Gold holding Trend. Up then down againGC still holding the trendline pretty well with a "zone" to match. Could be an easy entry. Loking for this to rise maybe overnight up into the trendline/zone with a drop to follow. Could see good prices on PUTs if this happens and catch it off the rise. Any positions held nust be patient. Trend is your friend "until the end"
Patience
Potential Bullish Break Out - Daily Interval - AMRHHello Successful Traders,
As the time is approaching, for some of us we have been anticipating the announcement of the Earnings Report. Tomorrow at 8:00 A.M. EST, the company will release it's report. Await confirmation prior to entering the market.
Resistance Level 2 - (0.40 - 0.50) 10 cent interval
Resistance Level 1 - (0.33 - 0.40) 7 cent interval
Key Price Zone (KPZ) - (0.25 - 32) 7 cent interval
Support Level 1 - (0.20 - 0.25) 5 cent interval
Support Level 2 - (0.10 - 0.20) 10 cent interval
Furthermore, the company has released a number of promising PRs that can truly assist its revenue stream within the upcoming quarters.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
- LionGate
There are mainly 3 phases in the so called Price ActionThe very same day you learn to read your graphics correctly, you will certainly know it because your Bank Account
will always be bigger than before.
Your only JUdge will be the merciless Dollar value. Anything else can be considered as illusions.
It is very easy to cheat everybody, including ourselves, however we cannot cheat the Filthy Dollar $ value.
Here, it seems like if ... WHATEVER YOU WANT TO BELIEVE .... it is here in front of your own eyes.
Knowing that there are mainly 3 phases in the so called Price Action, it might help. We seem to be here in the
CONSOLIDATION PHASE, then we have the next one where the price moves UP and DOWN cautiously ...(sort of)...
Then we wait for the fabulous TRENDING PHASE. .
You get on board at the right time and jump out of the wagon at the exact location and you will find yourself in
Wonderland. ........................ Good luck.
BTC + SPX Symmetrical TriangleSymmetrical triangle pattern in BTC and SPX, waiting for a breakout. Looks like bullish momentum is fading and we are headed for corrective territory. BTC has the potential to explode higher, but I just don't see it for the SPX... there are too many fundamental factors on the table to currently justify passing 3000 without more "trade talks going well!" nonsense.
XRP LONG - Winters Algorithm XRP LONG - multiple confluences. first - the use case. XRP is rocking and rolling, and beating to the sound of their own drum. fundamentally, they are one of the most motivating companies across all spaces. positive news is released daily about this particular asset class.
technically - many areas to focus on. the liquidity pullback and retest is a clear sign that support is in effect. the slow bear trend has been creating a solid consolidation area to buy from. we have finally retested that previous area - and are looking for a slingshot style candlestick.
we all know what happens when you tap on the glass for long enough. it shatters. prepare for turbulence northbound.
good luck. these are my personal visions and opinions. make your own.
Best,
Winters
BITCOIN:At the edge of the cliffHello dear traders,
Let's keep it simple.
Summary & trading plan:
- We perfectly called for 10450 dollars XBTUSD zone failure to hold, and we saw a strong bearish move as anticipated yesterday in our idea, targeting low 10k.
- Bitcoin is now sat on the edge of a Daily Cliff and we can see very low targets if it triggers. Please, read the detailed analysis for further details and targets if the idea is triggered.
- Still hedged from >11k4.
- Looking for altsbtc setup considering this potential weakness.
- For live updates on btc & alts, and for free trades, follow us on twitter.
Weekly
a/ Market structure: still intact bullish structure, but indecisive at the moment. In the same time, weekly chart is showing us a trendwall that is getting weaker and weaker here . A trendwall is basically a trendline that is drawn based on a point of resistance, and a point of support during an uptrend, that allow us to get an idea of the exact place where price can reverse. Considering it provided support already three times, we now have to consider that the next test is not going to hold, and we are going to break down, each test making the trendwall weaker and weaker. Weekly support to monitor is 8750.
b/ RSI: indecisive but can definitely move down for a reset.
c/ MACD: Under Bearish Crossover in positive territory. => Consolidation on this TF and a retest of support is possible.
