Last week we saw that price didn't trend hard in one direction but with all the major fundamental events that occurred price action ranged between 1265 area and 1280 with a brief stop hunt at 1285 to clear the board of sellers and grab liquidity for the push down at NFP last Friday. Even negative NFP numbers were not enough to push Gold prices higher, with a...
Last week we saw bearish price action and market structure occur. Price ranged between 1270-1280 at the beginning of the week before breaking 1270 and then pulling back sharply before the end of the week. My long term analysis from last week attached below shows price starting to continue a downtrend. This week could be somewhat unpredictable with the amount of...
Oh Arky Arky Arky.... What a horrible downtrend. Honestly, one of the most manipulated coins, next to OKCash. This coin can absolutely crush your nerves, and put you in loss after loss if you are not careful. Fortunately, I've developed a pretty sound method for making money off this dirty little ****. The trick I found is to draw a support line that is a bit...
Opened short at 3950, stop-loss 3990 BTC is up for a correction to the bottom trendline. RSI looks like it peaked and we're only making lower highs from here. This doesn't concern BTC on the long term, I will take profit around the resistances at ~3300 and open long around the trendline there. After that wait for breakout confirmation when we get to the...
If BTC can cross previous resistance shown by the red trend line, I believe it will fly.
I am not suggesting it will happen, but I am seeing some of the leading cryptos (Bitcoin, Litecoin, and Ethereum) poised to dump this weekend. In addition to all remaining in bearish chart patterns: -Ethereum has fallen below .618 fib retracement and the $275-$280 support level. -Bitcoin has dropped below it's longer term bullish channel yesterday...
I am looking gold in buy trend, so i am in long trade from 1308.00, you can put buy orders now at your own risk. it is not trading signal but it is just trade idea, If you found useful then like my analysis.
Symmetrical triangle forming, volume decreasing, stoch rsi and macd following expected trend. For swing traders, short at 61-62 and long at 55-56
Hi All, Been away from the charts for a while, but back with with an analysis on GBPUSD. As you can see from the chart my bias is pretty bullish on this pair. We're currently within a bullish channel, where price has broken an ascending wedge and printed a new higher low at the channel resistance (1.28 region), which is where I entered long on this pair using a...
Brent Crude Oil bounced back from the 52.72 price resistance level yesterday after the short-therm upward trend. As long as the price remains under the red downward trend-line, short positions are favorable. IF it breaks above the red trend-line then immediate long positions are suggested with a $52.72 take profit, which serves as a strong resistance level.
Long TC trade on 60min timeframe with entry on lower timeframe (15m). Reason for entry: double bottom on 15m timeframe at previous structure with RSI being oversold and RSI divergence. Take Profit: at retest of resistance structure level. Stop Loss: 1x ATR below the double bottom. Looking to take extended targets beyond structure with trailing stops. We have good...
NeoBTC has broken out of it's triangle. Looking extremely bullish on the daily. %30+ profit potential here. Target .014. Good luck traders. Be careful. I'd put in your stops at anything below .0085. Happy trading.
Didn't get to post an analysis last week as I was gone on vacation and wasn't very active in the markets. The analysis from two weeks ago called for a period of consolidation for USD after a long downtrend. The consolidation occurred between two major zones. Now that orders are present in the market the trend still looks to be down based on the higher timeframes...
Short at market. Great risk/reward, I got L3C signal during night.
Hello traders! I find this nice short opportunity on nzd/jpy. The price tested the 83.75 price and got a strong rejection. There are no buyers interested. Trade with care!
Hello traders! Watch price action. It can form a correction on this level. If the price break the trend line and have a strong impulse down, then it can be a good short opportunity. If touch the trendline and reverse than it may go for a new high. Don't just jump into the trade!!!
$ETH/USD is looking great and breaking a lot of supports. Currently pullback to around 250 is likely, but its pushing upwards fast. On last resistance breakout we are back fully bullish.