In on the bullish engulfing on the 1H activation of the bat pattern.
Broken trendline + retest for bullish continuation Full video will be on Youtube
Short opportunity here on the retest of the broken trendline
Long opportunity on the trendline retest
Breakout? Reversal? Have a plan and wait for confirmation, great opportunities both ways.
Ethereum looking to break out of its second consecutive bullflag on the weekly timeframe. Directly in our path is the 200EMA, pay close attention to this level this month. -Salokin
Huge short opportunity for high riskreward. As we approach the .700 even handle on the weekly AUDUSD, after 2 rejection hammer candles, the risk:reward potential is great here for a short back to previous levels. (Green structure support) Stops about 50 pips, profits about 300.
USD has reached a critical level vs the swissie. Short traders can look to break this upwards trendline to enter a position. Long traders on the riskier side can take positions here with solid risk reward ratios. On the safer side, long traders can wait for a break above the green resistance zone. Will be watching this one closely.
We've hit trendline resistance at the 786 Fib level. Dollar tanking and oncoming economic recession wont help
Previous post was a false breakout, bears couldnt take control. Got out at breakeven when I moved stop to resistance line after the break. Bull seem to have more energy to take this thing further up.
A primer on what I believe to be the most profitable pattern in trading. 1) It has tons of historical data and statistics proving its worth. 2) It includes confirmation (waiting for a re-rest of the neckline for entry) 3) It can be used as both trend and counter trend In the image above (a trade I'm involved in currently at 300+ pips) we have a triple bottom...
This is to accompany my previous post where I analyzed the market phases and how we are about to explode in price. We are at the bottom of this massive long term channel on the weekly. We show MASSIVE bullish momentum on the MACD with serious bullish divergence (purple lines), this happened 3 years ago before the 2017 explosion as well. I have those highlighted...
History repeats itself and the pheonix is here China - > Brexit - > Corona - > Crypto - > Halving -> SDR - > Liquidity - > ILP ->
Adding to my overall long USD position vs the AUD on this bear flag on the 1H, looking to continue south on dollar strength
Major bullish divergence on the MACD with XRP Monthly chart as we near the end of the bull flag
Short at the 618 retracement on the strength of the dollar and FED stimulus vs the weakness of AUD, looking for a continuation in the bearish trend