This is a market we have been charting and discussing heavily in recent times. Whilst price has now moved through a period of sideways consolidation, it could be looking to make its next serious move. As the attached 4 hour chart shows; price is testing an important intraday resistance level. If this gives way price could quickly move back into the recent swing...
Neo has joined Rosetta . Rosetta, a Coinbase-led project, is a framework that lets blockchains talk to each other. Neo rose in price after the news. Rosetta is a framework to help blockchains speak to each other. Now, they can speak to Neo. Today, then, things got a lot easier for Neo, a Chinese blockchain platform started by Da Hongfei and Erik Zhang in 2014....
You can see how beautifully the market breaks to the downside but after that makes multiple strong volatile retests which are not great for taking the opportunity to execute in that moment We are waiting for the price to stabilize and then wait for the price action to show you the high probability opportunity and execute it with a smile!
We discussed this market in yesterday's ideas and how the recent price action squeeze had snapped higher. Price attempted to breakout of the intraday resistance level, but once again moved back into the consolidation area. This market is building a pretty clear range support and resistance where trades can be hunted on the smaller time frames such as the 1 hour...
Price in recent times has been making series of lower highs. Whilst the support level is still holding Each attempt to MOVE BACK HIGHER FROM THIS LEVEL HAS BEEN GETTING WEAKER THE TREND IS CLEARLY LOWER We come to important point The key support is crucial and if it gives way we could see another large leg lower with new potential short trends.
This market is showing some interesting Price Action Price is building a huge squeeze and windup pattern The longer these squeeze patterns build,normally the bigger and more explosive the breakout will eventually be. This is definitely a market to watch for those traders who like higher risk explosive breakout trades.
In yesterday's trade ideas we looked at this market and the support level price was moving into on the 4 hour chart. Price has now held at this area and made a small push back higher. If price can now break the intraday resistance around 11545.47 we could see another leg higher to continue the longer term trend.
Support Being Tested Whilst the price of Bitcoin has not been doing much in the past two weeks, it now comes to an interesting level. The medium-term trend on the higher time frame charts is higher with price in recent months making a strong move. Price is now testing an important daily and 4 hour support level. This level looks key if price is to continue the...
Buy stop : 1.31350 Stop Lose: 1.31250 Target : 1.32350 R/R= 1000/100=10
BUY STOP FX:GBPAUD ENTRY 1.8270 TP 1.8325 SL 1.8230
This is an interesting pair. After making a clear trend higher on the daily chart, price has not yet been able to breakout of the recent consolidation and form new higher highs to continue the trend. As the attached 4 hour chart shows; there are clear range support and resistance levels in play. Aggressive traders could look to make range trades from both of...
We discussed this market last week and the important intraday resistance level we were hunting short trades. After selling off twice at this level, price is now once again looking to make another test. Looking at the longer-term charts the trend is clearly lower and this level looks key. This market is now attempting to make a reversal back higher and a break...
After making a nice trend higher on the daily chart, price has stalled into a sideways box pattern. After trying to make a breakout higher that ended in a fakeout, price is very much stuck at the moment. The best play looks to be to watch this pair until price makes a clear break out of this congestion and shows some clearer price action.
This is a market we have been discussing heavily in recent times. Price has been holding at the intraday price flip support level and consolidating. As discussed yesterday, for price to make any sustained moves back higher it would need to bust through the intraday resistance. Whilst price attempted to make a move back higher in the previous session, it ended...
This pair is currently stuck in a sustained period of consolidation and is trading within a very tight box. Aggressive traders could be looking to find trades from the resistance and support levels on the smaller time frames until these levels break. More conservative traders should be sitting on the sidelines until there is a clear break and more free-flowing...
Price attempted a breakout higher in this pair last week that turned into a fakeout with a daily bearish 2 bar reversal. Price was looking to breakout higher and through what has been a tight ranging period. Now price has moved back lower into the range, more sideways price action could play out. In the short-term the intraday price flip level we discussed last...