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Technicals

Long potential setup GBPCADOn the 4hr chart the GBPCAD established a low in the 1.59600 zone. Price moved from this area to make a high in the 1.66800 zone. Since 20 September 2019 price dropped over 360pips from the 1.66800 zone, just to meet support in a zone which was formed on 23 August 2019. All of the above now provides a good landscape to consider long entries on the #GBPCAD. OUTLOOK AS FOLLOWS: FUNDAMENTAL: #Brexit seems to be in the process of feeding through potential positive news after the PM suffered yet another legislative defeat. PRICE: #GBPCAD price is now poised to move from the 1.63900 zone to the 1.67000 zone, that is over 310 potential pips! as a minimum.... TECHNICAL: #Ichimoku Tenkan and Kijun - sen crossed to the north on the 15 minute time frame. ENTRY: In the 1.63600 – 1.63300 area STOP LOSS: 30-50 pips RISK: 1-1.5% of equity EXIT: 1.6680 or apply trailing stop of 50 pips Remember, anything can happen, and it usually does.
Long
by FrameTheMarket
1
Only two more days!Look at the triangles. I have drawn two. The first is a symmetrical. About a week ago, I posted a chart with both of these triangles, but I had drawn the top line too low. I soon realized that there was another top line the market was respecting more. I have re-drawn this. You can see we have respected this line six days in a row! In fact, we are running out of room inside this triangle. By Friday, we should know which direction we'll go. Probability suggest we will pop up. If that is the case, we should continue an upwards trend to around 15k by the end of the year. The second triangle is descending. There is a chance we go down out of the first symmetrical triangle. If this is the case, we would hit the floor of the second triangle around $9300 before further decision as to which way we continue. The market will then have another (2) two weeks or so to decide what it want to do. Even if we did drop out of the first and the second triangle, I don't imagine we'll go much below the 200 day in red rising up. Maybe a touch of $8000 and then "go"! Again, in my view, everything is looking positive for 15k sometime before the end of the year but remains neutral for now. Good luck and happy trading!
COINBASE:BTCUSD
by stewdamus
NH - Above the MA's Trend Could StartNantHealth, Inc. operates as an evidence-based, personalized healthcare company, which provides treatment for critical diseases such as cancer. It is based on personalized healthcare approach that integrates novel diagnostics with large scale, biometric and phenotypic data to track patient outcomes and deliver precision medicine. The company was founded by Patrick Soon-Shiong in July 2010 and is headquartered in Culver City, CA. SHORT INTEREST 1.4M 08/30/19 P/E Current -0.45 P/E Ratio (with extraordinary items) -0.48 Average Recommendation: BUY Average Target Price:
NLong
by DEXWireNews
USD/CAD Outlook (26th June 2019) An Insurance Fed Rate Cut? USD/CAD broke key level Price Movement Since yesterday, USD/CAD has been moving indecisively within a 60pips range. Trend USD/CAD is trending downwards. Important Issue Yesterday during an interview with Bloomberg, Federal Reserve Bank of St. Louis President James Bullard highlighted that an insurance Fed rate cut now may be necessary as inflation target has been running below target. He also mentioned that a 50 basis point (0.50%) rate cut would be “overdone” whereas a 25 basis point (0.25%) rate cut seems more appropriate. Technical This morning, USD/CAD tested and broke the 1.32 key level downwards. Price Levels Current Price: 1.31606 Next Resistance: 1.3260 Next Support: 1.31200
by JinDao_Tai
BTC Update! Bulls continue to march along!Wow. Impressive move by the bulls here since we watched down around $8000 for resistance to clear and create the bull break out. Last night BTC reached just shy of $9400 for a solid 15%+ gain in a few days. I personally have now scaled out of about 30% of my BTC position and remainder is riding the higher lows off 4 hour chart as stop losses. Also keeping a watch on daily 12 EMA. This has served extremely well for BTC with it offering great support initially and once we lost the support we saw the solid pullback to then see it serve as resistance. We finally broke that just over $8000 to get back above the 12 EMA and it again gave support. Yesterdays move pushed BTC well above the 12 EMA so we may see some slowing by the bulls to allow the EMA to catch up to price action. Also was watching from last post the alt coins begin to struggle which in my opinion would only help BTC and thus far it has. Many alts are now back to moving upwards which will pull some market from BTC but overall BTC is where traders have wanted to be for the past week. Impressive gains and following technicals beautifully. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
1
BTC Update! Bigger picture outlook!Hope everyone is doing well. What a couple weeks or so its been in crypto. I am heading out of town and will be gone about a week so won't be posting until I return. So thought now may be a good time to offer up my old weekly chart. I believe the last time I posted this we were searching for a higher low compared to $3338 to then try and shift momentum and get the higher high above $4188. Clearly BTC did that and really anyone buying in on the weekly chart shift from its bearish lower highs and lower lows to the bullish pattern of higher lows and higher highs once we broke above $4188 have been extremely happy. Its been almost a straight bull run since then. Weekly chart is pushing above some major MA's. RSI is overbought for the first time since end of 2017! I have some old resistance points plotted from a while back so have left those in place. The past few weeks has been so bullish, we have not established much in terms of supports on the way up. I'd certainly be happy with some consolidation, a higher low and then moving up but anyone who has been in this market knows the bulls can start running more parabolic if FOMO sets in. Personally I wasn't going to enter anything while being out of town but with the nice pullback over weekend of 10%+ across all names, I did scale into ETH, LTC, and a couple smaller alts. In hindsight, wish I had just played BTC but still very happy with my entries and will be a nice trade. For now I plan to just ride stop losses based on higher lows for these rather than trying to actively trade anything while gone. Will hope bulls continue the momentum and keep things pushing upwards but on a technical side, we really could use some consolidation and forming some bases of support. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
1