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Golong

GBPJPY: Heres to all the short term traders!Hey gang! Genesis here! Found an Ascending Triangle on the Daily chart for the GBPJPY pair and if you look here closely on the 4H chart, price is hitting the trendline soon! One thing I really love about trading the insides of a pattern, is because they the entry and exits are so predictable! What influenced my decision: -Stochastics Divergence (oh, this is a strong one) -Trendline support (Ascending triangle) -Weakening price (look at it, price has been declining so fast and recently in about the last 6-7 bars, its been small tiny bars) Exit at the major resistance at the top! Good luck guys! May the pips be with you!
Long
by GenesisCTY
4
EURJPY : Upward Breakout Descending Triangle?Hey guys! A couple weeks ago I posted about a Descending Triangle on EURJPY that seems to be near completion soon! But I seem to find signals that it will be an upward breakout instead! -Stochastics have shown a bullish divergence -Weekly chart Fib Retracements has shown that this Descending Triangle is resting on the 50.0 Fib Level Seems like it could be a really good buy signal! I love divergences, they are always so strong! If it breaks upward, I'm gonna trade it! If it breaks downward, I won't touch it! Weekly Chart 50.0 Fib Level: Any thoughts and comments on this? Share it here! :)
Long
by GenesisCTY
GBPCHF: Potential Head and Shoulders Pattern?Hey gang! Hope everyone is doing fine on a Sunday! Found a potential Head and Shoulders reversal pattern that could result in a good long trade! Some confluence here points towards this: -Trend line broken and retested a Fib level at 23.6 level. -Fib level 23.6 had a false breakout and a large bullish candle just pushes it right back into a bullish bias! -Absolutely beautiful potential head and shoulder pattern (just a potential one) I personally would enter AFTER the 38.2 Fib level, after the Head and Shoulders pattern is confirmed! 1st Exit point would be at 61.8 Fib Level and 2nd Exit point at the very top of the level, since this is a pretty good potential reversal. Let me know your opinions guys!
Long
by GenesisCTY
XBTEUR: Bitcoin's monthly signalsIn this monthly chart I have outlined the different support and resistance levels on the monthly chart for Kraken. I'm using this pair, since it appears to have real volume data and a more legit price action so to speak, unlike that of other exchanges with wash volume , rogue market maker activity and whatnot. The target for the first monthly signal has been long reached, and part of that trade could be closed there (as signaled by the chart). I had shared monthly longs to capture this movement before, but for btccny1.00% at btcchina and also bitstamp . Currently the trend is up and we have more and more evidence of continued strength. As long as price is supported above 324-354, it'll be more and more probable to see further continuation. I will update this chart when we get a new monthly long signal, with a defined entry, exit and stop loss. Potential targets are on chart and also the target for the currently active trend in pink. If interested, I'm running a Bitcoin trading signals group, contact me for more information to join. Cheers, Ivan.
Long
by IvanLabrie
10