EURUSD Buy; Targets: 1.128; 1.129; 1.137; 1.144 Market structure broken short term, DXY likely retracing. Clear short term (2 Days) targets are 1.128 and 1.129. Previous support at 1.128 will act as next important resistance. 1.133, 1.137 and 1.44 are key levels if we continue bullish into next week. I think this is not as likely given DXY appears bullish in...
Looking for a rally into one of these levels Everyone thinks crypto has found its bottom... unlikely. Until it has lost major media attention we have not seen the lowest the entire crypto market capitalization can go, the lower BTC goes the lower everything else will. This is all necessary for the space imo. Many will get shaken out of crypto during this,...
Bearish bat has formed and has quickly rejected the PRZ which is a good sign the pattern is valid. MACD histogram divergence and huge weekly resistance is still in play. It could possibly be broken given its been tested so much This is the first time using harmonics on the dollar index so I am not taking a large position. Most likely this is a necessary...
1D and 1w look ready for a retrace with bearish divergences. 4H has nice looking head and shoulders, not ideal but definitely valid. If upcoming economic data tomorrow and friday (GDP, unemployment claims, core durable goods) misses the forecasts this would be a catalyst for the dollar to retrace some.
Do you even scalp bro? Using illuminati tactics I learned from ICT Market structure broken with two swing highs taken out entering on the retrace
BTCUSD has made a clean break of the inverse head and shoulders to make a higher high somewhere following a lower low which has triggered a huge bias change amongst online traders I follow on reddit/twitter. Though I dont think this means we will break above 10k any time soon, there is reason to believe we are finishing the bear market. The RSI has not been above...
A nice Bullish butterfly has formed on an important weekly support level. OBV divergent, RSI in potential bounce zone. I like this trade from a strictly TA standpoint, however the mostly bearish sentiment regarding Teresa May and her Brexit struggles has me waiting on the sidelines until reversal from PRZ or fundamental news that confirms a more bearish Aussie...
Clear harmonic butterfly with fairly precise D point that aligns with important weekly close level that has acted as both support and resistance in the past. Price running into the top of the cloud on the monthly chart and a flat kumo level on the monthly is also acting as resistance in the same area Bearish RSI divergence and both OBV/RSI also facing heavy...
Bearish Bat setup with extremely tight PRZ. Looking for last week's close to act as tough resistance OBV in important resistance zone and RSI bouncing on resistance nicely. Both RSI and OBV bearish divergence on the 1D and bearish OBV divergence on the 1W. I often trade this pair based on whether AUD or NZD is stronger against the dollar and the Kiwi has...
Bearish Gartley (Blue) and Bearish Crab (Orange) Both RSI and OBV seem to be heading into resistance. RSI currently at 65 so not a whole lot of room to go up. Looking for OBV/RSI to break below trendlines. Red box is important order block on the 4H in this price range, 132.2 makes sense for SL. 1W cloud just turned bearish and USDJPY has formed bearish...
Bearish Divergence on 1D and 1W, the June close is acting as a strong resistance, waiting for US crude oil inventories to be released this morning. OPEC oil output has increased in an attempt to keep prices near $70 which coincides with target 1. Trade wars also seem to be having an impact on oil prices. Target 1 aligns with weekly open level that should act as...
Hit bottom of trading range; not perfect but definitely a kind of head and shoulders pattern formed; RSI/OBV already broken out of resistance and now resistance should turn to support; total crypto market cap has been steadily increasing and we have seen a local peak in BTC dominance, the combination of the two is typically a buy indicator for alt coins. Don't...
possible bullish scenario with a fractal .618 and price movement ratio line up pretty well we could be setting up for a possible 3 drivers pattern which would mean one more move down before we can see a bull market possibly return.
Entered long at 5913 on bullish bat forming 2 days ago, now we have a kumo cross, TK cross, cloud breakout and RSI breakout all bullish. The OBV still cant get above the level that held as support since October 2017. Bearish Bat could possibly be forming as well after the next leg of this movement up. I am bullish up to 7.5k if RSI resistance can turn to support...
Watching price as we approach 112-113 range. With the yen looking weak despite a poor performing dollar today we are likely to continue up past 110.75 and 111.4. I am currently long with target of 112 after the cloud/Weekly open held as support. OBV resistance has been holding and trendline is approaching it we will see which one can hold. If OBV resistance breaks...
Not convinced to take a position in either direction yet, but were certainly due for at least a short term decision soon. OBV has not been below green box since October 2017 and it is now consolidating between this support and the downtrend line. There is a pretty clear bullish divergence on the RSI but that is not enough for me to long as cloud is still...
Daily Looks solid with bullish ichimoku indicators (kumo twist, TK cross, chikou span broke above price). OBV resistance appears to possibly turning into support. I am looking for long orders in the green box. If this .382 price level/OBV level can hold I want to long on a breakout and retest of the cloud. Ultimate long target 1.595. Possible bat harmonic could...