mgibson91

mgibson91

Clean and slow retracement back to daily 20 SMA, MACD close to crossing back over

mgibson91

Trendline break, macro uptrend, looks like it wants to move

mgibson91

Price dropped to FVG / support. Bullish price action

mgibson91

Loads of momentum, XRP ETF hype, Brad Garlinghouse + Trump photo Could be a good one to trail up

mgibson91

Constant uptrend, large consolidation. Could be a good spot to add to holdings

mgibson91

Entry Reason: - Broke above multi month downtrend with strong candle Exit Strategy: - Stop just under low of bbig breakout candle - 50% TP at liquidity - 50% trailing stop - Trail stop below daily pivots

mgibson91

Rationale: - FVG - Support - Trendline retest If there's a promising move up may mix with trailing stop and taking some profit along the way

mgibson91 Updated 

Rationale - Bounced off 200 EMA - Bounced recent support zone - Beefy candle Could fail to break out, target is beyond the downward trendline. Aiming to trail stop, if breaks above trendline, won't go for that target but will trail instead

mgibson91

Rationale: - Breaking daily structure - Support by MAs - Strong uptrend Plan: - Wait for bullish 4H close - SL below bullish candle & trail

mgibson91 Updated 

Planning to sell with stop above high and trail stop down Full bodied sell candle Failed to make higher highs Lots of pressure from moving averages

mgibson91

- Planning to trail stop loss, could potentially lead to the weekly break and be a great trade to hold

mgibson91

Another perspective on a short flip - RSI trendline break and retest

mgibson91

Both daily and 4H time frames are showing: Reaching up to long term S & R Bearish divergence Looks like a high risk reward short entry position. Shown short setup is a possibility of how this could be traded

mgibson91

Chart shows limit entry just below 0.854. Could also enter based on price action

mgibson91

Notes are on the chart. Looks quite a lot of confluence to roll over not forgetting about Covid-19. Big number of 200, multiple drives up already, bearish divergence across time frames, touched outside top bollinger band for the second time, touched top trend line for third time. Personally, I have scaled in and will be scaling out of this trade. However, this...

mgibson91

Looks to me like we are in a normal flag after a large bullish impulse wave and are testing the bottom of the flag for the last time. - Price has been flagging after big bullish impulse wave - Price is at a previous horizontal support level - Price is retesting downward support line and has just achieved a 4H bullish pin bar right on the support line with a...

mgibson91 Updated 

A possible aggressive long entry due to Fib level and MA confluence within pennant. These may (as well as the preceding bullish impulse) allow a peaceful long entry before a bullish breakout to next Fib level

mgibson91

Looks like a high reward, low risk area to be considering a mid-long term long position in LTC / BTC or other cryptos in general. Personal preference is IOTA due very strong fundamentals