If ETH manages to breach the 1.618 fib at $137.60 identified in my last post, the next sell setup will be at the 100 day EMA - $139.68. Happy trading.
As I said last week, Eu broke old intermediate lows and make new intermediate lows, all this because dollar reach 97... Now I am expecting that dollar falls that means an up move for EU and all the pairs related to dollar. I think that EU will make a little retracement and then go around 1.435 or a little bit more. Also I think that EU wont make new intermediate...
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-2 days Actions on - A – Activating Event Market will meet resistance in zone @75.87 - 76.50 and fall to the @ 74.5 In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 74.5 FX:NZDJPY...
stop loss was unfortunately hitten in the last operation cause the price didn't completed the ross hook pattern , right now the price is giving us another long opportunity on the trend line , let's see how the price move .
my view for the move of the nex week on eur usd , let me know what you think about it ithink it's a good trade . cheers
i've already caught the two major rejection from the trend line , now the price ig giving us another opportunity to buy for a little bit more of profit ( ross hook pattern or 1 2 3 how you wanna call it ) let me now if you are gonna trade this ! cheers
After a very profitable long trade on the hourly chart I’m now facing a short setup. The higher timeframes are alls till in bullish territory, but they also show some solid bearish divergence. The hourly chart is trading below MTFA resistance, which seems to be rejecting the price at its current level. The CMF is showing bearish divergence and is currently still...
Litecoin failed to follow through on the bullish breakout, just like bitcoin. And again just like bitcoin, we’re stuck between 2 MTFA levels: 45.2 and 40.8. Selling pressure has taken control as the CMF has turned negative, and the indicator has plotted a short setup. In this case I’m ignoring the breakout level shown by the indicator, but placing the entry...
As I mentioned in the previous bitcoin post, my confidence of this move continuing upwards is dwindling. The longer we move sideways, the more likely it becomes that the direction of the next move is down rather than up. We had 2 failed bullish setups, which indicates that Bitcoin doesn't really feel like turning bullish just yet Currently we’re stuck between the...
All higher timeframes are in bullish territory, except the weekly which is consolidating, so everything is pointing bullish. The 1 Hour chart as well as the daily chart are on bullish setups, which gives me a high probability that if the hourly chart triggers, the daily will follow through. I expect to blow through the first two resistance level, but we’ll have...
We reached the MTFA resistance level and the indicator told us the market was overextended. As I mentioned in my previous SPX post: use the tighter stop if we see overextension. Stop was hit at 2749, and now looking for a possible re-entry. All higher timeframes are still in bullish territory, but the indicators are showing some signs of weakness. Both CMF and the...
hi guys , i've already caught the two major rejection from the trend line , now that the price has moved enough is retracing , forming an eventual ross hook pattern ( or 1 , 2 , 3 how you wanna call it ) serving us a pretty sharp entry in favor of the north-directioned microtrend , get ready to trade guys and let me know if you will trade this setup . cheers
Important set up daily feb 13, 2018 at price $5.80. Above this level stong buy, 1st target $8, 2nd 10.8$.
interesting spot for AION here after seeing WAN and ICX moving this is probably the next one
Sit right hold tight, battle royal in progress.. enjoy with retracement rings: Cheers, Keops
If the dollar index (DXY) pullbacks at 96.60, and XAU/USD rejects $1320, it is possible to long EUR/USD from 1.12700 into TP-1 @ 1.13600 and if supported by strong fundamentals on the eurozone or deteriorating fundamentals of USD, TP-2 @1.4400. Pullbacks on DXY indicates a weaker dollar therefore strengthening the euro. On the technical side we also see a...
XAU/USD seems to be in a consolidation range between $1320 and $1280. Prices have rejected $1320.00 which formed lower lows therefore it may indicate a pull back towards $1297.00, in line with 200 days MA acting as a support before proceeding to form higher highs.