SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
On this pair we have a large triangle patter, at the moment GBPJPY trying to break above boosted by better GDP data exp. 0.1/ act.0.2. If bulls will have enough steam to break upcoming levels are pointed by dotted lines and a final target blue line.
Symmetric triangle at apex. Second time with in YTD.
Upon downside breaking can target to 1030 and upside 1220. Stop loss place just outside triangle.
Straddle may prove to be cost effective.
A well-defined Head & Shoulders formation has been created since January of 2017 (this is a two-year-bearish formation). Long story short, the price is expected to be testing the formation's neckline (around the $50.00). An ideal initiation of the short-idea would be a confirmed (bearish-reversal) candlestick on the weekly chart. The candlestick should be...
TRX has seen some massive gains on the news of the new bittorrent blockchain.
I do think we could see some further upside along with BTC climbing a bit but i do not think it will be to much of a surge and i will be adding to my short position then.
RSI Divergence is just too strong to ignore.
My gameplan is:
Open short: 650 sats
Targets set according to Fib...
BTC/USD made a clear triangle patter. At the moment price is very close to the top triangle (large grey line) also we have a smaller triangle patter next to this resistance (smaller grey line). Break through it can indicate bigger correction to the upside. Be awere there is still plenty of strong resistance zones above (dotted lines) .
We have a strong momentum to the upside and daily candle close near 1.1500, I think if the price will manage to stay above 1.14 we can see another retest of the top and posible break out to the uspide. So far from the technical side I see a short term bullish reversal.
Symbol: AUDCAD
Prediction : Short
Daily : The trend change, with an Head and Shoulders at the top, now we test the resistance.
4H: The price pullback to 61.8%, the price reject this level, and give a bearish pattern.
1H: I think it's the time for the price to go down now, the price is on this channel, when it will break it will have space to fall .
On the 1 day chart you can see in the past when this candle structure was form (Square Boxes) Bitcoin went up!
So if this is an indicator of current candle structure (Square Box) Bitcoin has a high probability of breaking out up!
The symmetrical triangle chart pattern is a continuation pattern. The inclination is to continue in the Up Trend that price is already exhibiting.
More opportunities will be afforded in the direction of the trend
A potential short opportunity on AudChf. Price has been sold off on the Daily time frame and hitting the next key support zone. What I will be looking for is some deceleration and slow down on the Daily chart along with the 4 hour. I would like to see a double bottom pattern form on the 4 hour chart for conformation of a reversal, along with a break and re-test of...
Hey everyone ! Im wishing everyone great holidays with their family and loved ones. Trading is done for me this year. Enjoy your free time with family and friends. Lets start fresh in 2019 with even bigger goals. See you guys there !
P.S. this will be the pair i will be looking at in 2019
After price reaching a major support level, completing a XABCD pattern and reaching the 140.006 price, it is expected to bounce of that level. a reversal may see price all the way up. first take profit may be at 143.340 price level, the second take profit may be at 145.679 price level and the third take profit may be at the 147.212 price level. this setup can be...
