As shown in the chart, we have a complete uptrend running flat correction, followed by a flag formation. If upside breaks the flag around the 108.200 level... Very good confirmation for a BUY.
The US dollar strengthened against the euro this week as markets assess the likelihood of an ECB rate cut. We've already locked some profits of the earlier bull-move in our Trading Club and closed the remaining position until the dust in the market settles. Bear in mind that, although the Fed took a dovish stance, there is an important difference between the...
Known Crypto Cave Free Trial Chart I made this after watching his tutorial, let me know if I can do anything better.
O Bitcoin acaba de dar uma entrada de compra no gráfico Diário, após o rompimento do Candle de sinal pelo Setup 2.2 ensinado no curso de Indicadores do Guia do Trading. O alvo da operação é 2x o tamanho do Risco, ficando na região dos $7.800
Looking for GJ to stay within pattern and make a move back to 140
As is the case with many other alts, Gulden (NLG) suffered hard from BTC's bullrun. Now has the time come for Gulden to shine once again. Looking at the 1 year chart and the MACD, MA-cross and the RSI, we notice that Gulden is almost on it's way to the 300-600 sats region. Buy at these low sats as we are heading towards the first resistances at 350 and 500 sat....
The sentiment is bullish due to the fact that the price has just broken out of a descending channel awaiting a likely retest. The channel is within a descending triangle pattern, one of which might be a continuation or reversal pattern, telling us to either hold our positions when the target is reached or go short. Good luck!
This is my NZDJPY setup for Sunday. The ascending wedge indicates that a sell is coming.
The pair appears as though it's forming an Ending Expanding Diagonal and we could potentially be heading back up into the recently broken structure level around the 136.76 levels. Stay tuned for the updates! Leave a like and follow me if you enjoy what you see.
Harmonic square setup in action! enjoy!! Cheers, Keops
Looks like the pair is setting up an ABCD pattern and we are looking into catching the D leg all the way up to the 0.7180 - 0.7200 region. Stay tuned for daily updates!
So on yesterday's post we covered the Daily chart and this just serves as a little update. We have bounced as anticipated (see yesterday's idea) and we are headed towards the top of the A leg. However, there is always the probability that we won't head all the way up to that point and we could just start dropping from the new structure level highlighted just...
The last EUR/USD idea on the 4H didn't work out as expected and upon switching to the D timeframe the patterns become a little clearer. We can clearly see a strong impulse to the downside and we are now in a consolidation phase which in my opinion will be developing in a zig-zag or flat correction according to Wave Correction types. Anticipating the C leg up...
The GBP/USD is heading towards a pretty significant structure level ahead and I believe there is going to be some sort of bounce as sellers begin locking on profits - those who were able to jump in from the start of the move. What do you guys think? Let me know in the comment section below. **THIS IS MY PERSONAL OPINION AND NOT A RECOMMENDATION TO TRADE.