Doesn't take a rocket scientist to see where this one is headed. Bounce off the bottom to the top, again, and again. Not advice, but just pointing out the obvious. Don't forget, all forms of money through all time, was made for everyone, not only the people who sought to understand it and control you with it.
whenever uvxy pops like this in a downtrend its natural to assume it will return to the bottom. except for a collapse in spx i doubt were going over recent highs in uvxy. probably end up below 4.90 again soon.
CTSI is currently trading just above its long-term support. Although it may be tempting to show a breakout from the current structure, I believe it will continue in its accumulation phase for the short-term. This is due to the lack of stepped formation in its recent breakdown of price (instead a strong red candle formed as seen on the chart). The stepped...
If Cross price go above my blue line for 15 min. Go Blindly for long. SL is also my Blue line :) #Nomoretools #Simplekartehey #dontpanic
Waited for resistance to be formed, then waited for bearish candle closure, then pulled the trigger after mapping out my stops and targets, it worked. Trade 2 is done for the day.
Simple as that. Strong reclaim of the January high (roughly 42,500) and a nice retest and we all buy Bitcoin :) Don’t over complicate it.
With stimulus and money flowing it is easy to understand why we are where we are, but the many VERY large uncertainties make this a bit hard to read right now, the best thing for the market would be sideways so i don't see much risk to reward available right now. A correction might change me from neutral.
ETHUSD is hugging that 50WMA with small retracements to WMA level and continuing its uptrend right after. Also looking like it has broken out the ascending triangle on the hourly chart that it started forming the start of the year and now it's off to maybe even pass the 1400 level which was the Jan 2018 highs. Very bullish on this pair because of what's going on...
A brief overview of EURAUD. We recently broke a major key level in the market, potentially indicating a newly formed trend to the upside. New HH and HL have been put in before the break, and with 3 hours worth of information indicating a bullish sentiment, a retest of the previous structure and evidence of wick rejections could really help validate this potential...
Afternoon traders. Every Sunday I review the trades I am currently entered before markets open. One lesson I have learnt over time is sometimes the best trade is the one you already in. Here's one trade I am still currently in from the 11th of November on NZDCAD long. Trade status is running at a risk to reward ratio of 1: 3.63 before markets reopen. The...
11900 has been a resistance which Nifty has managed to cross multiple times. If sustains above 11910-11920 then a further up-move till 12000 is on cards. 12000 has been a strong resistance and breaking it decisively doesn't seems possible before the US Elections. People trading ranges can utilize the 100 point advancement and subsequent retracement of 200-300...
After big bullish yesterday now the market on consolidation position. The price seem respected the resistance area and shows possibility forming double top pattern. If double top formed and it break the neckline than a short for sell is a good call.. Stay in alert, wait for the confirmation, don't be overwhelmed, take action with stop loss following.
As you should know by now we like our key levels with confluence. So what we see here... trend line plus confluence so we go long. Been smashing it every week. Hit me up x
My dear 5 followers, today I want to share some revelations during my time trading. I was looking at some old screenshots and pictures in my computer that are from the time I started trading which was a little over three years ago. I was suprised to see how many indicators I had on my charts, and I reflect upon it as the total noob stage of trading. When you...
I believe this pattern will play out for the bears also head and shoulders pattern play really great in Risk reward as well as a high probable trade for binary options as well as spot trading opportunities: I also know there is a lot of confluence at the level of the left shoulder failing already as i type this. i will put my SL into TP . i have a bearish...
EURUSD CUP AND HANDLE IN D1 EURUSD UPTREND CHANNEL IN H4 REACHED THE TOP OF THE CHANNEL COULD BOUNCE FOR A LOWER HIGH