Entering a long on litecoin here, it's been respecting this trendline well on the 1 hour as well as has been hovering on a key fib level. Using a tight stop loss just below market structure. 1% risk.
Based on a very strong (multiple taps) trend line on both the weekly and daily charts, It is also sitting on a daily key level. BCH looks poised to continue to make higher highs in the market. Targeting around 280 pips, using the previous structure high as the take profit and key fib levels as stop loss reference.
6/19/2019 -- entering a short here on GBP USD primarily based on market structure. RSI is cooling down and MACD looks like ticking will begin to accelerate negatively, adding confluence to the trade.
XRP has been ranging between the two key areas here for quite some time. RSI shows very overbought, EMA's look like they may cross soon. Using a sell stop to allow for some downward price action before entering this sell.
06/17/2019 Entering a sell position based off of a potential 5 wave structure and targeting the previous daily support. A quicker scalp trade, looking to catch downtrend continuation. 1% risk.
Looking for a sell on GJ based on structure. Pending sell here, targeting current lows.
06/17/2019 GBP AUD is sitting just below a crucial 4Hr trendline with multiple taps, as well as looks to be poised to continue its downtrend structure. Entering this trade with 1% risk, with stops just over the previous resistance zone. RSI also forming nice divergence.
As of now, EUR / JPY appears to be poised to break the previous H4 downtrend structure. MACD histogram is beginning to tick upwards, and the pair has been consolidating nicely on this daily key level. If the candlesticks from an bullish engulfing pattern, I would enter a long.
USD JPY -- potential for a long here. The histogram on MACD has already created the largest negative side bar and is about to cross on the negative side, making a buy a good opportunity. RSI is fairly oversold at around 30, contributing to making this a good buy. Additionally, it is at a key market level that the currency pair has been respecting as a floor for...
GJ appears to be moving up from here -- from the daily all the way down to the 30 minute chart, the RSI is mostly oversold. Additionally, it is at a key level currently.
As of now, EUR / JPY appears to be poised to break the previous H4 downtrend structure. MACD histogram is beginning to tick upwards, and the pair has been consolidating nicely on this daily key level. If the candlesticks from an bullish engulfing pattern, I would enter a long.