UPDATE!!! Make 65 % PROFIT on BITCOIN CASH... WHEN this happen!Dear beloved D4-fans!
So here is a quick update, on the new situation with BITCOIN CASH. Here is the original chart.
So at this very moment it seems like on this 2h BCHUSD chart, that an ascending triangle has appeared (also on the RSI), which means that we might go a little higher and NOT fall through D4s (admitted) not so convincing HS pattern he made on his original chart. Also take a look at the bullish MACD-cross.
So the big question is if we break through, can we make 3 higher highers?? D4 thinks it will be hard, but its definitely not impossible.
If we DO NOT make a higher higher, but a lower high, we will go into the bigger descending triangle (pink/purple), which means that we will go down from there, and have the retracement D4 thinks is needed.
D4 loves u <3
Flags
ETC shortIll keep this short and simple, if you belong on etc this is a chance for some small returns. etc ill hit the red before going anywhere else.
it was thrice failed to break the resistance, once breaking through before the bears smashed it back below. it has broken a trend line and has formed a bear flag and has only just followed through.
there will be more analysis on the way soon.
Remember though folks, this is not financial advice and any trades you take are at your own risk.
I, like all traders will be watching ETC and will take positions accordingly.
Stay frosty,
Moglli, out.
AUD/USD sell the correctionsSame concept as NU, look to sell any flags. At the level right now that I would like to see it break
AUD/JPY sellAJ appears to want to make a further correction here. Considering wave 2 was so simple, makes sense. I don't just enter trades and hope for the best, I trade of pattern and price action, that's why you see no SL and TP. Plus it's Sunday and US government shut down makes me cautious to trade any pair and I will be looking more toward Tuesday to Wednesday for entries. This already produced a small sell setup, may make some more.
#BTC Amateur ChartingI know very little, maybe I know a little. I'm posting this one for putting myself out there and two because I want to get better at the technicals of trading in this sentiment driven market. Please be as ruthless as you want, cheers and happy trading!
-crowd
Flags flags flags, beautiful flags.there is an song from Monthy Phyton about Spamm,
it can be used on this ltc-eur chart, but just change the word spam for word flags..
Dunno if bots, or all people use this chart as prediction :)
Anyways, short term - buy "low" sell a bit higher.
EUR/USD FlagPossible flag pattern on EUR/USD 4 hour chart. Growing volumes should confirm the long scenario. Entry point just above the breakout of the descending trendline. First resistance level at 1.187 area; in case of brakeout towards 1.2
USDCAD Daily OutlookHere on USDCAD price is currently rising. I am expecting a break up to continue the trend. Once price has reached the top of our bigger pattern I will look to take shorts.
Raise The Flag..(V-END)End Credits..
Auto Strategy for the Months Ahead
P/L +850$
Sell Hedging 4770 TP 4452 SL 4787
Buy1 4000 TP 5000 SL 4230
Buy Limit 4050 TP 5500 SL 3800
Buy Limit 4140 TP 5500 SL 3800
Sell Limit 5000 TP 4452 SL 5100
Sell Limit 5500 TP 4650 SL 5780
Good results.. Lack of Support
Safe Trade and always stick with your plan..
Over and Out
Raise the Flag..(II)Flags all over the place again.. so just follow the flags.
Thank you for your support.
Enjoy and Best of luck to you all..
EURNZD Long: Bull Flag BreakoutHey traders, I like a long here above resistance. There is likely a density in demand here for both a short squeeze play and a long entry. Breakeven at 1:1. Cheers
Keep an Eye on Cable! Potential Bull Flag BreakoutHey traders, here's one to keep your eye on throughout the London and New York sessions. Buy stops set above recent highs targetting 1.272 extension... Nice R/R. Cheers
The SP500 from Bush 41 to Trump: Are markets color blind?Wave 1 suggests investment may stall around 2600-2742.5 for end of wave 5, however if not worn out already may breakout even further.
i thought it would be interesting to see if markets correlate or react differently with a switch of party (R-D, D-R)
Prior to the 07-08 mortgage crisis is highlighted with the light colored rectangle. Nothing conclusive yet, however the argument for a bull flag from early 90s-early 2000's, down to the corrective low of wave c in early 2009, back up to present day could be made
However, there is far more at play than just the party in charge that determines markets! 1980's laid a great foundation. were just food for thought :-)
EURCAD long idea1 flag/phaseline has formed already
possible 2nd flag/phaseline is forming for confirmation
price is currently indecisive
further bullish moves expected if 2nd pattern forms
Two Possibilities on NZDCADKeep watch on this pair because there are two different possibilities that can happen.
Quick Short Trade on EURNZDHere on EURNZD we have a trade setup forming inside our corrective structure. This setup is only valid if price does not break out of the bigger corrective structure. Good luck to you all
