Lasta chance for a long on GASThe price has almost reached the last static support placed at about 2.56 $, after it there is a gap of 30/50 cents that could be covered in the very short term if the level just mentioned was broken downwards. The main trend, so far, has been reversed: technically the EMA20 and 200 periods on medium / long term tf are above the price and this means that the trend has basically become bearish; with the end of January, however, historically, begins a period of laterality that bounces the price in this channel between $ 2.60 and $ 3.10 approximately, until late spring / summer does not violate the downside support to test the areas around 2.20. For the next few weeks we will trade it by entering and exiting the market, when the opportunity arises, and then keeping a short position in the portfolio for the short / medium term that we will close towards the autumn. Obviously if the scenario changes, we will change the analysis and the strategy.
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Reverse
GBPCAD possible Long opportunity!Hello traders! In the last 2 and a half years the GBPCAD has created a really strong reverse level, that has been already tested 11 times so the chance of bounce of this line is about 75 %. Combined with the recent bullish trendline we should expect another bounce up. RSI is Oversold and MACD is forming a cross. I wish you the best of luck with your trading :) .
10 JAN 2019 - $DOGECOIN Gann FIB Higher Low Trend Mewn Sewn HECC, BTC dumped! Dogecoin must have knewn because it was STABLE trending down for a while now!
Oh yes and it will meeewn sewn :D
such proven much rekked..
We must learn from our mistakes and respecc the price to be payed. Some knowledges cant be priced right.
Bye for now and see you later fren, and beware of the Scammy FUDs
Looking long enough....reverse cup-handle pattern in bitcoinHi Chaps,
Not that it changes anything from my last posts, still bearish, but we have also a reverse cup-handle forming. So three patterns in each other. Rising channel, slightly descending triangle and a reverse cup and handle. Save trades.
Kohl's - ShortStrong resistence-area at 78.75. The share did rally twice with strong momentum before to the area, but failed to break it.
Nice setup for double-top might be built by the closure of this weeks session. If today's close-price stays under 75.50, position will be opened at upcomming Monday.
I like the huge trading zone, providing a considerable chance-risk ratio. TP2-level chosen as previous strong momentum countermoves from resistence-area were 50% and 40%+.
Probable Demand ZoneEURUSD has been going through an extended complex pullback pattern on higher TFs. It seems another bear leg to 1.1175, the FIB 61.80% retracement level, is becoming a probable scenario. Selling short to 1.1175-1.1250, covering and flipping long is the potential setup. As always, managing risk is the most important part. Fractional risk of 1.5-3% approach is the default approach. The size of a trade decreases as the risked price range increases. In another words, trading higher TFs requires a longer wait and a smaller size. Extremely boring.
04 AUG BUY BTC / XBT! - Ichimoku & MACD coming togetherAfter the last sideways in the 8k and the dump, BTC now looks like refueled again to, and maybe real pumpy days coming in when all the lines come together. Could take 1 more day tough.
04 AUG 2018
Bitcoin dipped at ~5.800$ and still slowly entering uptrend to me.
BTC Retrace of DumpThis is a model of the retrace from the dump to 7480. The double bottom at the vicinity of 7500 and the bounce have formed a narrowing channel heading to the first fibonacci level of 0.382 just under 7800. This should be considered a short-term entry for a short or close for longs opened at 7500-7600. After reaching this target, further upside as high as 8k is possible (.618), but ultimately, this is a bull trap/bear flag that should break down at one of these 3 levels.
AU long to 75.000 then short to 73.xxxAU is looking to long to 200ma, i think its going to get near 75.000 and then short down to my channel bottom (73.xxx).
last week price double bottomed back into week open range and closed up, but not over the open of the week, still think it is showing bullishness but over all i am looking to short AU, maybe in the coming weeks.
AU monthly is in a established channel, which alot of people would be watching to break, this week will be the end of the month, i feel like it will just keep ranging in the channel as AU usually likes to do.