Are we heading up on USDJPYOk ok, here on the 4HR time frame we have a bullish pattern in which i opened my trade at 108.975. This was promoted by a retest of my price zone reversal on the daily time frame pattern, guessing which?? a good guess would be a harmonic if you see it.
Lets see what happens dudes?
#BearringtonTrader #Long #USDJPY
4hrchart
up, down then rocketAlmost every triangle an the various intervals from 15 min to 1 day, have seen a rise breakout followed by a dump.
The main triangle started before Christmas is closing along with a smaller recent triangle. This double squeeze will give extra momentum to a breakout.
I expect the pattern to be repeated with BTC rising and temporarily sneaking through the 13000 resistance before dropping down.
The timing will be seen in the 4hr RSI overbuying before the end of the month, dropping down to oversold and pulling the daily RSI into oversold with it.
The daily RSI last hit oversold in September and that bounce worked out pretty good (if you had BTC).
This Daily RSI event will trigger bots to buy so we'll see a volume increase and sharp rise.
To summarise:
In the immediate future a risky small long hold
Followed by a good short sell
Followed by panic selling
Followed by large volume buying and a decent long position, with potential momentum mixed with FOMO to break 14,000.
Caveat : I am not a professional trader or adviser. Do your own research before making any trade. Never trade more than you can afford to loose.
FALLING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price
to the level 1.2295 or 1.2330.
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
PARALLEL CHANNEL ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price 78.40
to the level of or 80.40.
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
CUP & HANDLE ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price
to the level of 1.1940 or 1.1995.
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
DIVERGENCE & (CUP & HANDLE) ( A T )Dear Traders & Followers,
There is a possibility to go first SHORT upto 0.7665 then go LONG from price 0.7665
to the level of 0.7800.
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
TRXBTC NEXT TO MOVE!TRX is another one of my long time hold Alts going for 0.03 cents right now.
- Great Whitepaper head over to there site to check it out
- obviously they already had a quite massive pump,but i evlieve they have tons of potentional for more upside.
- The only thing i dont like about it as of now is how heavily they are leaning on Alibaba pretty much for a Co-sign since being a student of Jack Ma. Seems like its putting weird pressure on Jack personally so i dont expect a co-sign anytime soon.
Blockchain companies are the future I honestly belive this. Becoming your own back and remove the filthy hands touching your money in between will end.
FALLING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price or 88.10
to the level of or 1.1860.
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
PARALLEL CHANNEL ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price
to the level of 134.50,136.20.
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
FALLING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go SHORT from current price or 88.10
to the level of or 87.30,86.50.
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
PARALLEL CHANNEL ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price
to the level of 1.3000 or 1.3140.
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
RISING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price to the level of 0.9950 or 0.9975 then SHORT
to the level of 0.9740.
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
EXPANDED TRIANGLE (A T )Dear Traders & Followers,
There is a possibility to go SHORT from current price .07050
to the level of 0.6920.
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
BACK HOME for the HOLIDAYSBCHUSD 4H FALLING
Price is falling back to the home base by the ma's because...
Price was stretched far away from ma's.
MACD was stretched far away from 0 level line.
MACD has crossed below Red signal line indicating possible new direction.
Close trade if MACD crosses above Red signal line.
Let us know what your ideas are on this pair in the comments.
PARALLEL CHANNEL ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price
to the level of or 93.20,93.60,94.20.
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
BEARISH FLAG ( A T )Dear Traders & Followers,
There is a possibility to go SHORT from current price
to the level of or 0.7560,0.7530 .
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