GBPJPY SHORTLooking for a bearish trend as the JPY strengthens across most pairs. TDI Cross looking likely on H1, confirmed on M30. MA Cross confirmed on shorter time frames also.
Macross
AUDCHF SHORTVery overbought market with a week long bullish trend and no breaks. Today may be the day this changes as the H4 TDI is looking to cross with H1 MA Cross from above showing a reversal in trend for the day ahead. Keep an eye on this one.
EURCAD LONGLooking for a longer term bullish trend on this as we bounce off resistance looking to hit the yellow lines of clustered pricing above. TDI cross on H1 with shorter term MA cross signalling a bullish sentiment.
EURCAD LONGA longer term trade here looking for a re-test then a bounce off resistance. TDI market baseline still decreasing but flattening showing a possible end to the bearish sentiment on this pair. MA Cross looking like by the end of play today.
A possible TP at the clustered resistance (yellow line). Wait for confirmation on this longer term trade
USDCHF SHORTOn a longer term, looking for USDCHF to possibly re-test recent highs, then look for downside towards clustered levels of resistance (TP1 & TP2). TDI on the hour is looking for a potential bearish turn, MA cross on the short term confirmed. Possible trade into next week.
USDCAD LONG (Intraday)TDI Cross looking bullish in the next few hours. Short term MA currently neutral looking for a confirmation to the upside early this afternoon (GMT). Expecting the to trend sideways with an eventual bullish movement towards the end of the day and possibly continuing into tomorrow.
Moving Average Trading SignalsPrice crossing MAs is often used to trigger trading signals. When prices cross above the MA, you might want to go long; when they cross below the MA, you might want to go short.
Here we can see price crossing MA50 both ways.
Moving Average Trading SignalsMA Crossing MA is a common trading signal. When a short period MA crosses above a long period MA, you may want to go long. You may want to go short when the short-term MA crosses back below the long-term MA.
Here we can see MA50 crossing MA200 both ways, each resulting in a corresponding trend.
MA Bullish Cross and RSI Easter EggsAfter exhausting looks at near term analysis I decided to look at the BIG picture, and I found what seems to be undeniable to me. Keep in mind that the MAs don't lie, and the higher the time frame, the longer the impact of the crossing. So, when the MA50 crosses the MA100 (probably tomorrow) we can expect at least a short term (a few months at least) bull market based on the 50/100 MA cross. You don't have to believe me, just look at it's history on the weekly BTC chart.
As I wrote in my chart, the MA crossing happens to be at the same time the RSI Cup and Handle is supposed to impulse upward from the handle. Coincidence? I don't think so.
USDJPY 1D BIG 3 PENDING LONG SETUPWaiting for Day chart to close
Looking to see if Day close
made a new high
Should be a bearish pullback
to setup a new
Bullish continuation.
Bullish continuation will
eventually setup
Big 3 ma crossover.
This will make a new Green
Column Long Trade Signal,
when Green ma crosses
above Blue ma
Bitcoin Weekly Chart continues to point NorthHello my fellow Bitcoinistas!
I had some bears to slay this weekend but I'm back now. As you can see on the zoomed in weekly chart everything I was expecting to happen has happened or is in the process of happening.
The Baby blue trend line holds - Check
We start this week green - Check
The 20/40 week MA Cross becomes more pronounced - Check
For these reasons, and many unlisted, I remain extremely bullish. I still expect this week to finish green and perhaps even engulf last week's red candle.
Hang tough and good luck!
P.S. After my fight with the bears the past few days my name was official changed this morning. :0)
Golden Cross Soon? Downtrend of 1.5 years coming to an end?The previous positive MA-200 cross was on December 25, 2017, with the price rising from 14.4 cents to peak 53 cents in 2-3 weeks.
Now, however, we are not in the 14 dollarcents region. However, an increase to start with (370%) is possible. This will bring us back up to 8 cents. How long will it take? I count on 8 to 9 months with some good and bad weeks. We can not speak of the hype we saw with Gulden, such as the end of Dec. 2017 and jan. 2018. Which is a pity, because the Gulden Blockchain is now better and safer-than-ever. The first resistances are around 2.6 cents and 3.4 cents. See the blue lines. Big news for Gulden is on its way and can cause a sudden demand, which means that price targets can be reached faster than expected.
This crossing that I expect on May 20 or May 27, 'Golden Cross'. Here the 50-day moving average will cross the 200-day moving average. This is almost always a sign of the change from downtrend to uptrend. A down trend is not infinite, and I think it has lasted long enough at Gulden. With this 'Golden Cross' I expect a few new / old speculators who are going to buy a lot of Guldens. Most (crypto) traders often have tools that give them a warning when something similar occurs with a share/crypto. They then take a closer look at the share / crypto currency, and see whether the long-term down trend is approaching its end.
