Missed $GVT and $SALT Call? Don't Worry, $QSP Here...Quanstamp having $23 millions dollar market capital with 976+ millions on total supply. QSP is the alumni of Y Combinator and already having 4 regional offices: San Fransisco, Toronto, New York and Tokyo. Their work is helping clients with an understanding of using smart contract and blockchain. Quite relatable with what we need in the status quo. They already have clients! So far, it's great fundamental and match with the industry niche.
Right now chart is also looks very juicy. I love the chart because it really looks like SALT and GVT on it's recent bottom.
As you can see the same setup on GVT and SALT giving tremendous result lately, and I expect the same thing happened to QSP.
If this ideas helps you, give it a thumbs up, comments and follow me. Thanks a lot!
Tradingsetup
High Reward, low risk GBPCADI am sincerly sorry for not posting the past few weeks. I have been working on my trading setup day in and out which is why you havent heard much from me. With that said, I have placed sell limt trades on my oanda live account as my system indicates that GBPCAD is in a downtrend that is experiencing a pullback. GBPCAD
"KPIT" Continue in it's UpTrend"UpTrend" & Above "180 MA" Means a Long Term Positive Trend.
Now RSI Is Low Around @49.9 & You can set a stop loss below or At Price @282.50 ( "Low Risk", "High Reward" Trade Setup).
GBPUSD - Potential Bullish Butterfly Pattern on H1 ChartHi guys, it's been quite a while.
A potential bullish butterfly pattern might be forming on H1 Chart.
RSI is on it's way to oversold level.
R:R at 2.4 (TP1) and 3.6 (TP2). Good luck.
GBPUSD - Potential Bat Pattern on H1 ChartA bearish bat pattern is almost complete with PRZ at good resistance level.
RSI is almost at overbought level as well.
R:R at 1.3 (TP1) and 2.2 (TP2).
Good luck.
NZDCAD - Butterfly Pattern Completed on H1 ChartA bearish butterfly pattern has completed and reacted slightly, so I am a little late.
As such, I will wait for a pattern retest at the PRZ area.
R:R at 1.5(TP1) and 2.6 (TP2). Good luck.
GBPJPY - Potential Bat Pattern on H4 ChartWhat a drop guys. The drop has created a potential bullish bat pattern with RSI just touching the oversold level.
PRZ is at a good support level.
Only looking at TP1 with R:R of about 1.6, GBP news in about an hour's time.
Trade with caution and good luck.
GBPNZD - Bat Pattern Completed on H4 ChartA nice bullish bat pattern has completed with RSI rebounding from the oversold level.
You may choose to long now or wait for some retracement and enter on lower timeframes.
R:R at about 1.1 (TP1) and 2 (TP2). Good luck.
GBPJPY - Potential Bat Pattern on H1 ChartA potential bearish bat pattern is spotted, RSI on its way to overbought level.
PRZ is at a good resistance level.
R:R at 1.1 (TP1) and 1.8 (TP2). Good luck.
AUDCHF - Bat Pattern Completed on 15-min ChartVery short-term trade, this post is slightly late.
A bearish bat pattern has already completed.
I have shorted this pattern.
R:R at about 1.1 and 1.9. Good luck.
GBPUSD - Potential Shark Pattern on Daily ChartA potential bullish shark pattern might complete soon with RSI almost at the oversold level as well.
PRZ is at a good support level.
Nice R:R at 3.8. Good luck.
BCHUSD 1h between the zig and the zag. 1h SetupBitcoincash ended a sequence from 1,225.55 low in the form of a double correction truncated below equal leg area at 1,487.65.
The sequence from 1,574.37 high was a motive 5 waves move down, so I expect the same sequence from 1,487.65 to the downside.
Projection of equal leg area from current levels is 1,138.83-1,056.51 possibly 923.36 where buyers should appear for at least a 3 waves bounce or higher.
I don’t like selling at current levels and would position longs at equal leg area. Below 923.26, the correction could change in nature and would be rather out to assess the situation.
Invalidation level to the upside is 599.49
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
ZRXBTC - Can go back and forth until confirmation is there...ZRXBTC 4H UPDATE - 28/04/2018
I would not recommend to sell here as marginal new high cannot be ruled out but cycle is mature and pull back should be seen soon. Don't try to fade. Invalidation level to the downside is 19,234 and we are in a motive 5 waves from the lows.
I'll prefer to wait for confirmation of blue 1 completed and then buy the correction in a corrective 3 waves to the downside.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
XMRUSD. Will it make the textbook lie?Monero is following the path. And textbook is saying that in a new cycle, a motive 5 waves is followed by another motive 5 waves.
How are we sure it will happen?
How do you tell a cycle is completed?
How do you buy the correction?
Thanks for your time
Cheers
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
BTCUSD - Getting a bit closer as correction structure unveilsas long as below 9,737.16, should expect 8,279.58-7,594.69 for buyers to show up.
As move from the lows is in a corrective 3 waves, I won't buy, preferring other crypto setup like xmrusd or zrxbtc as discussed in TradingView.
If you go long in the specified zone, I would get out below 7,590 because nothing says it has to stay above 6,427.16 or 5,920.72 as those levels are not protected (no bullish sequence in higher degree and no motive 5 waves up).
For me to go long again, I would wait for a break of 9,737.16 from lower and buy the correction in 1h time frame.
Invalidation level to the upside is 5,920.72, line in the sand for bulls.
Check related ideas to understand why cycle from 6,427.16 is not a motive 5 waves to the upside.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
GBPJPY - Potential Shark PatternA potential bearish shark pattern is forming on H1 chart.
PRZ is at recent high as seen on the chart.
Good R:R at 1.8 (TP1) and 3.6 (TP2). Good luck.
AUDUSD - Bat Pattern CompletedShort-term trade, a bearish bat pattern has completed.
Traders may choose to short at the next 4-hour candle or wait for the price to retest PRZ then short.
R:R at 1 (TP1) and 1/9 (TP2). Good luck.
CADJPY Short PlanSelling CADJPY based on 3 confluence reasons.
Waiting for the 4th reason to enter short
EURUSD - Potential Bat Pattern on H1 ChartA potential bearish bat pattern is almost complete, RSI is about to reach the overbought level as well.
PRZ is at a good resistance level.
R:R at 1.8 (TP1) and 3.1 (TP2). Good luck.
NZDJPY - Potential Bat PatternA potential bearish bat pattern is almost completing, RSI is almost at the overbought level as well.
PRZ is at a good resistance level.
R:R at 1.5 (TP1) and 2.6 (TP2). Good luck.
GBPAUD - Potential Shark PatternA potential bearish shark pattern may complete next week, RSI is on it's way to overbought level too.
R:R at 2.3 (TP1) and 4.2 (TP2). Good luck.
GBPJPY - Potential Butterfly Pattern on H1 ChartA potential bearish butterfly pattern may complete next week.
Wait for RSI to hit overbought level.
Good R:R at 1.6 (TP1) and 2.9 (TP2).
AUDUSD - Potential Bat PatternHey guys, glad to be back analyzing the charts.
I see a potential bullish bat pattern completing maybe next week.
Waiting for RSI to reach oversold level.
May use H4 chart for reference and entry.
R:R at 1.65. Good luck.
