Simple
This trendline should hold. Prior to halving, technicals still suggest that uptrend in the 2. half of the year started with a 12 hour basis reversal with clear trendlines and price levels.
In order to conclude the bullish bias, I will be looking at the blue line and if it closes below, then I will pause with the bullish view. If it closes below the trendline on a 12H basis, then I will flip my bias and become a seller.
Currently: Cautiously bullish. Trendline must hold.
Good luck..
SHORT AUDUSD LONG 15.07.2019Hello Trading community.
Sharing my AUDUSD strategy again. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you don't need to change once it's set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
ENTRY: 0.70342
TP: 0.70845
SL: 0.69941
Bitcoin Oracle - 4 day predictionScenario #2 was activated!
Indicators
Lower Bollinger Band touched.
RSI around 55, just had a downtrend, hence uptrend more likely.
MACD signal line is sloping down signaling lack of volume.
-> 2 of 3 indicators signal a bounce up , hence the incoming resistance retest is very likely to happen next.
TA Magick
To arrive at forecast date I drew one buy and one sell trend line. The buy trend line touched the resistance area around 13th July and the sell trend line around 23rd July; I calculated median value between the two (4.5 days) and thus landed on the 17th July for an estimated resistance retest.
AUDUSD SHORT 08.07.2019Hello Trading community.
Sharing my AUDUSD strategy again. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you don't need to change once it's set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
Im a little bit late for this week and our trade is already in TP, but I wanted to share it anyways, because it is the same strategy as always.
ENTRY: 0.69839
TP: 0.69202
SL: 0.70240
Bitcoin Oracle - 3 day predictionPrevious 3 day prediction was spot on, let's see what then ext 3 days might bring.
Feels like bitcoin wants to retest USD14k resistance.
Retest pro indicator: daily MACD signal line just crossing over
Retest neutral-con indicator: RSI around 65 is not too overbought yet, but
Retest con indicator: touching the upper Bollinger band signals for a small correction.
Hence my rough prediction for a small correction, possibly back to 11k support levels.
AUDUSD SHORTHello Trading community.
Sharing my AUDUSD strategy again. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you don't need to change once it's set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
ENTRY: ASAP ( Mine was 0.69563 for this post )
TP: 0.68994
SL: 0.70028
Good luck on the market !
Will bitcoin break the resistance? Support and resistancesBitcoin testing "Resistance #1", if it breaks my next target is around 11690 USD
The upwards trending resistance line which goes through "Resistance #1" is important too, if it breaks I think we will see a parabolic movement to the "Resistance #2"
If Bitcoin fails at "Resistance #1" i'm looking for retracement back to 7900-8450 USD support zone
I think that upwards trendline on the RSI is so important, last time when it's broken to the down side Bitcoin dumped too.