Here is the second addition to my newest series of ideas, the altcoin forecast .
This evening I am showing you a coin I have been following for a little while called Hive, I recently purchased this at around 0.22 and was in profit yesterday by over 70%. I am currently holding this Hive and am expecting a further pump to the 1.618 Fibonacci Retracement level.
- Generally strong support and resistance zone formed
- Even on smaller timeframes we see a rejection of price at the Sell Zone
- Bearish pressure at the Sell Zone which continues all the way down to the support line
gbpusd had a great move yesterday see previous gbpusd analysis
no we are in a consolidation phase still holding bullish market structure
i am looking for a retest of this structure at 1.365 area waiting for a move down and see how price action forms for potential buys back up to test high at 1.3750
Here is a nice set up on GJ. Currently the market is in a 30 pip range and is pushing towards a resistance area and testing the previous high identified on the 1H chart. I want to see a break of this resistance area and then target the high that is identified on the 4H chart which is also a very strong area of resistance. This trade all depends on...
Would love to reach 500 followers before the year ends! :D Here's my outlook on the Big one... Gold.
Here we have a. lovely area of structure that you can clearly see whenever price pushes down into it it reject's it like trump was rejected from the office.
If we see price back into this area we'll look to get into a buying position.
SELLS now valid on EURCAD! 📉📉📉
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame,...
nice steady sell here on CADJPY, Now running at just over a 1:1 RR
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters...
EURAUD H1 - Bearish trend has broken the S/R zone, the existing H4 1.63 handle. Now seen the retest, looking for the hourly rejection to see another wave downside. Friday markets to take note of, seen some hard risk on moves already this week.
USDWTI H1 - Ultimately long bias on WTI for obviously and explained reasons over the last few weeks. Pulling back to this trendline support so we could see a bounce here to break the higher timeframe resistance. More noteable support zone at 31.30, so in the case we pullback this far, it could be wise to load up on positions.
A very shallow observation, but potentially still profitable.
A bull flag appears to be forming on the hourly chart. The breakout could occur either around 6-9PM BST this evening, or if it decides to reside towards the lower range for longer, tomorrow throughout the day. If it loses the flag formation, however, it’s likely to range below the trend line until it...