USDCAD - DIRECTIONUSDCAD already hit Weekly Counter Trendline
We can see price dropped pretty significant 2 Weeks ago (02 Sep '19)
Our bias should be "sell" now , any buying attempt consider invalid
Scale down to Daily Timeframe to find entry point
Analysed by
Rayhan Ramlan Esfa - @rayhanre
Stevano Devon - @stevvon
Adika Anugrah - @wixfor_x
Tradingsetup
AUDNZD TRADING IDEA SHORT BIAISafter several test of this ressiatance level , we can probably expect a mouvment to the downside. the stop loss and take profit are just to show and idea of the RR potential , so we will be flexible and strategic with this position.
To see more of our setups don't hesitate to DM me , it's free , you can also follow us on Instagram @airforexone
Ethereum Trading Setups for both Long and ShortHere is ETHUSD 4H. I would consider current region to be quite risky to enter any position until more sub-wave structure gets formed.
ETH recently had broken the yellow triangle below and bounced around 0.786 retracement level.
If we see some uptrend move to retest the bottom of the triangle, it might be a adequate place to enter short.
Moreover, there is a blue mid-term trendline passing above and thus even if it fails to retest (breaks above the bottom of triangle again), I would accumulate more shorts expecting some more resistance from this blue trendline.
For long, I have extended the bounced sub-wave to 1:1 which also happens to be region where yellow long-term trendline passes.
Missed $GVT and $SALT Call? Don't Worry, $QSP Here...Quanstamp having $23 millions dollar market capital with 976+ millions on total supply. QSP is the alumni of Y Combinator and already having 4 regional offices: San Fransisco, Toronto, New York and Tokyo. Their work is helping clients with an understanding of using smart contract and blockchain. Quite relatable with what we need in the status quo. They already have clients! So far, it's great fundamental and match with the industry niche.
Right now chart is also looks very juicy. I love the chart because it really looks like SALT and GVT on it's recent bottom.
As you can see the same setup on GVT and SALT giving tremendous result lately, and I expect the same thing happened to QSP.
If this ideas helps you, give it a thumbs up, comments and follow me. Thanks a lot!
High Reward, low risk GBPCADI am sincerly sorry for not posting the past few weeks. I have been working on my trading setup day in and out which is why you havent heard much from me. With that said, I have placed sell limt trades on my oanda live account as my system indicates that GBPCAD is in a downtrend that is experiencing a pullback. GBPCAD
"KPIT" Continue in it's UpTrend"UpTrend" & Above "180 MA" Means a Long Term Positive Trend.
Now RSI Is Low Around @49.9 & You can set a stop loss below or At Price @282.50 ( "Low Risk", "High Reward" Trade Setup).
BCHUSD 1h between the zig and the zag. 1h SetupBitcoincash ended a sequence from 1,225.55 low in the form of a double correction truncated below equal leg area at 1,487.65.
The sequence from 1,574.37 high was a motive 5 waves move down, so I expect the same sequence from 1,487.65 to the downside.
Projection of equal leg area from current levels is 1,138.83-1,056.51 possibly 923.36 where buyers should appear for at least a 3 waves bounce or higher.
I don’t like selling at current levels and would position longs at equal leg area. Below 923.26, the correction could change in nature and would be rather out to assess the situation.
Invalidation level to the upside is 599.49
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
ZRXBTC - Can go back and forth until confirmation is there...ZRXBTC 4H UPDATE - 28/04/2018
I would not recommend to sell here as marginal new high cannot be ruled out but cycle is mature and pull back should be seen soon. Don't try to fade. Invalidation level to the downside is 19,234 and we are in a motive 5 waves from the lows.
I'll prefer to wait for confirmation of blue 1 completed and then buy the correction in a corrective 3 waves to the downside.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
XMRUSD. Will it make the textbook lie?Monero is following the path. And textbook is saying that in a new cycle, a motive 5 waves is followed by another motive 5 waves.
How are we sure it will happen?
How do you tell a cycle is completed?
How do you buy the correction?
Thanks for your time
Cheers
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
BTCUSD - Getting a bit closer as correction structure unveilsas long as below 9,737.16, should expect 8,279.58-7,594.69 for buyers to show up.
As move from the lows is in a corrective 3 waves, I won't buy, preferring other crypto setup like xmrusd or zrxbtc as discussed in TradingView.
If you go long in the specified zone, I would get out below 7,590 because nothing says it has to stay above 6,427.16 or 5,920.72 as those levels are not protected (no bullish sequence in higher degree and no motive 5 waves up).
For me to go long again, I would wait for a break of 9,737.16 from lower and buy the correction in 1h time frame.
Invalidation level to the upside is 5,920.72, line in the sand for bulls.
Check related ideas to understand why cycle from 6,427.16 is not a motive 5 waves to the upside.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.