Newbie
UCAD looking for peak Supply before continuationUCAD staircasing its way up to the supply Zone in a loose ABCD formation, dont sell it now there are plenty of reasons to sell it in the peak supply area instead.
Bitcoin possible shortGood evening guys!
This is my prediction for the future BTC movement. If it hits target 1 I would move my stop loss near it, then lower it once it reaches target 2 and so on...
The reason I put rectangles in and not fixed prices (targets) is because I am still learning and will improve my charting over time.
The Fib I used was to detirmine price support and resistances (still learning Fibbonaci).
What are you thought on this, and do not spare the critics :D
In advance I would like to thank everybody!
My AnalysisHey guys, I am just putting up my signal, not as a signal for you guys to follow through, but more for analysis and critiques. Feel free to say whatever the issue is, that's the only way people get better at what they do. I'd like to be in the same position for that to get better in creating my trading strategies, so go ahead and if you think my plan and/or strategy(s) are wrong! Thanks again. :)
Remember, say whatever it is you feel like what would be right and/or wrong about my analysis! That is how we all get better! Good luck to everyone with their trading! :D
EuroDoller Analysis : short/buy optionLooking at the EUR/USD we can see that the price is back to a previous level of support.
This implies a surge in price is soon.
Or a fall as a historic level of support suggests.
My prediction that the price will rise back to the previous known resistance level as shown.
But there is the chance that the price falls back down to a previous support level.
Any investment would be risky in this market as it may go two completely different ways altogether.
(Please note that I am not a professional any decision you make may lead to your own losses).
I Have another idea with Aviva LSE which may be more enticing as the price will not go two different ways altogether.
Long/Short Idea on AVIVA LSEI am new to trading so don't take me for granted.
Due to the recent fall of Aviva, it may be worth investing in.
Using previous points of support and resistance there are two ways in which the market will go.
The shorter one will be a rise up to a previous level of resistance.
The longer one may be a shorting opportunity after which you can go long and make further profits.
I am betting on a early swing in the direction oppose to the later one, just because of the fact that a more previous support was in place.
But the latter one will be more overall profitable as you will be able to short now and go long later which may lead to large profits.
I have proberly made some mistakes feel free to comment on them and i will take any CONSTRUCTIVE critisism and enhance my skills upon it.
Many Thanks.
USD JPY Patterns idea for going long?I went long at the yellow highlighted area where I hoped it would keep the bull trend going. The last two purple highlighted areas seemed like a on going pattern where the third purple area near the yellow, is doing the same thing where I predict it may follow the dark green and dark blue lines, getting as close as it can to 113.000.
If it does not go that way then it may follow the dark red line becoming a bearish trend, maybe a twin buy for a come back.
EURCAD (possible Sinking continues)Possible Sinking continues to EURCAD as you can see there lets wait for the retest to get more confrimation
AUDNZD LONG until zone then we wait for break outOn the coming week what is see is that Audnzd is gonna shoot long until 1.09800 then ts gonna be resisted and force t go down until t breaks the down trendline then go further down but if t break the R zone its goin to shoot more long opportunities till 1.13000....thats what i see on my view on the coming week , i welcome you all to bring your views also on how you see AUDNZD , Thank you...
AUDCAD Forcast on my viewsif AudCad breaks the red zone then we r goin to wait for a retest then we gonna sell till the tp illustrated down there but if its gonna break the blue zone then we gonna buy it till to the tp illustrated on the top but may we put in mind that AUDCAD is on a Downtrend(Major) So i jus suggest we wait till the zones a broken Then We can enter Safely We out risking our accounts......Thats my views on AUDCAD but i take suggestion on you guys what you think about this pair.....REmainder Am still learning on using support and resistance so your suggestion will be a great help for me to increase my knowlegde , thank you
Long-term long, short-term long, then shortXBTUSD
*Note: This TA is based of the XBTUSD Perpetual Swap from BitMEX.
This is my first TA. It is highly recommended that my analysis is not taken as financial advice. Trade at your own risk!
Based off of my analysis, I am bullish on bitcoin (long-term). However, short-term, I am bearish. We should expect to see BTC to have a small pump before falling back, through our weak support, towards the strong support over the next couple of days. From there, I can expect a bounce but for now I am not sure up to where.
