Patiently waiting on confirmation with a couple failed attempted at the highs. Eyes on DXY and Crude as well. Fibonacci Levels line up very well. Fundamentals could coordinate the move lower. SL - 1.3435-1.345 TP - 1.27-1.255 IDEAL Entry - Scale into from 1.33850-1.134 Multiple Week Swing Trade - Bears should indulge. This is not trading advice. I am not...
USDCHF SELL! I am not a financial advisor. FiB Levels are in play. "W" Setup now complete and ready for shorts after market opening. SL is 30 pips above the previous High, and above the 78.6 golden line.
Ladies and Gentleman, I am not a financial advisor. This is simply my own portfolio. XRPUSD LONG on multiple scenarios 1, Triple Bounce on Trendline for DAILY TF' 2. Triangle Squeeze 3. Completion and Clarity of Swell 4, Price is below Moving Averages 5, Fibonacci Levels are holding 5. Consumer Sentiment 6. ITS XRP!!!!! Good Luck. Winters
XRP LONG - multiple confluences. first - the use case. XRP is rocking and rolling, and beating to the sound of their own drum. fundamentally, they are one of the most motivating companies across all spaces. positive news is released daily about this particular asset class. technically - many areas to focus on. the liquidity pullback and retest is a clear sign...
MONTHLY LEVELS AND TREND LINE TRIPLE TOUCH now complete. Until today, the trend line had never been retested for the third time. My technical analysis and fundamental bias lead me to believe that XRP is headed to make substantial new highs during the month of May. The monthly candle closure is imperative in the next 7 hours, as we are looking to stay above the...
GBPUSD LONG PROJECTION - price volume is showing us that the value area of the daily time frame is on the bottom. this points to an upward trend. price is likely to retrace to the value area high. in regards to the ATR, we can see that price is at the bottom of the WEEKLY true range. this will be considered support for now. volume will be strong due to big bank...
GBPUSD LONG THEN SHORT PROJECTION - price volume is showing us that the value area of the daily time frame is on the bottom. this points to an upward trend. price is likely to retrace to the value area high. in regards to the ATR, we can see that price is at the bottom of the WEEKLY true range. this will be considered support for now. volume will be strong due to...
Multiple confluences on long term outlook for DXY. Prepare for bullish flow - which will push EURO and GBP downwards. Fibonacci retracement shows clear path to multiple new highs. 200 EMA is maintaining its support. We will monitor volume to indicate exact TP Levels. Currently looking at 1.1618 and 2.1618. More to come. Good luck.
Good morning all. XAUUSD floating above the .50 FIB on weekly frame. Weak DXY will be the flame behind this move upwards. Double Top bottom formation on the 1217.50 area - multiple taps in this area show the respect. Banks and Market Makers have been loading up on their LONG positions for the last few days as price is forming a triangle. Inverted head...
GBPUSD - under scrutiny due to brexit - but for the time being, all eyes are on their decision coming up on Thursday in relation to the Bank Report. GBP has possible high impact reports coming this week, which the market will automatically price in. DXY is taking a breather for the week. With that being said, GBP has a great angle to increase in value prior to...
Markets will build up their long positions just up until the news comes out Thursday AM. Following the news release, we will see a strong surge to the upside knocking out stops, and enticing people to continue LONG. Once they have enough orders, price will fall quickly and create new lows by Friday AM. Volatility will be low until Wednesday, as most hedge funds...
LTC Buy set up due to multiple confluences 1) trending at strong level of support 2) Awaiting a trend line breakout 3) Awaiting price of bitcoin to begin increasing to bolt LTC above the CTL 4) Head and Shoulder formation on long term 4H chart 5) Crypto exposure over last week worldwide
Long position taken on USDJPY due to multiple confluences. 1 - bullish daily close candlestick 2 - downtrend line has now been broken, and nearly retested 3 - strong USD economic news coming throughout the week 4 - trade war will inflate USD 5 - DXY is bullish 6 - price is staying above 200, 100, and 50 EMA 7 - bullish close on weekly candlestick 8 - TRUMP 9...