USDCHF Breakout trade entryWell, price came back and we're in early. This is incredibly risky for me (I'll keep a close eye).
Zone
BUY/SELL Zones for BTC/USDHello Traders, [/b}
Here is my buy and sell zones for BTCUSD, this should run out smooth as its in a triangle pattern.
Trade Safe
BTS PULLBACK AND BUY ZONEHello all,
My favourite, BTS, could be making a pullback to around $.03. If so this could be an opportunity to pick up a long position. Looking for 200% up to the next resistance after this pullback.
Who knows?
Good luck.
*This is not financial advice*
GBPUSD melting incomingusd is going super well on all levels..
the pound is likely bearish because of the uncertainty of the post-Brexit negotiations..
uptrend channel have just been break
resistence got demolished
now retesting
5 reasons why GU should melt.
enter now 1.29700
stop loss 1.31200
TP1 at 1.26700
Risk management: 1500 pips loss vs 3000 pips gain (2 : 1)
Cheers to many pips :)
Will USDCAD bounce down?USDCAD is at key level where it may bounce down, due to historical key level that price has bounce off it multiple time.
Looking for a breakout is where i will open a sell position.
USDCAD Resistance Zone SellUSDCAD is stretching up to a horizontal resistance zone. This zone has been retested multiple times and all time has reversed to lower lows, so there is a large profit potential in this trade.
Stop Loss placed slightly above highest level previously broken through, meanwhile Take Profit is placed near the horizontal support zone, although this could drop even further.
31 GEN 2020 USOIL LONGHello guys, today i see a good opportunity on USOIL. I think it could touch the zone in the middle.
You can set tp at the level of 57
Happy trading to all!
AUDCAD Explained Analysis!Sorry for the poor speaking quality, this was my first ever video analysis, so don't expect to much.
Anyway, the AUDCAD is in a perfect zones parallel channel, so please wait for a confirmation before buying this.
EURCAD Short idea. Keep it simple.Simple retest on a trendline on the EURCAD pair.The idea is to go short on the next candle close on the 4H timeframe. SL above last high wick, TP on the last low candle close. Overall trend is down, and the situation in the EU zone isn't getting better.
EURCHF Potential Bullish MovementEURCHF Potential Bullish Movement
we are waiting for a momentum candle close above 1.0735 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Objective Channel (in blue)
3- Support Zone from Daily
Three confluences are enough to consider Buying EURCHF, after a break below 1.0735 (in gray)
GBP/USD SELL- 1.30738 Potential Target AreaPotential SELL Position on GBP/USD- 1.30738 Potential target
CHF/JPY SELLS - 112.583 Potential Target AreaPotential SELL Position on CHF/JPY - 112.583 Potential target
USD/CAD BUY - 1.31161 Potential Target AreaPotential BUY Position on USD/CAD- 1.31161 Potential target
BTC Update! Zone support & up we go BUT what is bigger picture?Alright. Lets jump off last chart where we had finally broken through the resistance zone and we were looking to ideally hold EMA support or at minimum stay above our zone we have kept outlined since October. Bulls briefly lost EMA support but did managed to hold the top of our zone and find support. This has now led to our next leg up which on our 4 hour and Daily chart now has things trending in the right direction. A lot will get very excited for these times and it is the first steps of shifting trend but we also must zoom out and see bigger picture. Below is our weekly chart which has not changed its trend yet. We are still in a downtrend with lower highs and lower lows. Anything under $10,540 is still a lower high for weekly chart.
In my opinion that is a bit too far away for bulls to make a straight run at it and they will gas out before then. More realistic option is for a top below $10,540 which gives a lower high but then form a higher low compared to $6430 and then shoot for a higher high (above wherever we top out at on this run). That will get weekly chart shifting. If bulls fail and get a lower high compared to $10,540 and then sink back to lower lows then the weekly chart stays in the same trend it has been in since the summer, which is bearish. Those using the zone I have outlined since October should be trading very well as it has held as support and resistance as needed and made for low risk entries and exits multiple times now. So bulls can be excited for current situation on 4 hour and daily but keep a watch on the bigger picture of weekly chart next.
Just My 2 Sats!
NZDUSD DAILY IDEA Looking for the candle to close below the 23 fibo and if it does looking for price to hit the support level were the 38 is and make it's way back up or if it hit a 50 as well either or and that's with it stalling yesterday with the break out, so that's why I think it will hit the 38 or 50 and give us one more push to the upside before making a big drop. But only reacting to the trade and not trying to predict.
GBPUSD WEEK AHEAD SHORT OPPORTUNITYMy support and resistances are very clear for selling.
SL > 1.32956
TP 1 > 1.29752
TP 2 > 1.28693
Bitcoin 7 Zone TheoryHello all, today I would like to demonstrate a theory that was hypothesized by one of the greatest traders to ever live, W.D. Gann. This theory is called "The Seven Zones of Activity" in each stage Gann explains what he is looking for, and how the market reacts. Gann describes his "Normal Zone" as a line, that, when price is near that line, it sees little fluctuation, as it is at equilibrium. He explains that very long periods of distribution or accumulation can occur when price is at this "line". For my choice, i decided to use the 20 Week MA. As price saw an extended period of accumulation during the 2017 bull run, and an extended period of distribution during the 2018 Bear Market, both along the 20 Week MA. Therefore, my theory is that we could validly argue this line is now our "Equilibrium". Going forward, we have 3 zones above the line, with the highest zone being distribution. As well as 3 (theoretical) zones below the line, with the lowest being Accumulation. There are no rules as to how long each zone may take, or if they must be equal to each other, so this chart is based off the theory that the 200 Week MA is our "Bottom", similar to the previous bull-run. Feel free to implement this theory into your own analysis, with your own "Bottom", as the next two zones are purely speculation as to the price ranges they will have, and the length of time they will extend. If nothing else, I leave you with this quote; "Remember, it is always darkest just before dawn, and it is always brightest at noontime, just before the sun begins to recede." - W.D. Gann
If you enjoyed this analysis, and/or like cookies, give me a like and follow for more content. :)
MU continuation play good R:RChart is pretty clear with stop location and sellers are waiting above, so that is where you pull stops tighter etc. Happy trading!
