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Pivot

Does double zero does not work for ethereum?Although it is an Ethernet that looks like bitcoin for a long time, What is clearly different from other virtual currencies is that it will not quite stop at double zero. However YPP is functioning to a certain extent and there are signs that it repeled in the vicinity several times. It got closer, but is there a resistance of YPP this time? 1) Function as resistance A chance of short. Double zero 500.00 is considered to penetrate and the target is near 450.00 near the immediate lows. If it aims a little more, it is before 433.67 in the next MPP. 2) Penetration not functioning as resistance If it keep YPP over a certain period of time and use YPP as a support line you will get a long choice. ------------------------- ---------------------- - - Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo Line: Horizontal line or Trend line seen by weekly or monthly Indigo fine wire: Horizontal line or Trend line seen by 4hourly or daily Dotted dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- ---------------------- - -
BITFINEX:ETHUSD
by fondiea
Would gold decide to Downtrend?It is gold down since last Friday, but it is currently staying under YPP 1269.009. If YPP functions as resistance as it is, if the trend line of the weekly feet below (currently around 1242.000) also goes down, I think that it is the aspect of the downtrend. weekly chart As the most recent trade. 1) Judge that YPP 1269.009 functions as a resistance. Short and set limit above MPP 1258.160. 2) Pull out YPP 1269.009 MPP 1278.303 is above YPP1269.009, I think that the immediate long is difficult. ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
OANDA:XAUUSDShort
by fondiea
2
Indecision on The USDCADLast post: June 20th. See chart . Review: Price had broken through and established a bull trend above the March high. Update: Recent indecision in the market suggests the much needed pullback is a possibility. Conclusion: Standing aside and letting price dictate a pullback or a trend continuation. A pullback is preferable. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
Long
by Sublime_Trading
2
Horizontal line near 1.32000 works?It seems that it responded to a horizontal line near 1.32000(In my chart,1.32108). The movement is similar to eurusd, but will it respond cleanly? 1) The horizontal line functions as a resistance I choose short aim to before.MPP 1.30760 2) The horizontal line does not function as a resistance I want to consider the long if it goes above the horizontal line and functions as a support, but since it is a phase where the trend seems to be going down, let's observe carefully. ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
Short
by fondiea
1.16 Horizontal line reactivate?The horizontal line of around 1.16 (1.16077 in my chart) became a move as if it would work again. 1) Short when judging that it is resisted to the horizontal line Since there are double zero 1.15000 and YPP 1.14786 under the current value, Even if we trade here, it seems to be a short position with short S/L. 2) Before making a judgment, watch again as you cross the horizontal line We will observe whether it functions as support or whether the horizontal line is ignored. ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
Short
by fondiea
strugle of MPP 110.769 AgainAlthough we can see a return to the horizon which attacked a few days ago overall, UJ is no exception. Also, unlike the previous contact at 6/15, it is stopped cleanly. On the other hand, when considering that the wall of the limit order is thin due to overshooting of double zero 110.000 over two times, It seems to be becoming short-term advantage. 1) It was confirmed that MPP 110.769 functioned as resistance. Aim for a short, try a double zero 110.000 penetration. However, if it is determined that 110.000 penetration has failed, the position is handled. 2) price penetrated above MPP 110.769. If MPP can be confirmed as a support line, consider a long targeting around 110.5 which is before the weekly trend line. ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
Short
by fondiea
1
S & P 500 cleanly responded to horizontal line 2738.6The S & P 500, which has continued to raise for a long time, stopped raising before 2800.0 and then backed down. Currently it is stopped by the horizontal line near the high price of last month. Horizontal line 2738.6 is 1) Functioned as a support line. Long until MPP 2768.0 long.(long if it can attack safely WPP 2762.1 long) 2) It does not function as a support line. Wait for functioning as a resistance or wait for other resistance and follow with a short. ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo Line: Horizontal line or Trend line seen by weekly or monthly Indigo fine wire: Horizontal line or Trend line seen by 4hourly or daily Dotted dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
OANDA:SPX500USDLong
by fondiea
Could MPP0.99139 support?usdchf was gradually lowered from double-zero 1.0000 to YPP 0.98340 in May, It's trying to get back to the original level unnoticed. If it is supported by MPP 0.99139, long materials up to double-zero 1.00000 can be tested. ------------------------- ---------------------- - - Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo Line: Horizontal line or Trend line seen by weekly or monthly Indigo fine wire: Horizontal line or Trend line seen by 4hourly or daily Dotted dotted line: outstanding double zero Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close ------------------------- ---------------------- - -
Long
by fondiea
The TRYJPY Weakens Further Last post: June 13th. See chart . Review: Price had bounced off resistance suggesting weakness back in the direction of the bear trend. Update: Price has continued to weaken but is a distance away from breaking and closing below the pivot support of May. Conclusion: Applying patience and waiting for price to clear support before placing further short trades. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
Short
by Sublime_Trading
2
Bulls Moving Price on The USDTRYLast post: May 25h. See chart . Review: The bulls resumed control of the market following a volatile day in the market. Update: This was short-lived as the bears came in strong and pulled back to a pivot support zone where price has bounced to the upside. Conclusion: Applying patience until the high of May and the major round number 5.0000 is cleared. Will then consider more long trades. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
Long
by Sublime_Trading
GBPCHF short position - still running - target 4RGood morning everyone, sharing with you the principles I used to get this nice position on GBP/CHF. The strong move visible on 4h chart caught my eye, signaling an unstable bullish environment. I entered on the 5m chart at pivot rejection + 50ema break. Price took a while to move and actually got against me for a while, then crashing pretty quickly. My target is the Weekly 0.382 Fibonacci retracement I'm really inspired to share with you guys the strategies that I'm using to successfully trade the markets and get consistent returns, get the first 2 lessons for free bit.ly
by UnknownUnicorn485324