AbdorhmanThi

AbdorhmanThi

Pretty awesome Ethereum is completing the 2618 pattern setup. I am hoping it forms a gartley for an even better long entry. We are heading back up to the $400. It would be an absolute amazing opportunity if Ethereum come back down to the 230 level after retracing to the 61.8 fibonacci level. This would give us an optimal entry with little risk involve. Let's...

AbdorhmanThi

It seems like bitcoin is running out of fuel. I think bitcoin will drop to 1000-1500, before going up Right now I think there is a good short term trade. It is worth holding in case bitcoin do break the down trend line and continue going up. Although I dont think it will. Trade with care.

AbdorhmanThi

Price is reaching a heavy resistance area, therefore it is a great time to be looking to short. I will be looking for a double top and a 2618 to enter short> Since this pair is moving north pretty fast, I want to find the most conservative approach to trade this. trade with care.

AbdorhmanThi

AMD has been pushing higher the last few weeks. It now looks like AMD will be cooling down before it attempts to push higher. I am confident it will push to new high before earning. I am currently waiting for it to hold the current level before confirming it will go higher. Trade with care.

AbdorhmanThi

My overall outlook for WATT is long and this scenario gives a good reason for entry. Stocks don't move based on technical as much as it does with fundamentals. But you can definitely use technical setups to find a good entry. Will be looking to buy WATT at 12.40. Short term target is 14. Long term target is 19. Trade with care.

AbdorhmanThi

Litecoin is moving how I like it to. I am hoping it correct itself a little deeper for a better risk reward trade. I am currently in at $35 with a target of $48. I don't expect any new highs yet for July. If any new highs will be made it will in August. Trade with care.

AbdorhmanThi

There is a gartley pattern forming for a sell setup. This trade is a good high probability trade thanks to the corrective structure and the retest of resistance. Trade with care.

AbdorhmanThi

We are currently in a consolidation for this coin. I am expecting a move down to previous support to buy again. I already sold my coins at 47.80, looking to buy around 41. Hopefully this time it will go towards 55 then 60 after. Trade with care!

AbdorhmanThi

I am expecting LTC to go quite high by end of the year. But that doesnt mean we cannot trade it in between. Price have been respecting the new support level. My target for the week is price of $60, which will bring us to the 1.618 fib extension. If price rocket through this level, then we are surging to 100. Trade with care.

AbdorhmanThi

Waiting for a breakout. Low risk and high reward area. This trade is on a daily support area. First time it is touching this area. It is also oversold on the RSI metric. Let see! Trade with care.

AbdorhmanThi

Gartley formation on the hourly chart for the USDJPY. Will look for a continuation to the downside. Trade with care.

AbdorhmanThi

AUDUSD have pushed higher to a new resistance level. Looking for a double top to test new support. Potentially have a buy at support once price reach target. Trade with care.

AbdorhmanThi

Here goes another shorting opportunity for the AUDUSD. Though on most pair, the AUD seems to be gaining strength, this trade will be a small size trade. Trade with care.

AbdorhmanThi

I am expecting USD strength as most pair seems to be pointing towards that direction. There is also a potential bat pattern forming as well. This might take a week or two to play out I believe. Lets see what Friday brings. Trade with care.

AbdorhmanThi Updated 

I am expecting a push up then a huge sell off. Overall direction is to sell for new lows.

AbdorhmanThi

Similar to my post on GBPJPY. I am expecting a ABCD completion at previous support. There is a possible one more up move to the .50 fib level. The difference between the two pair is that UJ have not broken the trendline yet. Therefore we must wait for the break out or look for a setup at a higher level. Trade with care.

AbdorhmanThi

I have been waiting for this pair to break the consolidation it is in. It appear this pair will complete the ABCD pattern. There is also a gap if you look carefully. Once price reach the gap we will be looking to long from there. As of right now, we will wait for a retest of the break out to enter short towards the completion of the CD leg. Trade with care.

AbdorhmanThi

There is a bearish bat pattern forming on the h4 near the .50 fib retracement level as well, giving us a confluence. AUDUSD structure is still bearish so we can sell and hold or take traditional target to be conservative. Trade with care.