EUR/JPYLow volatility on EUR/JPY hourly chart, wait for a directional movement. Good opportunity even for short term trading.
Brakeout
Elastic XEL breakout imminent Ascending triangle indicates continuation of XEL uptrend, watch for breakout next few days. If it breaks out above 16k until end of this week it will confirm monster C&H that is in the making.
Lisk possible breakout when the price will hit 0.15762 (when it submit
increasing triangle) it may create several strong trends candles
XRP Is Back - 0.2 Pending Orders TriggeredHello everyone,
if you followed my last XRP chart from August 8 you are involved in the last 40 % gain so far. Alternatively you loaded yourself up
during testing the main support around 0,15 USD. It was a little bit risky move due to bullish confirmation zone being at 0,20 but
it made us a decent profit already as we bought in 3 - 4 days ago.
What can we expect now ?
We need a consilidation around current level. We can see that our previous chart is still good enough as Ripple is retracing Fibonacci levels
exactly as we anticipated. A sideway movement will be a bullish sign right now. Once the market will gain confidence and bears will accommodate to the changed market conditions we could see another move up. One more test ride to the 0.25 level could be expected
before brake through the heavy supply level. Once it used to be a solid support zone so a pullback from this zone would't be a surprise.
We can see good things ahead. XRP after a few long weeks finally finished its burst bubble bear crawl and the current move was very strong and decisive. Congratulations to everyone who holded the whole time and also to the ones who managed to buy in as stated above.
Your feedback is greatly appreciated. Thanks for watching and see you next time.
Good luck and Peace!)
Intraday long- NZDJPYPrice has broken hourly bullish trend and tested it. We can expect some bullish movement till the top of 4H bearish trend. Then we have two ways.
Brakeout, Triangles, DescendingI don't think that some comment is necessary. Market is very unstable. FOMC was desapoint traders.
Macd pointed out a bounceMacd pointed out a pull back before taking of So now its actually a breakout. [
Pretty simple-bullishTrade the brake out because higher lows are already taken unless it bounces, then you can re buy very strong on the MACD. Msg me your opinions i don't get mad i enjoy different points of view.
GBP/USD LITTLE SHS FORMATIONON chart we can see forming littl SHS formation, alsow we can see at we are on resistance from chanel wich form from about three days ago. If price brekout and only if we get pullback and price hold that level we can click Buy button, if we get another scenery i will be out from this market. But if it work we can see Gbp/usd on + today
Bi-directional Trade Ideaswatch for a breakeout in either direction and trade accordingly.
in case of a breakeout expect the price to reach the indicated targets.
use a stop loss of around 1.5% for optimal Risk/Reward Ratio
