PM retains a client base for decades, and a good funnel right before earnings. The textbook bullish funnel with 3 support points vector and 3 resistance points vector, the conclusion is nearing close to the earning date. Brake might be significant in either direction combined with the statistical probability of positive earning due to the past 15 WWWWWWWWWWWWWWL....
Good potential funnel at the beginning of formation on the daily chart. XRP has been showing positive sentiment compared to other crypto rivals in the past couple of months, recovering faster, dipping lower, etc. Nearing SEC vs Ripple LABS case "season finale", ripple is resuming collaboration that was set on hold during the case development, which itself is a...
As euro is capitulating we are positioning for another short term rally contrary to the overall trend. Here using a funnel between 1.11250 and 1.12400 range. If the funnel is broken from the downside we are looking into further capitulation and trade being cancelled. Otherwise we are positioning for a breakout trade around 1.11620 mark. Please note that if the...
Buy link, short cripple. Next support for ripple is around 6c, for link it's $1.80. That's the difference between a healthy and an unhealthy chart.
Possible trend reversal (from downtrend to uptrend) in 2016. Now upside volatility funnel has formed over last few years and is triggering. This is on a week chart, which is colossally slow. Open: $1346.75 Stop: $1266.39 Target: $1557.40 RRR: 2.62 Time Stop: 23 May 2022 This is not advice.
Hello Traders My first Tactical Trading Tuesday for the year on my favorite pair. As we see EURUSD price action complying within a converging triangle I'm pointing you towards two tactical entries. The first entry is following the main trendline on the bearish daily momentum and expecting strong resistance @1.15 level And the second entry featuring a breakout...
Hello Traders Looking further into a choppy market indeed I present to you my tactical entry on EURJPY. The price has been fluctuating within a funnel here on the 4h chart. We are looking to position in a potential continuation.(looking at 128.000 round number as potential level) Also note that this is the third time that price tested the funnel and broke it...
BTC HVF looking likely. High RRR, continuing with the trend. I've entered a a small position at L3. Will add some more in case of breach of H3. If this confirms. RIP Altcoins.
Looks like bitcoin is about to make a decision! Watch for breakout! Im hoping up ;) good luck traders!
After a lot of hubbub in chat, suggesting a big movement from eth soon, I decided to search for a fractal pattern to match. These points aren't perfect, so I wouldn't bet on them quite yet, but the ichimoku cloud formations and hunt volatility channel patterns very closely match each other. If we see some downward movement soon, it will continue.
Hello traders As we see the eu rally higher and higher, we might take sometime to figure potential retracements before we buy again. I kept the daily funnel from previous analysis and in conjunction with my wave count eu is stepping back to 1.12000 before soaring again Point 4 is the safest bet to go long again. Trade safe, trade well.