Litecoin - Classic Long Setups in this 'Bull Run'Check out these break and retest setups.
Using technicals on larger coins adds weight and allows you to identify higher probability entries.
We can see price breaking through key levels, retracing before another push to the upside off previous resistance levels.
We can see price has stayed above our ascending trendline for sometime.
Interested in Crypto or Forex? Drop me a DM!
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Ethereum - Long Term Outlook with Potential Buy Zones!Ethereum - Daily Chart
Zoom out for the bigger picture. Crypto investments can offer a great way to diversify your portfolio!
We have identified two potential buy zones on Eth. Lets see if price does dip to one of these levels. Patience is key!
Disclaimer: Crypto investments carry a high level of risk and you should only risk money you can afford to lose!
EUR/JPY - Key Technical Aspects on this Chart!Some really key technical elements on this chart you must be aware of when trading forex:
1. Key Levels in the Market. Where price has tested this level as support and resistance.
2. Triple Top Formation - Price has tested and failed to break three times. Reversal indication?
3. Break and Retest Setups - Trending markets where price has broken through resistance, retraces to test a level as support before another push to the upside.
Will we see a push to the downside on this pair?
CAD/JPY - Double Top and Reversal Potential?We can see price has been respecting this trendline. Price is pushing to previous highs. It'll be interesting to see what price does at this level. Will we see bears enter the market and price test the ascending channel, possible break and reversal to the downside. Also marked are potential key levels in the market that price may respect either as support or resistance.
EUR/JPY - Bulls pushing once againPrice has bounced off our key level and continues to push to the upside after a small retracement. Will EURO continue to gain on the JPY in a very fundamental week?
Watch out this week. Follow an economic calendar and news websites for up to date fundamentals!
Have a great trading week! Like always, any forex related questions please don't hesitate to drop me a DM!
NZD/USD - Short PositionWe can see this position still running profitably despite a pullback at market open.
In line with our long term directional bias and LTF price action.
Lets see how this develops over the coming days.
Have a great trading week all! And any questions you have about this set up please don't hesitate to drop me a private message!
EUR/JPY - Who wants some classic B&R?EJ has produced some great setups over the last couple of weeks as the overextended bullish cycle continues.
We can see a couple of great B&R setups. Will price continue to target the previous highs and form a double top? Will we see some retracement and bears sitting at this level?
As mentioned previously, this pair is currently weakness vs weakness.
USD/CHF - Ascending StructureUSD/CHF - 4HR Chart
Price has been trading in this ascending channel. Not long ago we saw 6 year lows on this pair. We have remained bullish on the USD throughout.
Price is testing the topside of our structure. Will we see a breakout to the upside or a retracement before another bullish push?
GBP/USD - 1.41 Tag. The bull run continues.GBP/USD - 4HR Chart
Price has tagged 1.41. Last week we saw price finish above 1.40. This key psychological level (1.41) in price is coinciding with the top of our ascending channel on Cable, so will we see a bearish day for the pair?
Keep an eye on this pair. It is currently very fundamental. How much weight do these psychological levels have in these market conditions?
USD/JPY - Bullish cycle imminent? USD/JPY - 4HR Chart
We've seen a bounce off our long term ascending trendline. Bullish cycle upwards imminent? Will we see price follow our forecasted price path?
Do not use trendlines alone to take trades, however - they can be great to help you identify the trend on the HTF.