Trading-Guru

Trading-Guru

Let's do some fib scalping today. Here on NZDJPY we can see a nice fib retracement going back all the way to the .786 level. When you trade a retracement here you'd want to go long on any of the major fib levels. The lower level you pick the better risk reward you're getting as the expected upside increases significantly relative to the expected downside. We've...

Trading-Guru

Wow. What a day. We will still look back on the 20th of April 2020 in many years from now. And such a pragmatic day too btw to pick for such a memorable event. Really easy to remember. Oil didn't just go to zero. It actually went negative. So... Come and pick up those barrels. Please take them from me. I'll give you $30 each, but just please! Help me get rid...

Trading-Guru Updated 

Wow. There's so much going on here on Gold from a technical analysis perspective. In this idea I will walk you through all the important things you need to know before trading. The start this off, the nice thing about trading gold right now is that there is so much volatility in the market. Many months of perhaps years of price movements get condensed into just...

Trading-Guru

Hi all, I don't usually trade patterns like this such as fractals. This is my first, so I'd love to hear from you... the community of Tradingview! Please give me feedback on this idea and let me know how to improve it. Perhaps you can share some ideas you made with fractal set-ups? I believe if I do everything correctly, we can look for similar patterns that...

Trading-Guru

Hey all, here’s another entry on my tradingview series called 'Quick Updates'. After the triangle broke on the left, I expected a stronger downturn. However, the price stayed relatively stable and is now oscillating between support and resistance looking for a new direction. During these moments of oscillation, we can get a few good trades in. On the chart you...

Trading-Guru

Hey all, here’s another entry on my tradingview series called 'Quick Updates'. On KNC We are greeted with a nice scalp opportunity here. The price is falling back to the support area again after oscillating nicely between this horizontal support and resistance area. --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where...

Trading-Guru Updated 

We can spot a trend reversal here on Bitcoin Cash. After a downtrend of about 10 days, it seems like we've hit a temporary bottom. I've charted the new uptrend in this slightly diverging upward channel. The road upwards is never without issues, so I expect a few bumps here and there. It is exactly on those bumps that I suggest to take the long position. Don't...

Trading-Guru

The price is currently in an ascending triangle. The triangle is a really powerful bullish pattern. We can see the top resistance line being tested over and over again. At first the pushback by the bears was really strong, but the second time it was weaker. Now, I expect the third time to be even weaker and eventually the bulls to push the price through. If they...

Trading-Guru Updated 

In this idea I will explain how you can leverage psychological support and resistance levels for trading ETH/USD. This will help you earn more money while trading, and gives you more understanding about the markets. I have been talking about this for quite a while now, and every time it shows that it works again and again. I will split this idea in multiple...

Trading-Guru

The price of XRP/USD is currently right on this very popular trading area of around 19 cents as seen by the volume profile. Also we can see that the price is looking for a direction after converging slowly to the tip of this symmetrical triangle. Both of these signs are neutral and don't show direction yet. This is a trend we are seeing with many altcoins right...

Trading-Guru Updated 

In this technical analysis I will break ETH/USD down by looking into two important observations. First of all, we see two interesting psychological levels on the chart. The $175 level and the $153 level. The price is hugging the 175 psychological resistance area here on ETH/USD, which gives a lot of resistance to the current price. However, there is not a fight...

Trading-Guru Updated 

What a tight squeeze here on the bollinger bands. The prices haven't moved at all in almost two days. This isn't just for BTC USDT, but for the entire market! For comparison I added some major market caps here as well. And you can see they have also been completely on halt. However, we can see a small spike of volatility here on the most recent candle. I expect...

Trading-Guru

Gold has been going up by a staggering 20% within just 4 weeks. After seeing this basically unsustainable growth we need to start zooming and look at the important levels for gold. The first resistance level that you should be looking at is the one around 1780. Should gold spike up further, we can expect that the price finds serious resistance here as the 3...

Trading-Guru

Bat is going down again here in this channel after seeing a significant upwards spike of 100%+. Surprisingly, the coin didn't suffer much during the Corona crisis. However, you could argue it's already priced in as we're looking at the BTC pair here and not the USD pair. I expect the price will continue to go downwards for a while until we reach a very...

Trading-Guru

There's such a great benefit to trading coins near their all-time low. They make for incredible returns. Even this innocent scalp trade gives us a fantastic Risk-Reward and a 17% profit potential. After seeing this support hold quite well during the stop hunt, I feel more confident that we won't see lower lows any time soon. This is a great opportunity to exploit...

Trading-Guru

The price is oscillating here between a zone of support and a zone of resistance. Going into the weekend these are the most important areas to look out for. We can see that the price bound off the 0.5 fib level just now with a really strong green candle. In general there seems to be an upward move happening on AUDCAD with a small slowdown in the last few...

Trading-Guru

Hi everyone, just before the weekend is starting I want to give you this technical analysis so you understand what the most important things are you'd want to be looking out for. This is especially interesting for when the markets open again on Monday. We see two very interesting areas. First of all let's zoom in on the support zone around 0.869. We haven't...

Trading-Guru Updated 

Here on ETH/BTC we can see that the inverted head and shoulders pattern already played out after the sudden bullish gains starting yesterday evening. Combining the fact that the sudden boost reached a hard point of resistance (S/R flip) I suggest a short position here for a trade set-up. It is not common that the price keeps going upwards after such a strong...