Short...again Got stopped out at BE. Re-entered once it entered the zone, made a triple top, rejected and retested. Looking for follow through as confirmation.
Shortentry
AAPLThe short entry on the chart doesn't look very promising anymore considering it was already hit previously; a break higher wouldn't surprise me. The long entry between 309 and 308 looks more promising, I would keep my stop tight as a retest of 303~ seems likely.
US OIL GO FOR SHORT BELOW 56.6$ US OIL GO FOR SHORT BELOW 56.6$ TARGET 1 @ 56.15$ AND TARGET 2 @ 55.35$...PLEASE ANALYSE ONE MORE TIME AND TAKE TRADE I HAVE PREDICTED IN MY VIEW... WILL UPDATE IF IT IS REVERSING AFTER SELL LEVEL.
CHFJPY #Forex #ForexTrader #ForexTrading #ForexChartCHF/JPY - Short
Hit a nice support and resistance area.
Hit my third TP on the previous idea LONG i had for this pair.
Now i am looking to catch the move back down.
Any questions drop me a message or a comment
Ben
#PipGainFX
EURUSD #Forex #ForexTrader #ForexTrading #ForexChartEURUSD - Shorting opportunity
Broke a nice zone and is just putting a re-test of that zone.
EUR weakness due to all the Brexit shenanigans.
Any questions feel free to ask
Ben
#PipGainFX
GBPAUD #Forex #ForexTrader #ForexTrading #ForexChartGBPAUD - Selling opportunity
i have my reasons for entry just making you aware that it could be a nice entry
Happy trading.
EURUSD #Forex #ForexTrader #ForexTrading #ForexChartA couple of outlooks on EURUSD.
Already have a double top @ the 1.1 even handle number.
I either expect a third test and then a sharp move down or we will see a bit of consolidation before attempting another move down.
Cant see any strength behind the EURO against the Dollar with all the Brexit shenanigans going on.
Any questions im happy to help. drop me a message or a comment
Ben
#PipGainFX
ABCD Harmonic Patter Confirmed - Short EntryFOREXCOM:NZDUSD
ABCD Harmonic Pattern confirmed!
Considering Fibonacci from points A to B, the price correction from points B to C got to the Fibonacci Level 0.78.
As far as I know, this will make a lot of people to disregard this chart pattern, however, after making an investigation there are also a lot of people saying as long as the price doesn't close after the Fibo level 0.78 the pattern goes (I agreed with this idea).
At this point in the 1H chart, the price is changing direction which is giving us a good opportunity to go short!. My first target point is the zone 0.65600 which is the zero and point one of a few Fibonacci; this point will give me more than 250 pips.
My second and final target is the area of 0.65375, which will give me (if everything goes right) another 325 pips.
My entry point was at 0.65846 and the stop loss was located at 0.65995
Feedback and comments about this analysis and trade idea are more than welcome!
Litecoin Rejected at 0.61 Fibonacci Level BITFINEX:LTCBTC
Strong rejection at Fibonacci Level 0.61, making the price to change the direction and to start going to the bottom of the range channel it's been moving since April 23.
We are waiting for the price to get below Fibo level 0.38 to place our short entry, what do you guys think about this #TradeIdea?
Is Litecoin price correction over?BITFINEX:LTCBTC
After a price correction, Litecoin got to the 0.014000 and it was rejected several times, oscillators and trend indicators are pointing down and also we could mention the triple zero psychological area where the price was rejected. We think there is a good chance to go short and here is our #TradeIdea.
Our Telegram Channel t.me
www.cryptomacrotrends.com
Double Top PatternBITFINEX:BTCUSD
Price has created a double top pattern in 1H Chart, now we are just waiting for a confirmation to go short just below the neckline. Stochastic Oscillator is coming out of the overbought area and we are witnessing a strong bearish candle.
What do you guys think about this entry?
M&T Bank Corporation (NYS: MTB) announced!NYSE:MTB
M&T Bank Corporation (NYS: MTB) announced recently plans to invest heavily on a tech hub to develop financial technology.
Those investment announcements usually have a temporary downward effect on the price, even if the long term effect on fundamentals is positive.
In fact, M&T associated companies have shown interest in financial technology such as cryptocurrencies.
We expect the following price trajectory for the following 2 days:
- Target one: 159.50 (April 23rd close price)
- Target two: 137.77 (April 24th close price)
Stop Loss could be placed as we did or according to your money management.
You may get more info about this at www.cryptomacrotrends.com
Will Ripple remains in the downtrend parallel channel?BITFINEX:XRPBTC
We just saw an inverted hammer almost at the top of the channel, and considering the last few times, XRP tested this top trend line it got rejected and this trend line coincided with level 0.38 ascending Fibonacci retracement we will place a short entry to try to get some pips with it.
Bear's followers there is a trade entry for you!BINANCE:XRPBTC
Ripple its been going down for a while and for the last 48 hrs has been testing the support level 0.00006400, the interesting fact here is, during this time the price had created a descending triangle and now it's at the bottom.
Our trade (scalping idea) goes for a few pips, just to make it fast and more secure, here you have it!
Would it possible for Bitcoin to abandoned the parallel channel?COINBASE:BTCUSD
There are a lot of candlesticks with wicks on it's top and they are creating what it seems to be a descending triangle. Oscillators are located at the overbought section, and all this together might be pointing to a price drop within the next hours.
Ripple rejected at Fibo level 0.61BINANCE:XRPBTC
Even though Bitcoin had a huge jump and reached levels we haven't seen in a while, Ripple keeps giving signs of going down. Placing a Fibonacci from the last swing high within the last 28 hrs, the price was strongly rejected at level 0.61 and now after a small correction, it seems the last candlestick it's weakly testing level .38 and also respecting the downtrend line.
If this level does not support the price, it will go down until level 0 and that is our entry opportunity with it!
Ripple starts the week re-testing support level!BINANCE:XRPBTC
The continuation of the downtrend and the candlesticks provide confirm this market condition. Considering this, our forecast for Ripple today is a scalping Short Entry that might give a few pips.
DASH dropping today or just a correction wave?BINANCE:DASHBTC
It seems to us DASH was strongly rejected and now the next important support its a bit down. Our target will be a few pips below Fibo level 0.38
Ripple rejected in 0.00007733 resistance.BINANCE:XRPBTC
After breaking up the down-trend triangle pattern on Mar 29, Ripple made a really impressive price correction, however, buyers were not able to keep it's price up and now we are witnessing a price drop. Our forecast points to: if XRP gets to the 0.00007496 it will be a good area to go short until the next resistance at 0.000074265.
Bitcoin with a small price correction!COINBASE:BTCUSD
After reaching resistance area 4130.00 the market might perform a price correction, candlesticks and oscillators in overbought are pointing this price action, which is an opportunity to go short.
Litecoin keeps the ascending channelBINANCE:LTCBTC
Since Jan 05 2019 LTC have been up-trending forming an ascending channel, yesterday it gave us a great Long Entry and today we will take advantage of the market oscillation or price correction to go short and get some pips out it.
XRP Followers here is a scalping idea to go short today!BINANCE:XRPBTC
Crypto bears are in control right now and the chart is forming a downtrend triangle. Bears might take XRP to test support level 0.00007565 However this doesn't mean we can not make some money with this!
XRP Testing Support LevelBINANCE:XRPBTC
With this support testing we could make some pips:
Entry Point: 0.0000771
Target: 0.0000767
