Medianline
Ethereum/Dollar: Massive Support Rejection Opens Doors for LongsLooking at the hourly chart of Ethereum it didn't take much time to make my mind going long with this crypto. The lower parallel of the upsloping median line in addition with previous structure meet at a level, around 455,00 where price retraced and was massively rejected. I will be watching for a buy setup completion at current level to buy Ethereum aiming for at least 500,00
Feel free to like and share your thoughts,
John
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GBPUSD: Pending Bearish Bat PatternGBPUSD has been in a rally for a while, trading below the median line of an upsloping andrews pitchfork. In case it continue the upmove it will very soon complete a bearish bat pattern. Because this is a high timeframe you may don't want to trade it with a stoploss above X point. In such case, wait for the pattern completion and then switch to the lower timeframes looking for a smaller sell setup with a tighter stoploss.
1.33126 is a nicelevel to aim for...
Feel free to like, comment and share your analysis,
John
Ripple: Short Term Sell OpportunityRipple is moving into a wedge and although my main view is bullish, we have a very nice sell opportunity developing with price bouncing from the upper parallel of the descending channel described in the video and is now pulling back making a correction. In the video I show you two ways to trade the end of correction.
Feel free to like, comment and share your thoughts.
Have a nice weekend,
John
NZDJPY: Sell Opportunity at Key Resistance LevelSimilar to my previous video analysis post in AUDJPY, here is NZDJPY we see the correction of an impulse having reached the median line of a downsloping pitchfork, where previously has found both support and resistance. In this video you may see how you may trade NZDJPY in order to catch the next impulse
AUDJPY: Nice Sell Opportunity - Bearish Flag PatternIn this video we may see a bearish flag pattern and two options on how to trade it. The corrective structurehas reached the sliding parallel of a median line set which has previously acted as resistance.
Feel free to like, comment and share your thoughts.
Trade with care,
John
ZCash Update: Key Support Zone to Watch for LongsIn this video I am updating my previous post where we described a potential move to the upside which happened with price reaching the exoected tp - the median line of the set. We now should wait to see if we can get a pullback to a key support zone , consist from the lower parellel of a rising channel, previous structure and the broken sliding parallel of the long term uptrend.
Feel free to like, comment and share your thoughts.
Have a nice weekend,
John
EURUSD: Advanced Pattern Completion at Key ResistanceAlthough I don't like to spam TV's community I decided to post once again an idea I posted last week, only to use video analysis, so you may see in more depth what to expect in EURUSD in the upcoming week. In the video you may see a pending bearish cypher pattern completion at a key resistance level - the sliding parallel of a median line set.
USDJPY: Potential Big Move to the DownPrice breached below the sliding parallel of the median line se, and is now pulling bck into a correction heading to a key resistance zone to watch for sell setups. In this video we analyse how the uptrend is weaking and all the confluence we get in the sell zone after the breakout below key support.
Feel free to comment and share your thoughts. In addition let me know if you enjoy in general video analysis instead of post ideas.
Have a nice weekend,
John
BitcoinCash: Short Term Sell & a Key Support for BuysIn this video I cover two potential trades - a short term one, and a huge buy one! Price is being moving into a rising channel finding resistance at the upper parallel, dropping into an impulse move. A pending bearish bat pattern is being developing which is the short term opportunity I was talking about. A bearish RSI divergence is adding to our short term setup. Our main view though is bullish. In case price retraces to the lower parallel of the channel, we should start watching for a buy setup completion and see if you join the rocket aiming for the $2800 level or even higher. At the lower parallel of the channel we have confluence with previous structure, which makes our support even stronger to hold.
Feel free to like, comment and share your thoughts.
Trade with care,
John
AUDUSD: Breakout of Channel Open Doors for LongsIn this video analysis, I highlight a potential buy opportunity after price broke above a descending channel, bouncing from a key support level - the sliding parallel of an upsloping median line set.
Feel free to like, comment and share your thoughts.
Trade with care,
John
Gold: Two Potential Scenarios on Going LongIn this video, we may see two way we may trade gold in the upcoming week. Price is being moving into a rising channel, strengthing into the overall trend, and after an impulse to the upside it is now developing a correction moving to the down. In the hourly chart we identified a key support level where we may watch for a buy setup completion. Otherwise we may just wait for price to break above the rising channel and see if we can get a pullback to the upper parallel where, once again we should start looking for longs.
Feel free like, comment and share your thoughts.
Trade with care,
John
NZDUSD: Pending Bearish Cypher at Key ResistanceCyphers keep appearing in the USD related markets, with this one completing at a key resistance level - the quartile of a descending median line set.
Setup: Sell
Entry: 0.69370
Stoploss: 0.69743
Profit targets: 0.68779, 0.68339
In case price reaches the first target we move sl at breakeven to the second position
Trade with care,
John
DISCLAIMER: You are solely responsible for your trading. The possibility exists that you could sustain a loss in excess of your initial investment.
AUDUSD: Pending Bearish Cypher Pending bearish pattern with D point completion at the sliding parallel of a descending median line
Setup: Sell
Entry: 0.76585
Stoploss: 0.76957
Profit targets: 0.76114, 0.75824
In case price reaches the first target we move sl at breakeven to the second position
Trade with care,
John
DISCLAIMER: You are solely responsible for your trading. The possibility exists that you could sustain a loss in excess of your initial investment.