AbdorhmanThi

AbdorhmanThi

Bitcoin just made new highs. It slowed down as soon as it hits the 1.27 fib level. Showing signs of new resistance, however, based on my outlook, 3.7-4k is the main target for Bitcoin now. There are two ways to approach this, both requires the patience for price to retest previous high as the new support. If it breaks below the support. Then we potentially can get...

AbdorhmanThi

There is a bullish bat forming on the 30 mins time frame. This will be a good opportunity to enter long on the bullish pair. Trade with care.

AbdorhmanThi

I dont think it was a coincidence that eth drop that one time to .10. It aligned too perfectly with the trend line indicated, maybe it is in its algo to move a certain way. Whatever it is, it is providing a clear trend which is good, at least for me. If this trendline is broken, a huge drop will occur. But with bitcoin making highs, it is likely ETH is going to...

AbdorhmanThi

This post is legit my old post a few weeks back (tagged it in the notes below). It seems like the setup is going as planned. Looking to buy at 44$ and aiming for 80$ target. Let's go to the sky everyone! Trade with care.

AbdorhmanThi

Silver made a head and shoulder and respected the descending trend line. Now we will look for the golden number retracement to sell for a continuation. After selling there will be a good long setup at 15.40. Though I am not so sure if it will reach that level. But let us see. Trade with care.

AbdorhmanThi

Since Bitcoin just made new highs, we can expect Ethereum to follow suit soon. Here are two possible ways that Ethereum will climb up. My favor is moreso the blue arrow. The white arrows are a lower possibility of happening. But trading is a game of probability, take your chances :). My view for Ethereum is to reach previous high at least. But a new high is...

AbdorhmanThi

Looking at the weekly for all euro pairs across the board. Eurjpy is the only pair that have potential uptrend continuation based on my data. I found a Bullish Gartley Pattern formation just as market was closing this pass Friday. However, my view long term is it will go down just like the rest of the Euro pairs. Going into next week, I will be looking to buy it...

AbdorhmanThi

After a massive gain on the Euro pair, we finally saw some relief on it. Next thing to do, since the drop on all Euros were heavy, we can see it as a trend reversal. Look for a retracement to sell. A double top formed on Friday and looking for entry at 61.8 pull back coming into next week, will be a smart move in my opinion. Remember to trade your own plan. This...

AbdorhmanThi

EURUSD have pushed so far. Now it is time to sell this pair and let it run all the way back down. Clear indication on many Euros pair that euro will fall up coming week. Put stops above weekly high. Trade with care.

AbdorhmanThi

There is one thing with great opportunities in the market. That is either it leaves very quick or it plays around long enough to make you second guess yourself. Some times we prepare, anticipate, expect certain actions to go accordingly, that we end up missing the whole picture. Silver I believe is a very great opportunity. Silver can either go fast or play around...

AbdorhmanThi

Here is a good possible entry to go long on silver. Stops should go below that long wick. This might be a very big winner. Trade with care.

AbdorhmanThi

My previous post on NZDUSD is going well. The stop is moved to break even, however, this pair can still make another move up before coming down. If this happens, it will give us even a better risk reward ratio. Let us wait and see what the market have in store for us. Trade with care.

AbdorhmanThi Updated 

This pair has broken the uptrend line and I believe it will retest the trend line before or during the NFP data release tomorrow to complete a bearish cypher pattern. This will give us a great opportunity to short. I am looking to swing this trade to about a month due to the level of structure it is at. Trade with care.

AbdorhmanThi

Here we have a very nice setup with a good idea of where to put our stops. A lot of indicators are pointing to the downside and after a strong move up, we should expect some sort of correction. Trade with care.

AbdorhmanThi

EURNZD is giving us a Gartley pattern formation on the 30 minute time frame. This previous level of entry has been a strong support in the past, therefore we are expecting a good move back up to the 61.8 fibs level. Trade with care.

AbdorhmanThi

We had an impulse move followed by a corrective structure. Now we are waiting for a breakout then short this setup to complete then 2nd impulse. Trade with care.

AbdorhmanThi

This past week Litecoin made new highs. It probably caught a lot of people attention. Also probably got new buyers to buy at the high, just to see it slow down. The price is respecting the channel, therefore I will be waiting for a deeper correction before placing more buy for this coin. Trade with care.

AbdorhmanThi

Looking at what happened with my recent post on bitcoin and where it is now. There is a new buy setup coming soon. There is still a good chance for bitcoin to go either way in my opinion. Long term I still believe it will go up. The recent buy setup I posted is no longer valid and that is fine. Now we are presented with a new long entry, which if happens, give us...