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Ending

ROSEUSDT - A garden of roses - on FIRERoses are red Violets are blue You should be taking profit I have but have you? There were so many different buying opportunities outlined on the chart here going back into late December and early January but it has run and we're starting to create a very large ending diagonal. It's best to take profit on any position that may be open on ROSEUSDT. I do not suggest opening any kind of a short position until trendlines are broken to the downside. There is some overbought signals on many higher timeframes.
by bitdoctor
BTTC | Bullish Divergence - Falling Wedge Ending Triangle?Price action and chart pattern trading > Local falling wedge ending triangle pattern within a global falling flag corrective ABC. > Trade setup - entry @ falling wedge breakout downtrend line wave ii and iv. > 1st target 0.786 - 1.0 upper resistance flag - upside +20% > Stoploss @ the lowest falling wedge position zone - downside -10% > Risk reward ratio: 2:1 Indicator: 1. Smart money volume support 2. Banker chip entry signal 3. Fundflow RSI reversal pattern coming out of the oversold zone 4. BBD signal - bullish divergence - just below the baseline 5. KDJ stochastic bullish divergence Always trade with affordable risk and respect your stoploss
by dukeposh
2
Ending Diagonal on BitcoinI don't think this is *THE TOP* but it is *A TOP*. Bitcoin has historically always returned to the 21 Weekly EMA before making a push higher, and we have not done that since the 10k breakout last year. Working theory is that this is a rising wedge/ending diagonal which is corroborated by the declining volume and volatility alongside bearish RSI divergence on the daily and weekly chart. Be careful in this range as ending diagonals tend to reverse rather suddenly and violently with few bounces for underwater longs to escape liquidation. I've drawn in what is known as a "throwover" on that last pump that crosses the upper trendline in a false breakout. These are common in ending diagonals and definitely worth watching out for since crypto tends to move towards the extremes. I fully acknowledge I could be wrong here, and this could be some kind of bullish wedge consolidation, but the Risk:Reward in this range is not great for me, and I would rather buy after a substantial pullback.
COINBASE:BTCUSD
by DennisLeeBTC
13
ORBEX: EQUITIES REACH FRESH ALL TIME HIGHS!In today’s marketinsights video recording, I talk about SPX and DXY . SPX keeps hitting fresh highs despite Fed's message to keep rates on hold until 2020. Trade wars do seem to be influencing flows more than anything else right now? Whatever the case, sharp upside and overbought hints to exhaustion! The DXY's recent upside though should be watched closely. It's either an expanded flat or a zig-zag correction, so, could expect either a decline or a correction. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
TVC:DXY
by Orbex
EUR,USD,JPY Go Nuts After ECB! Fed, BoJ Expectations More DovishIn today's #marketinsights video recording I analyse EURUSD and USDJPY! Euro, dragged lower by the reinstation of the QE programme, was able to reverse post-ECB losses on the back of: - Limited rate cut compared to markets expectations (only 10 basis points) - Draghi's call on governments for fiscal stimulus (supporting EA economies?) - Widening yield differential against the dollar (ECB can't move lower, Fed can) - Expectations that the Fed will cut next week (a weaker dollar) On the other hand, the yen was also negatively affected by ECB's decision to ease. But with an ultraloose policy in the books for quite a number of years now anyway, easing would be worst in Japan rather than in the US. Hence the bullishness in USDJPY! Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex
When the indicators align: Potential long-term trend reversal! Hi all, Heres a video summary... XPT has been giving me the eyes from across the bar all night... However, I am sitting on my hands patiently waiting for absolute confirmation before striking. These sensational charts are suggesting to me we are approaching a potential long term trend reversal! Here are my confluent reasons why... 1. Falling wedge pattern. 2. Bullish divergence on the RSI. 3. Higher lows RSI, lower lows price action. 4. Potential ABCDE count. 5. Price action really stretched away from EMAS. (weak indication) I believe we are going to get something like this However, there are multiple pathways it could take... we have to look on the flip side as well, very possible we break out now and bull off into the sunset Or we reject the top trend line head to the bottom trend line and continue this strong downtrend. Either way, Platinum looks juicy and prosperous and I am leaning towards bullish. Be patient and prepared for anything and let me know your thoughts. Good luck and happy trading :^) ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
OANDA:XPTUSDLong
by TrimmerTrading