Strong
NZDUSD strong resistance line broken
NZDUSD has created a good short trade setup on the daily chart, according to my trading strategy. A strong bearish engulfing pattern, at the bollinger middle band, also breaking through a strong resistance line and two resistance levels.
The bearish candlesticks are also stronger than the previous bullish candlesticks. However since this is a trade formed around the bollinger middle band, I will only take a 1 % risk with this trade.
Stop loss: 0.72698 (70 pips)
TP: Around the next resistance line
As you can see on the monthly chart, a bearish engulfing pattern with a long bearish candlestick has formed, after af small bullish retracement. This makes this trade even stronger, and I will take a short trade based on the monthly timeframe, tomorrow.
Super strong bullish engulfing pattern on USDCHF
As we can observe on the daily chart, a super strong bullish engulfing pattern has formed. 1# candlestick is a dragonfly doji candlestick, with a very long lower shadow. 2# is a strong bullish candle, which confirms the strong dragonfly doji. This indicates, that a huge press from the buyers has emerged, in a short time.
This, combined witch the bullish trend and candlesticks on the longer time frames (weekly and monthly), makes it a strong long trade setup, according to my trading strategy.
Stoploss will be: 0.95520 (80 pips).
Target will be around the 61.80 % fibonacci retracement level and the resistance line, depends on the future movement of the price.
14/08/2017 BTC/USD AnalysisPrice has reached a new historic high, surpassing USD 4000 BITSTAMP:BTCUSD .
BTC see you at the moonBTC has strong signals of an upward movement again.
This weekend will be intresting with strong moving average as well as the news in the BTC community.
Watch very closely if trading BTC this weekend.
7/08/2017 BTC/USD Analysis"optimism over the future of digital currencies". www.investing.com .
www.investopedia.com
FOMC unchanged rates, Still Tax issues & More strong GOLD.Trading idea and analyse from trader Nika Lekishvili
$CNO New Highsbreaking out and closing at new 50 day highs with strong volume
breaking out of range on the weekly
BITCOIN BTCUSD: Still looking goodBITCOIN: BTCUSD Each of the declines in this run up has been 90 - 100 points. This one is too. So long as it now continues to hold 2248 Bitcoin remains positive. Stops for longs should be moved to around 2242
USOIL: WTI Still strong ahead of Opec meet tomorrowUSOIL: WTI - still moving ahead in front of Opec meeting tomorrow - suggest staying long up to just before the meeting and seeing where WTI is lying at that point, looking to close down into final spurt of strength if we see it and then getting set for a short if the oppoertunity presents itself as per comment
BITCOIN: BTCUSD Still going strong: raise long stops now BITCOIN: BTCUSD Still positive whilst tracking within the parallels. Raise long stops as per comment
9/05/2017 NASDAQ AnalysisThe price of the index has maintained a strong downward trend, which began on April 24. Wait for a weakening trend.
Nasdaq 100: Just stay long and ride it this weekNasdaq 100 Index: Unstoppable, still. Just stay long until we get some decent signal to exit. That doesn't look like it will be any time soon though.
4/05/2017 WMT analysisFourth consecutive bullish day, the price has surpassed the value of 76. Attentive to a regression by profit taking, or possible continuation
2/05/2017 Nikkei225 analysisThe strong bullish trend is maintained, as you can see there have been two big consecutive bulls candles.
Steem look at 4h chartThis is 4h look at Steem it is continuation for the previous idea (Steem weekly)
It is not so visible but I think that the pair created triple bottom just before 23,6% Fibonacci level
If the pair will stay above Strong support created by previous price action (Two Blue lines where each of them represents extension of previous double bottom support, and the levels are corrected compare to my first Steem idea) it should keep going up for long term.
