martin2048

martin2048

I have noticed this interesting setup - you can see CCI under sinking under 100, proximity of strong restistance levels and even tail pattern. So let's try it :)

martin2048

I just want to share with my thought on BTC today. As happy as I am about a current bull run, I want to be cautious and secure the profits with protective stop-loss (only to buy more bitcoins on lower price :D). I think the level 22420 USD makes sense as the long shadow reached there. Please tell me your opinion in comments :) Stay safe !

martin2048

I have spotted head & shoulders pattern in making. I combined it also with support and Fibonacci. In my opinion this can be an interesting short opportunity. Trade safe and good luck!

martin2048

I will be brief. Important support was broken and there is a very nice wide space for a short trade. SL as on the chart, TP you can set as it suits you.

martin2048 Updated 

We can see a very nice NANO uptrend. Important observations: On D1 - 11 and 22 EMA are aligned in uptrend formation on H4 there is trendline supporting the uptrend on H4 we can see long green candle with quite big volume (which is also a good sign). As I hold some NANO at the moment, Im waiting for uptrend continuation and looking for the right moment to go to...

martin2048

Very nice Head and shoulders pattern as described. Wait for the neckline to enter short trades :)

martin2048 Updated 

as described.

martin2048 Updated 

I just see a nice buy opportunity for EURUSD - you can see supporting trendline and also volume by the last bounce on 30M looks good. I will give it a shot. SL and TP on the chart.

martin2048 Updated 

We are moving in a downtrend channel and I suppose the next target is 3600 USD. Im waiting for a good entry near upper trendline. Oscillators can help us determine the entry - according to previous values I expect RSI > 50 and Stochastic > 80 or at least nearby these numbers.

martin2048 Updated 

Just a short notice - I think BTC is going up at least to 4300. Downward trendline was broken in direction up.

martin2048

As described in the chart - RSI and Stochastic confirms bounce of support. It can be interesting to enter long trades.

martin2048 Updated 

I see a potential bounce from resistance levels of EURAUD at 1.61 and 1.62 - as described. On the fundamental side - EUR has not very strong fundament. I hope AUD GDP could be positive - that could help this trade pretty much. Anyway, the resistance level @1.62 should hold. Trade safe and comply with money management rules. Good luck

martin2048 Updated 

Just a quick though - as you can see on my chart - AUD gradually strengthens, but I suppose it will bounce back from the resistance zone. It could be a wise idea to go short after price action confirmation. For those feeling lucky there is a small long trade in the upside channel.

martin2048

As described - I noticed that upside channel was broken and now it makes sense to search for good entry for short trade on the upper trend line of newly forming downside channel. Updates later.

martin2048 Updated 

I have spotted an interesting trade setup on EURAUD - it looks like we are bouncing from the support @1.57257 and heading towards resistance @1.58 and 1.58416 (these levels are approximate, please don't take them literally). You can see that EURAUD is moving sideways from 25th June - which makes this range very strong. I personally opened long positions: SL:...

martin2048 Updated 

I identified downtrend channel on GBPUSD with a few confirmations - we broke important resistance level and also fundamentals play along - weak CPI data from yesterday. It is a good idea to enter short trades on the upper bound of the mentioned channel. resistance level @1.30515 fundaments - weak data from Britain: July 18th - Great Britain Core Consumer Price...

martin2048

We can see very interesting setup - downtrend MA crossover of 22 and 44-days MA. I drew Fibonacci retracements and for us important levels are 50% and 61,8%. For those who want to risk more - they can long from with tagets on these levels. For the conservative ones - these levels could be great entries for short trade. Trade safe !

martin2048

On H1 we can see bullish MA crossover built by 22 and 44 EMA. As usually I used the technique with swing high and swing low before and after the cross. Then I drew Fibonacci and looked for entry levels - this time we went to 38.2%, hopefully this level holds. If that is the case, we should grow to 121.7% or even 161.8%. I personally stay with 121.7% TP. We can put...