BOOM
Institutional view on CAD/JPY 400 pip moveSo here is a institutional view on CAD/JPY
The red lines show what retail traders work with (support&resistance) and head and shoulder pattern shown here!
The blue lines show where the liquidity is for the institutions to move the market and where the market will finish.
The institutions will take liquidity from the retail sells and buys force the stops and stop loss to be activated then move to old highs (84.00) where they will leave the marlet.
Id advise as this is a new strategy for myself to watch this play out do your analysis and learn.
My entry price would be set at 80.00 and TP 84 that would be 400 PIPS profit
Summer Boom is about to go bust! Buy opportunity in August!** I am an experienced trader that looks at the long term. I'm often right and sometimes wrong. I do not rely on specific technical indicators, but look at long term patterns. If you're just here for short-term gains, better move along, partner. NOTHING TO SEE HERE! **
I have been trading altcoins since 2013 and am quite comfortable now. I have always been trading bitcoin based on long term patterns and in the mean time just traded alt coins. With the high dominance of bitcoin, I do not see altcoins gaining a lot of ground before the end of the year. It is quite likely bitcoin will keep increasing in value until mid December. Alt season will be in early January.
Over the years, I have noticed that each summer we reach an enthusiastic peak of the market after which we have a late summer drop which is an excellent opportunity to buy again. I'm selling now to buy back 50% more btc around 6000-6200.
**THIS IS NO TRADING ADVISE :) **
GBP/JPY *This has already killed me once* Hey friends ,
For me , i am waiting the sell of in this pair , I was trapped but i remain in my main bias as always .
I see higher lows in this 'down trend' and i analyze the daily chart for info ,
I place sell order with stop loss in daily resistance or for the biggest account you can put the stop loss in pink spot that i have mention.
Our targets will be at support or more if this pair melt down.
Thank you .
Trade safe.
Just some long term thoughts on BTC/USD - BullishHistory tends to repeat itself and bitcoin has done this before more than once, the last time it had a similar drop in value and had a period of several months before a steady rise. Looking at the weekly chart I believe that bitcoin has bottomed out at $3000 and will be range bound up to $5000 dollars (roughly) for several months before rising up to the $6000 mark, a key resistance point. Once it gets there, the expectation of halving, the renewed confidence and greed will push the price upwards to break this key resistance point, once broken an upward trend will resume and then BOOM.
* The A/C line shows there is still strong accumulation.
* Previous downtrends have done the same, with similar percentage losses
* Confidence will begin to build up again as the Crypto space has hit despair.
* Expectations of bitcoins reward halving (about 300-400 days)
* History repeats itself and Bitcoin is growing and taking root more than ever before.
* Bitcoin still rules the darknet and provides security for those around the world whose national currencies are worthless so Bitcoin won't just go to zero.
The above is my opinion ONLY. If you got a counter view then hit me up, I'm a total novice by the way to all those super traders.
You looking to buy Tilray TLRY? My guess for an entry point
Tilray TLRY just blow up in mid 2018 and lost from its highs around 80%. We are currently at around 70$ and Ill guess it will drop another 35% from here, to see it close the Gap at around 45$.
Tilray has only 76 Mil. shares outstanding and around 15% of it is in free float. Thats also the reason why it took off so extremely. The less shares are available the more pressure is to the upside of the price when people want to get in. They have a pretty strong investors background that is supporting the company and I think it will be a hughe player in the future of the cannabiz. They make strategic investments and cooperations like the Anheuser, Novartis or the Sandoz Deals. They are GMP certified and allowed to ship their product to Europe. They do not make stupid acquisitions like most of the other companies just to say "we bought something over there and over there" what will eventually never pay out. They don't need to wash money like Aphria (buying companies, that were bought private by the insiders of the company which bought it for a penny and sold it for a gold coin to Aphria to cash them selfs a nice bag), because they are already rich.
I see a bright future but on the 19th of January the insiders are allowed to sell their shares and that will make the price drop. So that's why I am waiting at least until the 20th to see how the stock behaves and I consider to buy at 45$.
Just my opinion so make your own research.
And like always
MAI THE MARKETS BE WITH YOU
When everyone screams recession; run the other way!You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement.
What are the common sense clues?
The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier?
Why can't we make some serious profits after 10 years of an absolute garbage economy?
Headlines for the past two years have been all about Elon's gaffs
Very few called the recent FANG "crash"
All of the technicals are moving in the right direction
Fundamentals are easy... when EVERYONE is calling for a recession, we know the opposite will unfold
FINALLY: Show me an historical All Time High back to the great depression, then show me breaking that ATH, finding support, and it not creating a new bull run. The trend is your friend and stocks are in full bull mode with no signs of reversal.
