Polymath is prepairing on bullrunPolymath consolidates after strong sell-off and it´s prepairing for bullrun.
Buy POLY now or after breakout the red box which is strong resistance zone , set limit orders into the green box in the chart, place stoploss below 1060 sats . and set targets into the orange boxes.
Break
Are you prepaired for ONT bullrun?Just buy now, place stoploss below current low 1540 sats. and set take profits into orange boxes in the chart.
EUR/USD 1H RECTANGLE WAIT FOR LONG BREAKOUT EUR/USD 1H RECTANGLE WAIT FOR LONG BREAKOUT
SUPPORT TESTED 3 TIMES
CAD/CHF Nice short opportunityWEEKLY: Price on downtrend making LH & LL since aug 2017
Nice price rejection at 0.76 with double doji
DAILY: Price broke the trendline with nice double top
Rejected off support & fib 61.8
4HOUR: Downtrend
CONCLUSION: I will be looking to short this pair if we can
manage to break through first support and the second one
which is also the neckline. Previous low will be the target
COLM ShortCOLM credit spread will be setup tomorrow and it'll be 90/95 Credit call Spread. EXP June 21
Support broke and it fell below $100 it may continue to fill and go a little bit lower. SPY is going lower as time goes on as volatility continues
believe it or not... this is the next Bitcoin price targetMost probably we will visit 4k level before we sky-rocket to hit all time high as pointed in the chart.
GBP/AUD TrendLine&Resistance HOLDING !!!ANALYSIS ON GBP/AUD PAIR:
*-Price broke through the consolidation zone between 1.845 & 1.875
*-Price broke the trendline & retested it
*-Full body closure below 1.845 which has played as a strong level
*-Moving averages almost crossed
*-On 4H timeframe we have a bearish spinning top
Next destination on this pair is the 1.795 support level.
Trade carefully because this pair is really volatile!
USDEUR IS OVERBOUGHT A DROP IS COMINGUSDEUR has high probability to drop, reasons:
Overbought (Yellow) in 85m 2H time frames indicated by "9 Seasons Rainbow Multiple Time Frames Pattern PRO" Indicator;
RSI Divergence
Previous Resistance: 0.892
Previous ascending channel has been broken.
Target 1: 0.884 Fib 0.618
Target 2: 0.881 Fib 0.382
Target 3: 0.873 Fib 0.236
STOP: 0.893
Some factor that against this idea: 1H Crazybought (Lime) means Bull has just overcome some resistance and is still strong, this may keep them longer on the possible Top.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
ROST DowntrendRost is breaking its support levels and falling, if spy continues to fall.
ROST may move lower as retail is starting to weaken.
Target set on chart.
EURJPY Short - Channel BreakAlways have good stops in place so you don't blow your account. Never play with money you cant afford to lose or you are just gambling. Good target and stops in place. I don't win 100% of the time , but as as long as your R/R is good you have a good chance of beating the markets.
Major Descending Channel on H4/D1 for EURCAD - BUY ALERTThis descending channel meant you could have been buying at every bottom trend line touch with take profits once it hits the top.
Risky moves were selling from the top to the bottom
VERY close to major support structure area. BIG BUY coming up
DON'T miss this - an UNCOMFORTABLE lot size on this move will go a LONG way in proving that patterns are KING!
"IF YOU DON'T KNOW PATTERNS, THEN YOU DON'T KNOW HOW TO TRADE"
"LEARN YOUR PATTERNS - YOU MUST KNOW YOUR PATTERNS"
--WAVE TRADER
Why you should always wait for the break of trendHi Guys this is a quick lesson from today's live chart USDZAR. Most people are looking to short the Dollar today so in today's trading Room I looked at this particular chart and advised that you only open a trade once price has pushed lower and given a short trade set up. You'll see from the chart that it was tempting to open a short on a fib retracement and you'll also see the reason why it was a bad idea.
I'll update this lesson as price develops
Steve Nixon
Trainer & Mentor @logicfxtrading.com
AUD/CAD BOUNCE OR BREAKAUD/CAD currently sitting at resistance. Wait to see whether price bounces or breaks from this zone.
USDJPY Broke Out From the Consolidation PatternUSDJPY did break out yesterday within the symmetrical triangle pattern. Is it going to rally more or would it retrace back to support?
EURCAD on the rise, Break or Bounce?Hey guys, EURCAD has been on the rise today, and is approaching an important area on my chart. If the trendline is broken, there is lots of upside potential, with 1.530 being the next key resistance. However, we are still bearish on the daily timeframe, and we could see a push back down to 1.5000
DJI30; Short on M30chopy cluster break down
price pullback M30 into fresh supply
touch the zone
-> Sell
Possible break out? There has been really nice bounce and price is now testing the sideways resistance, if we break out and we manage to stay two 1D candless above the sideway line, then we could see rally to the first resistance (yellow line).
If we break more down, then we could see indices that Bitcoin is going to retest the 3.100 USD price.
The market is highly manipulated, especially at this low volume.
Stay sharp, its better to buy BTC with even more discount if possible, however I believe we could go temporary up to 4000-5000 USD if the break out will happen and the price bounce nicely.
