Ethereum broked one of important resistance and continue bullish actions. so i this we are in a good area of buying. I wait for a price action to buy/ happy trading
Wave 5 corrected on Mar 2019 and new wave started, triangle pattern confirmed with 3th trend rejection i think we should see 1280
Reasons: 1: Head and shoulder appeared on H4 Timeline 2: Market is strong Bullish
Here is the reasons: 1- W1 Timeline bollinger upper band is going to touch 2- W1 Timeline Support Retest 3- D1 Triangle Pattern Confirmation on trend line broke and closing of daily candle.
Reasons that i believe Bitcoin Short Term Drop: 1- RSI on D1 Timezone is showing 80.000 means that there is a huge overbouth happened on Bitcoin and every time that RSI touched 80, there is at least 30% drop happens after that. 2- ABCD Pattern now 70% completed. 3- After this huge jump, bitcoin needs a retracement so it can confirm support level as an strong...
With a reference to yesterday funds and volatility, i think so many traders hit stop loss and today i think EURGBP cannot pass from the Keyline because no more strong available in buyers of the market. So i go short position on EURGBP
For me There is nothing interested right now about FX:USDJPY and i like to open Long position if there is confirmation above 112.00 and go Short if there is a confirmation below 111.00 Until the confirmation i am at the sideway.
Well as you can see in the W1 Timeline, in the past week; FX:EURUSD rallies the price significantly and reached above 1.1300 Level and probably tries to touch and retest EMA 20, and for those who long trade fans; there is long position opportunity but need very small lot size because of probably volatility risk. In other hand MACD give us a signal of divergence...
We have MACD confirmation to Sell, Stoc, RSI, CCI Ready to drop
There is an available strong channel here in USDJPY and i always like to go long and not short for bullish trends, but i like to consider this opportunity as a low risk situation so i wait for fake broke of 111.50 key level and after H4 or D1 candle confirmation i go short with low risk. and i also thinking to have TP on 60 pips near 110.90 support level. have a...
As we always see and almost every time happened, BREXIT impact and GBP/USD trades near 1.2970 during the early Asian session on Monday. Im consider to open a sell position after confirmation.
There is a resistance zone available at 1.1265 ~ 1.1275 We need H4 or H1 confirmation before opening sell position.
We are going to checkout first resistance at near 1303.50 and downtrend may forming for retest of 1293.50 I will open sell position if there is an H4 confirmation below resistance level.
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Someone somewhere told me that always search for Buy positions when main trend is bullish and Sell positions when main trend is bearish. So i like to consider this as a role cause of most time truth. based on this type of thinking, i like to open buy position after confirmation in support fake broke. Lets see what happens.
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