Highprobability
DSHUSD Short analysis based on pitchforksShort analysis based on pitchforks (median lines). After a breakout of the upper median line established a sliding parallel, this parallel can be used with high probability to success (with good risk management) in a short trade. The setup could be repeated few times.
More of the useful statisticsOver the last 5 years, there have been 9 independent observations where the S&P 500 Stocks at 10-Day Highs Minus Lows crossed below the level of 300.
After 5 days, the S&P 500 returned an average of 0.97%, with the return being positive in 89% of the observations.
Tuesday 22nd >> Tuesday 29th
BTC/USD - ON VERGE OF BREAKOUT! Hi Traders, Im actually gunna put more then 10 seconds of thought into this post and explaining my reasons and how i will play out this trade , usually i just post the chart with no reasons or how you should manage the trade ,or when to go breakeven. However this post i will explain everything.
Reasons for the long: @
BTC Has been falling for a while towards the end of this fall with have made an Ending Diagonal , which indicates to me a reversal is coming due to price squeezing.Price then eventually broke out and made a reasonable impulse up , we have then made a serious of corrections such as WXY & abc Corrections, I believe we should start rising as panic sellers look to have left the market and sold their precious bitcoins they bought at 10k+
GBP/NZD 250 PIPS WILL BE MADE - HIGH PROBABILITY / LOW RISK
It appears that once again the price was dumped into the psychological level: 1.8650 (in the midst of large fundamental talks) before price rallied 250 PIPS to the upside & potentially wiping out many traders short profits on the day.
The price action is as clear as can be and for as long as the pair trades above 1.9208 (weekly SUPP) then I expect buyers to step in, price to rise and some temporary faith to be restored in the hearts of those giving up the most energy to let their 'voices be heard' throughout the Brexit talks, votes and whatever other manipulation of the masses is occurring in the here and now.
I always remain chart focused with a 10% outlook over fundamentals. After today I would be very surprised if GBP/NZD sinks into new weekly lows! Many stops will be lurking just above 1.92408.
Waves : 70% profits opportunity in the mid term.Falling Wedge creation and at the verge of confirmation for the next move - whether further downwards or an upward breakout.
Mid Term Trade Accumulation Recommendation
Accumulation Area : 69500 sats - 71000 sats
Distribution Targets
Target 1 : 81590 sats
Target 2 : 89000 sats
Target 3 : 94980 sats
Target 4 : 100970 sats
Target 5 : 109490 sats
Target 6 : 120550 sat
Stop Loss : 55000 sats
* RSI very low at 20.
**Volume needs an increment to see a breakout.
***50EMA and 89EMA still needs to come lower than the price.
****A close above the falling wedge can be seen as a rebound from the support and confirmation for a long opportunity.
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
OMG- Short term overviewLow risk (high probability) entry using pitchforks. Good probability to get to median line...We will see...
Bitcoin : Bull Flag Creation - A chance to see a light.Bitcoin has been in consolidation during the holiday weeks and showed some improvement by the end of the weekend. And it showed a good uprise and is now testing its resistance and support levels. We might see bearish influence downwards upto 3850-3900 USD area and if bears can continue pentrating and broke the resistance we might see another leg down movement in the following week. But if Bulls can hold their strength and can broke the 4150 USD for sure and close above that resistance area around 4200 USD we might see a good upward move. This could also be a good thing for the alts which are not doing totally good for the last 1 month and a half. In the 4H chart both EMA50 and EMA89 are way lower than the price and RSI is at 61 showing a balanced chance for an upward move. If the bull flag creation is going to be confirmed our short to mid term targets given in our earlier call can be achieved very soon.
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
Bitcoin Reverse H&S ConfirmedEngulfing candle confirms bitcoins short term rally and time to setup distribution targets.
Short Term Distribution Targets
Target 1 : 4093 USD
Target 2 : 4370 USD
Target 3 : 4648 USD
Target 4 : 5043 USD
Stop Loss : 3340 USD
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
Trading BCH with the ZenTrend follower & Gameplan for hardforkThis is how we're trading BCASH with our indicator. Now there is of course news of the hard fork and all that, but this is how we have traded it purely technically based on our indicator. Check the post linked below on how to get access to the trial period and you can try it out for yourself!
We have taken the trades based purely on the breakout indicator and the trailing stop that the indicator plots.
We start at (1) with a long setup, which does not get triggered. The setup switches short (2) and we get entered in the trade. The market moves and we get stopped out at the red crosses the indicator plots. (4) We made a small 1.4% on that trade, nothing to get to exited about, but no loser either. We get another short setup which remains untriggered (5), followed by an untriggered long setup (6). At (7) we get another short setup which does get triggered. We get stopped out at (8) again with a basically break-even trade of .4% profit. A new short setup immediately follows and we get triggered short at (8). We get stopped out at (9) with a 2.8% profit. (10) Gives us another short setup that does not get triggered, followed by a long setup which triggers a trade at (11). We move our stop op as the indicator tells us to do (12). We then start getting extreme overload signals (the dots above the candles) (13), and move our stop to the bottom of the candles at signs of weakness. The other stop loss is moved up by the indicator too(14). We’re getting more overextension signals so we move our stop to the bottom of the candle at (15). Here we get out of 70% of our position, the remaining 30% has the stop at (14). If the market does move down off these overextension signals we will look for re-entry signals the indicator gives us to get back in!
Now looking at the hardfork, we plan to get out just before the hard fork at signs of weakness in price, as we expect coin to collapse after that. You can count on about 99% of all BCH that has been bought in the last few days to be sold as soon as the hard fork is done..
If we are wrong it that case we can always re-enter our positions, in safety.
To get access to the indicator and try it out, please go here:
Like and subscribe if you enjoy our work!
Stay calm, and happy trading!
ZenTrader
Long XRP/USD: daily TK-cross and a 4HR entryOur Trend Follower has gives us a 4HR entry after a daily TK cross.
LEt's got to the daily chart first
We have a bullish TK-cross (1), but the ZenTrend Follower has not detected a daily trend setup yet.
We have three resistance levels up ahead coming from past flat kumo levels (2), (3) and (4), which we need to watch.
4HR
We’re long from the long setup (1) and breakout of the trend breakout level. We could have re-entered at the re-entry signal (2), but as that came on a very overextended candle we might have been late to to party there, so we we didn’t take that re-entry. We broke the first resistance level (daily kumo), and got a weak overextension signal (3), and a medium overextension signal (4) on the current candle. We;re only an hour into this candle though..
LEt’s see if the daily kumo breakout holds, if so our next target should be around .0565 (5).
For now we can move our stop to either of the red lines, as we’re getting these overextension signals
PS. For our subscribers, this is the new version of the indicator. We’ll push the update to you in a few hours!
For more information on the ZenTrend Follower indicator please see below:
Like and subscribe if you enjoy our work!
Stay calm, and happy trading!
ZenTrader
Im going long on USDJPY, I have a verified harmonicHere on the USDJPY pair i have found an harmonic pattern. harmonic patterns are the most advanced patterns to emerge in the market and are highly accurate when applied correctly. Take a look at my detailed analysis and if you have any questions comment below. Happy trading and be sure to protect your risk.