On a 4H chart, I expect a double top/OR a correction in the next 24 hours as momentum isn't pretty much present for this new uptrend. This might be due to the weekend, but I'm waiting for a reversal due to low upside volume. Don't short yet. Wait for signs of a reversal before doing anything. I advise to cut long positions now or in the next 12 hours to come to...
Analysis of supports/resistance, along with volume & patterns recognition. Profit taking will be done at round numbers for an increased safety.
Simple technical analysis for a daytrade SHORT opportunity on AUDCAD. Next key economic news tomorrow (Monetary Policy Meeting Minutes for AUD).
According to my previous analysis which revealed to be true, I can tell you with an 80% success rate that bitcoin will re-test 13,800$ level before 2017-12-13 (9 PM GMT+1). The orange box is the zone where the price should retest back the red median line in the channel. If the price doesn't hit back the median line after the orange box, we should consider that...
We can observe a head&shoulders pattern forming on DAILY BTCUSD chart. It is not finished yet, but if it finishes, it will announce a short term retracement. Also, a bullish hidden divergence indicates that the uptrend will continue. NOTE : i only have some months of experience in trading, take my analysis with caution. Regards
Hey guys, I except a retracement on short term (4H) BTC price. A regular bearish divergence and a HANGING MAN bearish candlestick reversal pattern makes me think of a retracement for next hours. Also, STOCHASTIC shows that BTC is overbought. What do you think about this ?
Hey guys. As you can see, there is a big bearish regular divergence on the 1M USDGBP chart. Along with the MACD crossover, we can except a big bearish reversal starting for the next months. On short term (W and D), i see two bullish hidden divergences. D bullish hidden divergence is confirmed by MACD crossover + starting uptrend + hanging man on 13/10/2017. I...
This bullish hidden divergence along with trendline make me think that the trend for the next weeks will be mostly bullish for EURUSD. What do you think ? Give your ideas in comments ! Note : i am still a beggining trader. Not all my ideas are right but i do my best based on what i learn to give you a fresh perspective of markets.
If conservative, wait for MACD crossover before entering the trade. I've spotted a bullish hidden divergence on BTC, along with a bollinger squeeze starting. I expect a very strong move up in the following day or during the week.
Hey, i am not vert experienced to trading but i've found a reversal candle pattern on BTC/EUR and i was wondering : maybe we are at the beginning of the Eliott Corrective Waves ? (wave A). Tell me what you think about it in comments.