Reverse Waterfall Pattern in Action - Moon Power activatedAfter we almost completed the reverse waterfall pattern on the 1 hour chart, I expect this ongoing wave in gold to get us to approximately 1420 till the end of December this year. That could possibly open the way for moon power to be activated in 2018 and 2019, which could shoot gold to the moon and possibly above. Trading involves substantial risk, don't sell your house and buy gold (yet).
Power
GBPCHF– Buyers might looking for higher price levels.GBPCHF– Buyers might looking for higher price levels.
Trend: Strong Buy
Support/Resistance:
R4: 1.32568
R3: 1.31354
R2: 1.30288
R1: 1.28926
S1: 1.28275
S2: 1.27360
S3: 1.26577
Price action:
Sellers are working on potencial sell because of weak eur currency on the other side. Sellers has to break S1 and then will be even more stronger then, they are now. Nzd currency is same showing good power from overall perspective, which made this currency pair more attractive to trade.
Potencial trade idea:
Bulls targets:
T1: 1.30288
T2: 1.31354
T3: 1.32568
Bears targets:
T1: 1.27360
NOTE – We are trading GBPCHF via the preferred trading setups
ELITEFXACADEMY
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
EURJPY GO LONGGGThere are many factors in which I noticed this market is on a up trend I plan on taking this to the upside for at least 20-30 pips maybe more depending on the New York open in a few hours. My tp's are 120.179 (20 pips) and TP 2 would be 120.324 ( 32 pips) if you are interested in learning in this trading style message me or follow me on instagram elite_ricky24
Long SPWRYou don't have to be a tree hugger to get this... And, why we need "Earth Day" when every day is Earth Day is beyond my ken. OK, enough about me.
This pattern (and global warming - dang! Sorry.) suggests it might be time to buy SPWR.
If you are in California, affected by the fires in any way, my heart goes out to you.
A trading opportunity to buy in POWERETHTechnical analysis:
. PowerLedger/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 29.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00060000 to 0.00054000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00060000)
Ending of entry zone (0.00054000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00065730
TP2= @ 0.00071260
TP3= @ 0.00077540
TP4= @ 0.00083970
TP5= @ 0.00094600
TP6= @ 0.00111160
TP7= @ 0.00155120
TP8= Free
Bullish 10p & 16.66p target - H&S - RSI strongExtremely bullish here as progress is being made within the company.
Please watch latest interview with Tony Gilby at Proactive investors.
A very strong Q2 coming with newsflow!
We have an H&S pattern and are within a range at moment 5.36p-6.34p so once that breaks then momentum will come.
RSI seems stronger even at this levels which proves there is some volume buying
10p is a solid target for a good slice but ultimately 16.66p is the best one. after that long term as gas flows & revenue increases then this could become a major company with over £100m £300m mcap +
Very bullish / 200ma strong support / Resistance 10pOne of my favourite patters with perfect waves.
Bought in this stock 4 tranches on every 200ma touch.
Delayed news already priced in and plenty of sticky holders.
Massive project in Mozambique to supply a 300mw of power.
Government on board and awaiting final go ahead timetable.
Long-term Buy trading opportunity for POWERETHTechnical analysis:
. PowerLedger/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00060000 to 0.00054000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00060000)
Ending of entry zone (0.00054000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00065730
TP2= @ 0.00071260
TP3= @ 0.00077540
TP4= @ 0.00083970
TP5= @ 0.00094600
TP6= @ 0.00111160
TP7= @ 0.00133150
TP8= @ 0.00155150
TP9= @ 0.00186430
TP10= @ 0.00226270
TP11= Free
USD/ZAR due for a correction soonBad news in South Africa (power utility troubles caused the price to rally extremely high). The situation is somewhat normalized as of now but insolvency issues for the power utility company still persist.
RSI shows super overbought so expect a drop sometime soon after slightly more uptrend and perhaps sideways.
This is still in a strong downtrend on the daily chart so I'm pretty sure the trend will continue.
SHI - foreign LNG for AsiaSinopec crossing MACD and entering positive CCI just above $46 on weekly candles. $68 by years end?
[POWR/BTC] Moment for POWR is coming [Pot 20-125% Profit]#POWR / BTC ( Binance , Bittrex )
Buy Range : 0.00002750-2830
Stop Loss : Not recommend for Long-Term
Target 1 : 0.00003185
Target 2 : 0.00004490
Target 3 : 0.00006646+
This signal was given on my private service some days ago a little bit cheaper. This coin has been sleeping and falling a lot of time. However, the way for recovery is powered on and this pretty undervalued coin has to rise and recover soon.
Some reasons to trust in this coin :
- Strong fundamentals behind this trustable asset
- Falling Wedge pattern nearly broken
- Weekly charts nearly to looks good. CCI could cross into green in some weeks, MACD crossed and going up, Stoch and RSI pointing up
- Daily and hourly charts looks really good for short-term. Bullish momentum extending, supported by moving averages and good performance
- Altcoin market started to looks good after bleed as hell and some coins like this are really cheap
My goals should be easy reacheable for the next months if bull market finally arrives.
Good luck