Good Afternoon traders! Bitcoin is at it again. At time or writing, Bitcoin is trading at $10,682 and it just bounced off of resistance towards support, here are some key levels we may want to keep an eye on. The daily chart shows Points of Control(POC's) at $10,700 and $10,598, and, the most prominent POC on the daily, $10,400. If we zoom in on the hourly, we can...
We can see strong uptrend on USDCAD i the whole year 2018... For that reason i expect continuation this uptrend in the Year 2019. After correction to the 50 % fibonacci retracement moved up of the Year 2018, can be possible change trend up on USDCAD right now on price level 1.30262... 50 % moved up is so near to the Point of control of the year 2018.... So there...
Until it ends and like anything in life, you can find yourself lost in the wrong direction. I like to keep my analysis simple as the markets are always changing their dynamics. We can see the new uptrend started from our long period of lows which could be a substantial factor to start going long in this pair. As of writing, I would be looking to buy within the...
Good morning, traders. As you may be aware at this time, the VanEck ETF was pulled so there will be no decision in February. Normally, such news would've seen Bitcoin drop a few hundred dollars at the very least and if we listen to the most emotionally bearish among us we should've seen a drop through the 2018 lows. However, we only saw a drop of $40-$50 as price...
if price brakes the very important support of 2635 will resume bearish trend enter short trade. I want to see it brake Pivot P first, in S&P500 (not SPX) this is at 2634 Stop Loss at recent high 26442 Target at POC from 17th of Jan 2605
The last week was nice move down on EURGBP. In this strong sell off i want enter to short position that is why i chose zone close 0.8821. There is really nice POC od the day ( Point of control ). One more thing!! From this zone started perfect move down, so for me it is mean i will be ready for short from this zone... Lets check my last post...
$8200 will be make or break. High volume node at $8200 (38.20%) Fib retrace. Also happens to be a Point of control. Expecting heavy resistance just be prepared for that.
2/13/2016 - RHI already closed the gap from the post earnings but didn't retrace to its previous close. Initiating short at VPOC with tight stop at 48. Target of 45.50
Bouncing of the POC (Point of Control of the Volume Profile) - while leaving just wicks below it. Also we are having a quite nice Inside Bar hopefully follow by a strong Entry Bar to give it some momentum. (candle not finished yet - so the position sizing is not final -> update will follow) TP1 at previous resistance of 4020 and the final TP area in the upper...