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Patiencepays

NZDCAD Swing Trade Idea (LONG)NZD/CAD ------------------------------------------------------------------------------------------------------------------ This past week, price experienced a heavy move into weekly and monthly demand. Since then, price has kept moving up. I see a reversal in trend and thus this bullish trend is definitely starting Additionally, a Head and Shoulders pattern has been successfully formed and this gives us insight on how strong the move will be. Note that this is a daily move so this move can carry us to the rest of the year. A pullback to the previous swap zone should be enough for us to enter the trade. R:R 1:8 SL ~40 pips TP ~320 pips This should be good because we are expecting CAD weakness in the coming months as well. Take care beloved! Until next time. ------------------------------------------------------------------------------------------------------------------
Long
by ricky1270
AUDNZD Buy to sellI happen to notice a downward trend forming, particularly on the 2 hour time frame was easy to notice. I drew two trend lines, and saw price had bounced off the bottom trend line. Therefore I may have waited for a sell from the top. However, I did notice price start to retrace back down. But came close to the bottom portion of the trend once again and went for a buy. As price started to go up, i drew the fib from the new low, to the previous high. Now I have a take profit area, matching the upper trend line with the fib tool. And from there will proceed to look for a sell set up.
by limitlesslee
1
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 ----------------------------------------------------------------------------------------------------------------
Long
by ricky1270
1
Patience Will Pay Off For XRP HodlersPatience is a virtue, XRP hodlers understand that statement. XRP has been in a massive downtrend since January of 2018 and no amount of news or announcements has been able to break it out of the downtrend. BUT, it has been in a slight uptrend since mid August 2018! XRP is strong, fundamentally speaking, and I believe it will continue to be a Top 3 blue chip cryptocurrency. I have marked my first 4 price targets with my fifth (T5) being a return to its weekly ATH close at $2.76 (800% increase). It's time to start buying small amounts of XRP until the downtrend is broken. You're never going to time the bottom of a stock or coin, that's why DCA is so helpful, especially when prices are this low. Everyone is scared to buy XRP and that's the time to buy. When XRP runs, it runs fast and hard, don't get left behind because of greed for a lower price.
KRAKEN:XRPUSDLong
by ParCrypto
EURCAD SELL Swing Trade Idea (LIMIT)EURCAD - SELL Swing -------------------------------------------------------------------------------------------------------------- Price has been in a downtrend for a quite some time. Last week, price has rallied earlier on just to decline heavily. This was because of receiving new sell orders at heavy supply zone above. Price will now return to that zone because not all the orders were filled when price went to that zone. Now it will have its first touch of that zone and we usually say first touch to any zone is the highest profitability trade one can ever have. Hence why trade idea, we now have. Sell Limit @ 1.50059 SL: 50 pips TP: 1.45786 R:R Ratio of 1:8 That's all for now Take care until now beloved! --------------------------------------------------------------------------------------------------------------
Short
by ricky1270
2
BTCUSD, breakout and reached target IHi! BTCUSD formed a triangle, breaking below and retesting the edge of it nicely on the 2 hour time-frame. From there on it has reached the first targets where we have seen a period of profit taking at half way to the first target zone in the form of buy orders being executed. Since we have approached the first bigger scale target traders are likely to take profit here, forming a bullish chart pattern on the lower time-frame around this level. Have an eye on those lines in conjunction with different time-frames. A reversal pattern as well as continuation patterns are likely to be formed around these levels. Thanks for reading -heish If you would like to learn about technical analyses please visit George Beaulieu on Youtube and leave a like.
BITFINEX:BTCUSD
by MeruEU
6
GRINBTC, Is the market ready to move higher?Hi! We have seen GRINBTC in a correctional stage for a few weeks, forming a 5-3-5 Zigzag correction, being now in the last wave of the correctional phase. Yesterday GRINBTC has bounced off the monthly resistance line just to give it away again quickly. This is an indication that the market wants to go lower and we might see a drop all the way down to form a double bottom on the monthly chart. It is advisable to wait for a confirmation of the breakout from the trend-line by using different time-frames and to play the market before the instrument itself. If you would like to learn more about technical analyses please visit George Beaulieu on Youtube and leave a like. Lots of patience to you all and thanks for reading. -heish
G
by MeruEU