Please check the similarity of the graphic patterns on both periods. If it breaks the US$ 4,5k mark could we expect it to go up with this idea?
NeoBTC has broken out of it's triangle. Looking extremely bullish on the daily. %30+ profit potential here. Target .014. Good luck traders. Be careful. I'd put in your stops at anything below .0085. Happy trading.
The CADJPY trade which I took last week hit the SL today after a massive fall. The outlook has been shifted on selling CAD since the price has broken a major daily support which turned into resistance now. The price has formed a flag pattern now and a break of the pattern would activate my sell on CAD.
This says it all. I do not think I need to explain this. Long term target is .0025. Trade with care.
Trade Alert Instant Execution GBPUSD Buy now 1.2890 SL 1.27500 Tp1 @1.2950 Tp2@1.3000 {50 pips target } Add 50 pips again and set Tp3 Final TP 1.32500 { Long term target } Analysis : Break of the previous low after a positioned gap on a uptrend{ Bullish Market}
This setup is in correlation with my longterm daily short view , watch in related idea and update . Accumulation of : -H4 Trend retest (Red)*** - Double downtrend (blue) - Resistance zone - Triple fibonacci level - Bearish structure continuation A safe way to trade is to wait for a retest of the red trend & a breakout of the current m15 bull trend .
The plan is to sell this pair inside the resistance area after a false break. Then hold the position untill support area and buy there for the longer term. Best of luck:-)
Metropolis will be released in late september. Ethereum conference in october. If no bugs occurs, we will see a target of 538€ (1.618 fib retracement), near 600$ psychologic limit. Buy-in: now Stop loss: 250€ Target: 538€
Looking at the Weekly Chart, we can see we're seeing higher highs and higher lows. I am anticipating another leg up into the 92.000 zone. We saw a corrective double bottom on the previous leg (B-C leg), which has created a nice area of support. I'll break down the Daily Chart next and look for confluences.
Although GJ is in downtrend we are in a major support area. At the moment i'll wait to buy a dip as describe on the chart. First target will be the upper channel and second target will be 142 area . If price will go the 142 area it should be easy trailing position there. The best scenario for me is entering using 1H time frame with clear reversal pattern. Best...
High risk trade idea here. In my last post, we entered at .006. Target was .001 (23.60% Fib). We reached that target and closed. But because we broke the ascending triangle, a breakout even higher than our target occurred. We closed several daily candles above .001 and are now sitting on that support. If we bounce here, we'll go to .0019 and almost double our...
Price has been stalled after an impulsive move on GBPUSD. The pair is in heavy a downtrend and have room to go further down. Now time to wait for the break.
Waiting to short this pair at the next resistance area - marked on the chart. Best of luck :-)
A clear symmetrical triangle pattern has formed on 1-4hr charts RSI is low as well as a change in trend with ADX closing into 25 threshold. MACD has potential for a bullish run. Either way it is hard to tell but any break of both triangle lines will lead to sharp changes in price
buy dip on channel or support with reversal pattern untill next resistance. Best of luck :-)
These trades are my opinion only, not fact. The chart should be easy enough to read. The pattern could also be flipped if a breakout to the downside occurs. Will update.
Bullish bat pattern developing on Swissy. We have the (X-A) leg completing at .97728, followed by the (A-B) leg retracing 57%. (B-C) then retraces 96% to .97657, but as you can clearly see it does not violate our (X-A) leg high, so we are still in play. (C-D) leg's 88.6% potential completion comes in at .94760's above a notable level of structure.
the smallest one is a bat, the rest are gartleys