Long-pattern
EURUSD Long/Buy IdeaEURUSD Long/Buy Idea
waiting for a momentum candle close above 1.0965 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Pattern (in blue)
3- Inverse Head and Shoulders Pattern (in orange)
Three confluences are enough to consider Buying EURUSD, after a break above 1.0965 (in gray)
EURUSD - LONGHigher weekly time frame we identify a bullish flag pattern after an impulse from its third touch confirmation. Zooming into the lower time frame we can see a bearish descending channel approaching its third touch confirmation. Further looking into the 4hr we can see a bullish flag pattern within the descending channel so perhaps we need to be ready for a potential false break-out in the market to touch its third touch trend line on the bullish 4hr flag pattern before a Long position towards the upside.
GBPJPY is attacking very important resistance level! On this pair we have a large triangle patter, at the moment GBPJPY trying to break above boosted by better GDP data exp. 0.1/ act.0.2. If bulls will have enough steam to break upcoming levels are pointed by dotted lines and a final target blue line.
RIPPLE Long Opportunity - Only IF...Hello traders! RIPPLE is in TOP 3 crypto, the 3rd one, right after the BITCOIN & ETHEREUM, but it has the best RR ratio at this moment. The chart is very similar with the ETHUSD . At this moment XRPUSD is at the bottom of the daily channel. You need to remember that XRPUSD is in a corrective structure right now. We want to see a strong rejection from this level and a strong UP impuls , before looking for buy opportunities. We need to see how the price will break the channel for the upside. Wait for a corrective structure before you enter the trade. Be patient and wait to see how price action develops. Don't jump into the first green candle. We need a STRONG breakout of this structure to confirm the long opportunity . Follow me for future updates. TRADE WITH NO EMOTIONS!