GJ possible moveWill be intresting to see what price does at these levels... keep a close lookut on 147.500
Dragon
#BTC - Dragon PatternAnother dragon pattern idea similar to the one we saw play out back in July prior to the inverse head and shoulders.
A GBPJPY Retracement Trade IdeaIf price reaches there, I will wait what kind of reaction will happen. If Bullish Engulfing Candle occur, I will LONG and target the daily/weekly pivot (it would be within the daily range projection high).
The Dragon - pattern BTC
Perhaps it will not be a leg, but the dragon will be a "male". Then still wait for the leg.
The entrance to the long one is only by the formation of the second leg.
Now while we wait.
Levels in the picture, variations- arrows
Hidden Dragon Candlestick Pattern leans towards the BullsBITFINEX:BTCUSD looks to be reversing the recent bearish downtrend.
If the bulls can break these previous resistances and establish some support. Perhaps with some "Less FUD".
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GBPJPY intradayHello, traders!
We see Rising Wedge for GBPJPY.
And, potencial Bullish Shark Pattern.
Target on the chart.
Stop on the chart.
Let`s see.
High risk trade! Thank you for your attention.
XLM STR Parabolic Launch TargetMy opinion/guess:
Stella-r 'could' Go "Bitcoi-n PARABOLIC" when Disney 'could' announce that Dragonchain $DRGN 'could' move their blockchain from the Eth-ereum Network to The Stella-r Network ;)
USDCNH. Possible wave count. WXYXZ. One more drop on the cards.It could take more time for this pair to finish a WXYXZ correction.
The last wave X could shape a triangular ABCDE formation.
Break below D point would signal a move down.
potential Dragon pattern XRP/BTCPotential Dragon Pattern. Hump hit 0.382 FIB (HH-LL). My main entry signal will be a bar that closes above the yellow close-to-close trendline.
www.tradechartpatterns.com
GBJPY : Long Setup towards 150.00WXY formation is almost finished near 50% retracement. 138 and 140 are key levels for successive breakout.
Dragon XD Setup and outlook for GBPAUDGBPAUD looks to consolidate in between 1.662xx and 1.670xx until the start of the European session
Dragon setup will give me a indication of market direction but I wont be using it as an entry until further confirmation. If GBP breaks the major trend line I will be looking to go long after further analysis but if it breaks the hourly resistance line I will be looking to short this pair.
I expect the bears are looking to complete another Brexit wave as the Pound continues its downtrend into a tighter zone.
GBP is pushing further into overbought conditions and is now at resistance of a Brexit dynamic trend line dating back 2016.
High market volatility for this pair is expected as BOE news release (4AM EST) will push market markets to either reverse or breakout on this pair.
AUD movements will be under the influence by Asian Data releases in the past 24/7 and Employment and Unemployment data releases.
UK's inflation rates and CPI data has push the pound to surpass expectations against this bearish bias of the economical docket.
Quite a bit of uncertainty for this pair this week but I will be target opportunities on both side of the fence. I will update this idea with a setup
Dragon In Flight and PF Analysis
The Dragon is officially in flight. I will be adding to positions at the retest of the PF (lower Green line). Potential profit target at 1260, retest of previous high and all time high retest at 1350. Good trading, stick to your discipline and bag those profits!
Long Term Trade on GBPJPYOn the daily chart we can see that GBPJPY is in an ascending channel, simply watch for a buy at the bottom. This is a longer term trade everyone so hold it until the top.
Shorts on GBPJPYHere we have a short setup here on GBPJPY. We have a few indications: 5 wave structure, 1.27 fib and a trendline that should hold. Watch as price reaches the 143.100 level for a clear reversal before placing short orders. Thanks fellas and safe trading
