Dollar is flagging at resistance and prior ST channel bottom. While still in Bearish trend the angle has lessened and reactionary trend is up. If successful to break above resistance GLD would break below support at that point and one could enter DUST positions. Resistance zones above are shown on Chart and would be good sell targets for related trades. A...
Bitcoin futures short trade. Target lower channel, Stop above channel. Conservative could stop out on close above moving average. and take profit at trendline.
Bitcoin futures short trade. May be another push to 8675 area, ideal short position on reversal.
Target lower channel, Stop above channel. Conservative could stop out on close above moving average and take profit at trendline.
A nice bullish pin bar into close on Friday but unable to close above breakdown low. No trend change in my opnion as of yet. It may not even get above Fridays close and want to retest high volume low of Friday. But bullsih bars and oversold crossover leads me lean towards upside from here but but a bounce to MA/trendline may be all it is One could go long with...
Pot stock with actual revenue. In bear flag pattern now sitting on prior channel support. Confirmation break out up should either run to prior upper channel resistance or break down and drop to lower channel. Break out would be a buy and drop to lower channel would be safe entry as well with close stops on both.
Bitcoin continues its bearish pattern on 15 min chart. Although at prior breakout support from November, this its its best spot for a short term reversal in my opinion although nothing shows me trend has changed as of yet so I would wait for confirmation or a less riskier entry if I wanted to get long. We could get bounce to prior congestion of 9975 from here....
follow up to earlier post of shorter time frame on EUR/USD. Still in another rising wedge pattern, sliding down a short term trendline, but now at MA support which has held so far and huge volume support. on the last bullish bar. A hold and move above trendline should force a run to recent high test of 1.25359. A move below MA would probably be a drop to rising...
Follow up to earlier post shorter timeframes. Recent break out from consolidation on daily, quick run and we may get pause in time for MA to catch up. Big volume on the recent bearish pin bar of most recent high, although we have bullish a close above that days close we have not quite tested that high volume high as of yet and may need to pause like the green box...
Over all trend is up and should assume to continue til reversed but showing some hesitation, wide range bars on higher time frames. With rule one in mind that a trend is intact until proven otherwise , Nice bullsish pinbar off trendline support but then a pretty quick bearisg reversal off moving average. I would expect a backtest or drop to rising trendline and...