Daily
a/ Market structure: still intact bullish structure, but indecisive at the moment. Breakout of resistance right before monday close. Tuesday confirmed our idea of a bearish rising wedge that is in play now. Support at 9800, 9500 then a possible swing failure pattern at 9k to run the stops that could make us close to the weekly support at 8750 usd. Chart is here. A close under Monthly Open at 10100 is your trigger for downside continuation .
b/ RSI: Indecisive, on support line. A break of the support would confirm our bearish plan and gives strong momentum to the downside. If we have to face a daily downtrend, lower target an be expected and 7800 usd is possible.
c/ MACD : Under bearish crossover, and crossed the centerline, so under bearish territory. That's look bad to be honest at the moment, let's see on daily close.
4 hour
4 hour:
a/ Market structure: Break of Bullish Market structure because we broke down strongly, breaking the low that created the top. We tagged resistance and got rejected. A close under 10100 is your trigger for downside continuation . Volume is decent and we can expect sellers to step in if we see continuation. Chart is here.
b/ RSI: Broke down the trendline. Look like momentum found some support here.
c/ MACD : Under bearish crossover and looks like headed to bearish territory.
Cheers.
If today holds, we might be out of the water. Big "if" IMOFirst green day based on the Cashflow indicator since July 23rd. If this trend continues into tomorrow, we might be out of the water. Continuation tomorrow is very important. If we see positive action tomorrow, I will be going long on several discounted commodities. Let's wait and see my friends!
USDCHF Buy Limit Swing Trade Idea USDCHF
----------------------------------------------------------------------------------------------------------------
So we have been experiencing a huge downtrend for this pair since weeks. Dollar weakness contributes to this as well as huge uncertainity in the market because of trade war and interest rate cuts around the major economies.
I have a huge demand area on the weekly and this is where buyers will come back into the market. the bullish momentum that price faced many months ago started here and so many more buy orders are waiting to be filled here.
USDCHF BUY LIMIT @ 0.95913
SL: 40 pips
TP: 1.01063
R:R Ratio of 1:10
This should be a very good trade setup
Til we meet again all! Shalom
----------------------------------------------------------------------------------------------------------------
BTC USD LONG Focused Fortune FXHere we have bitcoin on an important zone to go long, we should see the next pump in the bitcoin market very shortly on the break of a channel trendline which is showen, here we could see our wave extended leg to upside, to target the 13,000 level again (another key zone)
RedBand: BTC Tits out & Naked!The following preview has been aprroved for RESTRICTED AUDIENCES ONLY!!
R-RESTRICTED Under 17 requires accompanying parent or adult guardian!!
Description:
I will not provide a meaningful and detailed description of my analysis and prediction. Walking you through my thought process sounds lame. All the more lame is, putting myself in my reader's shoes (No!! I don't know about your personal hygiene. Do you even disinfect you shoes on a regular basis or wear a clean pair of sock everyday?! What if you were wearing those shoes when you were getting rekt?!) and trying to understand the context based on what I wrote (well in this case, that which I did not write or that which I wrote about me not wanting to write). Clearly stated profit targets and stop loss areas are overrated!
Cheers!
USD/CAD READY TO EXPLODEMONTHLY: HUGE BEARISH ENGULFING CANDLESTICK, ENGULFING THE LAST 4 MONTHS CANDLES
WEEKLY: SIGNIFICANT TRENDLINE BREAK
DAILY: PRICE STUCK IN THE BOX, WAITING TO RETEST THE BROKEN SUPP WHICH ALSO CORRELATES WITH FIBONACCI GOLDEN POCKET
#TRADESAFE GUYS, I'LL CATCH YOU REALLY SOON
Further Bearish Momentum? - Daily Interval - XBIOHello Successful Investors,
The stock (XBIO) has endured quite a concerning amount of negative (bearish) PA within the last few weeks... what is even more worrisome is there might even be greater south-side movement.. be diligent and plan accordingly prior to entering this volatile stock.
Resistance Level 3 - (13.00 - 14.15) 1.15 cent interval
Resistance Level 2 - (10.30 - 11.45) 1.15 cent interval
Resistance Level 1 - (8.75 - 9.90) 1.15 cent interval
Key Price Zone (KPZ) - (7.00 - 8.30) 1.30 cent interval
Support Level 1 - (2.90 - 4.05) 1.15 cent interval
Furthermore, the current catalyst that derived such behavior is the "$15 million of under-written stock"
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
Consolidation - 1 hr Interval - CODX Hello Successful Traders,
The stock (CODX) has manifested an immediate reversal in direction within the early bell. Even though the PR had presented valuable insight on "High-Performance Detection of Cancer Mutation in Liquid Biopsy Samples" (TD Ameritrade). Be diligent as there could be a very quick and sporadic movement to the upside (bounce - bullish). Await confirmation prior to entering the market.
