D1
Usdjpy D1 Forecast.hi guys i am only looking for more bullish price action when this pair respect all drawn tools and break and retest and break the retest resistance with trendline :) Happy Trading
AUDCAD Daily Sell SetupWe see a downtrend formed by lower highs and lower lows. potential tp at a new lower low. Confirmation for me is the touch of the black trendline + a strong resistance (multiple times reversed).
Leave your comments below!
Selling $GIS Reasons:
- MA200 touched
- Bearish candle confirmation
- Overbought
- Overall bearish trend
High R:R up to 1:5 for second target
Risk 0.5% of capital per trade
Going longon VerizonOpening 2 buy orders on Verizon, the first with a 1:1 R:R, the second up to 1:4.5
Risking 0.5% of capital each
SL under minimum of 52.40
Reasons:
- Doji formation
- GAP to close
- Touching MA200 on daily chart
Going short on NUCOROpening 2 sell orders on Nucors, risking 0.5% of capital each, the first with 1:1 R:R, the second 1:2 with optional trail stop if everything goes well
Reasons:
- Doji formation
- GAP to close
- Overbought
- Near SMA200, put SL over SMA200
FLO bearish daily dojiBear trend, daily doji, crossing slow stochastic, bollinger bands overbought, high R:R up to 1:2.5
Risk 1% of capital for a 2.5% return, good luck
Going short on CitrixDaily doji and slow stochastic cross.
Opening 2 orders with 1% risk each.
First order with 1:2 Risk:Reward ratio; the second till the main support for a massive 1:7 R:R
Good luck
Short on AUDCADAfter a pullback over 3 years, now the AUDCAD is on an important resistance line, and those pin-bars over the D1 T/F is a good sign of reversal. there's no fundamentals ahead. so guys!
ETH - D1 Target hitYoyoyo, 123$ D1 target hit, this looks interesting.
Highest volume of the entire year, capitulation ? (even higher then dec. bullrun)
We hunted some stoploss/$$liquid.$$ below 123$ and had a major rejection to bring us back above 123$.
1 Hammer formed on nov 23, an inverse one is forming today ? (need confirmation at D1 close)
Fib Retracement looks good around 0.5 - 0.618 but we need volume first.
The longer we stay at 123$, the worst it will get.
R/R is definitely interesting, hmm...
EURNZD - Long OpportunityPrice finally reached a support area after several days of strong bearish dominance. We can expect a correction on the next days!
AUDCAD - Short OpportunityPrice reached a strong resistance area, and after several days of strong bullish pushes, it finally gave us a first sign of exauthion with a bearish pinbar.. I think we will soon have a correction of this strong bullish movment.
ETH - D1 UpdateHello guys, small update after the break down. I was expecting a bigger move then that and higher volume.
As long as 192-195 holds, I'm still leaning towards that fake breakout to get $$liquid.$$ before pushing higher.
Oh and I'm not sure, but can this be considered as a weird triple bottom ? The second peak is weak and weird, I don't know, We'll see.
If it decide to dump lower expect 184 & 166 as next key point.
ETH - D1 ScenarioHello guys, so here's what I'm seeing for BITFINEX:ETHUSD .
There's 2 possible outcome, either we go up or we go down ! (no shit Sherlock lol)
I can't decide between a continuous bearish pennant like earlier in August or a symmetrical triangle which can mark an important trend reversal, which is the moment EVERYONE is waiting for. Volume is decreasing, this is a confirmation for both pattern, so right now I'm undecided. There going to be a huge spike in volume soon bringing market either up or down.
Here's where I see the market go if it goes either way :
I calculated the highest point of the symmetrical triangle/bearish pennant to the lower trend which gave me an 81$~ price range. Which would be the range of the move (up or down).
Usually with a symmetrical triangle you can safely draw a parrallel channel with the 2 lows and the single high which exactly confirms the next higher high at 291$ ~ and will close above that monthly level from 2017.
If this is a bearish pennant and the continuation to the ''yearly low'' I expect us to dump to 123$ ~ and make that yearly low with a lot of blood in the streets.
What intrigue me the most right now is that the trading range contracted so much in the last week and a half ~. Contracted even more then last pennant, making me consider about the calm before the storm (consolidation zone).
Another thing that I'm wondering is, will we get a last shake out before the move up. Lately everytime I called a symmetrical triangle pattern there's been a fake breakout to the bottom to shake people out then the move up happenned. Let's see if it happen on higher time frame chart.
BTC - IS THIS BOTTOM ?!Alright so, the question that everyone have been wondering, is this the bottom ?! Well I wish I knew, but it does look good to me, let's take a look.
On D1 chart as you can see, we can't break the 6k-6.1k support range and we keep making higher lows following the trend. Talking about trend, we are close to breaking 2 old upper trend, the grey one is from the 11k high from march 5th and the white one from july 24th 8.4k high.
Another thing that I see is the same pattern formation on a lot of coin at the moment. An ascending triangle. You can see volume dropping which is a confirmation. If we do break both upper trend get mentally ready.
Now for the H1 chart, we just tested SFP again and made a new high at 6300. Was that a Stop Loss hunt ? Hmm, interesting. The move looks bullish to me, you can see that .236 old as support atm and .382 fib as resistance. A retracement between .618 and .786 looks like a decent place to go from now on.
Let's take a look at M15, this look really bullish, we just broke last SFP high at 6205, make a new one at 6300 still making green candle, I expect a retest of SFP high soon, let's wait.
ETH - What's Poppin'Hello guys, vOid here, took me a little bit to update as I was waiting to see if we were going to move sideways a bit or keep dumping into oblivion.
Good thing, my oct. 2 chart was right on point, except it took 3-4 days longer before the dump to 185$ occur. So what is poppin' since then. Well as you can see, we hit that D1 Bottom Range and bounce off of it in a bullish way, which is good sign for now. We made a higher low, which form a sexy trend with sept. 12 lower low.
Right now price is moving sideways and squeezing under 0.236 fib. If we are retracing, I expect price moving towards .5 - .618 fib in short term but not breaking blue box, just moving sideways below it before breaking it.
If we look on M15, we can see an ascending triangle forming, making higher low but getting rejected on SFP everytime. Volume is diminishing which is a good confirmation of the pattern. 194 ~ looks like a good support at the moment too. As soon as we break that M15 SFP, we go right up to 208 resistance.
If we look on D1(FINEX more data), with the newly formed higher low, we can safely form a channel connecting the 2 lows and the single high. Add a fib retracement and you can clearly see 0,786 as a good spot to retrace to and to form a higher high without leaving channel line. But first, we need to smash that SFP Line as hard as A. Silva legs.
EURJPY - Stoch and RSI Divergence D1Stock (5,3,3) and RSI (14) divergence at D1. Also I think it's match with my interpretation of Supply and Demand area.
Disclaimer:
I use paper trading.
