Chainlink looking for a bullish run of $13 by late October Bottom reached possibly on the weekly chart. May see a retest of $6.40 in the next few days. Futures look promising for chainlink if all goes well we should see $12.80-$13 by late September or Mid October. no technicals here just pattern observations. Good luck and happy trading!
Topsbottoms
WHAT IF? WHATS YOUR THOUGHTS?Nothing more than boredom here. Just a Blend of Covid Dump and September's Flash crash that has been inverted/flipped.
My favorite kind of top (and bottom)Screenshots will be better than words:
I only trade tops & bottoms (accumulation & distribution, supply & demand), and I select good ones.
The "rectangle" type is my favorite.
"Continuation flag" they said. I always go opposite.
Use other filters, the price action pattern is just here to pull the trigger. Use stop losses.
USD/FJD - United States Dollar vs. Fijian DollarIn forex you are taught to trade the major pairs. Any other pair is basically not a focus. Well I came across this pair and see that price is approaching an area of major resistance. Obviously it will take some time for this setup to actually play out. I think if it sets up the way I see that it could then a good amount of pips could be made on this pair. This pair is due for a drop its just important to note when and where it could possibly happen. Hopefully by the time this pair is set up I will be at an optimal level for a live trading trading to trade this pair. Happy trading everyone.
Trading Journal Entry #8