Jumping on a short due to a h&s pattern forming. So far so good, the price is dropping.
Very simple chart structure on the daily for USDCHF, looking to follow on the uptrend, however it seems almost too good to be true!
Currently struggling to break past 0.75600, which it struggled on the last attempt as well. Last attempt saw a drop 0.74800 area. I could also see it continuing 0.75600 before dropping.
Following recent patterns, and recent hourly green candle, it looks as though the price will bounce after hitting a resistance point.
Like most of my trades, following where the resistance levels are at and seeing if the price breaks or follows its trend history, in this case it looks to be following history as recent red candles have confirmed.
In and out hopefully , failed to break resistance, jumping on momentum.
It looks to be bouncing from previous resistance levels, trade going well so far - I may have to reassess my TP though as I'm not too sure where it may go.
After a short break from trading, my first trade back in, little analysis in this, Although not too bothered as I'm not placing the trade, just laying analysis.
Catching a double bottom trade, the movement has already begun, so just hopping onto the momentum.
NZDCAD on a buy following previous market chart patterns, two different patterns are signalling a buy. Tend not to trade on a monday, however this is looking more promising.
Shorting due to the recent double top, already begun making downward trend, just jumping on it.
Following the price reaching the previous low which had bounced last time, I'm hoping to follow the same price change with a long.
Hopefully catching the end of the day drop after reaching a previous resistance point.
Bouncing off the resistance, expected to follow previous market patterns of rising.
After a week off, taken some time trying to find any movement/ entries for any trades. EJ bounced of its resistance and looks to be falling. Following bank of Japan news
I believe the value of Ethereum is due to rise, it's currently consolidating around 1700-1800, 1700 seems to be a level of resistance, judging off its recent price points along with May-July last year when it was at similar levels. Those levels are factors in my analysis as once it touched those prices, it quite quickly formed green candles without much...
Looking to hopefully jump on this as the price reverses.