Currently in Gifto GTO/ETH on BinanceCurrently in Gifto, GTO/ETH at Binance on Palm Beach Confidential (PBC) Report. Was in at 60.090 and took 1/2 off at 62.989 for a quick 4.8%. Now waiting for the next run.
Now consolidating a bit and forming a (bull) flag. If it can break out of this flag, another leg up is in the making. 15 min. RSI fell under 60 and MACD is curling up so enough room for further growth.
If you want to trade this, then here are our instructions, for the 15 min timeframe:
Entry: at the break of the flag, around 61.000
Stop: 59.500
Profit:
1e: 66.000
2e: 70.500
You can take profits earlier if you want to but these are some (key) resistance levels.
Good luck trading Gifto, GTO/ETH on Binance.
Tradeideas
Ethereum Classic, ETC/ETH Broke Out of TriangleEthereum Classic, ETC/ETH on Binance just broke out of its (long) Triangle. Consolidated a while and found good support at 35.000, which was previous resistance as well.
On the hourly chart, you can see that the indicators are from its lows and curling up now. Volume is picking up and ETC/ETH is also above the 12 and 50 emas.
With the coming fork and airdrop, Ethereum Classic could be ready for another run. So are you ready to trade it? If so, here are the instructions:
Entry: 36.815
Profit: 41.250
Stop: 36.095
RR: 6 (risk 2% to make 12%)
Since this is a day trade, you can take profits quicker and partially if you prefer.
Please like and share if you found this informative and helpful. Leave a comment if you have any questions.
And good luck trading!
Looking to short EURJPY (Retest)Aggressive trader can place sell limit order, if not wait for reversal candle. Reward to risk is 4.5 : 1
Looking to Long GBPCAD at pullbackAggressive trader can place buy limit. If not wait for reversal candle to enter. Reward to risk is 7.5 to 1
Long EURUSD on PullbackD1 and W1 there is an uptrend bounce. Place buy limit order at 1.1898. Reward to risk is 2.8 : 1
Looking to short AUDUSD at 61.8 Fibo RetracementPutting sell limit order at Fibo R 61.8. Reward to risk is 6: 1
Looking to Short AUDUSD Testing D1 200ema. If did not break, looking to short with reversal confirmation
Reward to risk 2.5 : 1
Long at Support LevelLooking for long opportunity at 112.96. If PA break below the 200ema, this analysis is invalid.
Reward to risk is 3: 1
Short EURAUD if break supportLooking to short if H4 candle closed below the support level. Reward to risk is 4: 1
Looking to long AUDJPY with reversal candleOn higher TF PA is above 200ema. Now market is in range and I am looking to long if the next candle in H4 close more than half of the body of previous bearish candle. If price break below the support level this analysis is invalid. 3RR
Uptrend ChannelOn D1 TF EURCHF is still up trend. Looking to long with trend continuation. If PA break out of the channel this analysis would be invalid.
Reward to risk is 5 : 1
Looking to short EURAUDIf price break above the upper trendline this analysis is invalid. If there is reversal candle formed I will short it. Reward to risk is 5:1
Double bottom - Looking to long AUDCHFIf retest at 0.7459 and did not break below the low I will look to long. Tight stop loss as it is counter trend so if PA break means the analysis is invalid. Reward to risk is 5.5 : 1
Looking to long CADJPYThere is a retest at support 87.53 and market seem to hold there. Waiting for confirmation to long
Looking to long EURJPY at support levelEURJPY now is range but overall is uptrend. Looking to long if price hit support level and did not break below.
Reward to risk is 3.5 :1
Fibonacci Retracement on D1 to long USDJPYWaiting for a retest again at 61.8 level. If didn not break below I looking for long opportunity. At final TP I am looking to short (Bear Bat) will do another analysis on that.
Reward to risk is 4 : 1
Waiting for retest at 200ema to long GBPCHFWaiting for retest and if did not break I will look for opportunity to long
Reward to risk is 6 : 1
Looking To Long EURUSD At PullbackDaily TF still uptrend and H4 now closed above 200ema. Looking to long at pullback at 200ema.
If break below the 200ema, the analysis is invalid.
Reward to risk is 3.5 : 1
Bearish on GBPAUDDiamond pattern suggesting a reversal and as political uncertainty continue to weigh on pound. I am looking to short this pair.
If Price break above the upper trendline, this analysis will be invalid.
Reward to risk is 10:1
Looking to Short GBPCAD Descending TrianglePound on defensive due to political turmoil. However, it is pretty flat across against its peers. Market has not fully price in for the political risk. However I am still bearish on pound. If price break below the support level I will look for short.
Reward to risk for this analysis is 5 : 1
Nevertheless, there is a chance of reversing upwards too. If market break above 1.6723, I will look for long opportunity.
