Bitcoin has a nice up trend line!Really hard to tell if this trend will be broken or not, and I'm not gonna make any predictions but if we can hold this line till the beginning of December, we will have a price of at lease 8400! so lets hope!
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Trend Lines Show Support for Netflix but Break Could Occur...NFLX is about to make a pretty important decision to either hold up this support trend or break it. I'm betting on the support line keeping it up because of the upcoming winter which is Netflix's best holiday, but we will see. Would like other peoples opinions! Thanks and Happy Trading!
AUD/NZD simple longOn the daily timeframe we see an uptrend with a nearest potential resistance level drawn above. Therefore, as the market retraces and touches daily trend line, I place a buy order with an anticipation to go higher. Stops are placed below the previous lowest low.
Potential Short on T/L BREAK. SHORT ON BREAK OF TL. TRADE INVALID IF 1.7310 IS BREACHED BEFORE T/L IS BROKEN.
USD/JPY shortThe market is overall bearish on the weekly timeframe as indicated by the strong blue trend line. We are currently touching it and sellers have been indicating that the trend line is here to stay for now. Looking on the daily chart, we do see a break into consolidation indicating a market neutral / slightly bearish stance on this pair. The daily consolidation zone is a good indicator for potential profits/losses. Looking deeper into the 4 hour chart, we see a lot of similarities with the daily timeframe as it is also currently in consolidation and has made lower lows, lower closes stopping at a 50%/61.8% Fibonacci level (depends on where you look from). As a result, I believe that the market will go down at least in the short run as indicated by my pending orders.
EUR/USD shortThe market has been in consolidation on the daily timeframe for a while now and is currently at the lower points of the mentioned zone. However, we have not made lower lows/lower closes for a while as well. Therefore, this indicates a market neutral stance for now. On the 4 hour chart we do have a forming pennant/triangle formation despite technically being in a downtrend. This indicates uncertainty and, in my opinion, should make traders "think both ways" before executing a trade. As a result, secondary targets have been adjusted (reduced) for the possibility of the market reversing and going up.
NZD/USD longThe weekly bullish trend line was broken and we are now in consolidation on the weekly chart indicating market neutral bias on the larger timeframe. We do have a bullish pattern near completion for a good long opportunity on a daily chart despite the overall market being bearish on the same time period. Profits are conservative due to the high risk of the market not being able to penetrate the referred daily trend line.
gbpjpy short 4Hwe looking for a breakout this line then we can go short to next level at 148.30
its a Fibonacci level .
BTC 3848 consolidation on target BTC's 3848 two-week consolidations on target. Actually a tiny bit bullish, just a little.
Short and sweet, take it with a grain of salt.
~Ji
This is not advice.
I don't need to be right or wrong.
I don't care if the market goes up or down.
Make your Own analysis and trade off of that.
If you have positive, constructive criticism and wish to share Please do.
Agreeing or Disagreeing is not personal and is welcomed in a positive way.
This is not a therapy outlet for negativity. Go join MMA.
Happy trading everyone.
45 min - 1 hour Sell/Put tradeWe can execute a "Sell/PUT" trade right after price respects the Trend line. we can take 45 minute trade if we be aggressive. If we're non aggressive, then we can wait until any pinbar, engulfing or doji confirmation then go for a 1 our or 1 our and 15 min "SELL/PUT" trade.
$neoI think we might go again now, on the treindline RN and probbaly bouncing off.
otherwise might go to the support at 700k
Yes we broke the wedge but...If you choose to buy here, caution is advised. Dip your toes in slowly (dollar cost average in) and have your stops just below the ascending BLACK trendline. I'm extremely cautious here and reluctant to buy until we have more signs corroborating this move up.
BTCUSD strong long trade setup (short term)So, a strong piercing line candlestick pattern has emerged on the daily chart, a few days earlier, and I wanted to go long, but the technical analysis was still a bit too much on the sellers side, so I entered the 1H chart, and waited for the resistance line breakthrough, before going long.
So I went long here at 3936.27
Stoploss: 3200.00 (2 % risk of capital)
Take Profit: around the 5000.00 price, depending on the future movement of the price.
As of right now, I think there will be a short term spike up to the 5000 level.
NZDUSD strong resistance line broken
NZDUSD has created a good short trade setup on the daily chart, according to my trading strategy. A strong bearish engulfing pattern, at the bollinger middle band, also breaking through a strong resistance line and two resistance levels.
The bearish candlesticks are also stronger than the previous bullish candlesticks. However since this is a trade formed around the bollinger middle band, I will only take a 1 % risk with this trade.
Stop loss: 0.72698 (70 pips)
TP: Around the next resistance line
As you can see on the monthly chart, a bearish engulfing pattern with a long bearish candlestick has formed, after af small bullish retracement. This makes this trade even stronger, and I will take a short trade based on the monthly timeframe, tomorrow.
ICO trading - SANUSD Part 1 - Buy alertRecently listed tokens can make good trading candidates. Everything you need to know is printing on the daily charts.
A low was formed and two previous days were counted backwards to enable green line to be drawn to the right hand side.
This is count back line analysis being used to identify a buy signal. A buy signal is a close of the daily candle above the green line.
At the moment SAN is on my watchlist. Awaiting confirmation of an uptrend forming. Higher lows printing daily candles is encouraging. SAN has recently been listed on Bitfinex exchange. I found this interesting as they have so few pairs listed for trading. Bitfinex have this week announced devlepoment of a new exchange for trading ETH and ERC20 compliant tokens. So I now expect the next announcement to be that this exchange with partner with SANTIMENT. That could see the charts pop! Stay tuned for part 2.
Bitcoin Broke A Trend Line, and then Returned Through ItThis is a really risky trade that I personally am not going to take but with this position that it is in right now, I believe if segwit goes well and the networks remains intact that Bitcoin will sore very high soon. It is very bullish if a currency breaks a month long trend line and then within days returns above it! Hope some people can make money with this! Also RSI shows room to move up so might be good. Happy Trading!
XRP is my biggest position :) (more clear)Been buying dips along accumulation period in the 9k to 11k range. I wanted to make a more clear drawing of my prediction.
my stop loss is set to sell below the purple major trend line demonstrated in the drawing.
thinking it will hit 20K reject providing a secondary entry in the 17k to 18k range then another target for 34k to 36k range.
Let me know what you think! and I apreciate any form of feedback
Stay profitable!
PLUG Break out of through resistance on large volume. BULLISH.PLUG (Plugpower) Break out through resistance on large volume and news that Amazon is buying 600m of shares. Resistance line broken at 2.40 now acting as support.
