After LUNA made a new ATH and establishing a break of structure on lower timeframe, I'm entering on a pullback to participate in the anticipated continuation of bullish momentum. Targets defined by Fib Extension: levels 1.27, 168 and 2. Will trail the stop along the way and manage this position moderately aggressive.
After substantial breakout of the bearish channel and bearish trendline, BTC is making new higher highs in lower timeframe indicating more bullish momentum. Entered at the market with two targets: substantial high and ATH. Will trail my stop loss along the way and will manage this position very aggressively.
Looking to enter this DUSK swing continuation setup with target at the next higher timeframe structure.
Starting January to now, there are divergences all over the place. While the prices where rallying to new highs, RSI , OBV, Volume are declining which indicates buyers losing strength. If it'll correct, I'd think the target could possibliy be somewhere between 40000 and 45000. But who knows in volatile markets like Cryptos. But currently I don't see the strength...
Market at range support. Range support is considered strong as it did hold already 4 attempts and might hold a fifth time. Target is slightly below the high from before the weekend. Traded in H4.
There are two overlapping harmonics in EURJPY. The Gartley just completed on Friday and cleared the whole potential reversal zone, while the bat did just complete on Friday, but PRZ is not yet cleared. The stop loss zone of the bat pattern is right in the area of some neat structure with multiple bounces in H1 and H4. The PRZ and SL zone of the Gartley does not...
There is a potential bat pattern at USDJPY in the 60 minutes chart. If price clears full PRZ, watch if PRZ is respected by the market and check for RSI overbought confluence. If PRZ is fully touched, RSI is overbought and then falls below 70 within 5-6 candles, enter the market. Ensure to enter above 111.624 to maintain at least a RR of 1:1 on TP1. Max SL will...
A bat just completed at AUDJPY. The already stalled above the PRZ right after the terminal bar -- which turns this pattern to a potential trade. Wait for the price to stall and RSI to come out of the overbought area for a type 1 entry. Once RSI turns down and is >= 70, entering the market is permitted. Be sure to enter above 88.779 to maintain a RR of at least...
A crab just completed at EURAUD. RSI is oversold and must reverse and leave the oversold area. Currently it looks like the PRZ is not respected by the market and the pattern is not worth a trade. Watch closely on price action around PRZ within the next 1-2 hours. If price exceeds the SL zone, the pattern turns invalid. I publish this mainly because I was...
2017 was an exciting year. In January, I've started demo and paper trading, now in November, I've started a small live account and -- unbelievably -- I'm not doomed yet but doing good. Small draw down two weeks ago (what a shitty week!). I've took a deep breath and traded through this. This week started bad again with 20% win rate. But it turned on Wednesday...
There is a potential bearish Gartley pattern at EURGBP with an overall RR of 1:1.67 (if both targets are hit). The entry has had minor as well as major (daily) support and resistance in the past with multiple touches. Also there is Fibonacci confluence on the daily. SL above X (e. g. ATR based). Entry: 0.88326 SL: 0.88446 T1: 0.88173 T2: 0.88078 Good luck!
There might be a great opportunity bat pattern at AUDJPY in the next hours or so. The entry point is minor as well as major (daily) support and resistance level with multiple touches. Also there is minor and major fib confluence at the entry point. I consider this a high prob trade. S/L goes below X (e. g. ATR based). Entry: 86.038 S/L: 85.95 (8.8 pips) T1:...
There is a potential Gartley pattern at the USDCAD, 15 minute chart. Watch closely for C->D completion at ~ 1.2798. If both targets are hit, this potential trade has a RR 1:1,49. Entry: 1.2798 S/L: 1.27743 T1: 1.28249 T2: 1.28415 Good luck.
There is a bullish big cypher pattern or a bearish butterfly (or indeed none of both :-) coming at the EURUSD. Currently the butterfly seems to complete rather than the cypher. A completed butterfly invalidates the cypher. Bullish Cypher (long): Entry: 1.1646 S/L: 1.1544 T1: 1.1759 (RR 1:2) T2: 1.1834 (RR 1:3) Bearish Buttferly (short): Entry:...
This is a very nice opportunity for all ya crypto-traders. A double top with RSI divergence. This is a great opportunity for a pullback trade but it also could be the start of a short term down trend.
A Gartley pattern is almost finished at the EURGBP H4 chart. Entry: 0.88001 (even number) S/L: 0.87614 (38.7 pips) T1: 0.88746 (74.5 pips) -- RR 1:1.9 T2: 0.89266 (126.5 pips) -- RR 1:3.2 Overall RR if both targets hit: 1:~2.55. Nice opportunity. :-) Good luck.
Euro/Swiss Franc do setup for a bullish Gartley in hourly charts. Looks for a nice opportunity with a great Risk-Reward-Ratio. It's a trend cont'd trade, so further targets possible. Entry: 1.15552 S/L: 1.15094 (46 pips) T1: 1.16159 (60 pips) -- RR: 1:1.31 T2: 1.16566 (101 pips) -- RR 1:2.19 If both targets are hit w/ a 50/50 split, the overall RR is 1,75 :-)