I'm looking for price to pull back into the first test of a Drop-Base-Rally on the 60 min. Price is also forming a Pennant pattern. Price has been pretty bullish the last two weeks. I'm looking to get long around 1.1095, stop at 1.1065, and I'm looking to take profits around 1.1315. Good luck trading out there.
I'm looking to get long in a stop push. On the 30 min chart on the right looks it like some support showing up around .6740-6737. I'm anticipating a bunch of longs being pushed out around .6730 because that would the logical spot to have your stop. So looking to get long when everyone would be getting stopped out around .6729. I would have my stop just below that...
There is some RSI divergence on the 4 hour chart. USD/CAD might start to get out of its bearish rotation in the coming days. You can see on the 4 hour chart, the RSI is starting to build momentum to the upside. On the Daily the RSI is starting to pull away from oversold and is starting to build in strength. We just need to see price catch up. I'm looking at the...
There is some divergence on the 240 min chart between price and the RSI. Price rejected the Drop-Base-Rally around 1.0840's. I'm looking to get long at the 50% retracement of the Hammer candle wick at 1.0847 (check your data.) My stops will be just below the swing low at around 1.0830. I have a few targets at each of the swing highs (1.0885, 1.0943, and 1.1060)...
Ethereum is going parabolic. Here is a potential zone to take profits or to look for bearish evidence (10.3775). I would wait for price to crack before getting short. The price targets are just examples of potential trade ideas. The 6.0000 even handle is the area where I would look to get long. Be careful with this one, price can still run irrationally high. Good...
Price is approaching a very crucial zone. The 415-420 zone. If price comes down and holds we can look to see price potentially test 460, then 500 again. If you are long or are looking to get long keep that 500 level in mind. The last time price ran up that high it quickly rejected that level. Although we are in a much stronger and sustainable up trend. Conversely,...
There is some divergence on the Daily chart. Which could lead to a change in the trend. On the 15 min price is entering into a previous consolidated range (yellow box.) I'm looking for price to reject the bottom part of the range at the .786 fib 1.3913. I would like to see price V-Bottom or see some other strong rejection around that area. Then I'm looking to take...
There is a bullish bat completion at .7091 on the 240. If you don't trade Harmonics this level has some strong support as well. You can have your stops just below the swing low around .7065. I would look to take profits up to the former support level at about .7165 and the swing high at .7245. Good luck trading out there.
There is a one-to-one bull flag completion at the 1.618 extension of the move. The .6720-.6740 level has acted as resistance. Price could potential reject this level again. Watch the price action. Good luck trading boys and girls.
There is a potential long opportunity on the 60 min time frame. There is a .618 retracement and 1.272 extension lining up in a nice demand zone. Price is holding around .7134 at the .50 fib level. I'm looking for price to have a False breakout to the down side right into the that .618 level. I'm looking for price to reject the drop-base-rally area at .7114-.7120....
This former support line may act as resistance. This is potential area to get short with a .382 Fib for right in the zone. Look to go short around .6625-.6630. Looking to take profits around .6578 at the drop-base-rally zone. I'll have my stop just above .6630's. Good luck trading.
There is ABCD completion on the 4 hour time frame on GBP/USD. A potential Bullish opportunity around 1.4263. Lets see how price reacts to this level before getting long. You get then take profits or look for a shorting opportunity around 1.4420's-1.4440's. There is also a Bullish structure/Bat pattern completion around 1.4146. Plenty of opportunities with this...
I'm looking to get long around 360.00. We've had strong support around this area twice now. I would wait for price to reject this level before getting long. I have my stop just below the swing low around 350.00. Then I'm going to take profits around the swing high at 460.00. Good luck trading out there.
In this trade, I simply just plan on selling the highs of the range and taking profits at the low. We do have some RSI Divergence on the 60 minute time frame as well. I'm looking to get short around 1.0962 with my stop at 1.0992 and my target at 1.0800. I may front run my target by a few pips. I would wait for price to put in a shooting star, doji, etc before...
I'm looking for price to retest .6541. The overall trend has been really bearish and expecting that to continue. With that said, I want to see price test the .6541 area and reject on a 240 candle. I am going to wait after the 240 close on the test before getting short. I would have my stop just above the structure area around .6575 just in case of a fake out. I'm...
I'm looking at a possible breakout in Bitcoin right now on the 60 min. I would get long now or wait for the breakout around 389.00. I'm keeping my stop tight just below 380.00 and my target is at 430.00. If you miss the breakout you can get in on a potential retest. Good luck trading out there.
There is an ascending triangle on the 240 min chart. Bitcoin is in a nice up trend. If we see a break above 468.00, I'm looking to get long. There is some resistance right at 500. So if you miss the breakout to the up side I could see price retracing back to 470's to get long. I would take profits at 600.00 around that weekly resistance area. On the downside if...
A 240 min Bull Cypher just completed at .6724. Looking to get long at .6730 with a stop at .6715. I'm taking profits at .6843. Good luck trading out there.