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[AUD/USD] Inverse H&S Long Swing Trade [BTFD-VIP]Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<< Comments and questions are welcomed below, please feel free to ASK anything! HOW TO TRADE THIS CHART? First like/thumbs up the chart then read below..... The AUD/USD pair is in our sights today, an inverse Head and Shoulders pattern is emerging and with the weaker DXY the AUD is taking advantage by showing some stregth this week after its been hammered throughout 2018 to yearly lows in that descending channel shown Entry 0.7150 Targets 0.7400, 0.7820, 0.8080 Stop Loss 0.70150 this will be a mid term trade which could last into May 2019 use no more than 2% of your total account disclaimer: this is for entertainment purposes only and not be considered trade advice
Long
by majorlee
[BTC/USD] BTC forming inverse H&S bullish reversal [BTFD-VIP]Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<< Comments and questions are welcomed below, please feel free to ASK anything! HOW TO TRADE THIS CHART? First like/thumbs up the chart then read below..... Bitcoin is possibly forming a very strong and reliable reversal Inverse Head and Shoulders pattern on the daily chart today we saw some good bids pushing price up and i feel like i can finally post this chart with some confidence of this pattern forming up... FOR the pattern to complete we need a price move towards 4150 to break the neckline which is the GREEN line of the Inverse H&S , then its up from therein.... BUT if the price comes down below $3456 then right shoulder being lower than the left, this will INVALIDATE the formation of the pattern and cancel our trade For potential targets for bulls we would aim using the fib levels and/or the 100 & 200 EMA's - we could see a crazy break into the new year which could climb to around $5600 before corrections start happening, use the price guides given on the charts if you wish Other bullish factors, the Cycle of Power is in bullmode, RSI's are set high but not overbought yet, can the momentum push it up higher? Also many other TA's will see this pattern and be prepping for a bullish move but alas we shall see in next few days to week what actually happens We also want to Thank You for your support, efforts, sharings, and banter for 2018, tough year but we made it through ok wiser and looking at making 2019 an even better one!! Happy new year for 2019! Peace Up! MLB disclaimer: this is for entertainment purposes only and not be considered trade advice
COINBASE:BTCUSDLong
by majorlee