20/11/2017 Silver AnalysisThere is a bearish candle after bullish movement, reaching the support level.
Candle
Stochastic Divergence Channel Line BounceStochastic divergence in a channel. I'm playing this one a little conservatively as it looks to be forming a rising wedge. There is still room to move up, but keep an eye on any reversal signals after you enter the trade. I'm confident in the move up and really like the reversal candle on 10/5 right on the trend line.
Buy: 17.00
Stop: 16.70
Target: 17.50 - 18.50
BTC Support and BounceLooks like we could head to 4000. From there, expecting a large bounce. Possibly to around the 5000 range. Watching the current 4hr candle to see if it will break and hold around the 4182 mark. Also, keeping a close eye on fib levels. Waiting patiently for a bounce.
CVC Buy SignalLast red candle on the 1hr chart has a long lower wick and lots of volume. To me this signals a good entry point and the final dump off before climbing higher. Lower wick on that candle was confirmed by bullish action on the next. RSI is also looking good.
AUDCHF Short IdeaDouble top forming potentially
Wicks telling a story
Really nice reversal candles forming at Monthly Res
28/08/2017 GOLD AnalysisA weak dollar rise the gold price with a big bullish candle. finance.yahoo.com
25/08/2017 EUR/USD AnalysisFX_IDC:EURUSD
"The dollar .DXY, in which oil is priced, fell after Federal Reserve Chair Janet Yellen made no reference to U.S. monetary policy in her speech at the annual central bank research conference in Jackson Hole, Wyoming." www.reuters.com
USDCHF - Bullish EngulfingUSDCHF has formed a significant bullish engulfing candlestick after bouncing off a previous support level. A significant bullish engulfing on the weekly timeframe also recently closed. SL set below previous lows, TP set at previous highs.
15/08/2017 BTC/USD AnalysisBITSTAMP:BTCUSD
After a strong bullish trend the taking of profit by the buyers of the previous days has produced a bearish candle.
Litecoin confirms bullish move. Target $55.This chart's pretty easy. After falling through our $50 support and then through an even stronger $46ish support we went all the way down to the bottom of our Bollinger Band. Bounced there. Made it back over our 50 MA and then used that as a resting place for about a week. This then helped lift us through an intersecting middle Bollinger Band and $46 resistance. We've managed to close above this level. This is an extremely bullish signal. Buy here if you haven't yet. We're set for the trip to $55, though I am not sure of the time frame to get there.
Happy trading all!
GBPJPY Bearish Engulfing Short SetupIn the 4H chart price has formed a bearish engulfing candle indicating the price might have been exhausted of the up move and is now being taken over by the bears. I entered a short at current price targeting at least the 0.618% retracement as TP. SL above 147.895
Safe trading guys!
AUDCAD - Bullish EngulfingAUDCAD has formed a Bullish Engulfing candlestick. Price failed to make new lows confirming this trade setup. SL set below previous lows.
