A close-up to support the idea I just posted, of what might be a last 5-waves down. If the fib channel plays out, we'll see a move up to the 50% line around 1760, and then a move down. Support to break is around 1350 (big significant previous low), and if we pass the that point people will dump their BTS and we dip down to 900 sats levels. Or not! As always,...
Hey guys, just a quick update and short-term-perspective of BTC! It`s getting exciting! Cheers and good trades Irasor Wanna see more`Don`t forget to follow me for daily ideas and posts!
XLMUSD Lumen A small reverse head and shoulders with about 15% of upside to a minimum target at 508 once 445 is re-taken and held with stops below the neck-line when broken. It should then rally to the upper parallel where can look to take profits once this triggers. Until then this is still vulnerable to further sell offs - but slowly resistance looks to be...
OPEN AND CLOSE SIGNALS SHOWN ABOVE 50 EMA LONG BELOW 50 EMA SHORT If you have any question PM me and I will be happy to help.
EG looks to have made a small flag, could be small trade, could be much bigger, those are my targets.
Step 1 Wait for the price to touch the Lower Bollinger Band The first element we want to see for our simple trading strategy is that we need to see price moving into oversold territory. Any swing trading strategy that works should have this element incorporated. Note The preferred time frame for this simple swing trading strategy is the 4h time frame, but the...
The only indicators you need are the following: On Balance Volume or the OBV – The OBV indicator is based on the idea that both the volume and the price activity are equally important. In this regard, the OBV combines both price and volume to show you the total amount of money going in and out of the Litecoin. The main idea behind the On Balance Volume indicator...
Auch wenn die Kurslücke auf diesem Bild nicht zu sehen ist, hatten wir dennoch ein GAP, welches jetzt geschlossen wurde. Unmittelbar danach setzt der BTC zu einer Trendfolge long an. Für mich aktuell definitiv erstmal long mit Ziel bei 11389.88. Dort haben wir einen stärkeren Widerstand, an welchem der Markt auch nochmal abprallen könnte
EJ is at 200 MA on monthly. Approaching intersecting trend lines, breaking diagonal. and the 130.00 price level. I may try to catch a wick up trendlines intersect at 130.17
NETFLIX NFLX Testing the target range at 248-245 so closing this short out for 13 points or so profit. Only looking for next short here is the gap starts to give way and it breaks below 243 looking for a move back down to 227 at least and if this level fails to hold up back to 203 where will look to reverse long again if struck.
"Wall Street quiet on last trading day of a strong year" www.reuters.com
LITECOIN LTCUSD The breakout above the upper parallel of the flag formation was very disappointing. The failure has forced LTC back down the same parallel and rinsed out stale bulls along the way. It's now back to the start point and if it's going to rally now, it should be from here. Look to enter long again between 288 and 284 with stop below 282 for small...
DXY Dollar Index Close to collapse once more The last rally was 77 pips. this one at 93.27 high is the same. DXY will either fail here, the most likely spot, or at 93.49, just 22 pips higher. It should fall away by 2.4% to 91.05. Good for EUR gold, silver, copper longs and baby Alts who need a break and maybe oil too for the next few days. Asusual about 3 wise...
BRENT CRUDE: UKOIL Trading Strategy Ahead of Opec Sweet Sweet Crude Have closed out the long position finally as Brent touched the upper parallel. It's the fourth strike and should come back from here. Closed at 64.33 for 1833 pips profit on a trade that carried 30 pips of risk from the outset, taking under 6 weeks to achieve. Best win of year (apart from...
Looking for a short after price formed multiple trendwaves to the upside ( at least 5 in this case) now we are almost at the daily falling trendline as we see....all we need now is a shift in momenum ..i wanna see a abreak lower ... at least 2 possible entry areas for the patient trader here ...waiting for price to break n close the 2 support areas ( black lines)...
WTI: USOIL It's not quite reached the target yet by about 11 pips but if it touches that perfect level it will likely only be a spike, so am closing out here and thinking about a counter rally long for 100 pips - still overall bearish though so still looking to short again, but hopefully from higher up - or on a break below first target as per comment.
Dollar Index: DXY Dollar is making a double bottom at 96.80. Close down all dollar shorts and only go short again on a break below 96.75 for next part of fall back to 95.10.
GOLD Spot: XAUUSD Testing important resistance here - suggest closing out longs as per comment, getting ready to either buy from lower at 1251 or as it breaks above 1262. Be careful of that overhead resistance line though.