EURAUD has formed a momentum candle to the downside.
Put a sell stop order @1,55638. As soon as the order is filled and we reach 20% of our target, we put our SL to breakeven and trail the remaining position.
CADJPY has formed a 2x2 candle pattern at a resistance level. The level is
not that strong. I would suggest to take partial profits at a 1/1 risk/reward.
Place a sell stop order @88.045
when double bottoms finish they will be starting a cup and handle patter.
sell (+-)100)14669-^
entry at green circle. double bottoms into cup and handle reversal downwards
IOTA may be starting wave 3 on the hourly chart. Waiting for confirmation of it breaking through the .618 fib level at .000323 before opening a new long. Targets at the 1.618 level and 2.618 level with a stop loss at the .382 fib level.
This is not financial advice. I'm new to this. Trade at your own risk.
Daily looks like it's formed a cup and handle. Could go to resistance at .0265
This is not financial advice. I'm new to this. Trade at your own risk. Good luck.
LITECOIN: LTCUSD
Litecoin is in the process of making a flag, signalling that his
period of weakness is just continuation before LTC pushes
higher still. Two strikes on the lower parallel spells HOT.
Buy on dips now back to 92 and add when the upper parallel is
broken on upside for momentum burst into new high ground.
Stops under 92 and under the upper...
IOTA IOTUSD Positive whilst tracking dynamic support
Nice continuation pattern now completed on Iota ...buy off
the support line and look for retest of highs. Only turns
negative if the dynamic supporting the new rally gives
way...so stops under here
On the daily chart of Litecoin a Cup & Handle pattern could be in the making.
If the handle forms nicely the target of this pattern is 144.50 which would be a move of 50% +.
On the chart we see Bearish Divergence of price compared to RSI. This could indicate a pullback towards the upsloping trendline or support.
To trade this setup it is of crucial importance...
Hello traders! IOTA is definitely a winner. In the last 2 days, it had the biggest move of the crypto market. There are investors that are pushing the price up aggressively. The volume of IOTA on the last 24H is higher than ethereum and bitcoin cash together. This is hard to kill. We are looking only for buys on this crypto. If you are already in, keep your...
Market is testing the 1.33 resistance. Bulls apper to be the strongest. Candelsticks show us a Harami and a hammer that might be the confirmation for the long. The breakout above 1.33 is the entry signal.
D1- After double wave down, price is moving inside a pattern. We have got two false breaks and bullish divergence.
H4 - We may expect double wave to form with price reaching the bottom of the pattern and then we may expect a bullish reversal.
H1 - We may expect triple cycle down, which will also form a double cycle on the H4 chart. We have a perfect magnet zone...
Lisk has been forming a head and shoulders on the daily for a some time now. The right shoulder is still forming. Neckline is near the .000616 level. If it breaks it can free fall to the .000095 to .000080 level.
This not financial advice, I'm new to TA. Trade at your own risk.
