I think GBPUSD has not completed the bearish move yet. The current bullish intraday move still looks corrective to me. I see the formation of an expanding triangle pattern. Triangles often precede the last leg of a bigger wave pattern. Thus, I have labelled the triangle as a possible wave (iv) of the impulse wave. The upper connecting trendline of this triangle...
Wassup Not much to say Wedging down Will see 2620 More downside possible next week A new low will send us into panic its lit its discount season out here happy trading darklord_ (Ballsack)
EURGBP watch out for push higher. 1) Above 0.88 monthly pivot, 2) price approaching TL, 3) EUR bully across the market today.
Currently in Gifto, GTO/ETH at Binance on Palm Beach Confidential (PBC) Report. Was in at 60.090 and took 1/2 off at 62.989 for a quick 4.8%. Now waiting for the next run. Now consolidating a bit and forming a (bull) flag. If it can break out of this flag, another leg up is in the making. 15 min. RSI fell under 60 and MACD is curling up so enough room for...
Ethereum Classic, ETC/ETH on Binance just broke out of its (long) Triangle. Consolidated a while and found good support at 35.000, which was previous resistance as well. On the hourly chart, you can see that the indicators are from its lows and curling up now. Volume is picking up and ETC/ETH is also above the 12 and 50 emas. With the coming fork and airdrop,...
Aggressive trader can place sell limit order, if not wait for reversal candle. Reward to risk is 4.5 : 1
Aggressive trader can place buy limit. If not wait for reversal candle to enter. Reward to risk is 7.5 to 1
D1 and W1 there is an uptrend bounce. Place buy limit order at 1.1898. Reward to risk is 2.8 : 1
Putting sell limit order at Fibo R 61.8. Reward to risk is 6: 1
Testing D1 200ema. If did not break, looking to short with reversal confirmation Reward to risk 2.5 : 1
Looking for long opportunity at 112.96. If PA break below the 200ema, this analysis is invalid. Reward to risk is 3: 1
Looking to short if H4 candle closed below the support level. Reward to risk is 4: 1
On higher TF PA is above 200ema. Now market is in range and I am looking to long if the next candle in H4 close more than half of the body of previous bearish candle. If price break below the support level this analysis is invalid. 3RR
On D1 TF EURCHF is still up trend. Looking to long with trend continuation. If PA break out of the channel this analysis would be invalid. Reward to risk is 5 : 1
If price break above the upper trendline this analysis is invalid. If there is reversal candle formed I will short it. Reward to risk is 5:1