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Redzone

BTCUSD - D1 - RED ZONE (62'700 - 65'500) !DAILY PICTURE : Yesterday's closing below the Tenkan-Sen,(currently @ 64'560) and which should be seen as the first important level to look at very carefully. Indeed, a failure, to close, later on today above this point would put the focus on the next significant support level, @ 62'700, already mentioned in my previous analysis (see related idea below) and which is also the bottom of the "RED ZONE". A daily closing above 64'560 would open the door for the top of the "RED ZONE @ 65'500 4 HOURS PICTURE : Once again clouds support zone worked perfectly well in rejecting several time downside breakout attempts. Therefore, I strongly suggest to continue to monitor very closely ongoing price action in order to validate an exit, either on the upside or on the downside of the clouds area ! It is not surprising at all, that, respectively the bottom of the clouds coincides roughly with the cluster of TS and MBB while on the upside, slightly above the top of the clouds you will find the KS resistance !!! WEEKLY PICTURE Weekly closing level tonight will also be important for further development; indeed, a second potential "shooting" star is in progress on this weekly chart. Looking broadly on this weekly time frame, the trend is still pointing to the NORTH; main support being around the 54'000 level (uptrend support line and TS) CONCLUSION : Monitor closely price action, in starting from very short term time frames (15-30 MIN) to get intermediate signal (s) which should be validated by longer time frames !!! Have a nice Sunday. Take care and all the best Ironman8848
GEMINI:BTCUSD
by Ironman8848
1
CARDANO: red zone alertThe week start of crypto market wasn't good for Cardano ADA, the wave of massive selling. The brief period of recovery of the digital assets is interrupted with prolong period of downtrend with the tenth most valuable virtual asset trading in red. In the bearish period, Cardano has spiked nearly 7% in the last seven days, however, the token has dropped almost 45% in the past one month. The key support level is at $0.0410 and at the moment, and coin is trading below that level. The MACD suggests that the digital asset is gradually dipping into the bearish territory while the 100 EMA line points to the current stable trend. The hourly RSI indicator is traced at 40.6, which indicates that ADA is marching towards the oversold level in the market due to heightened seller pressure. The total market cap of the virtual currency stands at $1,02 billion at the time of writting, according to CoinMarketCap. At press time, the token has inched down almost 1.82% against the U.S. dollar to trade at $0.0404. Trade with caution guys.
BITTREX:ADAUSD
by JaneParker
4
GBPAUD: Very nice structure tradeHello traders! We have a very good shorting opportunity on #GBPAUD. As we see the market is in a bearish trend and it is a good moment to go short at the structure level around @2.0953. There is a confluence of fibs and bearish divergence. I see this level is very strong and it will be hard to break up. If the momentum will slow down, and I think it does, we should see the downfall. Our targets will be the minor structure @2.0735 and the target 2 will be 2.0337 -- Avto_T Financial Analyst www.rcpforex.com
by RCP
EURJPY: Harmonic-Structure based setupWe have a very nice shorting opportunity on FX:EURJPY . There is a bearish bat pattern and a very nice structure resist @137.00 level. Look left for more confluence. Our targets are located on key structure levels as well and stops should go above the red zone. This is a very nice setup to sell. Avto_T Green Luck ---------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
EURNZD: The week of HarmonyWe have another harmonic moves on FX:EURNZD . This is ABCD pattern, which is almost completed and it is a good time to go long. We have a very nice structure at this level, look left and confirm. Our targets will be 1.7370-1.7570 levels. But watch 1.7292 level, it might be a hard shell to breakout. Avto_T Green Luck ----------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Long
by RCP
GBPAUD: The great setup to go longHello traders. FX:GBPAUD is ranging between the channel and making harmonic moves as we see on the chart. the best opportunity to get involved in is to wait until the price finishes ABCD pattern @2.1260 at the channel support level and then go long. Besides this ABCD pattern is in 3 drives pattern. If you look left we have a very nice structure at this level. As we see the C leg of the pattern reversed at the edge of the channel which was the 3rd retest with the confluence of 200MA and long pinbar. Avto_T Green Luck --------------------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Long
by RCP
8
USDJPY: Market is in HarmonyFX:USDJPY is in a harmonic move these days. There was a bat pattern and now we are in the next bat pattern. And this is a great opportunity to go short. As we see price has not hit the D leg yet. We have an additional confluence bearish divergence. The R/R is very good, stops go above 120.26 and our targets will be 119.21 and 119.79. Look for structure levels. Avto_T Green Luck -------------------------------------------------------------------------------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
NZDUSD: Trade of the Week!This is the opportunity which I was watching the whole week. We have a very nice setup on FX:NZDUSD To start with there is a perfect ABCD pattern, completion right at the resistance level 0.6455. Besides we have a confluence of fibs 1.272, at this key level I look the price to hit the channel edge and finish the channel, as we see we have 2 touches below and 1 touch up with the potential second touch to complete the channel. R/R is also very nice. Avto_T Green Luck ---------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
