Hy guys! Maybe from time to time, I will post some trading ideas again, especially for #XTZ as it has huge potential. Please see the 3d timeframe, which shows a beautiful cup&handle pattern with a 21EMA and 0,618 Fib rejection. Tezos is in my opinion close to a dramatic breakout! If you like this idea, consider to give it a thumbs up and I am eventually...
Hy traders! I just want to share an important update: BTC tested the weekly 50EMA and although price got rejected, Bitcoin didn't dump and still moves in this ascending triangle situation, which could be interpreted as bullish! Please also check this pink box, that tells us that a time of a decision is very near!
Hy traders! The S&P500 is in a Head&Shoulder pattern situation on the 1h timeframe, currently price forming a right shoulder, which is tradable already. I suggest to wait for neckline to break for a safer but also later entry. Price nearly touched the weekly EMA 50 today with quite a strong rejection (Head), so I think we are ready to go down. Good luck!
Hy guys! Nice opportunity to add to your longs or put on a new trade. Price rejecting the trendline, the 1h 50EMA and the 0.618 Fib which should be enough confluence to assume, that this Pullback is probably over! Good luck!
Hy traders! Where do you think price goes? Please let me know in the comment section! BTC nearing the end of this ascending triangle with strong resistance ahead from the weekly EMA 50 at around the 7835USD level. It will be very interesting to see if bulls are able to push through, which would be extremely bullish and I think high prices could be the result....
Hy guys! All the info is in the chart but to sum it up: Bitcoin broke out of a 1h consolidation(triangle) and bulls probably will attack the weekly EMA 50, so its mandatory to watch the 7835USD level, before making a decision! In case bulls can push through, we can consider to go long if aggressive, however it could be better to wait for more confirmation and...
Hy traders! GBPCHF was trading in a range for quite a long time and finally could make it to push trough. Please also notice the fakeout I marked in the charts, which should be a very bullish indicator. The daily 50EMA break adds additional confluence for a great long play with a huge RRR. You can decide by yourself if you want to buy the breakout, wait for the...
Hy traders! EURNZD price action goes according to my trading plan and is for now performing a Pullback after the recent breakout. At the moment price is near a strong support and the 0.5 and 0.618 Fib levels with a good chance that price could reverse from there and continues the rally to the upside! Consider to wait for the 5min trendline to break, before...
Hy guys! Checkout this beautiful inverse Head&Shoulders reversal pattern, started to form at the daily flipzone(Head) and at the moment price seem to finish a kind of right shoulder situation at the downtrendline on the 1h timeframe! Wait for the Breakout and you can consider to buy into a long position. Please also notice that the daily candle from yesterday...
Hy traders! Please check the screenshot carefully. Gold looks like it cannot rise higher as for now, indicated by the 4 tops which I marked in the charts. I also would like to highlight to check the upwards trendline and the orange intraday trendline which needs to be broken, before considering an entry. Entry on the breakout for a higher risk trade or just...
Hy guys! Tezos is very bullish and it looks to me that price could repeat a Februar 2020 situation, where a triple EMA cross happened right before this parabolic price rise to nearly 4USD. In the current situation we could see a Pullback to the 2.58-2,60USD zone which aligns with the 0.381 Fib level and is also a flipzone, indicated by many touch points in the...
Hy traders! The S&P500 seems to try hard to make a comeback and honestly speaking I am not surprised, because this market is still bearish and we are probably nearing the end of correction wave B on the daily timeframe. However, there is still some room left to the upside at around the 2940USD level, so we should wait patiently until we have enough evidence that...
Hy traders! USDCAD looks could start its 3rd wave on the 1h timeframe soon. Wait for the breakout of this strong resistance/flipzone and downtrendline. For a safer entry you could wait for a Pullback into the Breakout zone. Nice RRR of minimum 1:3, consider protecting your SL below the Breakout area and the 1h 50EMA. Good...