For me its not worth getting involved. im going to wait for price action around the structure level
Looking for it to hit the big green X however it has to break the green resistance box. If it don't go well and how I planned oh well its all about learning and experience but I stand strong with my opinion from my technical analysis. It will take a while but patience is a skill that comes with being a trader. #LEARN #PROGRESS #IS #KEY... #EXPERIENCE #PATIENCE
BRENT CRUDE OIL near all time low. Pullback possible.
Look at the beautiful cross of trendlines - retracement after initial move up has come and previous trendline down is being tested and acts as support now Trades don't get much easier than this: SL 1.42 - TP above previous highs - at least 1.437 Enter now
NZDCAD - Selling Set Up - CAD Strong at this time !
Maybe we its time to have a Reatracement!
Bears: Bitcoin is showing weakness with a double top at $475-500 and H&S formation as well. A move below $400 on Bitfinex will confirm the bears taking over and a potential revisit of $340-350 and even $315. Bulls: If we manage to hold above $400 then we will stay in 2 weeks of sideways and consolidation and break out after January 15th towards new highs of...
After the strong rally, I'd expect a little downside. Nothing big , tho, although I could be wrong. Shorting at trend-line break with large stop. Shorting at resistance with small stop. Shorting at upper resistance with minimal stop. 1% | 0.8% | 0.5% Equity Risk (ER) on each entrance.
EURO is oscillating in a channelized, attritional pathway. It seems that the top area of the channel is an idea sell zone today, targeting the bottom of the channel. In the medium term, however, this channel will most probably break to the downside
This trade technically constitutes as calling a bottom (which I don't particularly like to do), although I have a few good reasons why I'll be taking this long trade. First and foremost, Copper is currently tuning away from the bottom of it's long term curved downtrend channel. Secondly, last week's candle was a fairly large hammer. Thirdly, Squeeze momentum is as...
If we are in wave C, The price(1.166-1.18) and time(2015-09-14) area is very important. So I put the possible MACD is drawn in the chart. If an option as shown in the chart, the point C is a good short point.
Axis line became support. 2.55 - is a very strong support-since records began. It truly looks like the bottom. Let the red line break 2.976 and then let it be tested to see if it became the support or not n then go long. It could really be a long of lifetime. However, if we break 2.55 then it's just a lost cause n short with both hands. Make sure a clean...
Part-time employment is also declining within its well defined trend since 2012, however it has still some progress to make before reaching pre-crisis levels. In fact, it is the only systemic fallout left to be erased from the 2008-2009 crisis in the employment data.
Support is actually around 37.88 not 39.60 How do we know that's the support? well-going back to 1990 until now it has acted as support and resistance line. Also known as axis line has to be tested. Wait to go long- if planning for short have a good SL around 43 For longs- if cannot wait to go long at least have enough funds to go via multiple entries...
Bitcoin rallied to the time@mode targets based on the methodology I have presented here at TradingView. You can do the analysis yourself by following the guidelines. The analysis on the left hand side of the chart is untouched from the last chart I published (see link below for original chart). The current rally completed an 11-day rally out of the 11-day...