EURUSD is in balance (consolidation) now with a range levels 1.2218-1.2295. In Friday we saw a false break down of this balance. What to do now? There are 3 options in this case: p 1. Trade after consolidation will be break up. If the price breaks out level 1.2295 and holds above, we must wait for a correction to upper balance level and than buy. p 2. Trade...
After fix volume we have a balance (wide range, consolidation). Better way to trade in balance - from one side to another, and best of all in the direction of the previous trend. So, for now on EURUSD it's better to wait price on good supports level at the bottom of the balance.
Hi, friends. BTCUSD is in the wide consolidation (balance1) with a range 6000-9500. On intraday charts we have an up trend. And it's a good opportunity to take some profit. For good trade we need a strong support level and I think level 8470 will be stand. But If false break out happens and the price will return back into the balance2 you need to close position...
EURUSD is in balance now. There are 2 options in this case: 1. Trade from the balance level in the previous trend direction. (previous - down trend) 2. Trade after consolidation will be break up/down. If the prise stays within balance it is a good idea do not trade at all, otherwise you'll get a loss. Trade recommendations: 1. Sell after balance high level will...
False break of balance - is a strong signal. Stop loss must be below the false break. Trade recommendation: Buy - 1.2347 Stop Loss - 1.2311 Target 1 - 1.2415 Target 2 - 1.2475
BTCUSD is still in bear trend on 4H. It looks like a retest of balance. Next good support - POC (Point of Control) of November 2017 - level 7200.
ETH in up trend. Good opportunity to buy on correction wave.
Break out the high level of balance. Impulse phase (up trend) started. Buy priority.
It's seems new balance is being formed on 2h-4h interval. Intraday (m15) we have an up trend for now. For new mid-term up trend (impulse phase) we need to break out 12800-13000 zone. It's very important not to fall below 11500.
Good BUY opportunity on EOSBTC. All instructions on the chart.
Hi. To continue growth we need to break out 11700-11800. If the price breaks down 10 000, it will be a sign of weakness - high probability of falling. Now it's better to be out of position on BTC.