My view for the coming week.
ETCUSD shows good signs of support a break of flag and we can see the move to retest previous high and break through to possible Tops again. Another view for an extra confluence for those who likes harmonic patterns. or An EW view
Hi all, Just wanted to touch on the concept of buying low and selling high. P.S. Still new to this recording stuff so apologies.
Refer to explanation on video Still new at this whole video and recording thing so apologies for the slight mumbling. Cheers
Explanation as per video. Feed backs welcome Cheers
1st Video - still new at this video recording stuff so apologies in advance. Hoping to improve the explanation in due time. **Sound quality is not very good**
If there was 1 trade to take, this is it. Using wide stops and small size positions. Nice little positional position project.
Great momentum to retest upper channel. Still no confirmation of long term trend change. I've been anticipating the move for about 2months Trend may ease off before taking off again.
Found bottom and had broke through minor resistance. Heading to 270-280 but first, needs to break through the weekend correction
Long term view on POWRETH Double bottom formed with RSI Div which has now broken the neckline. Watch for trend continuation to the upside
Short term correction for another bull trend continuation. Price is currently testing at major resistance with strong RSI divergence on the Daily Chart with a potential Double Top forming. For this week: Short term Sell* A potential counter-trend trade would be to take the trade on H4/H1 if there is a bear flag or a double top formation where the RSi shows...
This could be the bottom where there is an impulse move that broke out of the down trend. I am bias for a move to the upside to at least break out of the correction to retest resistance.
2 Scenarios that Ripple is currently testing A clear break and close above major resistance on the Daily, we could see it returning an up trend. Camp out for confirmation.
POWR for another leg up 2 scenarios for trade opportunity.
Short idea RSI over sold, possible double top, fib ext 1.618 w previous rejection.
A correction (bear flag) almost ready to short with RSI Div showing weakness to the corrective move.
Broke trend line - price is currently in consolidation. Previous move was an impulse move. Anticipating on another short term impulse move to support.