4H CHART EXPLANATION: Price has broke the Ascending Wedge Pattern, did a pullback to the broken trendline and has started a downside impulse. We expect this movement to reach the Support Zone at 108.0, and if this zone is broken, then the potential target would be the Support Zone at 106.600. DAILY CHART:
Hi there, Just and idea after analyzing XRPEUR Movement this year and areas, specially supply and demand, and some chart patterns that indicates the price could go down before it starts up. Right now, it's starting to curve, giving sign of downtrend. As usual btc goes on the hand of btc and since you may see in some analysis i have made on BTC, this could go...
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-2 Days Strategy A – Activating Event Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 1.095 C -...
here is the bigger picture of EURCAD... short position holding...
Pair: USD/CAD Leverage: 1:25 Lot: 0.02 Position: Short Open: 1.33530
Pair: USDCHF Leverage: 1:25 Lot: 0.02 Position: Short Open: 1.01988
a nice shorting opportunity is building up on usoil as we can see market previously test the resistance level which is 64.65 level as well as RSI is also over bought market hopefully show some relief before showing up i will update up guys on this pair regularly and dont forget to like :)
Iveen shorting forming this triangles . until any of this triangles becomes asending on a 4hr or 12hr chart make no sense to go long for a long period of time(? I am looking for a short position arround 4700 or 4800 but already on a small low risk lev position from 4360 you can insult me about this here, on twitter or instagram . (shitposting...
The pair is in a triangle continuation pattern. In the event of a downside loss to the specified range, it can continue to decline.
I knew prices would hit my TP however I knew that we were in for a very choppy ride. My original TP was 1324.24, however I think that if you managed to hold onto this trade you would of known that prices would eventually swing in your favour. Congrats to those who held their position! Also another Congrats to those who bought back their short positions! Well Done Guys!
break out- we can get a short position
Option 1 goes from here to the blue target: 300 usd. Option 2 goes from here to support, to either stoploss: 180 usd and below, or to the red target: 255 usd. Option green is an extension of option 1 and goes from the blue target of 300 usd to 255 usd as a correction, then to 370 usd as final target in this analysis. I used Fibonacci retracements, support and...
S&P 500 SPX500 Short Position Update Lowering stop to 2588.7 on short to 2588.9 (to break even if this trade goes wrong from here), but still looking for 22-23 points downside to 2578-2576 from 2589 entry point if right.
Last friday we had a nice push down. Many of traders believed that this is it! It's time to go short on USD/CAD. I believe that there are two scenarios here. 1. Price will continue up and it's not end for uptrend yet. 2. Price will move up into stop-loss area to take out those and only then we will see fall. Usually what we can see is that price goes...
I think that the Gold probably will go until the weekly support at 1250 then maybe to the monthly support at 1200, we can see the break of the trend line from the begging of the year 2016, we need to find a good entry for a short position. Be careful and good trade :)
USOIL broke a strong TRENDLINE and refused to pass a weekly level! so we are heading down 38% and 50% on the monthly fibs