1h
BTC 1H LongsFollowing my previous 4H chart posted:
Taking a buy based on the 4H closing at the 78.6 fib and at the low of the wick to the left creating a head and shoulders formation after a double bottom at support.
We are very bearish atm for this pair but with the alignment of fib levels on the 4H chart posted seem too good to not try and trade.
I feel $16,500 has been respected as support and should see $18k again before we fill lose gaps around $10k.
XRP Breakout imminent?XRP has been consolidating between these 2 levels. These are from the daily charts, Black line from Fib from April 2018 fib and color from Sep 2018. XRP has shown to respect these levels as support and resistance on the hourly.
I believe either after breaking the green traingle it will test the fib resistance again and possibly breakout or retest support below.
The minute charts give a nice scalping opportunity. Alts are still volatile imo
Happy trading !
A flag pattern in M&M, entry on swing lowMahindra & Mahindra seems very bullish. Created a flag pattern on the 1H chart. Broke out from the flag and has slightly retested the support. Entered on the swing low where it touched the 20 EMA.
Strict exit on SL as there's no guarantee of an up move if the price reaches the SL area.
EUR/AUD - 18/11 @ 11:30 - 1HPrice reached 61.8 & 78.6 retracement zone and took an entry expecting the chart to play out with the fib extensions aligning with resistance and previous daily highs.
These highs need to be wiped out before we move lower where a double top structure or similar would confirm this, that would be next week potentially unless we stick with the bullishness.
Already in profit, stops to B/E around 1.63200
Bitcoin 1H AnalyzeBTC in 1H timeframe created an exagrated divergance and broke the 13000 S/R
we have 2 scenario here :
scenario 1 :
if BTC breaks 13800 resistace we can have 14000 and 14400 targets .
scenario 2 :
if BTC can't brikes the resistance and fall down we can have 13000 and 12800 supports.