Gann Box
There Is Room For MoreThe bullish divergence on the 1h and 4h charts have stopped the downtrend at 1.1298 which is considerably low if we are to count the pips from 1.2555 this year high. Inverted H&S developed first on the 1h chart and then on the 4h chart that propelled the price into the 1.1444 zone and could fuel for more in the upcoming days. Our mission is to identify key resistance levels and place longs and shorts to maximize our profit. For now, the bearish magnetism is minimal with RSI being above 70 on the 30m and 1h chart and regular bearish divergence in development on the 30m chart. There is little fundamental impact until 12:30 (GMT:0), August 22nd, which is also the end of the 5-3 EW cycle (high: 1.1478, low: 1.1298).
Price Action Scenario:
1) Monday, the price heads towards 1.1475 which is a 0.389 Fibo retracement (high: 1.1478, low: 1.1298) and is also the upper limit of the trend (1h chart). It is rejected and dips back into the 1.141x area which is the lower limit of the uptrend channel.
2) Tuesday, the price heads towards 1.1523 which is another key resistance level where several Fibo extensions and retracements meet. It is rejected and moves back into the 1.1475 area.
3) Wednesday, the price enters a mild bearish divergence on the 4h chart and slowly exists the uptrend channel. It retests the 1.152x area and then reverses and heads to 1.12x.
Order Entry And TP:
Monday | Long, TP 1.1475, SL 1.1391
Short, Entry 1.1475, TP1: 1.1439, TP2: 1.1418
Long, Entry 1.1418 - 1.1439, TP1: 1.1475, TP2: 1.1529
Tuesday | Short, Entry 1.1523-1.1529, TP 1.1475
Long, Entry 1.1475, TP 1.1523 (moderate risk)
Wednesday | Short, Entry 1.1475 - 1.1529, TP1: 1.1321, SL: 1.1578
Disclaimer: Please remember that the price can move beyond 1.1529 and reach 1.1540 area. The trading suggestions are based on Fibo key levels, the current uptrend channel on the 1h chart and on a unique algorithm for identifying reversals. The price will be out of the Gann box by 13:00 (GMT:0) Wednesday, 22nd of August.
XRPBTC Gann Fan trading moves away ...or is aproching?After hoping for a doble bottom that was masking a descending triangle maybe you are wondering for a support. We have one at 5800 satoshi! It is aproching very fast and 2/1 angle should still remain very close.
Which 2/1 I am talking about :) ?
Yeah, there are at least 4 parallel dynamic resistance that should trigger more and more buy, so fast your belt and good travel!
GBP/USD 1DBritains Most Censored (Non-Military) Stories
by Tyler Durden Wed, 07/04/2018 - 05:00 via TruePublica.org,
In this article, we have attempted to identify the most censored stories of modern times in Britain. We have asked the opinions of one of the most famous and celebrated journalists and documentary film-makers of our time, a high-profile former Mi5 intelligence officer, an investigative journalist with one of the most well-known climate-change organisations, a veteran journalist of the Iraq war, an ex-army officer, along with the head of one of the worlds largest charities working against injustice.
Consequences of American corporate influence over British welfare reforms
Climate Change, what a British oil giant knew all along
Government Surveillance
Evidence-Based Medical Studies
The Skripal poisoning and Pablo Millar
The City of London – A global crime scene
State propaganda – manipulating minds, controlling the internet
Censorship – Spycatcher
Censorship – The Internet
Dark Money Taking Power
Talking of Dark Money – Brexit and the climate deniers
www.zerohedge.com
Sorry, This publish is for a record, account tests & DevelopmentSorry, This publish is for a record, account tests & Development
If these keep showing in your feed, I have 42 to publish a record of and will get through them as quick as, it won't take to long, if it does get to frustrating `for you, send me a pm and I can change the category to something else that you aren't following so it does show on your feed any more, every time I have published 5 I will change the category to something else to stop the whole 42 of them clogging up any 1 person's feed.
Thank you for your understanding
STR - Short / Midterm - Horizontal movement Hey guys :) It's me again.
Like many other Alts too, Ste-llar stopped downtrend, with a horizontal breakout of falling wedge (first circle).
In the second circle we can see SMA 5 crossing SMA 20, which could be a good buy signal.
We got a fibonacci retracement support level @ 2363, and a Support zone around 2500.
In my opinion (Notice no trading advice) we will see much horizontal movement between support zone (2500) and first resistance and maybe target (3000)
Like shown in graph we got there enough space for short / mid term trades.
If Ste-llar makes it way above 3500, 4000 would be the next target. Nice opportunity for horizontal trading there too.
Happy trading! Watch out your steps!
(for longtermers: in my opinion the bottom is temporally reached. Buyzone 2600-2700 and SL around 2290 could be a good choice)
XRPUSD Gann Box; conservative bullish betI like the way that XRP has moved through the Gann Box here. Each time division brings a change of direction and the price levels have been pretty useful, too. Now we are in the final time column and the logic indicates price will close higher than it entered the same column. I think it's worth a bet, targeting the lover fib price level for TP1 and the next for TP2.