Trades
DXY Expecting More Downside?Expecting DXY to have continued weakness.
This will be helpful to know for all USD pairs.
Remember: Think of pairs as a teeter-totter (Weakness:LightWeight) & (Strength:HeavyWeight)
USD/XXX = \ bearish movement
XXX/USD = / bullish movement
*Generally speaking the XXX side matters just as much*
EURCHF Potential Short Coming UpWe see a short opportunity coming up this week for EURCHF however the individual currencies make it unclear at this time.
EXY has no clear direction ATM however we are Bullish Bias
CHF has another week or so of weakness before Bullish Price Action.
Lets see how this plays out
XRP still higher highs to see After a crazy day yesterday we can see a slight correction today, this happens after every shot up.
Honestly I still did not sell anything, as the way I see it is, we still have our 61.80% fibonacci that aligns perfectly with our support line and, we have a very strong support line aligned with our 78.60% fibonacci.
I am also happy to say that every support was perfectly tested ;) talent or luck ?
How ever if you did sell at the top this could be good zones to buy in, or if you missed the bull run.
I still believe that 0,45 / 0,60 USD is to be reached within this week.
Thank you for reading,
Happy trading
EURO BULLS TO 1.52500 RETEST & CONTINUATIONGood evening once again from the UK. The Euro against the cad has found some momentum after testing the lower upper trendily at the key level of 1.50800. With a shooting start forming on last weeks closures many rookie traders would of entered a short with a break of the trendline. With a weekly timeframe Gravestone dogi closure this indicated a clear opportunity for buyers to enter the market.with a bullish engulfing candle yet with todays hammer closure with have a daily key level (green block zone in which needs to be tested in the London session, we may find a slight retracement for a good entry on a lower timeframe looking for bulls. If we see a closure above 1.5200 we have our eyes set on 1.53500 as our next major key level of support.
XRP prediction met with absolute precision !! What's next ?Cashola traders,
I am happy to say, that my prediction made on the 25th of january (you can go see the article for yourself) was met with absolute precision ! You can not get any better than that :)
Now, I wanted to give my thoughts on what could happen next.
This week seems to be very decisive and exciting for the cryptomarket, after a month of no big price actions I was starting to fall asleep on my desk waiting even for the slightest move. I even tried starting a movement to make the volatility come back, unfortunately I had and still have 3 followers and din't go so far...
Any-who, coming back to the subject in hand, I believe we are at the judgement day or week for XRP, we have hit this trend line tested many times, making it very strong and hard to break, which made me enter the biggest position I ever entered yet in this market ! A total of 10 USD !!!
Seriously though, I am now waiting and watching the charts like a hawk, waiting to see if we rally up to what possibly could be a new high (higher than 0,45USD which is the high we got the last time we hit this region, a new all time high would be insane although fingers crossed for 1000USD XRP !!) or we could break this god forsaken trend line and dive into the depths of the 0,15 dollars region, scary right ?
Now, don't get freaked out as soon as we go under 0,29 thinking it will fall and panic sell all, you remember where that got you last time and I believe that is the last thing you want to experience. Obviously, as per usual the manipulation can get very severe trying to knock out all of those stop losses set under that trend line... Which is why I have not set one and will sell myself when I got that real "Oh F*ck" walse watching the charts from my toilets (24/7 baby, all time long yaaaalll), of course that "Oh F*ck" moment needs to be based on logic and gut and as I always say not on fear and greed.
Basicly here's a short recap:
- Prediction met with absolute precision (I am the king, bow at my knees)
- Buy big now if you did not already (and if your not stupid)
- Sell when the price spikes under the 0,27 / 0,28 region rouhly. (Desperate times call for big regions)
- Or sell some when the price hits a whopping 0,40USD and again when it hits 0,45 and again when it hits 0,50 (or sell all at 0,50 if you have superman's balls)
Thank you for reading,
I know I am great,
Peace out and love to all,
Happy trading,
Piers Thackray
(ps: don't take this article too seriously, my predictions you can take like god's words that have fallen from the sky, but I mean the humour, we all know I am not the king, I'm much more than that :)
AAPL Apple Stock SpeculationHello traders. Lots of opportunities in all markets. Here we have Apple Stock Charts. We have significant demand just below. Look for price to possibly retest there before its next big move up. We should see some hesitation at the first supply zone from price with ultimate goal at the higher supply zone.