Looking to long BTC if close above the 0.618 fib. We've bounced from the lower bollinger twice & forming a double bottom. The 57,000 level has been respected & a tweezer bottom is looking likely. Let's see how this plays out.
Some more ideas on AUDUSD - Looking to short down to the 0.7100 level and maybe below. ✓ - High test signalling turn in the market. ✓ - 0.7160 we see order frequently come in at this level prior. ✓ - Perfectly bounced from the 0.618 fib level.
Some ideas on EURUSD. ✓ - High test signalling turn in the market. ✓ - Loss of momentum to the upside. ✓ - 1.1850 Psychological level ✓ - 0.786 fib level ✓ - Lower high printed on 1HR time frame Please comment and let me know if you have similar or differing ideas!
2 Scenarios I see panning out here with GOLD. Since we printed a lower low yesterday both scenarios are favouring downside movement. 1. We use the box shown at 1910.00 as resistance to the next move down. We’ve just entered this and I’ll be hoping to see some wicks above but closures inside the grey area using the 20 ema as resistance. This is also the 0.618...
See GOLD falling to around 1900 before another leg up. We used the 0.168 fib and the nice 1920 level as resistance when losing momentum to the upside. Shorting to 1900.
Preparing for 2 scenarios here on EURJPY . Both with a bias to the upside. 1. The next 4HR candle closes above within the 0.618 fib.We've seen many wicks and buy orders come in at this level previously. This is currently looking more risky as we haven't seen much momentum exhaustion. 2. As the blue bars show, we drop to the grey area shown, which coincides with...
Nice short trade lining up on EURJPY. Had a nice break of the trend, so I’m looking for market to come back up to retest the psychological 121.500 level that fits perfectly with the resistance and the 0.618 fib. The short will be entered at the 151.500 zone all the way down to 120.20. ✓ - Broken trend. ✓ - Psychological level. ✓ - 0.618 fib ✓ - Resistance zone
Caught every short coming out of each bearish signal - being the wedge & the two flags as you can see. I’ve held the short from the most recent flag as I expected price to keep dropping. However, it hasn’t done so as smoothly as I had hoped and I’m running in some negative. Nonetheless, current prices leaves me with every expectation of it dropping still. If you...
Caught every short coming out of each bearish signal - being the wedge & the two flags as you can see. I’ve held the short from the most recent flag as I expected price to keep dropping. However, it hasn’t done so as smoothly as I had hoped and I’m running in some negative. Nonetheless, current prices leaves me with every expectation of it dropping still. If you...
Some more ideas on AUDCAD. ✓ - High test signalling turn in the market. ✓ - Descending trend line used as resistance. ✓ - Psychological level ✓ - Stopped out the early entering bears that shorted the trend line ✓ - Lower high printed on 1HR time frame Have been expecting so see some downside movement here. AUD looks as though it’s going to start dropping...
✓ - Bearish Flag Pattern formed. ✓ - test of the 0.618 fib level on the retracement. ✓ - Doji signalling a turn in the market. ✓ - Broken both the 20ema & 50 ema. I was short this pair from the 0.618 (0.6400) and took profits at 63.000. Im now looking to short again based on the flag pattern formed. We’re testing the lower ascending trend line and its likely...
We keep using the 0.618 retracement as resistance, hoping this touch was the last. We also using the 50ema as a resistance. I'm waiting for a bearish candle close tonight, along with a break of trend and ill be shorting this down to 66.00.
Here i share some ideas for both bulls and bears depending on the closure of the daily and next few four hour candles. We've seen a break of the trend ascending trending line and bearish symmetrical triangle with retests of both at the same level as resistance. If we keep decelerating as we test these levels and close below resistance, ill be looking to short to...
Here i share some ideas for both bulls and bears depending on the closure of the daily and next few four hour candles. We've seen a break of the trend ascending trending line and bearish symmetrical triangle with retests of both at the same level as resistance. If we keep decelerating as we test these levels and close below resistance, ill be looking to short to...
Bearish flag pattern formed on the XRP - sticking to the downside bias. We’ve broken the wedge as previously shared in last XRP idea. It looks as though we may use the lower trend line as resistance for further downside. This correlates again with the 0.382 fib on the pull back, as well as the resistance at 0.20 & the 50EMA. All downside for me, however this...
Bearish flag pattern formed on the XRP - sticking to the downside bias. We’ve broken the wedge as previously shared in last XRP idea. It looks as though we may use the lower trend line as resistance for further downside. This correlates again with the 0.382 fib on the pull back, as well as the resistance at 0.20 & the 50EMA. All downside for me, however this...