CHFJPY - Strong Reaction on the Moving AverageCHFJPY
The price has been rejected by the green moving average and we still have a bearish setup on the market.
The price also formed important candlesticks that show the reaction of the sellers with a possible change of the short-term direction.
Short Trade
Entry: 111.10
Stop Loss: 111.30
Take Profit: 110.75
RR = 1:2
Tradeopportunity
WPRBTC a good moment to buy a new coinThe coin looks great on the scale of the mid term time frame. Correction rollback has reached the level where the growth was last time, the 3-hour format indicators look very bullish and relevant for the upcoming upcoming movement, the price can fluctuate round 0.0000125. Breaking through the local resistance will let WPR to move up. Our targets are in the signal which was posted in the Premium channel. The range 0.0000110-115 looks like a good support zone. We will provide a free specifications for this signal in the Basic channel a bit later
ENGBTC hidden bullish divergence The price will follow the upped edge line of Ichimoku cloud till it reaches its top where should start consolidation. Indicators are very bullish almost all of them are in buy state, moreover there is hidden bullish divergence on the chart as the price follows «higher lows» pattern while PPO «lower lows». However it is incredibly important to choose entry point. It is a good tactics to buy in parts now or wait till the price hits trend line.
RPXBTC found support and is ready for bounceRed Pulse is an event-driven market intelligence platform covering China's financial markets, providing customers with a context for making informed business decisions.
In addition to traditional research methods to help solve the problem of overload, the company uses machine learning
The company plans to inroads into Japan soon. The team reports that they want to grow awareness and serve Japan community.
The chart look pretty risky but it seems that the price found its support and is ready to bounce to a higher level of trades. Moreover indicators are very bullish: Momentum (10), MA and EMA are in buy state. It is a risky trade but the reward is also high.
PIVXBTCAnother opportunity to make a good profit via this coin. At the 1-hour time frame chart the price touched ascending trend line and is ready to bounce from it. Indicators are positive and chart patterns are bullish. There is a double bottom formed right on the trend line forming a strong willingness of market players to see a higher price of this coin.
EURUSD - Trade OpportunitiesDaily chart is showing some interesting trade opportunities for this pair.
Pair has recently put a new structure low, outside return and it is on its way towards a 618 fibonacci retracement.
Once price reaches circled area, you might wanna be watching the candles on a smaller timeframe (1 hour maybe) and look for Bullish or Bearish entry reasons.
GBP/USD Trade Set UpDaily trend line resisted a move to the upside and Friday's candle is very bearish - price action is in a wider bearish move adding weight to further downside potential.
As price has broken one weekly resistance (blue line) expect a test of another weekly level (arrow).
Upside potential remains with pricing in a short term up-trend, potential correction Monday with scope to sell on exhausted buying in the US/UK cross over - or to switch to short term buying - be alert.