mddon

mddon

Etherum is yet to give a good entry for buy or sell. From chart analysis on the long term view, we have higher probability for bearish move than bullish. Also, my short term trading position will be short after a bearish breakout from the raise channel, with first and second targets at 2604 and 2336 respectively. However, looking at the coming NFP economic data...

mddon

Looking at the chart - candlesticks, patterns, trendlines and S/R, I am looking at taking a short position on this asset if price goes below 64580, which will be invalidate (for a buy) @65010

mddon

this is a pull back before resumption of upward momentum

mddon

Price on decision area. watchout if price holds or breaks out to take advantange

mddon

pair in an early up trend, sell at PRZ for just a pull back

mddon

Price is currently on demand zone, Price is on second leg of 'W' formation with price divergence. Taking a buy at the break of trendline or wait till a break of neckline will be ideal.

mddon

Potential short trading Idea, price on down trendline, supply zone and bearish bat harmonic completed at D

mddon

Price on supply zone, and have completed bearish harmonic @D (121.177), as well as RSI Divergence

mddon

We have two harmonic patterns (bearish ABCD & shark) that has completed the D-leg. Price has also approached supply zone. trading the harmonics would be ideal

mddon

bearish bat harmonic patter has just been completed at D, price approaching supply zone as well as on a down trendline. instant sell for aggressive entry or waiting to see further confirmation from candlestick formations on the supply zone will be ideal.

mddon

Price is currently on a strong resistance. An head and should price pattern is almost completed. Price is yet to break the uptrend line. therefore a short after a possible appreciation will be ideal. However, patience should be applied, therefore we wait for other confirmatory reasons (like the break of the uptrend line) to take the short

mddon

I'm looking at a short from current price to complete the gartley and ABCD Patterns currently forming. Thereafter, a Long at the PRZ of the converging harmonic patterns towards the down trendline.

mddon

Down trendline broken and retested. Inverse head and shoulder (reversal pattern) has almost completed the right shoulder. Aggressive entry (Instant execution and sl behind the right shoulder) wont be bad. However a conservative entry (i.e a buystop above the neckline) will be ideal.

mddon

The pair is approaching a demand zone and also forming two harmonics ( Bullish Cypher and Bullish Shark). Therefore a buy any where within the green box is ideal with tp @1.12620 and sl @1.10435.

mddon

Price on Demand Zone, with converging bullish signals (Bullish ABCD Pattern and Bullish Gartley - not invalidated yet. Also Bullish Divergence is obvious on D1, H4 and H1). From D1 Chart we can see double bottom price pattern. We have to patiently watch Price for more bullish confirmation, since price seems to still show a bearish momentum. However a Buy limit @...

mddon

The pair just completed two harmonics (Bearish Butterfly and Bearish Deep Bat) @D where Price is currently at supply zone. Bearish exaggerated divergence is obvious at the oversold condition of the RSI. Also using multi-time frame analysis (HI), more reversal signals including regular divergence is obvious. Taking a short @ current price or pending order @ 83.269,...

mddon

EURNZD has broken a trendline though yet to retest it, thus the bullish BAT Harmonic Pattern which is a pull back in regard to the new trend has just completed its D leg, and a reversal candlestick is obvious at the PRZ (D). Consequently a buy at current price, SL below X (1.68773) and TP @ B (1.71235) would be Ideal.

mddon

Inverted Head & shoulder price pattern on H1 after the break of the down trendline, a breakout above the neckline will activate the order BUY STOP @ 0.68902, STOP LOSS @ 0.68552, and TAKE PROFIT @ 0.69487