Overall, we are seeing lower highs for 2018 and mostly lower lows, however, recently, major crypto enthusiasts have called the "bottom" of the bitcoin and predict that BTC will soon begin to start seeing higher highs. For now, we are unsure if this is true and I will remain bearish until then. I am hoping to see higher highs and higher lows and if bitcoin continues toward this path, our bulls will start coming out of the woodwork.
I am hoping and predicting Bitcoin to see $10k by November if we continue toward the path of higher lows/higher highs. Unfortunately, I doubt that BTC will overcome the ATH set by last year but we should be relatively close.
Remember, this is my very first official TA and none of this should be taken as investment or financial advice. I will start doing more of these and try to improve over time. Creating official TA's are a great way for me to put learned material to use.
Please comment or leave feedback for any suggestions or recommendations.
-RICE GOD
@onetruericegod
CROX are back in style!"Actually they were never in style." But this is a very attractive pattern. Look at this staircase, climb up! Come on you have until the 7th newbie gains can come fast lets go bulls get some gains on a daylie!
My predictionWill history repeat itself?
If somehow I predicted the future, you can say thanks to me by donating to this ETH address: 0x7D8D6Ba18738B19A49Fb687A6AC543EB41bAED8C
If not, I am sorry. I am not GOD.
Bear Market still not in placeMonthly chart looks like we are still bulish on Bitcoin. 21 EMA which is critical for many trader is not broken and there is huge support around $5700. If we break resistance at $6800 there can be another huge bullrun ahead.
USDCAD volume dropUSDCAD keep being rejected at 1.33 and losing volume. Expecting a drop to 1.31 area.
S&P going downHello,
I think we have a bear goingon for S&P and these trade wars are going to make matters worse... I think it is going down on the daily.
Appreciate all the likes and comments!
Best of luck!
Salty Tears continue. Rolling along learning what I can from TA course on another site. Today's question regarding Swing High, Swing Low and Fibonacci levels. Where would you draw it? Do you think this would be a correct placement?
I wait and watch the outcome as always.
Still think Salt march's/trudges/scrapes back to the .00039 area.
I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position in any investment.
Thank you for your feedback.
Short Corn versus Soybeans/WheatTesting trading method to sell weakening Ags and buy strengthening Ags
Salt Daily Chart, opportunity???In my newbie mind I think I see a trade here. Buying roundabout where we are now (0.00028500) with an eye towards selling at 0.0004 or so in a week or two. Not trying to chase a new top, not hoping to ride a crazy pump. Just trying to find a reasonable, realistically achievable exit point.
Your feedback on this is greatly appreciated.
I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position in any investment.
SALT on the floorThe market takes a tumble and all shall suffer.
I would suggest SALT is at the floor support and due to head upwards. Guessing the month high would be a nice target.
I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position in any investment.
Coulda been the Willie Nelson, Coulda been the wineA crypto telegram I follow had ETH in a range box running from roughly $650 to $730. On the daily I can see it. On the 4 hour though it presents to me as a wedge. Your thoughts?
None of the fib points matched up nicely for me so no clue on targets. Elliot wave guy I follow is trying to sell this as the consolidation for wave 5. Me, I'm flat. I think the SEC will make an example of a coin at some point (today's low cap coin they took down isn't a big enough message) and I'm concerned that'll be ETH. No evidence to back that up. Pure....100%...... speculation.
ETH's functionality and promise seems to be fading a touch as other projects conceivably could catch up and pass this first mover. Fundamentally still strong but a concerned glance over your shoulder is warranted.
I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position in any investment.
Waitin', watchin' the clock, it's four o'clock, it's got to stopSuper bullish as an investor of this coin, currently in open beta testing of decentralized exchange UI. This project plods along at a fairly decent pace releasing tech, fixing problems, updating code and releasing new features. This tech, this coin is a gem but it'll have to "win" the old fashioned way with better working tech versus the better cheerleaders other projects have. If ETH/BCH was doing what this project was doing we'd never hear the end of it on twitter.
Chartwise right now seems to be trending upwards in a slow manner within a channel. One really big wick on a 4 hour candle sort of makes one scratch their head and ponder. Big whale market bought a bunch in one shot? For my charting I've decided to ignore as it seems a massive one off. Is that right? Thoughts on this wick/what to do with it regarding charting?
I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position in any investment.
