Hello traders! After that big wick red candle, based on dxy strong reverse move, we are expecting a down move on this pair. Don't just jump into the trade. Watch price action in lower timeframe before entering short.
TRADE WITH NO EMOTIONS!
As i learn and get better at plotting my charts. I'm seeing things i would normally be Oblivious to. I see this failure being the end of wave 5 and 6200 being the ATH until after this abc correction. I think BTC will touch 5000 or even 4900 then resume it's move to $10,000. Let me know what you guys think. As i improve your feedback will help me get better at...
UKOIL made shark harmonic pattern it's started on 26 September (the pattern took a month to complete)
it's not clear till now if it will decline or will continue rising and try making alternate shark.
Now we have entrance point, the targets and stop loss (marked by green and red lines as usual)
Thank you
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Do not read and leave like,...
Five days ago (10/20/17), I took a long position based on the daily chart:
As you can see, I went long due to the strong bullish engulfing pattern and in combination with strong technical analysis (strong short term uptrend and strong resistance line ahead, which I "expected" to be broken because of the strong bullish engulfing pattern).
I bought at 1.68696...
The weekly bullish trend line was broken and we are now in consolidation on the weekly chart indicating market neutral bias on the larger timeframe. We do have a bullish pattern near completion for a good long opportunity on a daily chart despite the overall market being bearish on the same time period. Profits are conservative due to the high risk of the market...
XAUUSD fell from the high at 16 October
We think it wants to create a pattern to make a bottom then rising, Let's talk about rising and it's target when the ABCD pattern complete
Now we should watch the price level 1274 ( red line ) in the beginning of the week, if XAU test it and reverse we will update and talk about targets
THANK...
As shown in chart BTC made a pennate pattern today, the pattern says that if the price breaks the upper side it will reach 6800$.
on other hands it didn't complete the pattern it will hit the downside one more time also the indicators MACD and RSI say this is more going down
So fear of the future for the holders and hope for new buyers ......
Thanks...
Hello traders! At this moment BITCOIN is in a powerful UP trend. The previous move down up to 3000 level was canceled by this impuls UP. We are expecting it to go and retest the 5000 level, if the price continue to move aggressively. Before you enter long, wait for a correction in lower time frames. Don't just jump into the trade. TRADE WITH NO EMOTIONS!
