First trade for the day. Shortterm BUY EIGHTCAP:USDJPY Clarity in simplicity. Trading With G. Cheers
17 March 2023 Selling $USDJPY on London Session Momentum #forex #trading Taking advantage of the bearish momentum: Shorting $USDJPY for potential profit in the short term. Cheers, G. Clarity in simplicity Motto: Simple and Clear!
Entering the first trade for the day, London Session. Buying $USDJPY above the breakout zone indicated on the chart. Targetting the next resistance zone on the 15min | 1hr timeframes. Zigzag breakout on support and resisance levels. New York Open. Simplicity and Clarity. Cheers, G.
The RB1! Bollinger Bands bandwidth has narrowed to the narrowest width in 11 months as can be seen via the BandWidth indicator. Such a collapse in volatility usually precedes a volatility breakout in either direction. A Bollinger Band squeeze, which is a type of volatility breakout setup, is triggered when the bandwidth puts in a 6-month low which is a condition...
$NFTB #NFTB Strong breakout, excellent volumes, PSAR flipping bullish on daily, HA candles in green is all a positive. The volumes increase at breakout of trendline is a big boost. As long as $BTC don't mess, this will rise like a phoenix. Falling wedge breakout has always been in favour of the bulls.
MACD and PSAR about to switch to bullish
WKHS with PSAR dot switching to bullish and MACD crossing upwards.
This looks like a great setup. One thesis is that spending on consumer durables has increased during stay-at-home orders making TPX a solid COVID stock. This pattern has lead to reliable upside moves, combined with earnings two weeks away and a PSAR flip makes me lean bullish.
Hello, Dear Subscribers! We had a pause in Bitcoin trading because of halving speculations. Currently the price action stabilized and we are ready to continue trading with new energy to power up our analytics! During halving Bitcoin's price tended to break $10 000 level due to whales manipulations, unfortunately for them majority of market players now have much...
Now that a new somewhat trending market structure is starting to form after the recent "blackswan" triggered dump correlated to the tradition markets, here's a re-look at the SPX normalised Bitcoin chart to look out for bullish decoupling in a time where the traditional market remains bearish. In summary, for BTC to switch into a bullish "decoupling" phase wrt to...
See also my previous analysis, examining historical behavior and confluences with indicators. + Fractal based speculation of how far down the index might go.
Will the orange 200 weekly SMA hold? If the index dips below this historical support, it will mark the start of the next recession as it did in 2008. Daily Chart:
Bullish: Coming down to 8732 USD and bouncing off, establishing a higher local low? Bearish: Dropping back down to the 50% Fib level @ 8507 USD, and probably will then retest 8732 USD before failing and falling deeper down. Present course of action?: Wait & watch for next move. Price likely to drop lower first for both cases. Set stop-loss for bearish case...
Suggesting a possible start of a momentum swing to the upside at the higher-timeframe. Need to wait for candle close for confirmation. Will be more bullish if/when the buy signal is triggered on CYBER ENSEMBLE as well. PRISM Signals CYBER ENSEMBLE {PREMIUM} See also shorter timeframe analysis: Furthermore, price also...
BTC have finally now tested strong support zone between 8.5-8.6k USD. ------ Also appear to have found support above the 61.8% Fib retrace. A bounce looks possible on the short term, but won't be too bullish. PRISM Momentum is rising again, while PRISM's primary oscillator indicates oversold condition. Price needs to recover back above blue zone again and be...
If BTC can cross over relatively weak 10178 USD horizontal resistance level, and finds support, expect a significant pump upward, perhaps to the 11760 USD level. Possibility of BTC revisiting 9341 USD first. Support/Resistance levels marked based on VPVR. Will progressively update this posting; next might look at Fib extension levels, and non-horizontal...