Dash sees bullish surge after inv h&s/4 hour golden cross comboDash has had an incredibly bullish last 2 days after triggering a 4 hr chart inverted head and shoulders pattern and following it up soon after with a golden cross on the 4hour chart as well. Now may not be the best time to go long on Dash however as it is just now seeing a slight bit of red and seeing as how it has reached well above the inverted head and shoulder breakout target, a small retracement may be due before more upside...It's best if you aren't already in a dash position here to wait and see what its next move might be....the 4hr stoch rsi is definitely at its ceiling here but on a bull run that doesn't always matter. I will be watching to se whether or not it tries to complete a cup and then retrace to create a handle and also be keeping a close eye on the 1 day chart(not shown here) to see whether or not dash can get the coveted dashbtc 1 day golden cross...the 1 day golden cross has coincided with several other alts' bull runs the past few months so this will likely also be the case for Dash as well. A definite coin to watch...only reason this idea is neutral is because it is currently due for a small retrace. Jumping in on DASH slightly after the retrace seems like a good point to get in for anyone who isn't already in.. but its also possible that it may not retrace until it is finished forming the cup on the 1 day chart. If so patience and timing is key FOMOing in erratically is never a good idea. Just my opinion though so don't mistake this as financial advice :P It is -NOT-. Thanks for reading.
4hr
Long CHF/JPY!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4-8 Hours
Actions on -
A – Activating Event
Currency Pair pushing through resistance line and heading to next resistance line.
B – Beliefs
Market move towards the first Target 1 level @ 110.00
FX:CHFJPY
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 110.00
Target 2 @
Risk/Reward @ 1.1
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Possible USD/CHF Long position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 Days
Actions on -
A – Activating Event
Currency Pair breaking through resistance line and heading to next strong resistance line
B – Beliefs
Market move towards the first Target 1 level @ 1.01
OANDA:USDCHF
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.01
Target 2 @
Risk/Reward @ 3.1
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Possible USD/CHF Short Position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4-8 hours
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current level at @ 0.9955 level and move towards the first Target 1 level @ 0.9926
FX:USDCHF
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 0.9926
Target 2 @ 0.
Risk/Reward @ 1.6
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Possible AUD/CHF Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 0.716 - 0.719 levels and move towards the first Target 1 level @ 0.710
FX:AUDCHF
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 0.71
Target 2 @
Risk/Reward @ 2.1
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Long AUD/CHFSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4 Hours
Actions on -
A – Activating Event
Currency Pair pushing off higher support line and breaking resistance line.
B – Beliefs
Market move towards the first Target 1 level @ 0.716
FX:AUDCHF
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 0.716
Target 2 @
Risk/Reward @ 1.1
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GBPJPY1. Time Frame (Daily, 4 Hour, 2 Hour, 1 Hour, 45 Min for Conformation and entry on 30 Minute)
2. It will go Long.
3. On Daily and 4 Hour its on uptrend and close to previous Trend Resistance.
4. On 45 min it was on down trend and breakout noticed and retouched now 80% chance that it will go long till 145.400
Take Low Risk
Best Of Luck
Long EUR/CAD!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4 Hours
Actions on -
A – Activating Event
Currency Pair pushing off higher support line and breaking resistance line.
B – Beliefs
Market move towards the first Target 1 level @ 1.52
FX:EURCAD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.52
Target 2 @
Risk/Reward @ 1.1
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gbpaud bearish set upOn the gbp/aud setup, I see bearish momentum regarding the resistance zone being touched.
This is in confluence with resistance trendline + resistance zone + bearish flag. On top of that, 1hr timeframe shows the cross over of MA's so wait for price to break through red MA before entering.
eur/gbp bullsih set up.on the eur/gbp there seems to be a basic support and resistance channel going on. Delving in to the 4hr timeframe, I see a rising wedge pattern WHICH could also be a double bottom as well.
Either price will break out of the rising wedge and retest support OR it could break above the rising wedge and go up. Either choice is up to preference of trading style.
1hr timeframe shows MA's about to crossover so I hope that is a good indication that price will move up as well.
Possible GBP/USD Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-4 days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 1.324 - 1.3325 levels and move towards the first Target 1 level @ 1.2990
FX:GBPUSD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.2990
Target 2 @
Risk/Reward @ 4.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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Possible NZD/USD Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 0.6848 - 0.6893 levels and move towards the first Target 1 level @ 0.671
FX:NZDUSD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 0.671
Target 2 @
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible GBP/CAD Short positionSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-4 days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 1.744 - 1.76 levels and move towards the first Target 1 level @ 1.72
FX:GBPCAD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.72
Target 2 @
Risk/Reward @ 2.1
Happy trading :)
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The Question: Will S&P 500 4HR 34 SMA reject @ 500 Double HullI think we are in a bear market until March 2020
You can see from history the 34 has bounced off the Double Hull 500. We are approaching... will see if this ties out to my short term momentum model that i am testing ( maybe a Feb 5th peak for short term markets? ).
brschultz : markettimer777
eur/jpy bearish set upOn the daily chart, the euro seems to have hit a new formed resistance which has been tested twice already. I'm expecting price to form a lower high than a lower low to confirm the bearish trend.
Would suggest selling at the break of the pattern if you want to wait for confirmation or you can sell below the resistance line if you're an aggressive trader.
Long USD/JPY!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4 Hours
Actions on -
A – Activating Event
Currency Pair pushing off higher support line and breaking resistance line.
B – Beliefs
Market move towards the first Target 1 level @ 110.350
FX:USDJPY
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 110.350
Target 2 @
Risk/Reward @ 1.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
AUD/USD falling wedgesfalling wedge pattern has occurred from the 1d and lower. Looking to go long since the price bounced off the support line very nicely.
lotsizes and RR's are listed on the analysis as well and pictures of the further analysis on the 15 min chart will be listed as well. Make sure to check that out as well.
trade safely as well guys.