KSM/USDT 8H. Nice accumulation zone which may develop into some strong impulse candles to the upside. Good support + Fibonacci. If 'Trend Line A' holds this will further confirm the bullish ascending channel. I hold $KSM & looking to add more. Targets at $324 & $370.
BTC/USD 1D Coinbase. Fibonacci retracement, one of my favourite tools in the chartists box. I have used the Fib retracement twice on this chart in an effort to confirm one with the other.. The positions I have chosen are indicated by the price points in white to the far right on the price scale.
We see an impulse to the downside and I am preparing myself for...
GBPAUD - I liked and still do feel GBPAUD has great trading opportunities, I've been swing/day trading GBPAUD.
Hope you had or having a great weekend...so far!
Let's dive into GBPAUD - Technical aspects:
Support: 1.77900, 1.77585, 1.76860, 1.76295
Resistance: 1.76295, 1.80200, 1.80450, 1.8100, 1.81580
How to play this trade idea?
WEDNESDAY - Half way through the week!
GBPUSD - I like the long side for GBPUSD for months. It's a great trade that has had great momentum, I stuck to my trade plan, being disciplined is key and built long positions along the way - I am now scaling out of my positions!
On my FX weekly I posted out to various groups I am part of - It's FREE to subscribe. It's...
Nice couple of trades playing out using the 1HR strategy on EURJPY
If your struggling with your trading, let me know, reach out and we can help...
Not found that crystal ball that everyone else “has” to tell you where price will go? Sick of chopping and changing strategy? Keep changing signal groups? Struggling with chart analysis? Want more time in...
Technical view of AUDJPY: Quick Intraday trade idea!
Pattern: Bearish Flag formation longer term, within intraday - Playing a H&S pattern - Confirmed once broken the trendline up - (Highlighted the key area in Blue)
Support: 80.400*, 80.290, 80.170
Resistance: 80.600*, 80.700, 80.830
200 & 50 EMA - 80.400 is a key support area where it holds the trendline up as...
Perhaps WBTC will break off from the trend of other coins and get another pump upwards, with there being room on the Relative Strength Index (RSI) for more price increase before it goes into over-bought conditions.
I believe Stellar Lumens will see some correction along with the other cryptocurrencies that are mostly overbought right now due to the massive bitcoin rally, but the correction with XLM is only likely to be a small one. When RSI levels drop again it could be a good opportunity to buy back in for a profit of around 80%.
GBP - What a great currency - I say it's like marmite you either love trading this currency or hate it...It's been a tricky pair due to brexit drama.
I remember trading on demo account when Brexit was announced shorting it with a good well established friend of mine in Africa...It was great fun even on a demo you do learn a lot as yrs go by . Now I do have a...
We approaching the end of the year - Seasonality - Maybe a Santa rally happening already we have had a very weak dollar this week already.
There are questions I have for you:
Do you think this is an appropriate area to be buying?
What are the fundamental impacts that would decrease Nasdaq?
Personally I wouldn't be entering any new positions - I feel from now...
Before you get excited - Do you think the risk/reward at this current moment of time is a good place to buy now?
Wow last time I had analysed bitcoin we was going 10k - go and check my last post on that!
Technically: Broken out of wedge reached my target area of 161.8 Fib retracement my next target areas: 25k-27k - They are beautiful Fib areas!! But I won't...
It's a pair I've trading within the indices that I have had great return this yr - great momentum trend towards it and with Brexit drama going on too, it has has great volatility.
Fun fact: When the first lock down occurred earlier this year in UK...A family relative was intrigued about me being a young trader - I had advised a distant family member to watch out...