BOX
Forced to draw!If I was forced to draw another "indicator" or add more color to the chart, it would have to be the blue shaded box.
It's pretty close, just most recently the support is a little higher than previous areas of support!
We need to break to get a nice move.
$BRD hitting the buy boxSince its movement outside of the downtrend, BRD has been in an accumulation period. As of right now it is inside of a buy box that has represented a strong support for this coin.
GBPCAD 4HPrice is in a tight range currently, we could see a potential breakout to the downside to retest its broken trendline, before continuing its uptrend.. Watch price once at the green zone
WTW - Falling Wedge / Box BreakoutWTW has been consolidating for almost 4 months.
It has stochastic divergence at the breakout point of a falling wedge.
This signal should move the price to the top of the box and possibly a breakout.
Buy: 44.29
Target: 46.24 - 49.38 (4.40% - 11.49%)
jbzstocks.com
@jbzstocks
Next stop : 13,800$ before 2017-12-13 9PM (GMT+1)According to my previous analysis which revealed to be true, I can tell you with an 80% success rate that bitcoin will re-test 13,800$ level before 2017-12-13 (9 PM GMT+1).
The orange box is the zone where the price should retest back the red median line in the channel.
If the price doesn't hit back the median line after the orange box, we should consider that as a breakout and that the price will go higher or lower for sometime before coming back to the channel someday.
In the meanwhile, there are about 80% chances that the price will hit back the median line before the end of the orange box.
Tools used :
- Andrew's Fork
- Andrew's Fork Median Line
- Austin Box
Note: If the blue dotted line is broken, there is a very strong chance for the price to go really BEARISH.
These tools revealed themselves to be very accurate with about everything (currencies, commodities trading, gold trading...)
I strongly invite you to check it back on 2017-12-14 to see by yourself their strenght and effectiveness.
One Guess? $BTCUSDI'll give you one guess where we're headed? Ignore the Overbought status for a bit!
GBPJPY SHORTGBPJY LOOK LIKE A GOOD SELL
H&S PATERN BUT WAIT THE BREAKOUT OF THE BOX, AT THE BREAKOUT IS A GOOOD GOOD CONFIMATION
TRENDLINE
DESCENDING TRIANGLE TP IS 300 PIPS
ENJOY THE PROFIT
Think outside the box, trade outside the box.Too much dumb money placing trades at this point,
Don't trade USOIL unless the price breaks out of this consolidation area.
I can't stress the importance of fundamentals enough on this one.
But since we can't take in all the market information at any given time,
we better wait for a tactical entry.
USDJPY 4HUSDJPY after it broke box range dropped all the way down filling the gap @ 109.50 as we know gaps serve as support in this case.
If price breaks below gap support the next target is 108.50
EURUSD 30' Bull Flag BreakoutFX:EURUSD
I'm long again on this Bull Flag breakout. The market reading is the same as today earlier, but with a different timeframe and momentum.
The actual candle just formed a big Bullish Outside Bar, breaking up the consolidation box and showing the strong up momentum.
The day trading relies good part on timing and momentum, it's important we realize that.
