Krystiannwk

Krystiannwk

Upside down head and shoulders formation. Pair is holding above 200 ema and GAP from daily chart. I'm bullish on this pair and my TP is close to 1.2800 which gives R/R ration around 5:1. links below showing pairs which are following trend after upside-down head and shoulders formation appeared on chart.

Krystiannwk

NZDUSD is trading below 200 ema on 1h chart and it was strongly rejected after it reached GAP from daily chart. See twisted circle. I marked with stars places where this GAP was holding pair above. After this support/resistance area was breached it is in my opinion nice opportunity to go short.

Krystiannwk Updated 

I believe we are in the very interesting situation where bitcoin chart is creating upside down head and shoulders formation. I put links to my previous ideas so U can see how this kind of formation is affecting future price trend. What I found is that when upside down head and shoulders formation appears it most likely means that the current trend will...

Krystiannwk

ETC created almost perfect double bottom at the end of 2017. I marked strong support which hold pair below it till February 2018. This support/ressistance area has been breached recently by strong move and defended which moved pair towards north. This pair is on the market for some time and it is actually one of the blue chip coins in my opinion. I think 0.079 or...

Krystiannwk

After bullish movement which last for 3 consistent days pair formed very harmonic flag pattern also we can see three white soldiers. There is one GAP grey thin line which represents GAP on daily chart. This chart is filled with variety of bullish patterns mid of January upside down head and shoulders pattern was formed on 4H. I set up TP at 1.600 which is based on...

Krystiannwk

All the interesting patterns and formations are on the 4H chart. I would like to point out here how the pair is hanging on 50% Fibonacci level with company of engulfing candlestick formation. Pair might have problem to move up because of this 200 ema which is dumping pair lower but eventually it should manage and go higher in the next few weeks.

Krystiannwk

I marked on the chart GAP from daily chart and I think it will play important role in next few days as a major support/resistance area. It seems like that the pair is back on up trend after yesterday's sharp movement. Risk ratio is set close to 3:1 and it is based on Fibonacci 50% to 150%. Green rectangle - this is very powerful formation with close to double...

Krystiannwk Updated 

AUDJPY is bouncing off very strong support/ressistance area. We can see here unfinished double bottom combined with two GAP;s based on daily chart. I would go long here with SL just below longest wick and TP when pair will meet 200 ema on 4H.

Krystiannwk

Blue stripes representing GAP on daily chart Green stripes are representing GAP on weekly chart Circle in the left upper corner we can see irregular H&S formation plus 200 ema rejection Another circle in the left upper corner is the place where pair has very hard time to go above weekly GAP and after rejection going south right now pair is trading in weekly...

Krystiannwk

I marked with blue arrows double bottom which was quite a significant level to enter the market. Around 30k there is strong support/ressistance area which is playing important role on the chat. This level was breached today and open possibility to go up to 50k in near future. Pair is finally trading above 200ema which is also suggesting bullish trend. I think...

Krystiannwk Updated 

50% of fibo is based on 3 year long bearish wave. IT is combined with double top with nice candle formation and GAP which is respected by market without doubt. I set TP close to 38.2%.

Krystiannwk

It is another update to my previous ideas. I I would say that this looks like irregular H&S formation. This resembles to H&S formation on the USDCHF back from 2010 between may and june. I would say it is quite a opportunity I also linked few other examples how this formation is acting when is pointing trend continuation.

Krystiannwk

I'm starting to think that the pair will not create H&S pattern which i mentioned in previous idea. I marked 3 GAPS based on weekly chart. These are playing important role and created strong support/resistance area for any bullish movement in the past weeks. I set up risk reward ratio based on the 50% fibonacci retracement. My TP is 15.20

Krystiannwk

Channel (lime lines) is nicely respected by market also combined with GAP is suggesting further downtrend. It is in my opinion good chance to enter with quite nice risk/reward ratio. In my opinion channel will be broken in future and it will push pair towards south.

Krystiannwk

50% marked on the chart is the retracement form the last 7 months downtrend started at the begging of the January last year. I see here incomplete head and shoulders pattern which may or may not appear in next couple of months. the top of the formation is in 50% area combined with psychological level which is 20. one arm is bounced from GAP combined with...

Krystiannwk

EURGBP is trading in channel(two lime lines). I marked two GAP's which are playing important role on the chart green one is based on Daily chart and blue one is based on weekly chart. Yellow circle highlighted strong pull-back after pair reached this strong support/resistance area. I set SL above weekly GAP and TP around 8300 which gives are quite good risk reward ratio.

Krystiannwk

There is something interesting about this chart. GAP (green block) from Daily chart created quite nice support/ressistance area. I marked with two eclipses point where pair was rejected when in touch with this area. This price action is suggesting strong bear trend which should move pair towards south in the next month or more. I placed on the chart Fibonacci ...

Krystiannwk

When look at weekly chart short trade looks even more possible. I marked important GAP's on the chart. I marked in circle place where GAP acted nicely as the support/Resistance area. Last three highest highs are creating rounded top which is another signal for sell in my opinion. Pair is strongly rejected after it touches GAP on weekly chart marked. Blue GAP is...