Spoofing or someone just dumped a whole load of shares on RR. In any case that must have taken most of long positions out for retail traders since stop losses must have been triggered on this one, With no buyers left price heads south, still bullish on this one and still on the trade as we broke out of this descending wedge that we have been in for a while, It...
Bat Pattern Possibly forming on GBPUSD H4. The pattern is forming roughly at the .382 retracement of the low-high, retracing to a possible Support zone and there's also a previous trendline at the zone although said trendline was previously faked out. Join my telegram channel for future updates! t.me
Watch for increasing volume and a breakout. 20ma supporting.
T he major market index is the only index in the world to reach a new all time high and now has a double top . THE NYSE HAS HIT THE LONG TERM DOWN TREND LINE NEAR MY TARGET 13010 TO PEAK ON 4/8 AT 12970 . BUT THE XMI SEEMS TO BE TELLING ME THAT THE SECOND HIGH THIS WEEK IS THAT OF A WAVE B TOP WAVE A TIMES 1.618 = WAVE C FORECAST AND IT BOTH TARGETS A...
USDJPY did break out yesterday within the symmetrical triangle pattern. Is it going to rally more or would it retrace back to support?
A rather long term trade (relative). Asset us coming out of the bottom and will be testing previous highs. Possible cup and handle.
There has been really nice bounce and price is now testing the sideways resistance, if we break out and we manage to stay two 1D candless above the sideway line, then we could see rally to the first resistance (yellow line). If we break more down, then we could see indices that Bitcoin is going to retest the 3.100 USD price. The market is highly manipulated,...
I am sorry to say this bubble has burst and its time to get out while you still can. If you really want to be in ripple for the long term, look to buy again when its at 5 cents or lower! I love crypto, but its time to be a realist. The bubble has burst and everyone will continue exiting until the dust has settled completely, which will still take years of...
Reversed short position into the upwards scale for NASDAQ:AMD Entered at 26.94 with target at 32.92 area
just now Situation: EOS is currently still correcting. WXY has just finished, and after it hit a big support it bounced up, and is now forming an indecisive correction pattern (Triangle or ABCDE). Triangle's are relatively easy to trade so i've set up some important price levels in the chart that will be decisive as to which direction the price will be going once...
Very exciting price action in the past hour looks like we are now back above the 4hr 50ma and appear to be breaking up out of the symmetrical triangle...this could be another megafake the other way of course so we must take that into consideration and still watch for candle close and follow up confirmation candle price action but at the rate it is flying upward...
Uj has shown alot of indecisive price action on the past month, this pair unlike other Yen pairs has shown more bullish arsenal than bearish. I will wait to see which end price breaks towards in the MONTHS to come before engaging in this market again. At the moment it is not worth the risk.
D1 + 4hr Bear OB + .705 OTE Resistance confluence. Paint the swing high then run the liquidity.
A break out occurred, hoping it is a false one and that it doesnt hit the sl Good Trading!
BTCUSD Bitcoin Must apologise for rubbish call yesterday and no follow up. Was expecting a period of light relief over the weekend. No such luck. The spike that came shortly after the match had finished was a big one and the ensuing rejection period flipped Bitcoin straight back down to the lows again and triggered a short from 7399 as it broke below...