Medianline
Bitcoin to $7300 - Detailed Multi Timeframe AnalysisDaily Chart
- Price seemed like it broke below the $6300 support level but it reversed, now trading above that level.
- The sliding parallel of the downsloping median line offers support at the same level as the horizontals.
- RSI is oversold
240min Chart
- A clearer view of support offered from the sliding parallel
- RSI bullish divergence
Hourly Chart - A buy setup
Price is developing a bullish flag. Buy the breakout placing your stop-loss below the correction of the flag and aiming for a least the $7300 level.
All the best,
John
PITCHFORK - Forex USDCAD Weekly Analysis 21st - 25th May 2018SELL USDCAD
Area: Pitchfork Upper Line (Resistance)
Pitchfork Channel - Descending
Entry: Pitchfork Upper Line (Resistance)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - CFD DXY US INDEX 2018 Q3 (Daily) Forecast'Short' opportunities in Upper Line area
Targeting price to move towards Median Line
Forecasting price moves in ascending channel
PITCHFORK - Forex USDJPY Weekly Analysis 21st - 25th May 2018SELL USDJPY
Area: Pitchfork Upper Line (Resistance)
Pitchfork Channel - Ascending
Entry: Pitchfork Upper Line (Resistance)
Target Profit: Median Line
Next Target Profit: Lower Line
PITCHFORK - CFD XAUUSD Weekly Analysis 21st - 25th May 2018BUY XAUUSD
Area: Pitchfork Lower Line (Support)
Pitchfork Channel - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - Forex EURUSD Weekly Analysis 21st - 25th May 2018BUY EURUSD
Area: Pitchfork Lower Line (Support)
Pitchfork Channel - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - Forex GBPUSD Weekly Analysis 21st - 25th May 2018BUY GBPUSD
Area: Pitchfork Lower Line (Support)
Pitchfork Channel - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - Forex AUDUSD Weekly Analysis 21st - 25th May 2018BUY AUSDUSD
Area: Pitchfork Median Line (Support)
Pitchfork Channel - Descending
Entry: Pitchfork Median Line (Support)
Target Profit: Upper Line
Next Target Profit: NIL
PITCHFORK - Forex USDJPY Weekly Analysis 14th - 18th May 2018SELL USDJPY
Area: Pitchfork Upper Line (Resistance)
Pitchfork Channel - Descending
Entry: Pitchfork Upper Line (Resistance)
Target Profit: Median Line
Next Target Profit: Lower Line
PITCHFORK - CFD XAUUSD Weekly Analysis 14th - 18th May 2018BUY XAUUSD
Area: Pitchfork Lower Line (Support)
Pitchfork Channel - Ascending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: Upper Line
PITCHFORK - Forex EURUSD Weekly Analysis 14th - 18th May 2018BUY EURUSD
Area: Pitchfork Median Line (Support)
Pitchfork Channel - Descending
Entry: Pitchfork Median Line (Support)
Target Profit: Upper Line
Next Target Profit: NIL
PITCHFORK - Forex USDCAD Weekly Analysis 14th - 18th May 2018SELL USDCAD
Area: Pitchfork Median Line (Resistance)
Pitchfork Saluran - Ascending
Entry: Pitchfork Median Line (Resistance)
Target Profit: Lower Line
Next Target Profit: NIL
PITCHFORK - Forex GBPUSD Weekly Analysis 14th - 18th May 2018BUY GBPUSD
Area: Pitchfork Lower Line (Support)
Pitchfork Channel - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - Forex AUDUSD Weekly Analysis 14th - 18th May 2018BUY AUDUSD
Area: Pitchfork Median Line (Support)
Channel Pitchfork - Descending
Entry: Pitchfork Median Line (Support)
Target Profit: Upper Line
Next Target Profit: NIL
EURAUD: Sell Opportunity at Key ResistancePrice has has been rejected at the sliding parallel of a downsloping median line set where in addition we do have previous strcuture. Going short with sl and tp as shown in the chart is a nice idea
PITCHFORK - Forex GBPUSD Weekly Analysis 7th - 11th May 2018BUY GBPUSD
Area: Pitchfork Lower Line (Support)
Channel Pitchfork - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - Forex USDCAD Weekly Analysis 7th - 11th May 2018SELL USDCAD
Area: Pitchfork Upper Line (Resistance)
Channel Pitchfork - Ascending
Entry: Pitchfork Upper Line (Resistance)
Target Profit: Median Line
Next Target Profit: Lower Line
PITCHFORK - Forex EURUSD Weekly Analysis 7th - 11th May 2018BUY EURUSD
Area: Pitchfork Lower Line (Support)
Channel Pitchfork - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - CFD XAUUSD Weekly Analysis 7th - 11th May 2018BUY XAUUSD
Area: Pitchfork Lower Line (Support)
Channel Pitchfork - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Median Line
Next Target Profit: NIL
PITCHFORK - Forex USDJPY Weekly Analysis 7th - 11th May 2018BUY USDJPY
Area: Pitchfork Median Line (Support)
Channel Pitchfork - Ascending
Entry: Pitchfork Median Line (Support)
Target Profit: Upper Line
Next Target Profit: NIL
PITCHFORK - Forex USDCAD INTRADAY Analysis May 2nd , 2018BUY USDCAD
Area: Pitchfork Lower Line (Support)
Channel Pitchfork - Descending
Entry: Pitchfork Lower Line (Support)
Target Profit: Upper Line
Next Target Profit: NIL
PITCHFORK - Forex GBPUSD Weekly Analysis 30th - 4th May 2018BUY GBPUSD
Area: Pitchfork Fibo Line (Support)
Channel Pitchfork - Descending
Entry: Pitchfork Fibo Line (Support)
Target Profit: Lower Line Area
Next Target Profit: NIL
