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Trendcontinuation

MATIC loses support and breaks bearishafter losing key support around 0.02-0.019, MATIC's next level of support lies between 0.015 and 0.012. The psychological level of 0.015 should hold for a little while at least. 0.012 is the last high volume level seen, thus a great buying opportunity given this platform is actually a great long term idea for crypto as a whole. MATIC should see 0.10 within 3 months, so to get in at 0.0125 (1/8 the price of 0.10) would bring about a possible 800% gain to the upside. We all know what happened last time volume on MATIC was below 10,000,000 USDT on Binance. Whales and others pumped the living crap out of it for a 1200% gain in ONE WEEK! Not saying that will repeat. Likely a slow and steady climb after a rebound. Post thoughts and comments please. Open to feedback of any sort
MLong
by Etipton04
2
DXY: Swing-Setup! Follow the TREND!#ChanceBuyHey tradomaniacs, welcome to another free signal! Important: Wait for the retracement down to entry and buy! ----------------------------- Type: Swingtrade Buy-Limit: 97.70 Stop-Loss: 97.55 Target 1: 98.00 Target 2: 98.17 Point of risk-reduction: 97.90 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:DXYLong
by Trading2ez
2
Bitcoin reaching an important crossroad I think.We are approaching wave 5 of an Elliott wave that could send us continuing on a great bull run so far this year. I think if it doesn't hold around that level, we could see a healthy correction before continuing upwards. The channel in White is going back to 2017 which were almost all critical turning points. The orange channel is what we've been in for most of 2019. The next couple of days will hopefully give us a clear indication on which direction it's headed.
GEMINI:BTCUSD
by RedShieldGroup
GBPJPY 1HR BEARISH TREND CONTINUATIONHi guys, I hope that you are all are well! This week we have seen continued bearish momentum in GBPJPY to which has seen prices push close to 141's even, which is a very important and psychological level for this pair and we also saw prices retest a strong area of structure support (Daily) of 141.00 - 141.30's to which we have since seen some relief in selling pressure as buyers have been stepping back into the market. I am then looking for a pullback to the upside to continue in where I will be monitoring to see if price action push up into my kill zone for where I believe is the most likely area sellers may re-enter once more, in anticipation for one final retest of the structure lows down at 141.33's for bearish trend continuation and potentially a push down into the 141 even handle! I hope you all have a great week!
Short
by hmwalker_
USDJPY Continuation trade - SHort 2:1 Win vs risk ratioHello all Following yesterday's false break out and reverse (looking for stops), I entered at the first bearish pin bar as price started to fall on the 1 hour chart. I am now watching price for a second entry, currently its quite a wide stop loss for a pair that doesn't move that fast (or may do due to current liquidity) If I can enter at a higher price and shorten my stop and therefore increase my lot size inline with my Risk profile, great, however I am looking to enter another position short. Thanks for looking at my trade idea Duncan
Short
by UnknownUnicorn483829
AUDUSD Down to 1.272 Extension, or Double Bottom?At the current moment the Aussie Dollar is presenting us with two conflicting scenarios. Bearish Scenario: After reversing off of the .382 Fib retracement, price may continue downward breaking the .6985 level of support. If this bearish trend continues, I expect price to find support near the 1.272 extension of the bearish impulse leg--a level with strong confluence with Jan 1, 2019 historical structure. Bullish Scenario: After reversing off of the .382 Fib retracement, price has found support at the .6985 level. With clear RSI Divergence, this level of support can hold and a double bottom may be formed. In this case, I will target the .382 retracement once again, with a secondary target at the .5 retracement.
by AidanMDang
EURUSD 1HR TF KEY ZONE FOR SHORT POSITIONSHi. guys I hope you are all okay! Here are my thoughts on EURUSD, price action pushed down into fresh lows of 1.1180's seeing prices break and close below the previous structure low of 1.1232's. What we have since seen is prices pullback into a key area in the market at 1.1285 - 1.1325's which would be the most likely area for sellers to re-enter the market. There is also a number of confluences, such as; 1.3000 even handle, a cluster of FIB ratios in this kill zone and RSI has also gone OB displaying that strength in buying pressure is beginning to slowdown. Therefore, I am currently short with a 15 pip based ATR stop above the highs of 1.1325's and looking for a retest of the structure lows down at 1.1180's for target ones in anticipation for bearish trend continuation.
Short
by hmwalker_