IF PRICE REACHES GREEN= BUY
IF PRICE REACHES RED= SELL
Triangle forming in the BTC/USD price, much like the other one the other day (which would've been a very successful trade as predicted)
However this one is spending alot of time in the lower half of the triangle, suggesting it should break out lower. However it could break out either way. I'm guessing it...
WTC / BTC WTC (Waltonchain) Downward wedge. The price is already in the corner. Volatility decreased, volume entered. Coming soon.
On a breakout of a pattern, or rollback after a breakthrough, depending on your trading strategy.
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price...
TRON after a local maximum formed a local downtrend. This trend has formed a downward wedge .
If this wedge works out on a global scale, a double bottom will form, which will become a reversal pattern of the main trend.
1) on the breakthrough of the line of resistance of the wedge . (maybe it’s happening now).
2) on confirmation of support in the region...
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GOLD has started a great down trend since few days, and I just spotted a quite strong set up for it to continue its downtrend! Check the chart to see how...
Get ready! There are only two directions for price; UP or DOWN. In this screencast I show why the zone around 29000 could be the most important. See the broadening wedge. Price could go either way.
If you believe that the FED and Mr Trump is gonna save the world, go long at 29000. If you believe a crash is coming take a short. If you believe 29 is a prime number...
Buy Lloyds Banking Group (LLOY.L)
Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment.
Market Cap: £40Billion
Lloyds gapped higher this morning and...
The DJI, S&P500, Australia200 and the DAX all went wild today.
No predictions in here. This is just the big picture of the daily time frame.
I have to say that I am totally surprised by the DJI pump north. This markets is highly overvalued something like 17-19 times that of fair value for stocks comprising it. I won't go on much longer about that, we've seen...
Falling wedge on GBPJPY Weekly TF.
With Boris forcing Brexit through - dragging the GBP down
And with Trumps impeachment - Also dragging USD down But taking the JPY up
May see a huge drop here.
This will be a swing trade where you could be holding this trade anywhere from 2 weeks to 8 weeks
Ideal entry is around 143.143.700
Large SL in...
Now that the deceleration channel in play since Jan '18 is getting more mature it looks to be manifesting a falling wedge pattern.
I haven't figured out exactly what the structure of this correction is yet but it looks to be a possible zig-zag . Either way, the culmination of the wedge pattern looks to be sometime between now and Apr 2020 at which time the...
Only NZD was more bullish than GBP last week making GBPNZD pair to retrace back inside the bullish wedge. Potential reversal level is at 1.99320, if this level is violated, then 1.97769 stands to reverse
The pair recently broken out of the bullish wedge and a Higher-high, thereby setting up a modest trendline starting mid Novemeber. A re-touch of the trendline could cause the price to rebound again to the upside...
Price has had a small breakout of a minor trend line in the 1 hrs chart.
There is divergence on the daily chart which h shows exhaustion so a fall should happen soon.
A nice reversal candle stick is ideal.
I have drawn my expected movements of price. It can either form a double top or head and shoulders. If this is the case price will continue a bearish move...
Depending on how market opens in December, on H4 I have bullish sentiment for EURUSD. A wide gap below the swing low at 1.09812 will change the dynamics of this setup, but any opening above is fine with little or no adjustment.