Get started

Consolidation-breakout

[RDD/BTC] - Cup & Handle! ~30%++ ProfitGood Morning everyone! here's another profitable trade if it plays out right. ** Cup and and handle is the most common and profitable pattern! Reddcoin looks pretty solid. It's had some crazy gains the past couple of days and now it appears to be building a cup and handle. RSI and MacD showing signs of a reversal, I'm assuming its forming a handle. This coins is worth watching for sure. As always this is my trade opinion and the strategy i am implementing for my trades. Do your own research and never risk more then you can afford to loose. Please feel free to ask me questions and or comment your thoughts and ideas. Thank you & Best of lucks! (:
Long
by Gibmoses
2
UCAD MELTDOWN PREDICTED !!Amazing couple weeks for one of my all time favorite pairs. We have seen a huge 200 pip range for this pair for months directly under the weekly 50% Fib Retrace. In my last analysis posted I hinted that this was the first Lower High for the huge 1600 pip drop and we could see sellers take back the market from this range. 2 days later this came true with a meltdown of over 300 pips! USDCAD has now hit 1.250 area which is a huge area of resistance/support for this pair looking back through its history. I want to see a pullback from this price but currently do not see any seller exhaustion wicks. Do not get caught in any countertrends for this pair unless your confluence more then lines up because pips move quick on this pair. I am now looking for a re entry from a 4 hour retrace & will update pair throughout this month for entry/major moves. LETS GOOOOO BABBBBBYYYYYY!!!!!!!
by draked11
2
Seasonal Swing In CORNIt must be thanksgiving and Christmas because CORN has been looking ready to pop for some weeks now. December/January is a typical bullish swing for CORN. I expect price to move up into the 3.68 level in the coming week or two. Beyond that will be hard to say. There is some strong Bearish market structure lurking around. Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
CLong
by TheBadPanda
RidingTheTrainAgainAfter an area of consolidation of USDJPY for the last weeks, price is at a position where it may break the uptrend where it usted to come , and confirm the shift in momentum that may give of the new ride for the bears. On the other hand, the second option is that price actually respects the trendline going up, the level of support and we continue a little bit longer in the area of consolidation, expecting to break the highest ceiling and give room for the bulls to come.
by Rief96
EURUSD Bullish with cautionMy overall view on the EURUSD is bullish. However, once price hit 1.20193 the pair has really just been in consolidation. I have 1.18766 plotted as an area of concern because of the support and resistance that has occurred at that level. IF price breaks and closes below 1.1660 we will be in what I would call a trend rotation. (going from bullish to bearish) IF we get the rotation in trend we could see a test of 1.1473. Meanwhile, I will be trading the EURUSD on the lower time frame IF price puts in impulsive moves and then looking for my entry reason to be met. No IF price does end up closing above 1.20193 before it breaks lower then my bullish bias will remain intact. I would then be looking for a test of the 1.2200 even handle which is also the 127 ext of the last move up before the consolidation started. This is obviously just my thought process on the overall picture on the pair. Trading involves risk.
by rozela99
Signs point to a Bullish BTC trend. Signs point to a Bullish BTC trend. With the primary correction and consolidation complete, a strong bull flag, RSI breaking 50k on the daily, a completion of wave 4 with a movement to wave 5, and additionally, the squeeze momentum completing its cycle, we are now running with the bulls. Expect to experience resistance and stall out for a bit between 4085 and 4200. After that 4360 is another resistance level and then 4632, where I anticipate a strong consolidation and long squeeze before BTC tests the 5000 mark. Could all this be wrong?.... Sure, do your own analysis and trade off of that. Cheers ~Ji This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share Please do. Agreeing or Disagreeing is not personal and is welcomed in a positive way. This is not a therapy outlet for venting negativity. Go join a boxing club. I like boxing. Happy trading everyone!!
COINBASE:BTCUSDLong
by JohnnyJi