[EURUSD] Magic in Motion
Believe me, each chart has a story to tell. Listen to it,observe the chart, it will reveal its secrets...
(Enjoy my charts as art, appreciate me as a trader, but do not perceive me as a financial manager, i do not take responsibility for your hard earned captial.)
The universe is conspiring in your favour always..
ART
The One Coin to Rule Them All, Chapter IDear Friends,
This is the tell of a hero, and the incredible journey he will follow to answer his true calling: Become the leader and savior of a kingdom once dominated by evil forces. But such great reward doesn't come that easily, and many challenges await on the road.
You will have guessed, this hero's name is Badger "Corn" Bitcoin. And like every good fantastic story, his ultimate goal is to kill the evil lord of this scorched land, the dragon of many faces, the one whose name raise fear in every heart... But I will tell you more about him another time. Badger has to reach Mount King, there are many ways to get to it. Let's take a closer look at the possible places Bitcoin might visit.
1. The Dark Forest ($8-11k)
At the moment, our hero is lost in the dark forest. Indeed its not easy to find one's path in the deep woods of this malicious place. Every path looks the same. Let's hope he will find the exit that leads to the hoping hills
2. Hoping Hills ($12-15k)
The exit to the hoping hills is in the northern part of the woods. Above 12k and Badger will have an easy stroll through this rather friendly countryside, populated by enthusiastic bulls. Another, more tortuous way leaves the the forest at around 8.5~9k and also leads to the hills.
3. The Swamps of Anger ($3-4k)
Countless have lost their lives drowned in the swamps. Stay on the path and you might find the fork that leads to the low pass. Choose well though, a wrong turn and you'll end up in a place no one ever came back from
4. The Dungeon of Capitulation ($1-2k)
Here is the most dangerous place on the map. I have yet to come across a soul to tell the story of what lies in the depths of the dungeon. If Bagder ever wanders in those parts, his will will be most likely tested like never before. He will have to gather all his strength and courage to not give in to the dark forces that haunt this place.
5. The Desert of Despair (---)
Might our beloved hero loose all faith, he will probably miss the path that shoots off the dungeon and end up wandering in the endless desert of despair. Who knows when, where and if he will get out of this forsaken land.
6. The Low Pass
This is one hell of a tricky road. Falling rocks, steep cliffs and venomous vipers are expected to be bothering our brave Corn. But the road eventually leads to the summit.
7. The High Pass
The easier road to Mount King. Follow the edge of the mountain to summit. Watch out for the crevasses
8. Mount King
Here it is! The top of the mountain. Mount King is a key milestone and from there Badger will be able to see what lies beyond, and what lies beyond is another chapter of this fantastic journey.
BTC Travel MemoriesHere is a chart that I drawed days ago. I have no experience as trader, but Bitcoin is travelling along the path I drawed.
What i saw on Btc was a big pattern forming. What I've done is just joined RSI most important oversold and overbuyed points and do the same with the price movements.
Is not difficult to imagine the evolution of the RSI and then combine it with Fibonacci, important supports and previous shapes.
If you look closer and switch to 4h chart you can see the movement of the las days and how I drawed it. Bitcoin is triangles, not blocks! OMG.
This is more like draw things on a chart because I don't know so much about his cryptostuff, so please don't take this as a investment advice.
Peace and love one which other!
GRASSHOPPER's HANDGOODDAY BLESSED PEOPLE !!!
Here is my ART about NZDUSD.
NZDUSD SHORT
ENTRY : 0.69250
SL : 0.70400
TP : 0.67200
RISK & REWARD : 1.73 : 2.90
NOTE:
1. I'm a SWING TRADER so for all the analysis I made, took more time for the result.
2. Trade safe, u dont need to follow my TP, take ur profit as long as u want.
3. Always move your SL above profit, there is no reason to risk capital.
Disclaimer : this is my trading anlysis, it is not an invite or recommendation to trade.
Could this be the support for the Pound?Gbp usd is a nice area which combines a strong trend line, The 50 FIB retracement line, and a strong demand area.
if we will see strong buyers coming in and bringing the price up, we could possibly see the pair at around 1.3030
**THIS IS NOT A SIGNAL , BUT A TRADING IDEA
**ALWAYS TRADE ON YOUR OWN RISK