Bitcoin has been consolidating for a while now, and it is trapped in between a resistance and a trend line so i'm expecting a bigger move really soon like now or in a few hours, becouse one of these has to be broken for the bitcoin to continue moving. I'm exprecting more of a down move but, if it breaks up buy, if it breaks lower sell(that's all).
I'm watching this pair for a while now. I was waiting it to reach the demand zone that's marked with lite green. I'm still not truly sure what's going to happen there. I'm waiting for a short to appear but the EUR has became really strong in the last days and it looks like the weekly zone marked on the chart, that the pair has been bouncing of it a lot lately is...
So our gbpusd has been printing that daily reversal pattern for quite a long time now. Yesterday we had a close of the daily candle above the 1.30000 level so the price might be going back to the upside and eaven breaking the upper 4h trendline that closes our pattern. That should mean a long for us, a bigger long for about 500 pips so be patient wait for the...
After a big rejection of the weekly and monthly zone at the top we got a big rejection and the pair is forming a flag so nice it would be a loss to miss the moove to the downside. We got a hit of the 38.2%fib and a 4h MA200. But the moove to the down side is indicated by that nice bearish moove and a flag. Notice the difference in the candles while mooving down...
We got our second top on a weekly zone 1.00500 and a big rejection. That might lead us to a reversal so keep an eye on 0.10000. If we get rejected there with a big 1h bear candle we can sell the mf. 0.98 and 0.956 are our targets. The path to target2 is about 400 pips(bigger moove) so wait for the rejection patiently if it goes back up through the 0.1 you should...
A bit more than a week ago I was talking about that gbp/cad hitting support and reversing. It happened, it allso hit our tp1. Now it is making a daily pullback and going for continuation to 1.71000. Watch the news today, I think its going to have a great bear impact but if it fakes out on the top I will search for re-entry due to allready selling it with the stop...
Okay so a few posts ago I talked about the break of the xauusd. Now its forming a flag as I said 'wait for the flag to form', it's going to confirm our trend continuation. Flag is there. Wait for the upper support of the flag to get broken and you can buy the pair. Stoploss is below the low of the flag and take profits are: -tp1 @ 1283.00 -tp2 @ 1300.00 As for...
BTCUSD broke that 4h trendline and is now forming a flag. If you look more precisely you can see it's printing a reversal head and shoulders pattern too. We should get now a correction to about 7750, if the daily trendline and the zone gets broken we should be seeing the pair at about 10k again soon. Daily view:
We got a nice big bull moove on gold. Wait for the correction(flag) and go long to the daily trendline, if it breaks the trendline the price could reach our last top there. Keep it simple.
The pair is allready slowing down around 1.58, it allso hit the daily zone at precisely 61.8% retracementand and now im expecting that bearish momentum to apear. wait for the 4h trendline to get broken, wait for the flag(it's a continuation pattern so it confirms the momentum is going to stay bearish) and you can enter a sell about to 1.55 or eaven 1.53. You can...
We just got a 3rd big rejection on that 1.155, it also allready made a bit of correction on a lower timeframe so im going long on this pair for now:) buy by market - sl @ 1.161 -tp1 @ 1.182 -tp2 @ 1.95
Gett ready to short eurcad. I was talking about it a few posts ago and now we finally got that bearish moove and we are getting a flag in a form of a triangle so wait for the bottom side of triangle to get broken by a 1h candle and and you can enter in a short position. Stoploss needs to be put above the triangle (I recommend 1.54550) and the take profits are: 1st...
The pair has been making a bigger timeframe correction lately. It hit our zone and dat fibo 50% and turned around sharply. Watch for the trendline to get broken by a 4h candle and then wait for a smaller correction(flag) which will be our indicator of a downtrend continuation. After the correction is established you can short the pair all down to 1.73300 or eaven...
While last friday's retail sales on Canadian dollar made an impulsive move up leaving us just a big wick, shows us the zone above it is really strong. We have there a weekly support and a fibo 50% + looking at the Canadian dollar currency index it just hit the monthly trendline and did not manage to break it. Looking at a weekly chart i think the next EURCAD...
As you can notice GBPUSD has been trading in the upper part of the channel in the last days. This means that the bulls are slowly entering the market and might beat the bears. Allso we got a strong rejection at the 1.31000 zone, which we could get a retest of before the pair pushes through the trendline. My opinion is that it wont get that low again so I will...
Durning the yesterday's USD news we got a second rejection of a 1.155 zone on EURUSD 0.54% , which is also a weekly support. That gives us a nice double bottom and shows us a possible moove to the up side(a bigger correction before continuation). I will be watching the pair if it breaks the trendine i am going to wait for the flag and enter a buying position....
Ethereum is on a bigger timeframe downtrend. At the moment it is getting rejected by a fibo 50% and a trendline. If it does nit make a big moove up and break the zone and the trendline it looks like a really nice short position. Im expecting the price to reach 454.4 or maybe eaven 378.8. Be patient wait for the pair to be clearly rejected and make a bigger...
The pair made a really big moove to the up side without retraces and hit the weekly trendline and a weekly resistance. At the moment it is slowing down and it's printing a reversal pattern on a 1h chart. I'm expecting a big bear moove, try not to miss it.:)