Profits
OMGBTC - Quick update, the stage may be set? now with TP's!Quick update on OMGBTC .
Previous analysis showed us a history of bullflags and a potential bottom of that bullflag. Plus some signs to look for.
The past few days, everything has pretty much played out to plan. But let's not jump the gun and sell the wife to buy OMG .
We've got good support on EMA 100. Right on the cusp of our buy zone.
MACD was looking unhealthy during the pop, and we're heading towards a cross into a potential rebound with shrinking reds. What's good MACD going to do for us?
Stoch has been the signal in the past, it spikes into overbought area territory just before things really start to pop, and we're seeing a strong upward trajectory at the moment without being in overbought area yet. Potential for a cross, but at the moment, very strong sign.
Overall thoughts: We might well be in the setup right now. General financial market movement could stifle the growth a little bit but in general patterns seem to be shortening across the board. If we see RSI continue to grow and strong candles keep posting we're on our way. I mean, obviously.
TP : all along the fib, as this seems to be where resistance and support levels have been falling. If the market wants to use it, we'll abuse it.
#1 - 0.00038
#2 - 0.00054
#3 - 0.00082 (previous high)
#4 - Potential for higher gains... Last pop was 400%+
SL : 0.00018 territory. If we break into the previous trendline it could be a signal of the end of the almighty OMG bullflag .
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“Security is mostly a superstition. Life is either a daring adventure or nothing.” — Helen Keller
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Daily Wisdom 32 - What a loser.It's not that you don't know how to profit. You simply don't know how to lose.
Gold Next move gold hang around 1950 for a wile before it while go up and break the trendline. i think it will bounce of 1965 to retest the broke trendline.
if it retest i will place one more trade on it. after the retest op the trendline it will break 1965 en will go to 1990 or 2K.
also there are a lot of workless people now. the nummer is increasing again. so gold AKA the saveheaven will go up.
GBPJPY H4 - Short Trade SetupGBPJPY H4 - As mentioned, the system doesn't change just because the environment has changed. Setting an alert for 138.000, this is a 382 corrective point, whole number, weekly and local support zone, so 4 confluences there. Will see where we are and how we are looking as/if we hit 138.000 for possible shorts.