USDCAD BullsCAD is over-valued and last month's candlestick was bullish. Trade as follows:
Buy: 1.274
Stop Loss: 1.269-Below December 21 lows
Take Profit: 1.29-this week’s highs
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Let me know what you think.
Usdbulls
Monero bears-November 27, 2017Daily and 4HR chart stochastics bearish with a clear double tops on both time frames.
20 period MA key and if there is a break below the 20 Period MA, then immediate bear target is at $137.
USDCHF - DAILY - LONGS IN PLAYUsdchf - Daily time frame - Longs in play on dollar strength and bullish structure on usdchf daily time frame
LSKUSD NEUTRAL STANCE-28.10.2017Hello guys,
Despite LSK bullish break out above the resistance trend line, LSK bulls are not in the money yet.
USD bulls are pushing LSK prices towards the 20 period MA and support-previous resistance line, and currently $4.7 is turning out to be a minor support line.
Volumes are low and there is a sell signal even though I won’t advise USD bulls to execute according to the signal. If LSK prices continue to close above $4.7 then there is a likely hood that LSK bulls might push prices higher making it a break out-retest.
However, close below $4.1 bull flag base line and 20 Period MA means USD bulls are in charge.
What do you guys think? let me know.
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DASHUSD-Neutral-27.10.2017Hello Guys,
DASH continue to consolidate, benefiting scalpers. If anything, there is a clear three falling method candlestick pattern with price action held within a $68 range marked by 24.10.2017 Hi-Los.
By 26.10.2017 close, the significance of the 20 period MA as a reliable resistance line became clear. As mentioned yesterday, that was the 26th trading day of candlestick close below that flexible resistance line after 01.10.2017 close below.
DASH trigger will depend if there is bullish pressure pushing prices above $310 or sustained DASH pressure below 25.10.2017 lows of $260. Either way, this consolidation and correction low after Tuesday 3 day reversal pattern still justifies our bullish projection unless maybe USD bulls trend higher and push DASH prices below $260.
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BoC and Governor Poloz rate announcement in focus-25.10.2017Hey guys,
I'm long the USD. I don't think governor Poloz will hike rates anytime time year. Maybe next year if things get hot. Economic indicators are weak. Earlier, Retail sales and CPI under performed and disappointed investors. Furthermore, BoC was said to have angered PM Trudeau when they hiked rate in two quick succession claiming they were offsetting 2015 rate cuts. Many observers said they it was the herding effect after Feds set their rate hike range in Q4 2016.
For now, we go long because of technical considerations. We can see that upper BB price action banding after a break above resistance trend line. If price action continues to chart higher and stay above 1.27 over an extended period of time, then we enter long and aim for 300 pips minimum.
I recommend trading as follows:
Buy Stop: 1.2730
Stop Loss: below 1.2630
Take Profit: above 1.30
Have a good day.
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LSKUSD Analysis-USD bulls for 20.10.2017
USD Bulls in charge. Minor support placed at around $4.7 since LSK price couldn't be maintained above $5.5. So far, there is a stochastic sell signal in place meaning USD bulls should drive prices lower at least for the short term.
Read more here: www.newsbtc.com
LSKUSD Sells-21.10.2017USD bulls are in charge after minor support trend line below $4.7. Notice the surge of bear volumes which drove price lower. If bear momentum is sustained, then the most likely bear target should be around $2.5.
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AUD Bulls drive Euro lower-Sell Tip for 17.10.2017Guys,
There is not rocket science or some AI stuff. There is an inverted hammer after last week candlestick closed, a stochastics sell signal and all importantly, a bear divergence meaning the recent above average bull volume was the final push and the consequent bull candlestick were driven by hot air.
As price action is testing 1.5, an important psychological round number, sellers should drive prices lower and maybe breach the support trend line.
There will be no problem with selling and holding this in fact you will be making cash doing so.
Trade as follows;
Sell: 1.50
Stop Loss; 1.51
Take Profit: below 1.46
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Trade well guys.
NEOUSD-Neutral with a Bearish skew-16.10.2017Right now the resistance trend line still holds as there was no follow through after Friday's "projected" bull rally. In fact stochastics are still bearish and $24 is still our immediate support zone. Any break above $31 area of price rejection means bulls are in charge however if price breach $24, then we enter short as the support trend line break below on 12.10.2017 confirms that two stages of a break out is now complete. That of the actual break out and a retest-which happened on 12.10.2017.
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IOTUSD-Bear break out below support of $0.45-13.10.2017Support broken with bear volume swells accompanying the slide.
Sell and place stop loss above $0.48. Take profit around $0.28
More update and review at NewsBTC. Let me know what you think and as always your opinion matters.
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NEOUSD Shorts-12.10.2017support turned resistance trend line retest in progress.
Sellers to short, stop loss above $30 and Take Profit at $14
More at:
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Monero-XMRUSD-Sell-10.10.2017Bear break out below the support trend line of that wedge.
Trade as follows:
Sell at $85 and aim at $60 as your take profit. Stop loss above $90
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Read and comment. Let me know your thoughts guys.
DASHUSD shorts-30.09.2017Price action preferred the greenback if anything is to go by what the charts indicate. Price broke below minor support and if price maintains level below $320, then we short DASH and aim $270 and then $220 Q2 highs.
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EURUSD Short-07.09.2017Mario Draghi and ECB rate announcement in the course of the day under focus. Chances of tapering postponement is likely. Disappointed, bears should be in charge.
Trade should turn out as follows if conditions are met:
Sell Stop: 1.1955
Stop Loss above 1.1975
Take Profit: 1.1915
