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Trend-reversal

Can BTC break above our center trend???Woooo weeeeeee. Things are lookin' spicy right now. Even though BTC recently made a new ATH we still actually haven't broke our center support/resistance line from the previous cycles. It has proven to be a worthy opponent multiple times, each one resulting in over 30% dumps. Orion is also showing a possible reversal right in the Daily, which is telling me that this is truly a resistance zone. Not only that, but the signal line is showing a bearish divergence with the price. If the trend does reverse in the next day or two, we will see if the bottom of our rising wedge will hold us up. Then, Bitcoin will need to push past our center S/R and solidify it as a support before we can continue this bull run. If we can't..... someone please save our souls. I dont know about you peeps, but my boots are shaking. Good luck to us all.
BITSTAMP:BTCUSDShort
by OrionAlgo
1
APPLE - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. APPLE is overall bullish trading inside this big brown channel and it is currently sitting around the lower trendline so we will be looking for trend-following buy setups on lower timeframes. on H1: APPLE is forming a trendline in red but it is not valid yet so we will be waiting for a third swing high to form around our upper red trendline to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it. (gray zone) Until the buy is activated, APPLE would be overall bearish and can still trade lower and lower. In this case, we will be looking for buy setups as it approaches the lower blue support around 100.0 Good luck! ~Rich
NASDAQ:AAPLLong
by TheSignalyst
73
SILVER - Wait Like A Sniper!Hello everyone, if you like the idea, do not forget to support with a like and follow. SILVER is approaching support in green and brown trendline from H4 so we will be looking for trend-following buy setups on lower timeframes. on H1: SILVER is forming a channel pattern in red but it is not valid yet so we will be waiting for a third swing high to form around our upper red trendline to consider it our trigger swing. (projection in purple) Knowing that SILVER can still test the support and form two swings around the upper red trendline before the buy setup is activated (projection in blue) Trigger => Waiting for that swing to form (one or two) and then buy after a momentum candle close above it. (gray zone) Until the buy is activated, SILVER would be overall bearish and can still trade lower and lower. And of course, as SILVER approaches our upper blue supply and round number 30.00, we will be looking for sell setups. Good luck! ~Rich
FOREXCOM:XAGUSDLong
by TheSignalyst
62
EURUSD - New Sell Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow. EURUSD is overall bearish trading inside the brown channel, and it is currently sitting around the upper trendline, so we will be looking for short-term trend-following sell setups. EURUSD is forming a channel in blue (but it is not valid yet) so we will be waiting for a new swing low to form around our lower trendline to consider it our trigger swing. (projection in purple) and then and only then, the reversal setup would be ready and confirmed after a momentum candle-close below the last swing low (gray area). Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still break the channel upward. Good luck! ~Rich
Short
by TheSignalyst
93