Entry @ Market Target @ 112.80 Stop @ 112.20
Hey guys, As you know I have been bullish on USD/CHF for quite a few weeks now. Let me show you something interesting. If you use MP analysis, you can see that the clusters which have the most volumes (the green and red lines) have been successfully tested by the daily candles multiple times. These clusters acted as resistances and are now supports. The...
According to my wave count I can see the pair edging higher and potentially retesting the 1.8000 level which also acts as a psychological level. We also got a breakout of what seems to be the total / partial correction of wave iv I would be looking to lock on profits as soon as the price reaches the highs of wave iii in the case that we get a truncated 5th wave...
Hey Guys and Welcome, GBPUSD retraced over 60% of previous „Week“ price action, we are following „Mid“-term Trend with a good RR. Price just retested previous H4 lows, I see a further drop following mid term trend making new lows. Short: 1.39300 Sl: 1.40702 Tp: 1.37550 Feel free to Comment and Discuss my Trades. Have a Great...
Hey Guys and Welcome, EurUsd broke back below previous week 60% Price action Movement, we are following „mid“-term Trend with a good RR. EU started this Week with a very bearish H4 Candle. Pinned last Highs taking out stops of midterm sellers and possibly heading further to the downside forming another LL. Short: 1.22750 Sl: 1.23543 (80...
Hey Followers I love these technical little trades, I think so many people miss them. On ETC/BTC, we have a double bottom formed (Circled in Blue) and a rally up through Resistance and the 50 EMA, price is now pulling back (turning resistance to support @0.00265. If we get a pullback to the level 0.00265 or the 38.2 Fibonacci retracement I will look to...
Hey Guys and Welcome, „GBPAUD“ retraced over 60% of previous „Week“ price action, we are following „Mid“-term Trend with a good RR. Price forming several HH and HL, new low created last week on Wednesday, we´ll see price pushing upside forming new Highs. Short-term downside trend under heavy bullish pressure. Long: 1.77620 Sl: 1.76679 (95...
Raiden Network Token has been trading between 62k and 13.5k satoshi during the past three months. Recently it found the support at 30k satoshi where it rejected the 127.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. At the same time, bullish divergence was formed by the RSI oscillator, suggesting the...
If at the beginning of the month the community of investors in crypto-currencies received a message from the authorities of some states about intentions to tightly regulate the scope of the crypto-currency, then towards the end of the month the events began to unfold more positively. - The recent meeting in the US Senate on crypto-currencies gave investors a...
Welcome to EBall's trader's thread. Where I analyze Bitcoin's wave count with alternatives and ultimately don't give a damn about what news causes the price action. This is a place of many updates, long threads, and the goal of making money. Opinions change quite often here. Investors beware, this is not the place for you. I still think we are downtrending. Can...
ADA/BTC is currently at the support line of the falling wedge. If it breaks out of the resistance of the falling wedge at 0.00003270, it will be a buy signal. This is a quick trade (1h chart), and stop loss at 0.00003195 (orange dashed line) is strongly recommended. First target: 0.00003519 (local top)
Hi guys, Wanted to share with you my view on USDCHF. It looks like DXY rebounded from the support line of the corrective phase of the pair after the strong impulse. We should now go and test the highs of this structure and could also see a breakout. Cheers Jesse
GBPCAD is near the top to complete daily correction. If it breaks the RED trend line, this could be beginning of the long down move. Should wait for confirmation before entry.
Here's a long trade I'm about to take on GBPCAD. I recommend waiting for current DAILY candle to close above resistance of ascending wedge formation and then placing a buy position with the suggested SL and TP. I'll update if anything changes - Happy trading! **Don't take trades based purely on my ideas shared with you; I'm just providing an idea for people...
Do you own analysis and trade with calculated risk
Hello traders! At this moment USDJPY had a strong rejection from the bottom of the daily channel - 106 level. You need to remember that USDJPY is in a corrective structure right now. The correction is not over yet. Short term target will be inside the channel. We need to see how the price will behave inside this structure . If the price will not rise...