Possible key levels to watch.With BTC latest drop due to recent news from the feds, These are levels to start watching and soon may be possible signals in the future. .017 is at the 1.272 fib for potential bounce.
Key-levels
buy stop GBPUSD buy stop GBPUSD after it retrace to the up trend line and above key level.\
GBPUSD
TYPE : BUY STOP
TF : H1
ENTRY PRICE : 1.3794
STOP LOSS : 1.3730 (64 PIPS)
TAKE PROFIT : TP1: 1.3814 TP2: 1.3854 TP3: 1.3930 TP4: 1.3986
watch price action of GOLD in Key zonewatch price action of GOLD in Key zone if GOLD bull break 1800 and close new canble above that we'll looking forward to seeing higher 1807-1840 and 1860 otherwise GOLD will find support at 1780-1750 and 1720
BTC confirmed forming a botttom - BTFDThe beauty of elliott waves is not only in their invaluable analytic tools but also in their trading methology. They tells us that previous W4 area acts as a support/resistance. When price action breaks this zone it often suggets that the trend has changed and reversal is more likely.
This indeed happended recently on BTCUSD. Price action exceeded the prevous W4 termination point (In this case it was the end of wave E of triangle). It was rejected from strong 42k resistance but since we got the confirmation any pullback can be perceived as BUY THE FKING DIP.
Momentum of the pullback is lowering which may indicate that reversal is near. We are also above POC and Daily MA21. This confluence provide us with a high-probability setup.
I do not want to see prices below 34k. If we drop below I will start considering alternatives count but for now this count is the most likely.
Keep monitoring the situation and adjust accordingly. Remember, price action knows the best. It is the current opinion of all market participants.
Head & Shoulder PatternHere is one amazing breakout appeared after head & shoulder chart pattern. The breakout is towards downside and now stock is seems to respecting the support level. Its Buy call only if next breakout candle forms with bullish confirmation .
Here are some important levels for HALHere are some key levels for HAL
1-650
2-753
3-905
4-1027
5-1423
Trade accordingly :-
Key levelThe instrument is toggled at the key level. If the trend continues its dynamics and consolidates above 16,500, then it is very likely that this year we will test the 2017 maximum. I am inclined towards a correction, since the coin did not re-test the lower boundary of the local channel.
GBP/AUD could PUMP soon!Hey tradomaniacs,
looking at GBP/AUD it looks like we could see a PUMP soon if market continues the climb within the current trendchannel andb reaks above the daily key-resistance-zone.
As always, this pair is very risky to trade as POUND is volatile due to Brexit-Talks.
Cross-Pairs are hard to predict due to the current Corona-Topic and its volatility in the market.
If you want to buy this pair, wait for the break above the key-resistance-zone to get a confirmation.
DAILY-CHART showing a nice previous fake-out to the downside which is showing big players doing their business with stop-loss-fishing.
I personally don`t like to trade this pair and post this as inspiration for the GBP/AUD-Fans. :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EURUSD Key Levels & Chart Analysis - LONG and SHORT bias EURUSD Key Levels & Chart Analysis - LONG and SHORT bias
GBP/USD just looks like its gonna PumpHey tradomaniacs,
GBP/USD is as expected the previous resistance and trendline of the current uptrend.
Additionally we see a break above a key-resistance in the weekly chart. (You can see that analysis in my previous post).
If GBP/USD goes up from here on it would support our EUR/GBP and GBP/AUD trade as I expect stronger momentums when the bulls are getting confirmations for this trade.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
CHFJPYi see some interesting volumes... CHFJPY will long a bit and then make a big short movement to the bottom support zone. This is a good opportunity, I suggest a 400x leverage.
USDZARprice action and key levels of structure tell me there will be a short retracement then a short. Have I missed anything? Let me know, thanks. (beginner analysis)
XRP longXRP bouncing of the previous 4hr key level ( marked in chart) first profit on the next key level, if it breaks 0.39ish could go up to 0.41
