Short-signal
ETH/BTCETH will Pop soon.
Fell to range midpoint and has wicked below several times filling buy orders. Trend looks like it is starting to turn bullish after price fell back to value.
Avg Entry currently 0.0313 (continuing to buy)
Stop loss. I am using a Soft Stop on this one, so I do not get wicked out, but it means I am carrying higher risk on this trade. A smart stop would be the recent low at 0.0298 (finance) or 0.02964 (Bitmex). Will update here if I stop out.
Short term target is 0.0388 or above
Initial Target for breakout of long term range/consolidation (Low Dec 2018, High Jan 2019) is 0.0475
Reasons:
OBV moves have a correlation with Price moves of 1:1 - 1:2 OBV:Price
Initial move off low on great volume and force than we have seen in 18 months. Most recent high at 0.0348 has a high probability of being retested and exceeded:
ETH/USD - very bearishTarget 1: 110
Target 2: 80
Blue triangle indicates the current range.
Red box is sell.
Red lines indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
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EUR/NZD 1000 pips tradeEUR/NZD bounced off an important weekly support. It seems that we have great opportunity on our hands to buy that pair and hold it for a couple of months. I will be looking for 1.78 region to take profit (unless something else forms along the way). Also stops should be placed below the support level (don´t forget to leave enough space for price to breathe)
Short NZDCAD - lovely OpportunityShort NZDCAD , Based on Support/ Resistance. Always have good stops in place so you don't blow your account. Never play with money you cant afford to lose or you are just gambling. Good target and stops in place. I don't win 100% of the time , but as as long as your R/R is good you have a good chance of beating the markets.
Good luck.
EURCHF SELLWe could expect EURCHF to pullback and reach our target on previous resistance level to correct imbalance levels.
Profit target 40 pips, risk reward 1:2
Stay tuned and feel free to follow for more ideas.
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