Ressistance
Short ORAGreat short the daily resistance play on ORA, just need to be more patient while i'm trading!
AB=CDIf the price can break the $ 0.010 resistance zone in its uptrend, it can rise to $ 0.011 to complete the AB=CD pattern.
Bulls and Bears zone for 06-28-2019After retracing for few days, market seems to be ready for a rally again. Overnight session rally stalled early this morning, which suggests that we might get a test of overnight low than a rally.
Couple of reports to be aware:
US:Chicago PMI
9:45 AM ET
US:Consumer Sentiment
10:00 AM ET
EUR/AUD 4H SHORT ANALYSIS Price go higher and hit strong ressistrance level at 1.64494
after that price drop and retrace at 0.618 level of fibonacce retracement level
Now we see a evening star pattern show up
Price will go down at 1.62630 (Pink Line) then test it again and after confirmation price will drop at the next strong support level at 1.61175.
EUR/AUD 4H EVENING STAR AT RESSISTANCE SHORT OPPORTUNITYEUR/AUD 4H EVENING STAR AT RESSISTANCE SHORT OPPORTUNITY
USD/CHFwait for reaction on ressistance first or second...it would be good RR and high probabilty of going low
Trading levels for 5/30/2018Hello guys, here are the keys levels for trading on Wed, we had a couple of trades on Tuesday, you can check those trades in the comment section of our last post. Moving forward we had a lot of selling pressure throughout the day but bulls took over at the end of the day. As i said yesterday be careful when taking trades from these levels. Also, we saw more weakness in the ES and the YM, therefore we have a bearish bias for trading on Wed, but as i always say, things can change really fast overnight.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 05/29/2018Hello guys, i hope you had a great holiday, but it is time to go back to trading mode. On Friday we took a trade from R1 and it worked really well, our trades are posted in the comment section every day. Moving forward we are sitting in a key zone (7000 - 7015), we have to be careful when taking trades at/from these zones because you can get stopped out very easy. We will keep an eye on the overnight performance of the market, so far we are biased to the upside, but things can change very quickly.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
BTC – did we start the rally?Hi Guys!
Thanks for watching us. Here we are again with our fresh view.
As we predicted in our previous analysis (BTC – signs of improvement - don't worry - we will get there! – down below
) we have no supply now.
Within last 4 months 70% of all trades were between 7300$ and 10 000$.
It means we have new investors who bought BTC within mentioned range. They won’t be willing to sell it. They wait for the price rise. We think this is happening right now.
Here is what we see.
On 4h chart we can see big green bar – the biggest since 14th of May.
It is reflected on Weis Wave chart. 2nd bar is much bigger than the previous one and still there is no supply – no one is selling right now. VERY GOOD INFO. PRICE SHOULD INCREASE.
We marked couple of resistance lines.
1. 7224$ - resistance broken
2. 7400$ - resistance broken
3. 7527$ - resistance to be broken
4. 7990% - resistance trend to be broken
5. 8280$ - resistance trend to be broken
6. 8600$ - 8800$ - resistance zone – when passed this we are sure we will attack 10000$
Guys and girls – observe these levels and act if necessary. By now we say HODL!
Thank you for all support. You are the reason why we are making this.
If you like our job give us a like. Do not hesitate to comment. We are very open and value your contribution!
If you don't want to miss out updates don't forget to follow us!
HUGS!
WBM Team.
The 3rd waveAt the moment, we are seeing how our pair continues the downward movement and reached a new level of resistance. The daily chart clearly shows that the pair has already slowed down near the level of 1.1735 and is now close this level. However, we expect that the 3rd wave may be stronger than the first and the pair will not stay too long at this mark. Therefore, we believe that we should take short positions with a SL of up to about 100pp, while the TP should be set closer to 1.15
Trading levels for 5/21/2018Hey guys here you have the levels for trading on Monday, so far price was rejected from R3, moving forward we will be looking to get some longs, it looks like the markets wants to keep moving to the upside but i hope this week we'll have more volatility than last week, we didn't took any pivot trades on friday, but we hope this changes next week.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
BITCOIN - Chanel Breakout The BTC formed a channel, two trendlines which act as a dynamic support and resistance. If the price breaks the trendline, then there will be the opportunity to go short. However, it is important to wait a valid strong breakout for confirmation.
Horizontal Resist - Where to expect stagnation, bounces, pumps..Horizontals have proven to be very strong in bitcoin, although the stronger ones are already in the way down (such as 7800), there is no doubt they keep being very important.
Horizontals are also much more trustable than diagonals.
EURUSD, important market prices based on the X-Lines indicator.Important market prices based on the X-Lines indicator. Showing important prices for a 15-minute chart.
You can freely and free to use the indicator by clicking on the link below and adding it to your favorites.
BTCUSD, important levels for a 4-hour chart by X-Lines indicatorImportant levels for a 4-hour chart are built automatically using the X-Lines indicator. You can add the indicator to your favorites by clicking on the link below.
BTCUSD, example of the X-lines indicator.The X-lines indicator automatically builds and marks important technical levels. Just try, there is no longer any reason to use Fibonacci levels and similar indicators (except for single cases).
The indicator is available in the public library. Also you can find it in my list of scripts and add to your favorites. At the bottom of the article there is also a reference to the X-lines .
USD/TRY SetupFOREXCOM:USDTRY
Over the last 109 days USD/TRY has been forming a rather large triangle. However, over the past 66 days the pair has been trailing down an expanding falling wedge until it bounced off of a strong support zone. It has now completed a classic break-check-go pattern and over the past 3 days has completed a swing low setup (low, lower-low and a lower-high). The fundamentals now pair with the technical setup due to the current problems between the Turkish Army and the Kurdish Liberation Movement. We could be looking a sharp turn in the market due to increasing tensions between the US and Turkey. No trade idea is 100%. What we are constantly searching for are solid reasons to take a trade. Remember, as always plan your trade and trade your plan.
cardano/ tether ada/usdt to 30jan2018 Correction and launch to new highs before the end of this month
The price should breach resistance at $ 1.10. To open up more and more
Sample X-Lines (14) working on Litecoin (1h) -- Instant automatic marking of levels on any trading instrument. Specify the strength of the levels that you want to get and the indicator automatically draws them!
-- Just by putting horizontal lines on x-lines we get truly trade levels!! The more levels we mention, the more accurate the trade picture will be.
-- The adjustment of the indicator is extremely simple, it is possible to change the value of only one parameter: Levels Power, which default value is 9. The higher the value, the weaker the levels, the indicator (correspondingly, the levels becomes larger). In the case of low figures, the indicator shows stronger and more important prices (correspondingly, the levels are getting smaller).
