Happy Sunday Traders, We are looking at the EURCAD in the daily chart. Who remembers my last idea about GBPCAD ? EURCAD is pretty much looking the same right now. We are in a daily downtrend along the trend line, price touched it often in the last days. On Friday there were CAD News which was strong for the Canadian Dollar so we saw every XXX/CAD pair falling,...
I grinded a new but similar pattern in BTC/USD and agin, it seems like an event is upcoming. Which could peak sunday this weekend to 8500 USD for bitcoin
Bitcoin Sunday Chart Update and Key Trade Points So far this looks like a good Reverse/Inverse Head and Shoulders in classic formation with a perfect retest of the neck-line yesterday at 7600 (even more so because no one seems to have really mentioned it - the low today here is 7600 precisely). It carries with it a minimum implied upside target at 8163 on...
Bitcoin Sunday Trade Set-Ups A fairly active overnight session has seen Bitcoin move up to highs around midnight gmt, then down for 6 hours to 06:00gmt and 01:00est and then back up again, forming a fairly sketchy triangle as it moves through time. The last move down (green arrow) was corrective in pattern with 4 small waves down before it hit the lower...
Bitcoin Sunday Trade Points Well, the long triggered from 7005 was a bad trade- but the stop was just under 7000 so at least the loss was small - sorry for that. Bitcoin hasn't done much though overnight, staying largely neutral. It still looks capable of flipping either way from here so we need to be prepared for both eventualities. It has not fallen away...
Bitcoin Bitfinex Feed Sunday Update The first short yesterday from 7049 was stopped out at 7061 for a 12 point loss. Bitcoin went on to make a high after that at 7071 - a poor stop by 12 points. This is my bad here, not the chart's - just a poorly judged spot for the stop. Sorry for that one. Anyway the second time it broke 7050 gave another chance to short...
Bitcoin Bitcoin Sunday Update Sunday Trade Points 16:40gmt/11:40est Since breaking higher on US opening interest Bitcoin has surged above the small dynamic and triggered a quick 140 win up to 8600 in the process - but the rally has been short-lived and was quickly sold above 8600, bringing Bitcoin back down towards the first support line at 8450 again. It's a...
Bitcoin Trade Points for Sunday Trades Update: Bitfinex Feed 12:27gmt/07:27est Bitcoin is really trying to break the downtrend here - a bear engulfing green ...can buy or add once it's broken through to upside if we see it. It's tracking a narrow corridor/band of uncertainty right now, trying to figure out he next move - cannot be trusted for sure as a result...
Bitcoin Sunday Update Key Lines and Levels Today Overnight Bitcoin has made a minor double top at 11530-11500 with a rejection spike into the secondary high showing loss of upside momentum and the first sign that this rally is showing of running out of steam here. In the process it has lost the support of the lower big rising parallel and is now making a...
One possible flag pattern on this pair with this strong support on higher timeframe. looking for an long position if we gonna break the resistance level
Bitcoin BTCUSD Sunday After breaking lower early on in London on Saturday morning Bitcoin fell to a low at 10800 on Bitfinex feed - was meant to fall to 10750 at least once the break came, so not too good. Even worse, no buy orders were placed anywhere near the lowest levels...on the upside Bitcoin had to break above 11230 to trigger the next long, looking for...
I have been looking for a pair to Focus on Sundays Nights as a potential Trade Pair for achieving 15-30 Pips after the Open. NZDJPY looks to be a great option as the potential Daily Volitatility stands at around 100+ Pips. Being that New Zealand and Australia overlap with the Asian Sessions around 9:00PM EST, I believe this pair to hold the most potential for...
Bitcoin: BTCUSD Wave and Price just keeps Growing Life and Times: Just Another Manic Sunday - Bear Witness to the Fastest Market in History - Bar none. Next Buy Point for last 500 Update/positions: Yesterday we got stopped out at 10900 for a 900 point win from 10008 and were looking to re-enter from 10638 in a perfect set-up - it was close but no cigar with the...
EURUSD simple gap fill play. I don't trade Sunday though . Good luck to all!