Waitingforconfirm
GBPAUDHERE WE HAVE A POTIENTIAL FLAT FORMING IM AM LOOKING FOR ONE MORE UP TO COMPLETE THIS CORRECTIVE MOVEMENT THEN I WILL BE TAKING THE SELL IFTHE SETUP SHOWS ITSELF THIS IS A 300 PIP MOVE.. HOWEVER WITH GBP BEING CLOSE TO BREXIT I WOULDNT GO VERY HEAVY ON THE LOT SIZES AS THIS GOOD BE A RISK..
trading is
1% analysis
45% risk management
54% psychology
XRP/BTC Are we waiting for last test; prove on massive bull run?Ripple is third most important crypto currency based on market capitalization. Many believes it will go up soon and I agree. But if you look at volume and some key support levels XRP/BTC pair didn't touch, it might go first down to support levels between 4000 and 3000 satoshi.
About new: Ripple cryptocurrency delay exchange launch for next month (july). There can be same many reasons on waiting masive bull run (for example; bitcoin proving its support zone on next bull run (weekly chart); Xrp is waiting on law proves, and last test on platform... It could be many reasons, but for now I see only low volume what has no interest for me till we touches new support levels. Support levels will tell ripple performance, and then you can jump in. On the other hand trading on last few steps before bull run can be same very risky on losing potencial profit.
Me as a trader I like my to risk on my own. I like proving my strategies as a professional trader and being an expert on my hard work.
Looks like sellers giving up on level 8000$Buyers react very strong based on last hourly swings.
Market is still in bearish zone but buyers defense their support very well. They keep and keep defensing each support higher. So the price might continue higher and stop at levels I marked.
If Buyers break throug then, the important data is how hard.
Stay tuned with ongoing and enjoy watching
Ripple in need for last confirmation before bull runRipple tried its bull run twice time. Theirs few Higher High attempts failed, so we need last Sellers on last retracement, get them tired and then buyers will get open spot.
Ripple is late currency and is waiting for big adoption tech, what will later bring huge profits. It's not easy just decide we're gonna cross board transaction... I believe, before real bull run, their is still sellers interest on last confirmation between 0.31 - 0.33. Still market might show signs before, but deepest is between 0.31 - 0.33 . Ripple is getting bigger and bigger attention over past few months, but game is played on their own and not on positive media talk. Once they decide huge run is ready, which might be in early July or even latter, I'm gonna push my long term button.
I think, for now it's just better to step on side and wait for more signs.
Bitcoin holders, Don't get stressed on next bearish move!We need Sellers to Buy stronger. Next bitcoin short term might be stresfull for Buyers. Short to 7000 - 7200k can take time to recover. In first example buyers might hold this level longer time till next buy. In second example, buyers might defense very strong and react faster. In third example, which is same possible, buyers don't show enough power yet for recovery.
If you trade bitcoin, you can pull your trigger on short, but once market stop, I recommend you to step on side and get attention on behaviour from each side #buyers #sellers #psychology
Soon I will share my knowledge in course section. If you like me, you can same follow my post. I'm already sharing my mind into each post.
Waiting sell signal on EURNOKThe EURNOK shows that is it on a downtrend on daily timeframe
Therefore I am expecting it to touch the outer trendlin since the inner trendline has been broken meaning it is going to re-test on the resistance
zone at 1.74046 and should make a touch on the outer trendline.
[VIETNAM STOCK] [CTG] WAITING FOR BUYING SIGNALNormally I do Forex, however some of my friends asked for the analysis of the Vietnam stock market, so I publish my analysis about CTG or Vietinbank Stock.
As we can see, the uptrend is on the way currently on D1 which shows the fairly strong momentum. Meanwhile the down side shows the weak momentum on the way back from 18/03/2019 so there will be the high chance that that back down is only the pullback/retracement. In this case, we should wait for the signal bar or confirmation that our buyer will take control back. One D1 big bar from a significant support (price level of 21.1-20.8) will be enough for the confirmation to initiate your buy order.
If no signal or big bull bar happens at that support, simply discard this idea.
Let it fall - on a day chart we are bearish
- currently we see a sideways market
-we could get a bounce off the support line
- Market turned at this level previously
- Circle market in blue is an area of interest.
- Things to look into would be CADJPY as these pairs act the same to an extent
Check out the analysis of CADJPY
PERFECT STORM APPLEAl cierre de hoy, apple esta tocando el fibonacci 61.8% y todo indica que lo sobrepasará. De lo contrario un rebote y comprar Long. Hay que esperar como se comportaría y tomar decisiones.
Advertencia: no es un consejo financiero.
Cualquier inversión de esta naturaleza podría conllevar la perdida total de su dinero.
USDCHF Testing a year-old resistance - Bullish ScenarioThat green area is a daily bearish orderblock that is now being used as a resistance for the third time.
So far this is the longest consolidation inside of it since we broke below in March 2017, which is a good indication that the resistance is weakening and may be broken anytime.
On the 4H chart, we've hit the local sweet spot for a retracement and are currently aiming to break that resistance.
Since we're still below it, entering now would be risky , but if we wait for the break above, and enter on the retest, we could make it a high probability trade with a target at the next weekly resistance level.
I will update or add a new idea once that happens, but watch for that break.
USDCHF Bearish scenario breakdownSince we're still below a major resistance, it's also possible to look for bearish scenarios. We will know what's going to happen once we have a break on either side.
If we break down from here and below the daily breaker (+ daily horizontal level), we'll be looking to short the retest and aiming for those lows there.
Again, wait for confirmation and trade carefully.
For the bullish side check out my previous idea.