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Guppy

Buying GBPJPY on Dips: BIG 500 PIP Target at 149-150.We are seeing a consolidating price action on GBPJPY during the last 4-5 weeks. And, this is quite expected. GBPJPY has rallied close to 1700 pips from the lows this year and in my opinion, the recent consolidation will soon lead to another rally. From the chart, I would like to point out 3 things: (To receive signals, ideas and updates, don't forget to check my signature at the bottom of this idea) 1) Price is above the 100D EMA, which clearly indicates that the BIGGER TREND is BULLISH. 2) We have a very strong support zone at 143.80-144.20. 3) Price recently broke out of the TRIANGULAR FORMATION. Now, it's retesting the triangle. Even if GJ goes back into the triangle there's plenty of support. So, in view of the above, I believe "BUY ON DIPS" is the right strategy. Scenario 1: Traders can go long when price touches the 100D EMA at 144.80. TPs can be set at 145.70 and 146.50 respectively. To keep risk low, use small SL at 144.45 Scenario 2: If 144.80 doesn't hold, traders can go long at the support zone at 143.80-144.20. TPs can be set at 144.20, 145.50 and 147 respectively. SL should be placed below 143.50 If you like this idea, please encourage me with your thumbs up. I appreciate your valuable comments and feedback as well.
Long
by TraderAvDM
I Don't Always Guppy but When I do, Bitcoin Just Flipped BullishThe guppy is the most beautiful indicator in a traders toolbox. I enjoy watching as this collection of EMAs helps paint a clear picture of uptrends and downtrends. Blue and green supper guppy means that there is a confirmed uptrend while red guppy shows a confirmed downtrend. We haven't seen the guppy flip bullish aka confirmed uptrend since the alt-season of 2018 in the crypto markets. As of now, it's a very bullish sign for Bitcoin that the bottom "could" be in.... but we'll want to wait and see for any future retests of $4200 or below.
BITSTAMP:BTCUSDLong
by JoshRager
2
TY1!: Bullish flag patternApologies if I have been focusing too much on the bigger macro picture but I am too busy with some projects to do individual stock screening. Nevertheless, if you have been following my posts, you would know I am of the view that we are in the midst of a major inflection point (check out the Preponderance of Evidence series and DM me for full written report if interested) so it is more important to get the big picture right. Essentially, the TY1! has:- #1 bounced off a key long-term support from 1999, #2 had a golden cross (50-dma vs. 200-dma or 100-dma vs. 200-dma) #3 been consolidating in a bullish flag which happens to be a continuation pattern. I am using a version of Daryl Guppy Multiple Moving Averages ('MMA') to complement the bullish continuation flag pattern; The MMA utilizes 2 group of moving averages, 1 fast, 1 slow, to track trend changes as well as trend strength. In the TY1! case, the MMA long-term moving averages are not showing any signs of compression which suggest the up trend is intact. Indicative ABCD upside potential is for a move up to $126.20.
TLong
by WellTrainedMonkey
BITCOIN CHART $BTC $USD BITMEX:XBT NICE PUMP BUT DONT LET YOUR EMOTIONS WIN, AND DONT LET THE NOISE CONVINCE YOU THIS IS THE BULL RUN EVERYONE IS EXPECTING. WE ARE INSIDE OF A MASSIVE FALLING WEDGE, IF WE HOLD THE WHITE CHANNEL AND TRADE SIDEWAYS WE CAN THINK ABOUT GOING FOR THE $4,200 RESISTANCE, IF THERE IS LACK OF VOLUME AND BEARS PUSH THE PRICE DOWN, THE YELLOW THENDLINE MUST TO HOLD, IF NOT, SEE YOU LATER.. -NEXT RESISTANCES $3,800/$4,200 -MAIN SUPPORT TO WATCH IS $3,500 -IF WE BREAK DOWN $3,100/$2,800/$1,900
BITMEX:XBT
by AMCryptoTrading
1
BTC guppy overhead resistance! Bitcoin was looking promising last week as we had entered into the midrange of the guppy EMAs but that strong rejection has caused the faster moving EMAs to drop back below We are trying to close the first one here with a Blue momentum candle but the way we close the daily will tell us more on whether this is a sustained moved or just a bounce before lower We did get the pink pivot candle a few days ago but the reversal candle we were waiting for never came to fruition and we did see a large dark purple candle show up on the spot exchanges, indicating massive selling on that dump If bulls thought they were in control, that was a very good sign showing who is boss Keep an eye as we re-enter the net here Thanks guys!
BITMEX:BTCUSD.P
by CM_Trades
BTC GUPPY ROLLING OVER! BTC continues its nice rally but we have yet to see a CRUP candle print on the daily Super Guppy remains suppressed and could be on the verge of rolling over Until we get full crossing over of the EMAs and the Guppy turning green, we can safely say we remain bearish The 200EMA remains high above around $5,700, which bulls are targetting on a potential breakout If we do turn over here, retesting of lows are highly likely especially with the unfilled gaps on CME futures Thanks guys!
BITFINEX:BTCUSD
by CM_Trades
GBPJPY Creeping Towards My Take Profit Then What?As predicted, GBPJPY is slowly creeping towards my Take Profit which is at the previous high level 148.000. When price reaches this level, I will bank the remaining portion of my position and look for signs of supply for a short setup. This setup will take place in the form of a bearish structure formation and I will enter the short upon confirmation of the break. Contact me via direct message for any assistance required Best regards Linton
Short
by Linton_White
3