Nice profit for eur/usd long! (ALL TP HIT)that was a wonderful trade for the week. for those who loved my analysis. please comment and like. i will be responsive to your question. thank you
WEEKLY TIMEFRAME
EUR/USD !! It have a downward channel at which we see price action respecting, and when you change from candlestick to line graph we see price currently on the "weekly resistance" which gives it more confirmation for a downward continuation, Also positive NFP data that gives the dollar strength.SO we have a complete retest of the previous lower high
DAILY TIMEFRAME
So We notice a break of structure in daily from downtrend to uptrend which indicates a shift of momentum to the upside.we see price closing with a pin bar on the daily. showing massive rejection. on the weekly resistance . since price still maintains the uptrend we need to see at least 31.8 to 61.8% retracement before entering for a potential short
H4 &H1 TIMEFRAME
we clearly can define the bounders . we see price forming "higher highs" and "higher lows" ,i think maybe we could see a potential head and shoulder pattern before a move the the downside. so we need to see price retest the left shoulder high and reject before confirmation of short
our EUR/USD SHORT
target 1=1.11100
target 2 =1.10900
Target 3=1.10700
thank you and please follow me to get more updates
WIN
BUY Signal WINUSDT MayB..??So We R looking at either the TOP of wave3 which is why we will wait for the retest of Trendline, and ladder Our BUY Orders Accordingly, Right.? Right!!
OR Possibly We R witnessing Subwave 1 of a New Market Cycle, BUT Im leaning 2wards 1st option personally. Nonetheless, My Invest Strat remains the same as follows.
Total BUY Zones (3): 2- Green & 1 - Turquise =(Liquidity Pool Zone*)
Stop Loss BELOW : 1450
Target(SELL) Price Range: 2849 - 3050
*Have Heaviest BUY Order in this area for Best Average Price.
Bullish Move in AUDUSDI believe there will be new bullish move in pairs that have USD as second currency such as AUDUSD, NZDUSD, GBPUSD.....
for example the above chart for daily AUDUSD. In order for bullish move to come true and to seek high probability to success in this trade there should be two conditions must be met.
First of which the price must go down to point C or near it.
Second of which the price should go up in bullish move (entering trade) that met with other confirmation indicators such as MACD.
then and only then the trader can go long in this pair for target 1 or 2 as take profit.
Good luck to you all.
Buy WINK bottom, Stake WIN Tokens, Get WINdropsThese guys are burning half the profits and distributing the other half to token holders via smart contracts. A casino where you hold your own funds (Tron Tokens TRX) in your own wallet to play the games or bet on sports. Biggest Dapp by volume in all crypto and no is talking about it, no one is long, everyone panic selling it. Quite unbelievable that you're not hearing about it from typical crypto enthusiasts and as always its no surprise for us buyers here. Good luck!
WIN/USDT (4H) Current Support Levels and TargetsThe price hit the fibo target. Right now it's trying to draw a double bottom. 1600 is the current support. If we break it - then the next support will be at the lower bottom of the falling channel. The local resistance will be in the middle of the channel. If we break it, then we will go to the next target. Zones of interest and targets are on the chart. Good luck everyone!
WINk in Large Bullish Divergence & Fundamentally UndervaluedThere's currently a large momentum and acceleration divergence forming on WINk, this will likely play out relatively soon and I think that as the larger crypto bull market begins WINk will be a top performing asset for the following fundamental reasons
1) WINk pays large dividends in TRX, which will be a top performing cryptocurrency because it is the largest dapp platform in the world, scalable, instant and free.
2) More games are being developed and added to the platform, and independent developers will be able to build on it soon too
3) More gaming licenses are coming, like New Jersey and Europe
4) Already posting strong numbers from organic marketing
5) Paid marketing begins in 2020, will see a massive explosion of the user base and dividends
6) Already secured partnerships with major sports organizations like Liverpool
7) WIN represents the best example of an income producing crypto asset that is tied to a decentralized application
8) Highest USD volume of any DApp on any blockchain
Also from a value standpoint:
WIN earns about 4,000,000 TRX/day on average or 120,000,000 TRX/month or 1,440,000,000 TRX/year
At current prices this is about $22,000,000/year
Earnings Per Share = 22,000,000/220,000,000,000 = 0.0001
Price/Earnings Ratio = 0.0002255/0.0001 = 2.255
Average P/E Ratio in online gaming industry usually over 20, making WIN significantly fundamentally undervalued, on top of being the most innovative platform in the industry. Also these are very conservative numbers as income and dividends are likely going to increase by orders of magnitude when paid marketing begins and the price of TRX increases. Wouldn't be surprised to see this over a dollar one day after developers finish building out the platform and really begin marketing it.
WIN (WIN/USDT, 15min) Moving in a Falling ChannelWIN is moving in a falling channel. It found support at global 0.2 fibo level and trying to form a local uptrend. Right now main support is the area between 0.2 fibo level and dynamic support line. If it breaks it, then the price will go to the lower zones of interest. All support and resistance levels are marked on the chart. Good luck everyone!
DISCLAIMER:
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) !
Trading ideas are not trading recommendations - this is just my point of view. You can agree or disagree with it.
Your likes and comments really help me. So I thank everyone in advance who really does it!
Subscribe if you would like to get my fresh updates on the market and my TA on a regular basis.
Good luck everyone!