There are two Scenarios, which could happen next to USDCAD.
First scenario (black arrows):
It seems, that USDCAD is building a Shoulder-Head-Shoulder formation, which is
indicating a reversal of the uptrend at the moment.
If thats the case, I am looking for fullfilment of the S-H-S formation and
try to enter a short position, when a retest of neckline...
Xrp is testing it´s low´s again. If we can not hold the ground at 0.28-0.285$,
we might see a drop to the 0.245$-0.265$ Region.
This could also be a potential swing trade with a huge risk/reward ratio.
Good Luck!
EURUSD Long Setup
Simple TA
- Eurusd is in a accumulation Zone (furthermore i am looking for possible swing trade opportunities to the upside, just not now )
- Downtrend in daily timeframe
- Broke the downtrend
- Restest in H1 timeframe
Nice R/R
Good Luck!
After USD/CAD broke the trendline in the H4 timeframe, the FOMC news caused a
80+ pips move to the upside. Early Shorts, probably were liquidated and now we got another chance
to catch a nice short move. I am targeting 160 pips~.
All in all, this pair is looking pretty bearish (Daily/weekly timeframe)
I am expecting another quick spike to the upside at the...
Here we go again.
Bitcoin broke through the daily trendline and found Support at the 9530$-9630$.
Retested the daily trendline, short orders increased and led to another drop around the
9530$-9630$ region. After that it appeared a big bullish 4h candle which had a closure above the
daily trendline again, but also broke out of the range, in which it was stuck,...
Here we go again.
Bitcoin broke through the daily trendline and found Support at the 9530$-9630$.
Retested the daily trendline, short orders increased and led to another drop around the
9530$-9630$ region. After that it appeared a big bullish 4h candle which had a closure above the
daily trendline again, but also broke out of the range, in which it was stuck,...
Bitcoin has build a downtrend since the rejections of the 13200$ area, in the H4 timeframe.
I think Btc is going to make a correction to the upside target 11640$. The daily timeframe
is showing a nice uptrend since the 25th of April. After breaking through the daily trendline
the bulls were able to show strenght and managed to break back above the daily...
Bitcoin has build a downtrend since the rejections of the 13200$ area, in the H4 timeframe.
I think Btc is going to make a correction to the upside target 11640$. The daily timeframe
is showing a nice uptrend since the 25th of April. After breaking through the daily trendline
the bulls were able to show strenght and managed to break back above the daily...
The Bitcoin dominance compared to the Altcoins is looking weak right now.
It tried three times to break through the trend channel the last couple days, but
could not manage to clearly stay outside of it (H4 timeframe). The last 4h candle closed inside
the channel. If the daily candle closes inside the channel today, we can expect a downside
of the BTC ...
The Bitcoin dominance compared to the Altcoins is looking weak right now.
It tried three times to break through the trend channel the last couple days, but
could not manage to stay outside of it (H4 timeframe). The last 4h candle closed inside
the channel. If the daily candle closes inside the channel today, we can expect a downside
of the BTC dominance, which...
