The price breaks the bearish guideline, later it activates a double bottom . Great Oportunity
Double Top activated to set a TP around 147. Risk/Benefit : 1 : 2
Hi everybody, Trading is simple but not easy. Ethereum has dropped 30% and now is above 200 Simple Moving Average, you can see in previous months and years how the price once tdropped to SMA 200 and then continued going up. To this trade I will put Stop Loss around 3100 (to leave breathe the price in 200SMA) and go for a Risk / Benefit ratio: 1: 2. Probabilities...
We are waiting for a candle to confirm the bounce in the channel , furthermore notice that volumen is reducing day to day , this could be signal of debility. Good Luck.
Exxon mobile is found bouncing in the downtrend with a green bar . We could take advantage to this rebound looking 67.8 price as a 1st TP with a smal SL under the guideline. We check that the great volume that left the last red bar , in previous volumen like that the trend finished,
This instrument has achieved two goals after broke downtrend and then a bullish guideline , now is bouncing in MM200 and it seems that is going to resistance again .We could enter taking a litle risk with SL under MM200.
It has and objetive activated due to broke a triangle on November 7th and it is touching the bullish guideline several times what its more probably that finish breaking it and active another bullish goal.
we can see that the downtrend broke the mm200 and is going to look the support. I will open Short if the next candle open under the red candle.
I think is probably that EUR GBP is going to touch the bottom 0.00837 , is Little late but it worhts.
it seems that we will have an bullish trend as long as it breaks the rectangle and activates objective , We measure the width and project goal to 14200 , We have as a support MA200 and 6360 that is the base of the figure. BUY : 10300 TP1 : 11250 TP 2 : 14200 SL : 6360 or breaking MA200
Look at the picture and see how the candle of friday bouning just in the support. I will take Short and continue the channel.
We can go long now o if you could confirm with a strong 4H Candle to go long!! For 1ST TP : Simple estrategy that is 1:1 because we have more posibilities to continue the trend until the top of the channel!, then take profits , move SL to break even and leave run profits. bye bye !!
Waiting for a bullish candle to go long!!!! TP 1 at thne midle of the range andtake profits , then continue long with the 50% until finish the range.
WE CAN SEE that the trend broke the MM200 and is taking a breathe to go again. TP 1.314 BUT YOU CAN TAKING PROFITS IN THE WAY . SL --IF THE CANDLE BREAK THE MM200 , THEN GET OUT,
TP 1 --1ST HORIZONTALLINE TP 2 ....2ND HORIZONTAL LINE ONCE the candle break down , get out.