Get started

Medium-term

EurUsdPrice has been ranging within a 200/250 pip range since mid October. Price broke out of the key 1.1500 area which has acted as major resistance for a while. Price broke this 1.1500 zone with a very bullish candle, a retest has occurred of the zone and I see more upside potential with this pair. I would like to see the next upside target of 1.1600 in the short term, and then I believe price has the potential again to move even higher to test the 1.1800 handle in the short/medium term.
Long
by mattmach
BTC Medium-term: Sunny, but you never know, so bring a coat.In my first published idea here (mid-September), I suggested that BTC seemed poised to fall and re-test the bottom of a long-forming descending wedge. Well, it did fall, but not quite to the bottom of the wedge. For the first time in a long while, we started forming higher lows. This trend has continued, and we now find ourselves in a very nice looking ascending wedge (drawn here in light green) -- still *within* a descending wedge (drawn in purple), but with solid support at around $6200 USD, and nicely shaping up to look a lot like a possible breakout/trend reversal. For the first time within this downtrend, the 200 MA -- which has acted as a solid resistance over the past few months, rejecting several rallies at or near its mark -- is *above* this descending wedge (as I've drawn it, here), instead of right on top of it, or cutting thru it. On the RSI side, we have a nice, long-forming ascending wedge (blue lines on RSI chart) -- a strengthening market. But, on the shorter term, we have a *possible* RSI downtrend forming (red line on RSI chart). We'll soon see how that shakes out. If we break up out of this wedge -- which seems likely in a few days, that's hugely positive. I'd imagine we'll test that 200 MA again, but this time, it's sitting higher, so if we break up, the next target is around $7250. We might see a small rejection at that point, but if this bullish momentum sustains, I think we have a good chance of bouncing right back to test -- and break -- it for good. Bearish scenario, we fall to the bottom of this ascending wedge, test it, fail, and fall down to our next support at around $5880 USD. Feeling pretty bullish right now, though.
COINBASE:BTCUSDLong
by indicates_void
EURGBP h4 SHORTEG head and shoulder H4, this is a really choppy pair in its nature, hardly any definitive directional trend. Price met resistance at what may be the formation of the 2nd shoulder at the same height as that of the first. It is not a high probability setup, but may prove to be meaningful, as price moving to the upside after having broken the descending weekly channel. So a move to the downside to retest previous significant supports may be in play. I will go light on it.
Short
by taurisking
2
Market Heating Up? 28,64% Profit #BTC Could hit final target? Is market heating up? A while ago I posted a chart: Because, the Moving Water Technical Analysis was showing that BTC was about to take off, and a big wave was forming. I advised all my followers and haters that pro surfers can see the big waves way before it happens, and that is one of their main advantages. Here is the same thing, because when you see the wave it is already too late. Who bought BTC at $ 5,800, and I did post 2 times for this opportunity. Above is the chart with the second opportunity. Below is the chart with the first opportunity: So, now some followers are already with 28,64% profit on BTC, riding what we call on surfing: "The Tube", or the best part of the wave. But to get here, you had to believe in the wave, because before that it was not possible to see it. Many followers are now thanking me. I am really happy to help. Our Final target is $ 8,500 and is not very far now. Moving Water prediction, did spot a time frame, and that would be medium term from the chart that spots it. So, probably from July 30 to August 2nd, we should see our target. What do you believe. Is it possible? I hope the best to all. Good Luck and Good Profit.
COINBASE:BTCUSDLong
by EDWARDCASHTRADER
42
XPTUSD Long Trade SetupHello traders Platinum has a great potential for upside but in the meantime, there is still chance for more down move. If the structure between the yellow lines is a contracting flat the structure between green lines should be the correction after reversal impulse and it should go up. If the structure between orange lines is a running flat, it will keep going down. But even in this scenario, I'm expecting some correction. That's why I have placed an entry order. My plan is to take the trade move stop-loss to break even and see the potential. If it breaks the previous bottom, I will move the entry price and stop-loss accordingly.
OANDA:XPTUSDLong
by WaveAnalysis
CADJPY Long Trade SetupHello traders. This is very clear long trade setup. It made a 4H corrective structure. Then 1H correction after the breakout, and now 15m correction is in the making. That's why I placed an entry order. But there is a problem here. Our entry is far away from the bottom. If it goes up fast like the previous up impulse, perfect I will be in the trade. Otherwise, it will probably make a deeper correction after some up moves. Because of this possibility, the stop-loss should be moved to breakeven as quickly as possible.
Long
by WaveAnalysis
2
XPDUSD Short Trade SetupHello traders. I think down move is either a weekly correction or daily correction or impulse. In any case, there is a big potential for more downside. That's why I'm looking for short trade setups. I have an entry order because the structure looks like a correction so far. In the meantime, I'm waiting for the breakout and a correction to take a short trade. If I can take any, I will remove the entry order. Target is not clear, leave it empty.
OANDA:XPDUSDShort
by WaveAnalysis