Richie_the_trader

Richie_the_trader

SHORT AUDNZD ENTRY: 1.05904 STOPLOSS: 1.06259

Richie_the_trader

Nice little buy opportunity.

Richie_the_trader

ETH is approaching the corner of a triangle pattern. Waiting for Bullish evidence to enter long. tIf the bears kick in we hold.

Richie_the_trader

Potential long coming off strong resistance levels, looking for bullish evidence over the next couple of hours. WARNING this is dependant on how the Asian market responds to the "Conflict of interest" news release from yesterday.

Richie_the_trader

We are about to break out of a triangle pattern. If price breaks north of the triangle we are going long, if it breaks south we will hold.

Richie_the_trader

We just completed a breakout from the consolidation zone, the asian market has just started and looks to be bullish. Will update along the way

Richie_the_trader Updated 

BCHUSD is sitting on a previous strong management zone that's acting as resistance. We are waiting for enough Bullish evidence to re-enter this market

Richie_the_trader

Just took a quick look at my NEMUSD chart. Looks like NEM is on the move today, slight higher high. A bit of volume in the market. Its currently sitting beneath a solid management zone. Keep an eye on this today

Richie_the_trader

Trade triggered, price broke and closed bullish outside management zone. Triggered trade, we are live.

Richie_the_trader

BTC has broken out and closed out of the management zone, Trade triggered.

Richie_the_trader

We have had a huge sell off over the last 24hrs, now BTC is pulling lower highs and lower lows, meaning we could be going into a downward trend in order to build more momentum to push through and stay above the 10500 level. This is basic supply and demand.

Richie_the_trader Updated 

Engulfing candle pattern off the back of a good run of Bear candles, the more the better. Really clear confirmation, here with some deceleration then the engulfing Bull candle.

Richie_the_trader

Declaration is something every trader should recognise. Its where you assess whether you are going to stay in or exit your trade. If the later happens we then wait for Bullish or Bearish confirmation depending on the trend we are trading. Back test and look for deceleration around the peaks and retraces of trends, make sure you are trading with the trend.

Richie_the_trader Updated 

Ethereum looks like its on the move again. We still want to be seeing a close in the purple management zone or above to really cement a good bull move. It would also see the end the of the previous consolidation period, since reaching the most recent all time high.

Richie_the_trader

Waiting for price to close in or above the purple zone. We already have bullish evidence with a higher low, now waiting for a higher high.

Richie_the_trader Updated 

We are currently waiting for price to breakout of this previous management zone that price has been bouncing around in, on and off since the 21 Nov. I would like to see a strong Bull candle breakout and close above this zone before i look to enter.

Richie_the_trader Updated 

Power Ledger is exhibiting bullish evidence this morning.

Richie_the_trader

Price has broken through and closed outside of the triangle. Im not in this trade. Im just pointing out that people do and can trade against the trend of the market. For me BTC has to much volatility, which is usually a good thing! However we can clearly see people / investor groups manipulating BTC on a weekly basis. So in my opinion i don't trade against the...