Hello There might be a long position on GBPUSD as the policy makers at central bank agreed to slow down the pace of interest hike so fundamentally we could have a bullish signal. other upside signals are: 2. Daily TL breakout 3. R2 (Traditional) Monthly Pivot breakout 4. 4h Trend Line 5. EMA 20,50,100 & SMA 200 upside Please consider risk riward ratio and do...
If the Descending Triangle+4h supply zone breaks Downward, a weak pullback can provide us a short position. Downward Signals: 1. Daily channel Downward breakout 2. S1 Monthly Pivot(Traditional) Breakout 3. Descending Triangle 4.Moving Average EMA 100 Breakout in daily !!!!5. if 4h Supply Zone breaks with a weak pullback turns to a resistance zone as a fifth Signal
WE can see 5 upward signals 1. 4h upward Channel 2. symmetrical Triangle upward breakout 3. 4h Resistance Zone 4. Monthly Pivot R1 (Traditional) breakout 5.Moving average EMA (20, 50, 100) , SMA (200 ) upward 4h If I see a weak pull back in 1h I will go for a long position with 1:2 ratio
If R1 weekly pivot breaks , a long position will be ready by its pullback
Just If Trend Breaks Triangle And Channel Upward Then I go for a Long Position
The chart tells it all: 1. Ichimoku is still signaling upside. 2. RSI is still strong. 3. Price has made higher high structure & seems likely are retesting the old resistance zone. Setup for Long idea: Entry price: ~$47.3k Stoploss/hedging: $43.8k Soft target: aiming $55k (and $61k next )
Tezos has not performed as well as other alts recently. That said, its price is also fairly resilient as BTC is correcting right now. In fact, XTZ is currently at a very strong support zone: Weekly P pivot, Ichimoku cloud and Kijun line on 4H. I think it reasonable to jump in here with this long set-up: Entrance price: ~$2.13 Stoploss: $1.93 (below S1 weekly...
The price of BTC has slowed down lately and almost completes forming a triangle. 1. The good thing about triangles is that they are more likely to indicate continuation than reversal (Schabacker R., 1932). 2. Ichimoku indicator on the 4H and the daily charts also remains the same setting: price above the cloud and Tenkan above Kijun, which means long only. The...
With a one-thousand candle, BTC has pumped through $20k as I mentioned last Sunday. Price has been up 13.8% (at $20.5k) since I entered at $18k. 1. Since we are making another higher high, the dip at $17.6k on Dec 11th has become a confirmed higher-low. Hence, it would make sense to move the stop-loss to right below this level. If this bullish trend keeps going...
BTC price has been up ~7.5% since I entered my long. Currently, it is approaching its strongest resistance zone at $19.2k-$19.8k for the fifth time. This reminds me a lot about the time when BTC was trying to break $4k in 2019. At that time, BTC also struggled at $4k resistance for a while, but when it successfully conquered that level, it didn't look back. Since...
In the last two days, BTC has been moving in a favorable direction for my long. Short term, I could see BTC possibly turning around and retest the $18.2k-18.1k zone. Day traders can potentially enter a short here at $18.55k with a stop-loss above @18.647k (Coinbase). However, I personally won't take it, but instead just sit on my hand and chill, since scalping...
Bitcoin has been correcting and is currently at a so-called decent support zone. Specifically, it is in the proximity of double-Ichimoku's baseline and MA50 line. In my opinion, this is a good time to scale in for a swing long, targeting $21400 and $24600, which are the 1.618 and 2.618 levels of Fib-expansion. If the bullish trend is not over, the current market...