


SmartTrader0718
Easy to trade strategy.
A descending symmetrical triangle pattern is spotted in USDJPY. The area drawn acts as a support area and the trend line acts as a resstance line. The possibility of being short is more because it is below all EMA which signals a starting of a downtrend. SELL trade below the support area can be a Golden Trade chance.
As harmonic patterns and levels are explained in prevoius idea, in this idea reversel of trend is observed in ETH/USD.While crossing the 200 EMA their was a bump in VOLUME which signals and confirms the trend reversel. Follow more ideas :
ETH/USD followed our previous Flag Pattern.Then another small triangle pattern was seen after crossing the triangle the trend reversed and uptrend started again in Ethereum.The filled traingle range can act as resistance.The next black line is also major resistance. The trend reversing EMA's are published in next idea. Follow more more ideas :
These are levels for NIFTY50 for this week. Follow more more :
As shared in previous idea,flag pattern is formed in 15min timeframe.As seen, the EMA are indicating a heavy resistance for Ethereum to breakout and start an uptrend.Hence,possibility of continuing downtrend is bit higher than an uptrend. Follow for more ideas :
Flag pattern is observed in Ethereum.If the flag will be broken down then the downtrend will continue and if the flag breaks out then their can be change in trend.But the possibility of continuing downtrend is more. Why possibility is more for downtrend? Get the answer in next idea. Follow for more :
For intraday or short swing trades, bitcoin remains in downtrend.200 EMA in 15 min timeframe continues bearishness.But if cyrpto cross 200 EMA their will be trend reversal and hence the trend can reverse.It has faced resistance at 200 EMA much times and possiblity of following the EMA is bit higher. Follow for more ideas :