DanielParry

DanielParry

Litecoin is mirroring its movements during the 2017 bull run. We are currently in an ascending channel just as we were in 2017 and we are also seeing some divergence on the RSI. Using the fractal from 2017 and placing this over the current ascending channel we are in shows that there may still be some time remaining in this pattern to accumulate more before we...

DanielParry

NEO/BTC is nearing previous 2016 & 2017 resistance region and RSI is oversold. Could be a great long term buy from here

DanielParry

We are back to 2017 levels. RSI is heavily oversold.

DanielParry

Price is touching resistance line and has just met 1.786 fib I've taken profits and hoping to enter again lower

DanielParry

I have identified a pennant on the daily chart of $MU. The price has continually risen for over 1 year now and has been consolidating for approx 3 months whilst touching the top of the pennant 3 times. The first high of the pennant has been met with large volume then weakening as we go along. Hopefully, in the near future, we can break above the upper trendline.

DanielParry Updated 

As you can see from the daily chart there is a clear uptrend at the moment for EUR/JPY. I plan to open this trade nearing the trendline I have placed on the chart, near the 129.500 support region if we fall lower, and hope for a bounce to continue the uptrend towards the 133.000 resistance region where we failed to break in April. My stop loss will be placed...

DanielParry Updated 

As you can see from the H4 chart there is a clear downtrend. I expect the downtrend to test the 145.000 support region. My stop loss is placed around the 147.500 resistance region.

DanielParry

I have identified a cup and handle pattern (see here for more information - www.investopedia.com) on the daily chart of the S&P 500. This has been confirmed as we have broken out of the previous 2800.000 resistance region which is now a key support region. We are now just hovering above the 2800.000 support region (circled above). This could be a great buy...