Short-term
AUDUSD 60M getting ready for a move downAUDUSD after a tremendous bout of bullish strength, price is due for a correction. Currently the price action is moving correctively to the upside, showing signs it's ready to head lower anytime soon. The move down will be a very welcomed one as I am very bullish long-term on this pair (see prior analysis). A correction lower will provide an opportunity to add to my long position. Will pay particular close attention if price makes it all the way back down to .7000 handle.
If you'd like to be in the loop on even more stellar setups just like this one including how our free community took advantage of a 1,700+ PIP MOVE that was posted in advance join our Free & Friendly Telegram Channel @ t.me
#PriceActionIsKing!
Trade with care my friends! :)
$SYSBTC Syscoin Short Term Long Channel Bounce 1 Hour Time FrameWatching a short-term 1 hour bullish engulfing candle bounce play off of support. I'm long at current level and looking for price targets at or above the 1460 satoshi area. Don't fall in love with her just trade the bitch! Viva La Crypto!
Short term Long PositionProbably down trend will break from 0.236, it has corrected enough. Take profit should be step by step on each fibo lines
TP Points
1. %25 at 0.382
2. %50 at 0.5
3. %25 at 0.618)
SL
1. %50 15.05
2. %50 14.95
This is not an investment advice! Take your own risk and use your own brain....
DNA ShortDNA has shown immense growth since 24th Dec.
0.050 --> 0.098
Showing strong resistance performance at 0.095, and a solid resistance at 0.084 on 28th Dec.
RSI still above 35
Volume is extremely attractive 40m+
There is a lot of indication that the price is way overvalued, great time to short.
Entry: 0.085
TP: 0.075
Stop Loss: 0.090
Entering a supply EURUSD , clearing for a bullishEURUSD in a short term entering shorts from a 2h supply. IM expecting a bullish move for the FOMC later. Hence I will lock in the profit and trail it. IF the move drop severely, IT will hit my TP. THen Buy the pair again at the demand below 1.1320.
Becareful later on the FOMC minute!!Risk little but gain more.
$GDX $NUGT $JNUG Short play - Is this where you want to go long?I rarely post two charts in a day but this one seemed pretty good. Self explanatory chart, Classic support turned resistance. I also see divergence between the price of gold and the gold miners, with gold not moving at resistance and GDX pushing up. I think that signals GDX is over extended. I can update it later to put more detail if needed. Short/sell at the Red rectangle, cover at the green ones.
Keep in mind this is 2016-2018, seems pretty solid. If you agree/disagree leave a comment.
Update: Forgot to add there's a trendline we're hitting if you connect Jan 23 2018, July 10 2018, and now. That's lot of resistance signals in one place.
GBPUSD: 1H Sell OpportunityWave 4 in progress. It has already touched Fib 38.2 level and Stochastics, MACD are showing signs of its retracement to complete wave 5.
SL: the previous support turned resistance level (1.26106)
TP: Slightly beyond the wave 3 termination level (1.25293).
This is my opinion only. You may need to workout your own analysis to enter the
GBPCAD: London Session Good Morning everyone,
We are looking at the intraday chart from GBPCAD, which shows us a nice divergence during the London Session start. After a bear cycle with two corrections (marked in yellow boxes) we entered a buy on the low. We expecting a nice rise during the session with a first correction after the trend line break. This is a short term trade.
Will be updating during the day!
XLM is looking ready for making a big pushXLM is looking fantastic at the time of writing for some major bull-movements on the mid-long term.
1D CM Stoch fired Buy a couple days ago for the first time in a month, and Maxx Momentum has shifted from bearish to bullish awaiting a crossover in the following days. I'm very excited to see where XLM will end!
On the long term we have been holding well despite the big BTC dump which is directly telling me that this is a strong asset not directly controlled by BTCs price movement. Even though we might get another leg down on BTC, I feel confident in XLM holding this range. What we need to take back ATH is breaking up from the current trending channel and getting a confirmed bounce. The orange lines on my chart is not random places. These are daily and weekly levels which needs to be tested and regained for further growth.
Please leave a like if you agree with this analysis and make sure to follow to get more updates :)
Short term relief USD/CHFThe end of last week saw a huge sell off of the Dollar Swissy, with the market overextending through a major resistance zone . Price broke and closed below the 1.0015 area, which indicates to me a possible long term bearish trend could be experienced. Price has moved quickly in a short space in time , closing near the 1.0000 level, at levels of high fibonacci confluence and previous structure. Opening a short term opportunity to possibly profit on a correction that is likely due. With targets at previous structure, I could look for a possible longer-term bearish move if price rejects that level.
DAILY
HOURLY
15 MIN