Traders, Here's what I need to see before I start to dive into these crypto trading waters. -Stew
Despite the obvious that we are in a long-term downtrend situation on this pair; the appearance of a structure that looks more like an inverse head and shoulder pattern on the 4H time frame is suggesting we are on a verge of a reversal as we anticipate a breakout/retest of structure to hop in a potential bullish momentum. Risk Disclaimer: Margin trading in the...
W1 - bottom of the range H4 - bullish convergence H4 - inverse head and shoulders
KCS is on flames! From my previous idea,() the price had more than 12% and now it testing the new resistance after the breakout from the descending weekly channel. Now the price is testing the previous resistance as new support. How to approach? We are waiting for the new breakout from the 22$ level and if the price is going to satisfy our rules, we could...
In the last couple of hours, we witnessed a retracement into the neckline of the inverse head and shoulder pattern identified on the 4H time frame and this appears to be a confirmation for bullish momentum if the price does not break below the bullish trend line. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
GBPUSD positions appear to be doing well at the moment as we currently experience over 70pips moving in our direction. But it's not yet a tangible reason to be excited as the current structure needs confirmation in the form of a retest/rejection of neckline @ 1.32 to the upside to seal the uptrend continuation. See my previous video on this for further details...
This is a follow-up detail of the video I published on this pair during the weekend (see link below for reference purposes). It appears as though the price is about to break out of the neckline at $1.32 which shall be our confirmation for bullish momentum. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks...
A reversal pattern was identified on the 4H time frame as the pound appears to have bounced up to erase previous losses in recent time. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Trendline | Reversal pattern (Inverse Head and Shoulder) NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch...
Hello everyone, Our inverse H&S patter was right and now the price went up to resistance level. Soon we are going to have another high before the price goes back on the neckline. Make sure you take your profit ! Have a nice trading week.
Hello everyone, ADA is showing good strength and a bullish pattern is finally appearing. Is 0.8 going to be our next entry? Have a nice treading day!
The price had a breakout from the daily dynamic resistance and now the market is trying to have a breakout from the weekly resistance. On the daily timeframe, we can see an inverse head and shoulders and the price creates its neckline on the weekly How to approach? We are monitoring the price action, we made more than 11% since the previous idea. Now I'd like to...
The market had an important bounce on the Monthly key level and it created an ascending channel The price is testing the 4h resistance right now after the market created an inverse head and shoulders on the daily timeframe. How to approach? If the price is going to have a breakout from the 4h and weekly resistance, According to Plancton's strategy , we can...
In this update we review the price action in EURAUD and identify a high probability trade location, the confirmation required to trigger a trade along with price objectives.
Here is what stocks we are going to be watching for this week NASDAQ:NVDA Scalping puts under $270 Targets: $269, $268, $267, $266 NASDAQ:FB Scalping Calls over $337 Targets: $338, $339, $340 NYSE:UPS Scalping Calls over $220 Targets: $221, $222, $223
Was doing some weekend homework on stocks my social media followers are into while I watched the last few episodes of Billions and came to NASDAQ:PYPL . I've been watching this stock since it hit my alert at 195.59 in November. The last two weeks of price action have piqued my interest. On the 30 minute timeframe (which I consider the swing trading timeframe)...
We said previously that Nas100 is bearish however we broke bullish after the formation of a inverse head and shoulder formation and already did the retest. So we are anticipating more bullish pressure coming into New York Open. Will update as time goes on, stay tuned! Good Luck. God Bless!
Too early to say yet but this power earnings gap is a positive step. Like BT, Vodafone has been suffering a significant downtrend, but it may be coming out of it. Wait and see.