2
NZDUSD: The Great OpportunityI see a great opportunity to go short on FX:NZDUSD . We have a very nice triangle pattern with very interesting key confluences: 1. Price has tested the triangle resistance once more 2. Fibs 78.6-88.6 (little one) 3. Fibs 61.8 (big one) 4. Nice shooting star candle. Our targets are: 1. Next triangle support level 2. Nearest structure support 0.6290 3. Fibs extension 1.272, which will be the completion of potential gartley pattern, and there we will have an opportunity to go long Keep an eye on this pair! Avto_T Green Luck ---------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
AUDJPY: Very nice harmonic setupHere is a very nice shorting opportunity. Bullish gartley with several confirmations: 1. weekly pp 2. 200MA 3. structure resist We have a very nice R/R for both targets. Both targets have structure backup if we look left. Avto_T Green Luck --------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
AUDUSD: I Smell BullsThere is a very nice potential rally on FX:AUDUSD . As we see price has broken a bearish trend @0.7021, then made a pullback, then tested the high @0.7040 and now is ranging in ascending triangle. If the price breaks the triangle and makes HHHC, then we are in a bullish market. Our potential target is next structure @0.7096 with the confluence of 1.618 fibs extension. Besides we have a very nice confluence of triangle based targets rule. Avto_T Green Luck ------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Long
by RCP
EURJPY: Very interesting setupSunday morning traders! For Monday there is a very nice shorting opportunity on FX_IDC:EURJMD There is a very nice structure resist zone with the confluence of fibs -38.2-50.0. If you look left we see these key levels, which are our reversal zone and price is more likely to fall down until 133.67 for target 1 and 133.15 for target 2. Lets see what the price does on Monday. Avto_T Green Luck --------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
1
EURAUD: Still BearishGood morning/evening traders! As we hit our targets from yesterdays trade on FX:EURAUD , I see another good opportunity to go short again. This time we have a H&S setup, and price has broken the neckline, now I am waiting the retest of neckline to become a resistance for more confidence and the go short all the way down until the key support level @1.5674 and the secondary target could be 1.5619. But the best choice is the first one. Avto_T Green Luck -------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information, fill the survey form and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
EURAUD: I Smell Bears!Here on FX:EURAUD is a very nice shorting opportunity. The price is entering the reversal zone which is a strong structure zone, look left for more confluence. We might see a double top and then fall down, or straight fall down. I prefer to wait the double top for more confluence, and then go short all the way down to the next structure levels: Target 1 and Target 2. Our stops go above the resistance level. Avto_T Green Luck -------------------------------------------------------------------- ATTENTION: Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information and reserve your seats my friends! Follow me and be the first to enter our world! Facebook Page Facebook Group Twitter Pre Launch Survey
Short
by RCP
3
USDCAD: Close to Short LevelHello Traders! Today on my radar is FX:USDCAD As we see price is approaching the key resist level which will be the must watch level to go short. Currently price is moving in the wedge pattern and @1.3310 we might see the false breakout in order to test the wedge resistance and then fall down. As the price has tested this level many times, there is a probability of breakout and rally up and make new highs. But here is the issue: The price is the 11 years high, and according to this 1 month consolidation phase, I assume price has lost the steam and its time to come down and set our targets @1.3204. If you are a swing trader you can adjust the targets according to your edge. Avto_T Green Luck ----------------------------------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information and reserve your seats my friends! Follow me and be the first to enter our world! Pre Launch Survey Fb Group Twitter
Short
by RCP
7
GBPJPY: The Bat is Readywe have a very nice Bat pattern on FX:GBPJPY which is almost completed. Stops must go below the structure level 184.22, look left and check it. And our targets are 38.2 and 61.8 fib levels with the confluences of very nice key levels. Be aware that price has a high momentum, let it calm down and then go long. Besides we have a very nice confluence of weekly S1 right at the structure support level. Avto_T Green Luck -------------------------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information and reserve your seats my friends! Follow me and be the first to enter our world! Pre Launch Survey Fb Group Twitter
Long
by RCP
EURGBP: Break and Ready to SellSooo, we have a very nice breakout on FX:EURGBP after a long term retests of the structure level @0.7240. As we see price has broken the structure and it is more likely to retest it and then fall down. And there is a good opportunity to sell at this level. I assume price will reverse somewhere in red zone and our targets will be somewhere in 0.7176-0.7146. So keep an eye on this reversal zone. Avto_T Green Luck ------------------------------------------------------------------------ ATTENTION: Very soon, the best forex services will be available for you traders. Contests, bonuses, the so called “Big Deal” service, which you have never faced before and many more friendly and individual services. Please Click here for more information and reserve your seats my friends! Follow me and be the first to enter our world! Pre Launch Survey Fb Group Twitter
Short
by RCP