It will be interesting to see if we break to either side. No position still, waiting to see which side it chooses. Good Luck! Make your own trades as this is only trading advice.
After our big friday drop from china news. We still held our 13d ema and has small bounce up from it. Still bearish back down to our previous wedge but could go either way looking at charts. Def need to keep eye on this sunday night!
Is the consolidation trying to break finally? I dunno... On the 4 hour, it looks like it just tried to. The most recent 4 hour candle/volume is notated with blue arrows, and the same 4 hour period from 24 hours ago is notated with black arrows. I noticed a couple things: In comparison to the same period 24 hours ago, the volume was light this time. Not only that,...
This could go two ways here. We could reject the bottom of Wednesday’s gap, or enter the gap and possibly fill it up to the next resistance at 293. Stay Nuetral unless we enter the gap today.
Today’s candle formed an inside bar stick. Buy above the top line, sell below the bottom line.
Wanted to update the chart again. Fairly happy with the daily close. Candle stick is bullish and closed above the S1 support pivot and the black line I drew. We retraced almost exactly 50% with the wick and the cup and handle is still valid. Lets see what happens this week!
ETH dropped out of the very bullish movement/channel it was in, but it still on an uptrend. I've zoomed out to the weekly for now and really want to see this cup and handle develop still. Bullish divergence will be invalidated if we drop below the last low of 226. The cup and handle will be invalidated if the handle retraces 50%+ below the height of the...
Hello traders! ABC/Bitcoin cash currently testing a support level, in case it drops from green line it will bounce within pink parallel channels before it finally drops to Red resistance level . We havn't find the good entry point to enter, I repeat , DO NOT PANIC ! invest at your risk! Good Luck!
There are many on this site that are claiming to know where BTC and other cryptos are heading in the short to intermediate term. The only issue? Their analysis is absolute hogwash. This chart shows the Vanguard Emerging Market index (which shows a diversified performance of equities in many of the emerging markets). Notice the stark similarity. As you can see,...
As expected, we had a little bit of a boost but it was was harshly rejected and price was sent down to its current level. We will need to see some bulls show up to the party or we may be in for a long ride. Pivots are very relevant right night. We need to push through this blue pivot in order to enter bullish territory. I'd really like to see a close above the...
EURAUD - Flag Pole, with caution , but clear targets 50/50 , see where it goes and enter of break (if aggressive , or break and retest.
my current bias is upward although I would definitely not feel comfortable in any sortve trade with the Euro Dollar. Price now sits on top of a support zone although slight divergence on the hourly chart is pointing downwards. Waiting for further action.
Triangle type pattern on the 4 hour, possible channel on the bigger TF
Gotta love when they happen like this. This one is filling to the corner too. Im expecting a nice and directional breakout. For the time bring im neutral as to which direction but this makes for a great bracket trade with entrie orders both above and below the structure. Whichever one triggers wins. USD is garnering some momentum vs several pairs but so has JPY....