-racethehair
Buy opportunity for Gbp/usd ...after crazy ride Hey traders ,
for the days ahead , i see that the price in all time frames except 1min and 5 min and 15 min the trend is downtrend , the price is above MA 200 so we have to search about short bias but this is not for me right now , second the AOV- area of value is on the new support -the old resistance and closed on Friday with new resistance on 1.28400.
The entry Trigger was the nice reversal candle on H4 ,or you can see it on lower time frames.
If this bullish setup continues we aim on 1.29000, if this break the next station is on the lows of 1.26634
Set stop loss 1.28000
Care its high risk trade because the Trend is downtrend and the news is not good for gbp , but we cant see the reversal candle and dont use it ,
the main trade on this one is that will fall down , but for the week ahead maybe bounce at the price that mention before.
Thank You
Euro/Usd lets talk a little bit. for the H1 Hi there ,
First of all i don't understand why still traders buy in and take long positions 2 days before , you see that the euro is falling you don't see the support? the price move between resistances and supports.
But lets see, today we have a bull run in H1 and the price just touched the resistance (the old support) and the next hours will saw us if the price will stable there and go up to 1.58500. Also we have the scenario B' to fall down to the first target that we will find buyers or to the next one.
For me we aim to 1.58500 and then come back to the old buy zones .
Let The Knowledge Run ....like money
The Master of Forex
XEM been SLEEPIN, and ready to launch. Just waitXEMBTC on Bittrex shows the History of its booming capabilities.
This is looking like an ideal buy right here. history shows it does mega pumps once it reaches these lows.
Dont say i didnt warn you.
TIme table is subjective to change but look for next spring ~March 2019 -- April 2019 for the fireworks to have really shown its true colors
I drew some COLORFUL LINESWho knows if these lines actually signify anything but lets be honest my predictions are probably just as accurate as the top analysts... and mine are more fun. BIG BOOM COMING! I saw a dude in star bucks wearing a blockchain shirt. That combined with the fact that my lines come together and make a point is a sure sign we finna make some DOLLAS!
Big invest guys.
ONT Equilibrium Pattern Breaks BullishONT zone got VERY tight overnight allowing us to zoom all the way into the 15 min chart to follow. As you can see it became tighter and tighter until it came time to test the 12MA and 26MA.
Previous attempts have broke bullish on this time frame, but the bears finally tired out and the bulls take over the 15 minute time frame. Breaking the the 12MA and the 26MA and shifting their momentum and moving them in the right direction!
We now zoom out to the 1HR chart, and see what the bulls can do here. After the bear momentum yesterday the moving averages are primed and ready to come up and break through the 100MA to regain bull dominance.
For now, we wait and see if the bulls can keep it up!
J-DOT-CRYPTO
BEST Risk-Reward-Ratio! Ride the next WAVE surfboys!Hey my friends,
good chance at this point! :-)
Please wait till we have the support confirmed.
We have August and less liquidity plus more volatility.
A lot of Fakeouts possible. DAX profits by a strong USD but also worries about the whole situation we have to deal with.
Cheers and good trades
Irasor
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LOOM - Heaven or HellDear Jumpers,
Here is a very young coin. New listings can be very frustrating as it usually takes plenty of time to stabilise. In this case we saw a pretty solid Impulse up and a nice correction.
Now we find LOOM in a falling wedge looking to break up.
Please buy ONLY after reaching the Entry level and stay true to your Stop Loss
T1: 8049
T2: 8967
SL: 6014
I will update as the coin moves.
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I'm not a financial advisor, just a rabbit.
LTC is TIGHTLTC equilibrium within a larger equilibrium. It feels like LTC has been in a tight spot for the last forever, so things could get interesting. I see two possible scenarios:
1: LTC breaks out of smaller equilibrium, which would break it out of the larger equilibrium almost simultaneously, and meet next resistance at 190 (with other resistances along the way probably, but look at BCH when it broke out) Boom boom pow.
2: LTC breaks down, meets the bottom of larger (purple) triangle @ ~116-120 and we then retest that support, and either come back up or go waaaaay back down.
I see #2 as less likely because of recent sentiment in the market. You can feel it on twitter. Many other currencies have also already broken out of the large 4 month bear hibernation phase, LTC eventually will have to also. Remember this is a speculative market, so almost everything moves relative with each other eventually. Plus, the current equilibrium is at the TOP of this larger triangle, not at the bottom, so bulls have been showing up for a while and buying, propping up the price.
MACD is slightly above the zero line, which is slightly bullish, but still is relatively flat on the 4h.
RSI is also flattened.
Volume is rather thin, and some people say that that is indicative of a strong break out up or down when in an equilibrium show like this.