cryptoillusion

cryptoillusion

A clean close above 1890 starting from the M15, should be enough to pull us higher. Wait for the close and then the break of that said candle

cryptoillusion

Textbook pattern... Trade what you see and say no mas

cryptoillusion

not much to say here, it is what it is we're bullish in the higher tfs, we're on a consolidation at major support after a correction. I have a buy stop set with no TP to be honest, I plan to trail this joint. Like I said, we're bullish overall but we're "close" to a weekly resistance level and that being said, I'll try to trail it just in case if we break it...

cryptoillusion

H&S forming in the 1H and 4H. I have my sell stop set in case we break the neckline. I'm playing this tight, as usual, 0.5% max risk with 25 pips. EUR can't ride the QE wave for too longer... CHF should start to get some valuation now that Europe is now back in bizz. H&S's head banged the upper limit of the yearly channel. The easiest path from here, is down....

cryptoillusion

EU showing a double top and rsi divergence from the 1h to the 4h. This is my position right now. Trade Safe and Stay Safe

cryptoillusion

Price banging a resistance area, RSI on the 1H and lower, already OS. Running this play with a tight stop so if we break to the upside, I'll flip long.

cryptoillusion

We are still in a downwards channel, if we can't break the upper resistance we will see a dynamic support on the 50 ema and then likely one more retest. If we can indeed break that resistance and close above it on the hourly timeframe, I have as personal TP1 - 1.23385 were I'm taking 80% out and let the rest as a runner because I like to milk it some more with...

cryptoillusion

H1 - RSI Bearish Div + Price ranging in a small box + Hedgefunds are heavily (2x more shorting than buying) on the SELL side as of 05/05/2020 Looking for a retracement down to 0.64540 (this level is both the W neck and very close to the 50% fib retracement) and then if price approaches slowly, I might consider a long, the setup will tell. Keep in mind that the...

cryptoillusion Updated 

Earlier today I mentioned a possible Head and Shoulders, difference is, I was hoping for a touch at the 61% fib, it seems we are about to reverse movement. I am now watching for a sell entry. If I fail to entry here, I'll keep my eyes open on the neckline, chances are that we get a fakeout first and then the drop below the neck.

cryptoillusion

Possible Head and Shoulders in the making. Waiting for a push towards ~ 0.63 (61.8%) to look for shorts towards the neckline. RSI on the 4H crossed the 50 level, this should provide some slower push upwards as the lowers tfs RSI's are already OS.

cryptoillusion

I'm selling the house. MOM GET THE CAMERA

cryptoillusion

Fundamentals force me to look stronger towards the bearish side of it. Both might break and we push downwards. Good thing both patterns share the same support stress zone. We can be ready with low risk for either side. Waiting will make me grow gray hairs but its ok, we're all pip-fishing :P Cheers to Yuriy, didn't notice the inverted cup & handle if not...

cryptoillusion

NZDCAD has been on a downtrend for quite a while, we've seen some bumps lately but the overall trend is being respected so far. We are making some sort of rising triangle which is usually, a bearish sign. Breaking under, we could see some agressive moves to the downside in the upcoming weeks. Personally I'll be waiting for confirmation of the downtrend and then...

cryptoillusion

Hello Everyone, a almost great Gartley Pattern is forming, what is your thoughts on this? We have resistence way up higher on the higher TFs. What do you think that will happen? A classical pattern victory (short) or will we go further higher before another drop? Cheers and Stay Safe Folks