Long trade for the up trend continuation where trailing stop can be employed to protect profits in the event price decides to turn the trend lower given the maturity of the trend. In this regard we introduce to ourselves a short term trade expectation.
Market is heading down hopefully around 1.06100 hoping after that head back up long to 1.08420s
Based on my trend following strategy we receive a buy signal for ICN. Coin has little track record. My system has too little data to back test if it works well for this ICN crypto coin. Though, based on value proposition it offers - fund management platform for crypto assets, it might be just a good bet. we enter 1/3 of position. in my portfolio of crypto assets...
SMRT seems forming a fallen angel type for pattern. It crossed above EMA & MA20 lines with very strong volume. Moneyflow just turned to positive. Looking very good as long. Trade Criteria Entry Target Criteria- Break of $5.64 Exit Target Criteria- $6.67 Stop Loss Criteria- $5.37 You can check detailed analysis on SMRT in the trading room/ Executive summary...
Gold has broke previous trend line and is now retesting the trend line at a strong fibs level. Buying gold within the horizontal level would be a good idea. Target should be for the higher trend line. Stops should go below the lows.
USDJPY Monster Bullish. 1.618ABCD completed..time and price square.
Background: This pair shows a nice uptrend and we currently came to an halt at a very important key level @185 ,which is the 50% retracement level of the downmove from 2007-2009, price reacted at this level but we didnt rejected it , ie. price is holding its gains thus far and forming a range, where the resistance is @185 and support is a former broken...
Long opportunity is near , so wait for right entry for at least 250 pips target
i think after ab=cd we can see up trend