Resistance Level 2 - (1.50 - 1.85) 35 cent interval
Resistance Level 1 - (1.45 - 1.65) 25 cent interval
Key Price Zone (KPZ) - (1.30 - 1.55) 25 cent interval
Support Level 1 - (1.10 - 1.40) 30 cent interval
Furthermore, fundamentally (CODX) has been enduring quite significant volume. Perform diligence and analytics properly
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
GBPNZD | Retrace on its way to 1.9020I highlighted GBPNZD awhile ago and my outlook hasn't changed at all. Goes to show how important patience is in trading - price broke the level that I want to short from 9 days ago.
Patience - a bearish rejection off the 1.9020/1.9050 zone sets us us up for a potentially very profitable, medium to long term short.
Short IdeaLots of shorts playing the bearish divergence currently getting their heads squeezed off their necks.
be patient and wait.
EUR AUD - Trade Idea - Long or SHort - Patience will WinHello all DuncanForex.com with another trade idea
This one is dependant on Market conditions,
It is currently consolidating - sitting on Support whilst lower highs are continually made.
It is creating a triangle pattern and I am waiting for it to either break out and retest above the triangle or break out and retest below for a short opportunity.
I have alarms set in tradingview for the price to break certain price levels.
Lets se what happens.
I am conscious that to the left, is a large monthly pin bar - so at a point, I do expect EURAUD to head lower, however it may not be yet - we will see
thanks for looking
Feel free to go to my landing page where you can subscribe for website news and upcoming detail for when the site is to open
Thanks for your time
Duncan
RVNUSD looks for a better support zone. Where are the targets? Hi,
In the past days RVNUSD has broken out of the consolidation and is now retesting the .78 of the rally.
Typical for a confirmation is a break above or below a valid resistance or support and retest to confirm its value in the market.
Exactly that has happened yesterday and we have seen a volatile answer to the retest of the intersection between the boarder of the consolidation and the 0.78 line of the small move to the upside which took place after the flat correction of the rally earlier this year.
To find out where the price is moving to we simply measure the heights of the consolidation and project it at the place where the breakout occured. The middle line is a target as well as other valid support zones in that area. These are in the first place monthly support zones and fibonacci retracements of the rally as well as the target zones of the consolidation .
The intersection between them can give good opportunities to spot opportunities to sell or to buy since they are often the places where reversal or continuation patterns are formed.
Before entering a trade wait until the common centre line is broken and check the fundamentals and the market before entering the trade. I advise to use a top-down strategy as well as multiple timeframes to perform well in the markets.
If you would like to learn more about technical analyses please check out George Beaulieu on youtube.
Thank you very much for reading and f you would like to see more analyses about this particular instrument please give the thumbs up or let me know what you think in the comments below.
Be happy and trade with care
Heish
DONT TRADE THIS CHOP BLOCK!Mess.. The lauch was a perfect tick for tick minute candle match to DXY this morning! dudnt check until after :(
This pattern plays all kinds of random games. There is no top and bottom (general terms). The only thing you do know is it cant move left! It could chop for an hour to the bottom.. or it could take 2 weeks. DO NOT BE FOOLED THIS IS VERY BEARISH. I do not PERSONALLY believe we will correct this far (if at all)
IF by chance we do - they will pump up HIGH to liq all shorts beforehand, so DONT THINK YOUR AT TOP UNLESS HOLDING FROM 2017!!!!!!!
It hunts stop losses (confirmed and next time im making a video!)
it has no support or resistance bc bots are mainly in control here...
Volume doesnt mean jack ive realized specifically over last 24hr
YO(U WILL GET CHOPPED!
IF WE ALL DONT TRADE THIS SCAM IT WILL STOP, CORRECT, AND GIVE US A CLEAR ENTRY - but i ccant save the world only me. nManipulation is at its best now... out of control IMO. Im done for a bit - will trade forex with crypto on primexbt for now! (TA WORKS!)
Best of luck. DO NOT WALK AWAY FROM YOUR SCREEN WITHOUT CLEAR STOP LOSSSES YOU ArE WILLING TO TAKE! I SUGGEST JuST PLACING SEVERAL BUY ORDERS AROUND 7175 (Wont break) and up! (AND BE PATIENT!!!!!!!)
sry about typing, having nerve problems with right hand as of yesturdat and i cant move it in random directions... ;(
check out trends to BTC.D and DXY (all 3 together urself)