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PEPE Possible Cup and Handle Patternin my next limit order that I promised you last month, I have chosen PEPE because I am currently interested in how PEPE forms the cup and handle pattern. Of course to be more sure when you can get in would be the breakout as it sometimes happens that a coin only fakes the cup and handle. However, I have now personally bought Pepe here and placed further limit orders. This is also a Good Sample or Tutorial for you guys to see how the Cup and Handle Pattern works. Cheers
Long
by ML-Master
2
UPDATE: USDCAD [D] Technical Analysis & Top-Down [BUY] [190122] Good Afternoon people... Hope you all had a good weekend Here is an update for the recently posted USDCAD Technical Analysis ... The Buy-Order was triggered @50% FIB of the Pin-Bar Currently trading @1.260 zone - This being my initial target for a 2:1 profit. This being marked out on the updated chart as a relatively new resistance level. With a Daily close above this - I will be looking for a re=test as Support and to scale-in. So, a shift of the stop to break-even and the addition of further risk to capitalise on the current profits. Although, this is just an idea and something I always look for when possible. There are PMI USD News/Data releases @14.25 - A possible Banana Skin :/ Further updates to come... Thanks for tuning in people and the likes are much appreciated.
Long
by fxhole_
FR confirms the uptrendThe application of the Fibonacci Retracement tool produces a remarkable observation which is also an indication that the uptrend is still valid. What is observed is the inability of a downward break of the price level FR 61.8 at the price of 1.3830. In case of a buy order this could be a good Stop Loss level. The fact that the exchange rate is very close to the psychological level of 1.4000, may cause nervousness to market participants. An upward splitting in the FR 23.6 price level at 1.4020 could be considered a safe threshold for a trade.
Long
by UnknownUnicorn214400
LINKUSDT 4H, PRICE PREDICTION Hi Trader and Hodlers, + The halving is near, which will reflect bearish on the market like it did every halving. Buyorders (0.236). - Stochrsi is looking to cross to the upside soon, which could mean that we will break the channel soon. There is a possibility we could have a fakeout to the upside which will reflect back in the channel to test the bottom range levels. In my opinion we have to retest the bottom, somewhere the 0.236 and 1.3578 You could average your buyorders on the fib retracements in the chart. Don't think we are going to the moon, first we need a retest of specific levels. That's just how a market cycle goes. Have a nice day Traders!
Short
by TradeProvider