This is the first idea i'm publishing. I'm glad to tell me about my mistakes. Hope you enjoy it. Good luck.
Recently EurNzd has broken through a strong trendline on the the higher timeframes, I am looking to short after a small correction.
Here my view on bitcoin. Golden cross will be the trigger to possible 11500/12000.
Somewhat of a triangle. Price targets. Divergence. Lets see how it plays out.
I think it's correcting for the 5th wave down. Can grab more than 200 pips if we make the right entry.
There is a head and shoulders pattern playing out around the 0.5 - 0.618 fibonacci retracement zone. If as expected we will see a short following the C-D trend line of the AB=CD pattern. This should occur with the MA's crossing over to the down side for a good stretch. 1.7440 should be the next target after this roll over down a parallel channel, then a possible...
Potential retracement if price retests support level. If this is so - then potential buy order. If not, then false break data point and then a continuation of downtrend (then potential sell order). Still working out the Fibonacci retracement tool.
COINBASE:BTCUSD Here goes my first. After reaching $6,750 resistance level the RSI formed a Bearish divergence indicating a possible drop in price. Price dropped and a small pullback i saw the opportunity to sell using Tom Demark trendlines . Connected the recent swing low to the last swing low and waited for price to close below the trendline to project the...
Hi ! First try. XVG makes a nice Cup and Handle, Volumes goes down. Waiting for breakout confirmation. Buy signal around 0.00000880 and 0.00000915. I accept all advices, thank ! This is not financial advice bla bla bla bla.....
I am currently in a position to grow thy BTC digits. I chose ARK because the signal finder had all indications of potential "breakout" or at least a decent up trend. Thanks to BTC Trading Challenge for the tips. ARK is a coin that does something and blockchain, blah, blah, blah.... Stuff. I am NOT fundamental on this (OMG is a different story). ARK is just a...
First, I am at very beginning of my Forex studing. So I am very opened for yours constructive criticism. If Dollar will stop to mess all pairs at market, Gold must be return to going UP. RSI and Stochastic showing Bullish Divergence on 4H chart. Entering price is 1324.2 - above daily resistance area. Stop Loss is 1311.81 - a bit low of upper limit of weekly...
My first chart analysis BTC/USD - One of the possible scenarios
First chart, first month of watching will update as we go... March 7th is the big date.
Probably an ambitious target but hey, we have it simple, break and a retest of previous resistance trend line, rejection of the 50% and -27% looking at a 500+ pip long here. Almost forgot to mention the bullish engulfing candle on the daily closing above previous support. Has created is Higher Low, Perhaps on to new Higher Highs.
I would like to share some information about my recent trading activity. My trading religion is to combine all possible directions of market regardless of their nature, fundamental or technical. When I find such combinations, I look for the good entry possibilities. Today USDJPY could be this type of market. All usd-based pairs and DXY itself has shown...
Rate my setup, share your opinion. That's my first post, hope isn't last. :) My experience and analyse predicts bearish move.
After the price break the nearest resistance line (black horizontal line), go put a long and aim it until the price hit back the median of the 1,27 fib ext, 0,236 fib retrace, and both resistance of a trend line and horizonal. After that, go short and aim it back to the lower support since it potentially make a bullish butterfly with a chyper pattern.