30min
BTC/USD - 30m Price AnalysisPeriod of consolidation highlighted by the orange box with of range of $3700 - $3500 will most likely break as we transition into next week. I expect either break to the upside or downside will result in a sharp move of at least $400, factoring in the previous 12.5% dump on the 9th of Jan and 4h RSI recently turning oversold. I am inclined to be bearish here, however, this would be the perfect time for a short time bear trap that would result in prices spiking to the upside and re-testing the overhead resistance around $4000, which also so happens to be the current visible range POC level. If the current period of consolidation breaks to the downside and our stop level at $3500 is triggered I will enter into a small short hedge, with intentions to re-buy my long positions below $3150.
EMA Strategy: GBPJPY30-mins chart
EMA Strategy: GBPJPY
Long
Trade Entered @ 9:30 PM Wednesday 26/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as support-
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern -
5. Long Lower Shadow, Short Upper Body
Risk
- Coming off of a previous uptrend
- Price could form a possible double top @ 140.870 and reverse before reaching TP
EMA Strategy: GBPJPY30-mins chart
EMA Strategy: GBPJPY
Long
Trade Entered @ 10:00 AM Wednesday 26/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance-
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Upper Shadow, Short Lower Body -
Risk
- Pair might not break out of consolidation
30 Minute Stochastic RSI entry point on EOSGoing long every time the Stoch RSI blue line hits zero (realistically anything below 5) then choosing your own % of profit to exit, has proven to be very profitable over the past 24 hours. Why not test this indicator for yourself?
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This is for educational purposes only and not a recommendation to buy or sell.
GJ (GBP/JPY) Technicals +62 pips in 30 mins EC release
GJ (GBP/JPY) Technical momo setup +62 pips in 30 mins in my momo setup made +62 pips in 30 mins intra-day trading after release of economic calendar even it's release GBP is negative/bearish and JPY is positive and bullish.
Oversold os levels in vwap and momo stochastic crossover and reversal of momo squeeze, bounce back below vwap levels. High volume and volatility release scalp can made over +90 pips entering at fractals and EMA scalp signal.
What is happening right now.. make sense of the marketThe only real way to understand the current status of the market is that we are trading around the Fibonacci line up.. the fight is stealth but strong between bulls and bears around this line.. at this moment we are above it.
i could be wrong,, everyone draw on chart from some different points..
this retracement was drawn on the 4 Hours chart and you see the 30 minutes candles..