Possible movement of ONT \ BTC next month Black line was support at 4600 and 4550 in april 2018 and became strong resistance from august 2018 at 4200, 4100, 4000, 3300, 3250 Green line, was support at 2000 and 1500 sat on march 2018 and return support from december 2018 to february 2019 ONT is in trend channel from 2000 (support) to 2500 (resistance), we are...
Hello traders, i am expecting euro to gain strength from that purple box. Also EUR/USD drops to test last week lows near 1.1200. Its a good entry point to buy for both pairs. Hoping another good week of trading. Control your emotions, and always use the correct risk management. bless !
GOOD RISK REWARD POSTING THIS ABIT LATE AUSSIE NEWS AT TIME OF THIS . NICE SWING UP .. HOPEFULLY WITH SOME FORCE :) ENJOI
I recently started studying the Slingshot system by chrismoody and find it super relevant so far. In the chart above we have an aggressive sell setup coupled with a bump into some simple MA resistance. On top of that this lovely opportunity comes after a somewhat exhaustible run up since first week of November 2019 making a small correction all the more feasible....
Gold has reached its resistance 1303 and will correct again to the yellow box area.
When global support breaks through in a triangle, go to 5000 sat. Stoop-loss at 8000 - 8200 sat. Volumes are large, but can be seen in the shadow of the candle that buy at this level, while good support.
Can you figure out the differences in the three pinbars highlighted...bearing in mind that the shape, length, or colour of the pinbar does not matter in this case. Pinbars occur in the market as a result of two scenarios: 1) When institutional traders place large positions in order to reverse what we call a "trend" 2) When institutional traders take profit off...
After a prolonged fall, OMG reached the global support zone on which it resisted and formed a double bottom. Now we see the movement up the ascending channel, as well as the figure of the wedge. At the moment we can expect a correction to the movement to 0.786 Fibo level with the subsequent increase to the upper border of the wedge 0.618 level of Fibo. When it...
Recently, DASH has been growing steadily, but against the backdrop of a growing dominance of the BTC, we can see the asset correction at 0.382 and 0.618 Fibonacci levels. If we break through the current level of resistance, it's the channel of the downtrend, there will be the possibility of movement for further upward movement to the next resistance #2
One coin that stands out durring these crazy times are ETC. Ethereum has had a ATH of 1280$ (BITFINEX) and yesterday we saw a crazy pump into ETC, but due to BTC crash ETC had to go back to sleep. This coin has been the victim of alot of FUD. Its a fork of Ethereum. ETC has a great team and a great vision, but there are problems. Lets ETH implements POS. That...
LLOYDS BANKING GROUP has developed a strong uptrend. This uptrend is likely to continue. It is a well-capitalised company and has positive analyst ratings. Recently it has broken the long-term downtrend.
The beginning of October saw Gold making a bearish break of the descending triangle following positive data from the US to support a December rate hike. Since then, Gold has slowly retraced and is now hovering around the 200 day moving average. As India begins its Diwali festival and continues through the wedding season, Gold demand is expected to increase. Along...
Buyer optimism and momentum meeting strong resistance. Shorting the bounce off major level, back towards the 10400. Along with the stochastic levels rapidly approaching overbought, thus confirming further my position when this level is approached. a triple top formation seems to be forming on a longer time scale possibly this pattern leading to a large...
I will be watching this pair as I see Bullish Momentum on higher time frames. We are currently trading near the 78.6 Retracement level on the Monthly timeframe. Here on a lower time frame, I see it wants to break our down trend structure. If we get a Break of Trend on the Daily, Ill be ready to go long! HAPPY TRADING