Resisitance
TREND LINE RESISTANCENo matter how bullish peaple are so far we had 4 points of chart returning back from the trend line resistance in order BTC to start a bullish market it needs to break this resistance and only after that we can discuss about other price resistance sunch as 45500.So far far i think we can expect some small bullish movements but it's gonna be safier to place the shorts within your own strategy shorts signals. Just an opionion for the moment .
XRP/USDT (RIPPLE) Resistance line BreakoutRipple Technical Analysis Update
XRPUSDT Currently trading at 0.270'
Entry-level: Above 0.270 ( only enter after the 1-day candle close Above the resistance line)
Resistance level 1: 0.327
Resistance level 2: 0.375
Risk Reward Ratio : (1 : 4.3)
Support level or stop loss: 0.242
ALWAYS KEEP STOP LOSS...
USOIL 34.33 + 1.41% LONG IDEAGOOD DAY EVERYONE
HERE'S A LONG IDEA ON THE US OIL COUPLE OF SCENARIOS ARE POSSIBLE ON THE COMMODITY SO IF WE TRADE ABOVE RESISTANCE LEVEL 34.66 LOOKING FOR CONTINUATION TO THE UPSIDE IF YOU TOOK THE PREVIOUS IDEA ON USOIL ADJUST YOUR STOP LOSS TO JUST ABOVE PREVIOUS PENNANT AND HOLD ...
RISK MANAGEMENT
SWING TRADE
EURUSD start fallingEURUSD is going to start falling or never. We are now heading to March US debt ceiling and French election One of the Candidate Marine Le Pen launched her presidential campaign, promising to put France first by freeing it it from the “tyrannies” of globalisation, Islamic fundamentalism and the European Union. If French election is favour Le Pen, EURUSD will cascade down. further more, UK will start Brexit in March so Europe is full of uncertain.
Moreover, the Greece debt problem will be due on July this year. Although Greece has suffer along and have achieve Fiscal surplus for 1% of GDP, some IMF offical still insist Greece have to achieve fiscal surplus of 3.5% in 2018 in order to get aid.
Weekly Chart of EURUSD is showing a rebound to previous support line and also 20 week moving average and hit resistance. Stochastic is showing overbought means it is a bit difficult to get further rally. if EURUSD break below 1.05 then it will open up the way to parity.
GBP/EUR Short at Channel ResistanceWe are approaching the top of an upward channel, this key area of resistance is a good area for a sell opportunity. This is supported by divergence, that suggests that the next peak will be lower than the last - which would fall at the top of the trend line. Before placing a trade wait until the candle closes, if the candle closes outside of the trend line the set up is invalid. Finally, this upward trend has a bias to break to the upside, so this opportunity needs to be considered thoroughly.
Bullish Gartley Pound/DollarPrice has recently danced around the 1.241 level and appears to be moving in a Gartley formation. The potential reversal zone is calculated to slightly below this level but this is still indicating that price will bounce when the level is next retested. It may be wise to drop to the 1hr chart to seek a more accurate entry using candlesticks from a lower timeframe.
Gartley Ratios:
AB: 0.618
BC: 0.382-0.886
CD: 1.272-1.618
XD: 0.786
UK100, what's next?Hello guys! happy new year.
UK100 indice is printing a nice range here and as we can see, it's at a very important point. Break or reversal? Our 2 most important questions. AS usual, we're not the one to decide, so let's watch it and see what the market will decide in the next coming candles.
As for a personal analysis, I bet for a reversal. Price is at the resistance, we have a doji candle and not much volume in the market for price to break the 3 months high. Still, let's wait for the upcoming candles.
GBPNZD - Bearish continuation after 50% retracementThe GBPNZD 50% retracement from the last major move appears to be holding. Indicators are suggesting oversold values and weakening bullish pressure. The red rectangle is the projection based on the 50% retracement.
A pending sell order has been place a few pips below today's low at 1.748. SL is safely above the highs of this retracement.
GBPNZD likes to make big moves so be ready for a roller coaster ride.
XAUUSD two Bat PatternsHello traders,
Both patterns cannot be taken simultaneously. It is one invalidates the other.
Potential long opportunity 1245.13 with 3 drives pattern confluence, trend-line support and follows bullish move up.
or potential short opportunity 1298.25 minor resistance confluence.
Typically I look at RSI conditions (overbought, oversold or divergence).
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