Get started

Exponential Moving Average (EMA)

GBPAUD double bottom and very harmonic three soldiers formationHuge doji candle formed in October stopped losses, then in next 5 moths pair created interesting formations close to 1.6000 three soldiers followed by double bottom. I put TP very high based on my personal calculation in relations to the three soldiers formations. GBPUSD rebound from all times low at 1.2000 which in my opinion will put pound in bullish mode for some time. It is long term position but I think it could trigger TP or SL in relative short time. If the pair will follow my idea I would suspect some side movements close to the 200 ema.
Long
by Krystiannwk
Neoscoin opportunity with very low risk and big possible profitBig bullish candle(some call it caffeine candle) from 15 of February established move which could reach highs from September. Pair was stopped by GAP and is on consolidation creating nice flag pattern. I would enter now or wait for pair to retest short term support established around 0.0001700 level. I'm not sure when or if the pair will go above GAP and it is quite possible that it will go lower. In my opinion this pair is testing GAP from last week right now. Price can move sideways for sometime and eventually bounce from 200 ema.
NLong
by Krystiannwk
Pascal Coin buy opportunity It seems to me that pair found very strong support around 0.00012000 level. There is a visible GAP on daily chart which is respected very nicely on 4H chart.I would buy pair at this level with SL below mentioned support and TP around last highs.I would expect the pair to consolidate for some time around 200 ema, then eventually ema should hold the price and give it nice boost. I think that it is quite possible that price will go down further which will make better opportunity to open long position with much better risk/reward ratio.
PLong
by Krystiannwk
2
Displaced EMA EnvelopeRutgers news reminds me of a suggestion I had made to Support. Combine the tools "Displaced EMA" and "EMA Envelope" so the envelope can better fit the price action. User should choose channel width (as well as the left-displacement), perhaps as multiple of Average True Range. Resulting channel is better aid than trend-lines, and can resemble cycle analysis of James D. Hurst. Keltner channels are also more useful with option to left shift by half the calculation period.
S
by dabram
EURUSD strong by signal based on GAP and psychological levelI can see here strong rejection after attempt to reach 1.0500 level. Monthly candles showing nice pattern for the third time( Bullish engulfing) and closed above support mentioned above. I see also two important formations : 1. GAP from daily chart(different broker) is respected almost perfectly with pin candle 2. Shadow of the candle reached Fibonacci level 38.2% the safe target for me is 1.0800 area, when probably price reach 200 EMA on daily chart. I would suspect that next wave will reach 1.1000 area in long term.
Long
by Krystiannwk
USDCAD - SHORT TRADE IDEAThis is another pair that I have been watching for a while now. There are multiple confluences to suggest that the downside prevails for this pair. The 50EMA has crossed through the 200EMA, suggesting a longer term momentum shift, with the bears now in control. The price has tried, but failed, to make a number of rallies but each time has found resistance. We observed an ascending channel, from which the price broke out below, coming back to retest the EMAs. I have set a target back down to the low seen in May 2016, which gives a lot of scope for a longer term short position.
Short
by olliefx
Potential Setup for GBPUSD in the Coming DaysFrom the daily chart of GBPUSD, I can see uncertainty on where the direction is about to go, as there are 2 potential setup for this pair : Long Scenario The reason why I said this is because EMA(100) has been breached for the past 7 candles. If price are able to break 1.2725 resistance line and move on, it may hit next resistance line 1.2870 which ultimately hit 1.3440. I don't see 1.2870 to be a strong resistance line though, should price were able to break out. Short Scenario However, overall EMA indicators shows that the downtrend is still there. Price has been ranging between 1.2725 and 1.2110 for the past 4 months. And if it failed to break out 1.2725, potentially price may fall down again to 1.2110 and similar range scenario will occur. Then if, eventually, price break over 1.2725, then above long scenario might happen. In the next coming days there will be more news that affect these 2 countries and it may determine the direction for this pair.
by nivelij01