highwaytrader

highwaytrader Updated  Jul 24, 2018

I'm a bit late with this idea. XROUSD has a big bear flag pole setup. But since BTC dictates the market haven't entered this trade yet. You can enter short at the bottom of the parallel channel. Target 1: 43c Target 2: 42c Target 3: 38c

highwaytrader Updated  Jul 24, 2018

Similar to other alts, there's a bearish flag pole setup on ETHUSD. It could also be a raising wedge, but it's a bit stretched interpretation. Measured move is down to 100% retrace at $418.

highwaytrader Updated  Jul 23, 2018

Btc reached $7800 which was the final target for inverse head and shoulders pattern we had. It got rejected fast from it and came back right on the downtrend line and the top of the parallel channel. RSI is slightly overbought. I will take a risky short position at $7760 with very tight stop loss of $7800. Target : $7450