InvstingWise

InvstingWise

The three drives pattern is almost complete and ready to give a nice move down from 27.2 fib level. Divergence is still in play, confirming trend exhaustion. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and...

InvstingWise

Watch out shorting this pair. A false trendline breakout is highly possible despite the fact that huge divergence is in play. Sell the breakout of 1-hour timeframe. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals...

InvstingWise

Bearish alt bat formation will raise odds for nice move down after breaking high. Please take into account the yellow trendline. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence...

InvstingWise

Ripple is definitely a good long option. If you are more aggressive you can enter now. A more conservative entry would be above the symmetrical triangle.

InvstingWise

Expecting move down to retest the low. Another leg up is possible that completes a bearish bat, so be careful and confirm your trades.

InvstingWise

Three drives pattern almost complete close to major resistance area. Sell the breakout.

InvstingWise Updated 

Huge divergence on the MACD with clear trendline break, could drive price to 61.8 fib level. Try to get better entry cause another leg down is possible. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance...

InvstingWise

Bearish shark pattern in the making. Sell the trendline breakout. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work. 4) You do not have to...

InvstingWise Updated 

Last leg up could complete the descending channel and create the conditions for the impulsive bearish move. Huge divergence on the Money Flow Index though, is potentially enough to lead the price to retest even the 78.6 fib area before the down move. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3)...

InvstingWise Updated 

Potential good long term opportunity shorting both bearish ABCD and Bat Patterns. Divergence on RSI is also in play on the 4-hour, if price advances like a corrective wave. D point is also close to daily trendline, a major resistance in particular situation. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the...

InvstingWise Updated 

ABC with huge divergence on the daily (MACD), gives highly potential for price to decline substantially and impulsively. ABC on 1-hour gives an aggressive entry. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and...

InvstingWise Updated 

Big picture shows that price could potentially go to 61.8 fib area. 200 Moving Average acted nicely as resistance level. Entry triggered when price bounced at the golden ratio level of last impulse and the Bollinger Bands. Stop loss is moved to profit to let the trade go.

InvstingWise Updated 

Potential bearish move to the bottom of 4-hour expanding wedge. We have a valid trendline break on the 1-hour that could potentially form a nice bearish bat. The 200 Moving Average will probably act as resistance level if price increases gradually.

InvstingWise Updated 

The last move up will complete the first bullish impulse with a fake out close to trendline. Continuous divergence on the MACD will potentially drive price to the support area of 200 Moving Average, before the move up. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your...

InvstingWise

I would really like to buy from the bottom, since this descending triangle would be ready to go. I wanted to bring your attention to this potential opportunity and also stress out the importance of patience in trading. You have to stick to your plan regardless everything else. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your...

InvstingWise

Bullish Butterfly pattern in the making could provide a nice entry close to 86 level. Please confirm your entry with potential trendline breakout or RSI divergence. You should never jump blindly to a trade. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to...

InvstingWise

When you see a pattern like a descending wedge in a currency and price is in a middle of nowhere, you simply wait patiently. If you lost the chance entering long close to the d point, you simply lost a good trade. Entering now is completely impulsive and self-destructive and could potentially result in a losing trade too. Until price reaches e point, where you...

InvstingWise

As you can see, the correlation co-efficiency factor in relation to EURCAD set-up is almost -1. Current conditions show opposite behavior, which could be used as confirmation for the other analysis or an extra set-up. In the second scenario, it's better to split the initial risk percentage, since the positions provide zero diversification.