Does it even matter which coin you choose?This is a 15-min side-by-side comparison of the 4 coins in GDAX market. Notice how they all move in tandem. Makes me think that it literally doesn't matter which coin you invest in. They all have the same percentage gains/declines.
- The entirety of the "value" of each coin has been lost on the market.
- It doesn't matter what is "special" about each coin. Speed of transactions, transaction fees, etc. It all goes out the window.
- Crypto has become simply a numbers game, and it doesn't matter which horse you bet on.
15min
USD/JPY Reverse Divergence ShortThis idea is solely based on technicals. no fundamentals is considered on this analysis but I would recommend looking into fundamentals before taking a trade. As you can see we have a reverse divergence on the 15 mins chart. If you look at price on the chart it has made two peak lower lows but the indicator is showing different. With that being said you can see price is in a massive range so i would put take profit at the bottom of the page and sell on a reversal price action candle stick formation.
BEARISH FLAG ( AT )Dear Traders & Followers,
There is a possibility to go short from the price of 1.2040
to the level of 1.1975.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Possible scalping entry for EUR/USD (long)There is a possible market entry for scalping in EUR/USD.
Since the price make a nearly perfect of cypher patter in combine with fib retracement.
Go long for now and place a TP in the price of where the 0.786 fib retracement is + mayor resistance (black line) + the end of D line of chyper pattern.
Good luck! ;)
Long USD/CAD on 15 min - double bottomLooks like we have a double bottom on the 15m chart. And a bullish engulfing candle on retest of the low (second part of double bottom on the 1 hour ). Looking to go long up to resistance line 2. Once we get to resistance line 1 I will roll my stop loss to break even.
Take Profit: 42 Pips
Stop Loss: 22 Pips