Totalbitcoininternational
Not oversold, not a buy signal yetWe are still bearish on this pair. On Wednesday Jerome Powell is expected to raise the interest rate in his first FED meeting. It will be hard for this pair to climb significantly. We are opening a long position here with low leverage. Next resistance at 106.4, 106.7 and 107.2
50/50 trendRight now most traders (100%) are waiting for the next trend to follow so our best recommendation is to hold on this pair before taking a position. Forecast is bearish for the next weeks. It is a 50/50 decision but there could be some bullish pips still there so we are opening a long position now with our stop loss at the 50 SMMA as shown in the chart. Have a nice trading day.
Another entry pointAfter these 3 days of sell off on this pair it seems it almost hit the bottom. New entry points or seeds could be placed long at the current level expecting a recovery next week. Some are citing the trade war fears for the recent apetite on safe havens, although it is not the case for gold or bitcoin. Next support at 76.16, have a nice trading.
Not yet oversoldOpening bullish candles are not enough to a trend reversal right now. We are opening positions to sell a few pips more. We will send an email when we confirm a trend reversal. GBP ended the past week with a bit of weakness and BoJ is still defending its currency. Target 1 at 147.2, target 2 at 146.7
It could go lower, maybeWe noticed the trend reversal and managed to close our long positions before the stop loss and warned our members by email. We are closing now out las short position, a total of 3 sell positions closed at 1.2305 with +8.5%, at 1.2276 with 10.14%, at 1.2279 with +9.5%. The question now is can it go lower or is it another reversal point? It looks the pair found a nice cloud support at this point. Have a nide trading.
Hot stock of 2017 and already for 2018 as well...Everybody left behind wants to get in this train right now. Best option is to wait after the earnings aiming at a long term holding. Remember that this stock moves in cycles and there is no guarantee it will keep climbing the rest of the year. If you need to buy it now we show the best areas to buy, the lower the optimal but maybe it won't go that low before earnings.
Nice squeeze... ready to go back to the moon after G20Interesting long position on this one, already started to breakout. We will add more to our long position on this one just because of this chart. Have a nice trading.
100% bullish... maybeThere is no trader right now with a bearish forecast on this pair, it was a bit sideways last week but finally ready to jump. Next resistance at 132.4, we could have some positions open here for a few days. Trading intraday range 130-132. See you at 133 target and beyond. Have a nice trading.