Bullish Trend Line
Bullish Trendline in NANOUSD during March and April 2019During basic trading exercises I identified a bullish trendline in Nano vs Dollar, Crypto. It ocurred from March 25th to April 21th.
USDCHF Sell IdeaD1 - Currently it looks like the price is moving lower towards the dynamic support.
H4 - Price broke below the bearish flag pattern.
We may now look for pullbacks and sells with bearish evidences.
USDZAR - NeutralWith the National election that is over. ZAR could continue to strengthen against the US Dollar or weaken. It finds itself at a very important support area (14.14000) which is confirmed both with a bullish trendline and also confirmed by the 38.2% Fib levels. If this breaks ZAR could find support around 14.11000 which is the 50% Fib level. For now, we remain neutral. We will enter around late Monday afternoon and will update below. We looking at what price action and the candles will tell us. Should we go long we can expect a 400 pip move until 14.50 and beyond.
#ZILBTC #ZIL $ZIL#BTC $BTC AB=CD PATTERN PLEASE FOLLOW GREEN BARAB=CD PATTERN PLEASE FOLLOW GREEN BAR
DKS - Hammer pattern reaching supportMay 2nd: DKS reached SMA(100) support line forming a Hammer candlestick.
Technical information:
RSI(14) @39
CCI(10) @-100
Support: 32.46
Resistance: 39.4
Head & Shoulders pattern in GBPJPYIn the daily chart Pound/Yen is about to complete the triangle, so either it will continue it's bullish trend or break to the down side to complete the Head & Shoulders pattern then do the continuation to the upside
ETHUSD possible playsIn this ETHUSD chart based on the Bitmex perpetual swap we can see ETH has been moving in a clear channel for months now. After being rejected at R1, price has trended to test the channel support and forcing it to make a decision. IF ETH confirms a break below the channel support, I am looking to short to the lower blue rectangle (R2) acting as price resistance/support. If we bounce from the channel support I will be watching to see how it reacts with that overhead blue rectangle resistance (R1) and if we can break above it to find the top of the current channel.
Interestingly, the 55EMA and the 100EMA seem to be providing some sort of support for the moment, we will see how that turns out. The RSI and MACD seem to be indicating a short-term downward pressure, but without more confirmation a prudent investor would wait to confirm a break-out.
Cheers
#BTTBTC #BTT IS STILL GOING DOWNBTT IS STILL GOING DOWN I WILL FOLLOW UP WHERE WE WILL ENTER IN / BTT DUSUS DEVAM EDIYOR. TAKIBE DEVAM NEREDEN GIRECEGIZ GORELIM
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Best regards / Saygilar
#BNTBTC #BNT BREAKOUT IS NEAR FUTUREBREAKOUT IS NEAR FUTURE Just follow the idea / Break out zamani yakinda pek yakinda
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Buy GBPUSD (1H)in 1H chart :
Gartley pattern
support level at 1.3015
Bullish trend line
> Buy
Entry : 1.3015
-Stop : 1.2995 (20 pips)
-TP1- : 1.3045 (30 pips)
-TP2- : 1.3100 (85 pips)
#ZILBTC #ZIL $BTC UPDATE ON 30 MINPlease follow the triangle and big surprise is very soon :)
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Ucgen kirilimini takip edin kirip yukari cikarsa uzariz :))))
LÜtfen like butonuna basisn ve takibe alin. Ayrica sosyal mediadan da takibe aliniz.
BAT testing Bullish trendlineAs the market falls in value to bitcoin, we have reached the point where BAT can test it's bullish trendline. If BAT falls through which I believe is likely , it should find some support on the way down to 5045 satoshi value.
USDCHF Short - Probable Trend ReversalWe have seen the intention of the dollar has turned towards a weaker tone last week.
USDCHF went into the 3-month supply zone last week and the price fell strongly on Friday.
The last bearish daily candle has confirmed a break below of a rising trendline which signals for a trend reversal.
Today, the price has retraced consistently and there is a significant resistance seen at 1.0055.
The price fell at first and probably has attracted more sellers to join in but as usual, the price took a turn and shot past the 1.0055 level.
As these short-term sellers are trapped, most would have their stop losses slightly above 1.0055.
So let's just wait out a little longer for the price to climb higher in order to trigger most of the stop losses at the top before we go in to sell again.
USDJPY Short - Break-Below of Rising TrendlineSince USDJPY recovered from a sharp fall, it was on the rise within a rising channel as seen in D1 chart.
The price has made 2 waves of bullish trend in order to form a rising channel and the price is seen making retracement from the top of the channel.
In the H1 chart, the rising trendline which has supported the price to the top of the rising channel was broken below.
The price has then retraced once after the break-below and awaiting the 2nd wave of retracement that's expected to be completed within the supply zone.
Consider selling USDJPY as the price reaches between 110.7 - 111.00.
EURJPY last pushEURJPY couldn't break the bullish trendline it has created the past few days. I can see it going up forming a double top as we have a very strong S/R area right above
GBPCAD possible Long opportunity!Hello traders! In the last 2 and a half years the GBPCAD has created a really strong reverse level, that has been already tested 11 times so the chance of bounce of this line is about 75 %. Combined with the recent bullish trendline we should expect another bounce up. RSI is Oversold and MACD is forming a cross. I wish you the best of luck with your trading :) .
GBPAUD possible Long opportunity!Hello traders! In the last month and a half the GBPAUD has created a Bullish trendline. The price of the GBPAUD is getting close to this trendline again, and so we should expect a bounce up from this trendline, when the price gets there. The Long situation is even better because the RSI is Oversold and MACD is dropping down and it might be forming a cross. In this trade I would suggest placing your stop under the last lowest level of trend continuation and placing limit order below the resistance area, that I have shown on the chart. I wish you the best of luck with your trading :) .
USDCAD Sell IdeaH4 - Price has reached the first critical zone, bearish divergence.
If the price moves lower and breaks below the uptrend line, we may then start looking for sells with more bearish evidences.
Alternatively if the price breaks above the first critical zone then the next area to look for bearish evidences would be the second critical zone.
Currently the most recent trend line is the one I have marked. Alternatively if the price moves higher towards the second critical zone and If we develop a valid trend line on H4 while getting another push up, we can use it as well.
Litecoin Double ScenarioD1 - Bullish convergence, we have a good uptrend line.
We may look for short term sell opportunities and longer term possible buy opportunities.
H4 - Bearish divergence. We may currently look for short term sells with more bearish evidences.
Later on we will focus on possible buys. The zone marked in the box is critical to hold (the breakout zone and the uptrend line). If that zone is broken down, then this buy idea is invalidated.
EURUSD Ahead of NFP Since USD is weaken for a short period of time, in my opinion, the best moment for us to take advantage to long.
Hopefully this incoming news in favour in our trading.
TAYOR
