Ribbons
USDJPY is still bullishWe all know about the USDJPY supper bullish trend! Considering Japaneses officials speeches over yen, a correction was expected but who knows if it's just a correction or a reversal?
I see good probabilities for a good R to R around coincidence of Bullish channel Mid-line, consolidations range occurred between 1st to 5th of September ( which is a base candle in HTF) and probable MA100 dynamic level.
USDCHF will be the paradise of scalppers in next few days.There is not any strong dynamic nor static level in the way of the pair.
I think trend follower scalpers could make good money out of the pair these days. Moves are sharp and there are not serious problem in the way of the pair.
So, turn on your trend following experts ( trading bots ) to enjoy the good probable profit.
I recommend fast and slow EMA crossover.
Buy XRP around the zoneBuyers did not tolerate breaking of the level!
Generally, by breaking a level down more sellers join the market, if buyers be able to move the prices even higher the broken level it's a good sign of their power. some classical analyzer may find a Head and shoulder here!
Bulls are so strong and price react bullishly to the dynamic levels. I'll buy some XRP around the level and keep them until the VP line is touched. If it easily broke the line I'll keep them to the next level but if I see enough rejections in LTF I'll sell them all.
In case of SL I suggest the stabilizing under the trend line as the SL.
GBPUSD furute depended on so many antithetecal factors! Pound-sterling is struggling to break it's MA100! If it does so, there MA25 might be a perfect dynamic level for responds of the pair.
MA25 might be a good dynamic level for short trades too! So I'll just take this pair under observations and I will not trader until the yellow box is broken.
Both green and red levels are strong.
The red line is aggregation of supply zone and VP of the resistance and may coincidence with MA200.
The green line is also strong support level.
wining of bulls is much more probable due to fake break out of 7th of September.
Ribbons and sup_and_dem analysis and trading setup for EURUSDAs you can see strong dynamic level is broken up and in case of probable reversal I will long the pair around the demand zone.
TP is around the VP of the last significant reversal which coincidence with dynamic level.
SL is just below the zone!
I think the long-term channel may be broken temporarily.
We do have chance to short from the VP level.
Ethereum (ETHUSD) struggles with its first 4 hourly taskEthereum struggles with its first 4 hourly task.
Detail view on 1 hourly chart shows a rising wedge with MA Ribbon as resistance.
Come on Lady Ethereum - if Bitcoin is a Mr. ;-)
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
Ethereum Crash ? - NO ! This is only a slight correction so farSince the MA Ribbon switched bullish after the Corona Crash on 25.04.2020 Ethereum closed only 7 of 114 candles below the EMA26 on the 5 day chart (orange line). The correction at that time endet at the EMA60 (green line).
The current correction is even above the EMA8 at time of writing - Ladies... nothing happend so far :-)
*this is no financial advice
CoRA Ribbons - Two ideas how to use themSince CoRA Waves and Ribbons could help you to identify the trend better and more reliably, this indicator provides a good baseline for your strategy.
The indicator " CoRA Ribbon - Multiple Compound Ratio Weighted Moving Averages " (#revision: lv21) was used in the following screenshots. Information and details on CoRA waves can be found in the description of the indicator.
Let yourself be inspired. Let's start.
These are just two of the many possibilities. I look forward to any further suggestion or idea. Comments and additional screenshots are always welcome.
Even if CoRA Waves lag less than other moving averages, note, as with all other strategies, that one indicator alone is usually not sufficient. Usually further analyzes and the like are required. Therefore, understand the two examples for what they are: A hint that it is worth taking a look and perhaps one or the other known moving average can be exchanged very well with a CoRA Wave or a CoRA Ribbon - in order to get faster entry points.
Hash Ribbons Signal Suggests $23k ETH by AprilIf history repeats a similar move the final Hash Ribbons signal that was posted prior to the historic bull run in ETH returned nearly 4,300% over 126 days. If a similar moves happens then ETH will target $23k by April 2021.
We are still very young into the upside in ETH. Buying here at spot would be a one time heavily discounted opportunity. We will have days in the not so distant future where we will see $1000 green candles.
GBPCHF EMA's RIBBON strategy Simple and effectiveGBPCHF
Price has broadly moved above the EMA's ribbon its one of the easy method to predict the trend on September 08 the price felled below the ribbon and the selling happened rapidly. Whenever the ribbon is constricted the trend going to reverse and if the ribbon is widen enough still the upside/Downside momentum is intact
In GBPCHF the ribbon was turned upside and its showing some sign of bullish trend. The price trading around 50% Fibonacci level. We can expect short term downward play before the bullish run. Series of bullish candles are formed n H4 timeframe
The swing target would be 1.20500. Stop lose may placed below the 38.2% Fibonacci level
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