I really hope that we will experience a slow climb in the coming period, instead of a period of pump and dump. I am not waiting for that at all. I do hope that in the coming period Gulden will receive more attention that it deserves, and that people will be attracted with a long-term vision and more will be built on one of the safest blockchains in Europe.
GBP/AUD AB=CD FIBThere is a head and shoulders pattern playing out around the 0.5 - 0.618 fibonacci retracement zone. If as expected we will see a short following the C-D trend line of the AB=CD pattern. This should occur with the MA's crossing over to the down side for a good stretch. 1.7440 should be the next target after this roll over down a parallel channel, then a possible retracement back up to the 0.382 fib zone, trend acceding back up over the C-D trend line, before heading back down to target D in another parallel channel with LL's & LH'S on the way. Descending down the opposite side of the C-D trend line we look for 1.6800 (downside target). FX:GBPAUD
Still room for bitcoin to pop.The rejection from 4100 was extreme but it was bought up in the 3900s as quickly as it was sold down. I see this as the market punishing greedy bulls and establishing a pattern for them so that they don't long the next breakout above the triangle resistance. The 3day and 1day charts are still in upward mode and pushing this, however, this could change if we stay sideways for too long. My best guess is that the price will meander for a day or so inside the triangle before trying to break out of it again, this time at a lower price point - around 4040-4050.
AUDJPY 1H MA CROSSOVER STRATEGY W/ALERTStep 1 - Apply 8 & 20 sma to chart
Step 2 - Apply ma crossover alert to chart
Step 3 - Enter at candle close as 8 sma crosses above 20 sma
Step 4 - SL below crossover point
Step 5 - You determine TP point
BTC MA Cross Bear StrategyWhat I'm doing in this bear market is cycling through the medium time-frames and looking for the price to get stuck under a successful moving average cross like you see here. Price will likely fall sometime around the beginning of the next 45 minute candle. Stop is set just above the cross just incase the cross-over is challenged.
Time to long $6k for profits again!CZ said the weekly chart was bullish before the dips, now this chart is even more bullish because you have an opportunity to long from $6k again.
Good luck friends!
Bitcoin where to now?G'Day Cobbers
After a strong few weeks we have found the 8500 level impassable and the selling pressure has pushed us back down in a corrective move, the question we need to be asking is this a healthy correction or are we heading back down to retest the recent breakout. If we break below this level I will be switching my long term bias to bearish, as it will signal the latest breakout was just another fakeout rally.
Current state of affairs is posted on the chart, if you use a simple crossover strategy the 5/10 has signalled a short but we are still long if you follow the 10/25, Backtesting on the daily for both these over the last 18months on xbtusd has proved quite profitable, especially with the 5/10ma strategy.
Good Luck
G'day
Thanks for dropping by, hopefully you garner something valuable from my post, be it educational or an idea towards a trade of your own. Please share, like and comment and engage with me, I am here to help.
Trader, Chart analyst and all round larrikin. Reside in NQ Australia, surrounded by Crocodiles, snakes & giant spiders, not to mention the boxing Kangaroos and devilish Drop bears. It makes my job quite hazardous but strewth mate, I love it.
Interesting setup - MA crossover, Fibo etc.We can see very interesting setup - downtrend MA crossover of 22 and 44-days MA.
I drew Fibonacci retracements and for us important levels are 50% and 61,8%. For those who want to risk more - they can long from with tagets on these levels. For the conservative ones - these levels could be great entries for short trade.
Trade safe !
Bitcoin Head & Shoulders + MA Cross [BTFD] 17th April 2018Pretty simple idea/update
saw a H&S forming, lets see if it does and short the market IF it completes
there is also a possible MA cross coming up on a 50/200SMA
if pattern completes then most likely a death cross will follow but if bitcoin finds some buyers then it could break the pattern and carry on up and probably form a golden cross
use fib levels to work out when to stop and take profits
like the last few months its very hard to tell were exactly we are going and can change from day to day and by hour by hour
trade smart or dont trade at all
peace
(BTC) You Shall Not PASS! - GandalfHi boys!
Today I'm having fun with this big BTC.
He gives me a lot ideas ;)
In the past, BTC was bullish. In December, BTC became bearish and still is.
My chart in a day because, BTC will go down in few days, in my buying zone. My stop loss is a indicator, but it is optional because it's not necessary. When BTC arrives in my buying zone, it will go up!
I use MA Cross to demostrate the reversal patten.
Like my other chart, BTC is confirme the 5th Wave of Elliot Impulse Wave.
Btw, yess i love The Lord Of The Rings
Follow me. I have two telegram:
Free: web.telegram.org
PRIVATE ROOM: write me privately ;)
Let's get rich with me babe XXX
GBPJPY 4HGBPJPY - Price broke monthly resistance that was previous support , we have broken descending trendline and MA cross.
