10:00 gmt 05:00est Saturday Bitcoin Bitmex Chart Update
After holding up overnight Bitcoin began to break higher above
7450 at 06:00 am in Europe triggering the next long to the
7624-7735 range with a high so far at 7681 on Bitmex.
In doing so Bitcoin is defying the bears as it tries to complete
the RHS pattern we've been watching develop over the last
few...
BTCUSD: Bitcoin: Next Trade Points
Bitcoin was expected to fall back to 7301 before bouncing
away again. In the event it fell to an intra-day low at 7273
before the bounce came. Not great.
Since then it's made a high at 7599 and extended to touch the
upper end of the same (less acute) parallels that have been
running inside the noise of the last 4 days or...
11:34 Gmt 06:34 Est Bitcoin Coinbase Update
OK. So a little a break higher to bust out bear stops around
7166 - stop hunters and bots! But at least a little
continuation pattern looks to be forming now giving us break
points either side of the smallest parallels . Only gets
interesting again once we see a break either up or down -
which we can follow with...
