BTCUSD 8/27/19 Just a lot of sideways actionNot a lot of price action going on . Low volume and a lot of indecision in the market.
Sideways
INCY Triangle FormationINCY has been sideways for a year, but it is not showing a compression candlestick pattern to a potential Triangle Formation. Triangles tend to be continuation patterns much of the time.
#bitcoin - Sideways continuesBitcoin barely making anything interesting, but as you know this can change fast, keep a good eye on the red diagonal and the break-down level for confirmations of short-term direction. Market dominance is stable and targets above and supports below remain the same. You should all use the time in between to do something cool! Set alerts and get away from the computer.
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Warm regards,
Neru
BTC Forming Sideways Channel? Move Down To 9500 Again?Looks likely that Bitcoin is forming a sideways channel (Only valid if this area rejects)
If it does and you see clear direction possible targets will be in and around that 9500 regions...
Play safe.
Check out links below for further info...
BTC - Easy peasy lemon squeezy!I will use this chart to say, "I told you so!" LOL, No! I wouldn't, no matter how tempting it might sound!
The world has come to a point where something absolutely of no value or practicality, is priced the most and something of utmost value, completely ignored and discarded. Loud and dumb is the way forward, so either learn to live with it or perish! Definitely don't fight it!
On a similar note, sensational ideas get a lot of views, but sensible ones don't. I hope this would be the least viewed idea that I would ever come to publish, thereby becoming the most sensible one, even if it might end up not being one. LOL!
These are the levels at play until the end of the year, no higher, no lower. Just after one sudden bullish impulse, people forget how slow and excruciating BTC can be, we are headed towards that phase again, most probably hanging everyone out to dry in unimaginable ways.
If the blue line breaks before the end of this year, BTC will touch the trend line support sometime mid next year, in a very slow and grueling way or not! Don't get carried away with the halving, it might have absolutely no effect on the price.
KRAKEN:XBTUSD
there are two possiblities on audnzd there are two posiblties i think there is wyckoff pattern forming and once the level is broken to take the long
BTC Dominance - Sideways - Should We Be Worried?Should we be worried about the lack of movement in dominance?
BTC staying stable at 9400 however no money coming into alt-coins...
Make or break the region to see if Alt-coins will move forward or drop back.
TRV Trending Up Due to BuybacksTravelers Companies Inc. uptrend is running out of steam. Daily view now actually sideways, implying stock has been held up by Buybacks, and without them it may slide down more. Insurance Sector is overspeculated and at a higher risk at this time.
NFLX Iron Condor TradeI'm putting on an iron condor trade due to fading trend sideways movement may lead to a lower price.
SPY is sinking slowly due to trade tensions.
310/315/375/380 EXP June 21 145/355 Profit/Loss
Max profit I want to take out of this trade is $80 and max loss is $160 as per guidelines drawn.
This is a journal entry and not trading advice.
USDCHF : Moving to sideway zoneHello traders, this is my end-of-trading-week prediction( not advice ofcourse )
Even though there are 2 continuous Sell signal at some important zone, you can go Short now for a RR:1.4 trade but i personally don't like the price action here:
2 sign signals continuously is too much for a downtrend: It feels like buyers are trying to break the down trend:
When buyers are gaining back their influencs in a downtrend: Sideway market. - Good time for sideway traders.
Next week we will have a better view on this pair.
Goodluck next weekdays guys
ETFC Topped in 2018Weekly view shows a downtrend until the end of 2018, then the stock moved sideways in a trend that is not a bottom. Supported by a weak intermediate support level. Could break to the downside with High Frequency Trader action.
Sideways in July...Don't get shook outSideways for July, eyes on a breakout early August...upside target would be 14.5k+
Please make your bets. Dax in a put situationMoin from Hamburg
as described in detail in the TC24 live trading room, the DAX is in a put situation (grey area) on a daily basis. There are many arguments for rising (e.g. interest rate cut USA) but also for falling prices - both chart technical and fundamental. The next few days will tell us more where the journey is heading. Perhaps the recently opened reporting season for US companies will provide the necessary impulses.
Dax prices above 12,400-12,440 significantly increase the chances of further increases, even long term. On the other hand, if the Dax closes below 12,300 points (end of day), the first profit target is the support line at 12,189.
Despite the good volatility on an intraday basis, daily traders should wait until the Dax is leaving the grey zone.
Good trades!
No Bullish signal. Now its time for ALT coin. BTC might possibly go for sideways for couple of day and today will possibly close the DAY CANDLE at 11180 or below.
And the week candle will decide whether we have strength for run up.
we may just try scalping between $11500 - $11300 short but too risky with this uncertain situation because in longer term, to go upwards btc have to retrace 30%-40% and we may expect SEP 2019 $20 K. and in DEC 2019 $30K +
LONG Trade Ideas Educator: NZDJPYA sideways consolidation slowly creeps in into this chart. Just as you are going to say that Both support and resistance of the leg that broken it is well supported or we resisted.
Sideways Till August? - #3Sideways Till August? - #3 (see linked Ideas)
Good looking support
Possibility for going up earlier
Overall view on XAUUSD or GOLD - Update of July 9th's weekGold has been consolidating for 2 weeks with clear levels of institutional supply and demand. Thus, the metal security is swinging in a 50.000 $ per unit or 5,000 pips range favorable for scalping between the extremums. However, the overall trend is bullish and prices jumped back after settling on the support zone. After the fed's chair testimony enlightening us on greater odds of a rate cut, and the upcoming news such as the jobless claim or the consumer price index, we are likely to see more movements.
Possible targets: @1430.000 (+20.000$ per unit or 2,000pips) or @1390.000(+5.00 per unit or 500 pips) if the trend turns bearish.
Advice: Buy at any low point while we don't break @1400.000 bottom level.
IBM Hitting Lower ResistanceIBM has been trending sideways, and recently filled the gap up from 4th-quarter earnings in 2018. IBM has formed an intralevel short-term bottom, which is at a short-term completion level.
Overall view of XAUUSD - Update of July 1stThe commodity has been on a continuous bull since the beginning of June's month, and settled on the resistance zone surrounding @1440.000. Prices are sideways and consolidating, waiting for a breakout. G20 meeting ended up with a series of agreements and negotiations, which might confirm and increasing odd of a bear pressure.
Possible targets: @1360.000 (+40.00 per unit or 4,000pips) if bearish trend confirmed or @1500.000(+60.00 per unit or 6,000 pips) if bullish trend confirmed.
Advice: Await for a confirmation.
Citigroup Short July Iron Condor w/ sideways channelCitibank has been trading within a horizontal range and sideways channel between 65.50 and 69 for the past fourteen trading days. Because of this, we are shorting the iron condor by writing the 69 calls and 65.5 puts for the initial strangle, and going half a dollar out on each side to acquire the protection (longing the 69.5 calls and 65 puts), thus turning the strangle into an iron condor. Being slightly below the money, it is somewhat bearish but created such that it aligns with the historical channel. By using the July 5th options, which are eight trading days away, we expect Citi to stay within the channel. This trade is done for a max profit of 30 and a max loss of 20 because the credit is .30/contract. This gives us break-evens of 65.2 and 69.3, and a better risk reward ratio (30/20) is received when the trade is done with calls instead of puts (29/21). This maximizes profit potential.
CERN Stalls at New HighCERN has shifted sideways after a breakaway gap by High Frequency Traders followed by a momentum run upward. CERN has now shifted sideways, which can provide a strong support for another momentum run.
