Hello there fellow traders, as we can see, BTC is lowering its volume since 2018 peak at 20.000. DECREASING volume and FALLING price usually means a bullish outlook. The RSI shows us, Bitcoin is absolutely oversold right now (It is the purple graph on the bottom) The market cycle shows us, we are at the point of almost zero trust into the market called...
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AMEX:USO Option: Put Expiration: 18 APR 19 Strike: 11 Trade Goal: Double+ Entry: .45 Sell 3/4 @ 1.00 Current USO Position: Impulse Wave 5 (Down) Fib Spiral: Wave Count: Will update. -AB
Last long was stopped out and the Short calls at this level I have treated as "be in cash" rather than leveraged position calls. With this latest flip I am still hesitant to feel very bullish. Bias is still bearish on weekly and daily chart. But part of using a system is following its rules. So with this long call from a few days ago I have opened a cross...
Palladium is flirting with 1500, all time high. While demand for catalytic converter is increasing, supply deficit of Palladium increasing helping rally since many months. 4 hourly chart shows clear negative divergence providing a short opportunity. 1450 remain near term target. Please feel free to leave comments and get in touch with us on: Twitter:...
Rapid increase of price of GBPJPY can be seen yesterday. There are still some rooms for the price to increase. Pending order of buy will be placed on price retracement, expecting the price to retrace around 144.250, with stop loss around 143.7. Take profit will be at around 145.730. Price break 145.75 will expose second take profit area, around 146.250.
Watch for this break out as it happens. place your stops right. Yen is a good pair to milk pips from. I expect this breakout to be profitable.
LSF has broken above its bullish flag pattern range, and if it can clear 1.480 this week, demand should pick up and push it towards 1.540. If they can increase their NTA by then to above 1.60, we should then see next resistance tested at 1.645 after 1.540 breaks on volume.
Targets and stops on the chart. Don't forget to like and follow. Thank you.
The main target As seen on the gold analysis, the price has begun an uptrend that will continue at least in the short/medium term. The very short term target is the resistance identified by the EMA200 weekly and it is set at around $ 17: if the formed support on the 78.6% of the Fibonacci retracement ($ 16.25) should not yield in the case of a retest, within a...
We all know that this pair has the best movements when it comes to scalping and short moves big profit thing. We have got a break out to cover here. This support and resistance indicator that we will get a nice trade on this pair
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-2 days Actions on - A – Activating Event Market will meet resistance in zone @125.44 - 125.74 and fall to the @ 124.4 In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 124.4 FX:EURJPY...
US Dollar is waiting to drop. It also seems like the XXXJPY pairs are in a downtrend. It's a great opportunity to take the trade. Feel free to copy my traade. I have a 1:5 risk/Reward Ratio. If I made you money, follow me !
EURUSD has broken out of my large structure/support line but not with much surety. Looking at the latest 4hr chart and it seems bullish may have gaining strength to go nearest 1.13500 level. On the other hand The US Dollar Index, which advanced to a fresh 2019 high of 97.37, was last seen down 0.1% on the day at 96.90. Investors may also be looking to book their...