regarding our live trade, as asian market openS, price enters into a consolidation phase.
still holding tp moves sl to entry and we have risk free trade baby.
CHEERS!
Tezos has been ranging since February
Will we see it follow LINK in its mooning?
Increasing points for the bulls on this daily box
Probability:
70% bull break, 30% bear break
Estoy simplemente probando una manera descriptiva de analizar la información basado principalmente en los rangos de precio, trazando areas o barras que determinen la predominancia entre piso y techo en un cierto periodo de tiempo, siendo directamente proporcional a su longitud, es decir su alargamiento en el tiempo, su peso como factor de confianza, en donde puede...
Hello people.
I keep it short and simple today!
Oil is in a box at the moment.
If you look closely at the moment of March 20, it seems that we are going to experience the same moment now, There is a good chance that we will drop back to 21.
There is a small retest where the first high came in around 27.30, so I'm going short!
Stops just above the highest...
ETSY has been consolidating within a standard box pattern for the past several weeks, and has broken out of its initial trend line resistance, ready to test the upper region of the box at 73.50-74. Whether or not it breaks from there remains to be seen, but a test of 74 would yield 3+ points per share. Not a bad return.
FX:USDJPY
The rate broke the January falling trendline and the falling gap resistance invalidating my immediate bearish bias on the pair.
I am now looking at this as a potential double bottom formation and will be looking for a neckline break at 115.50 to target the yearly highs at 118.60.
A strong rejection from the neckline would indicate further range...
FX:EURUSD
The rate is currently testing the neckline of a small double top formation which has formed at already established range resistance.
I am looking for a downside break below 1.0505 to enter new short positions to target the range support at 1.0360.
A failure to break through would invalidate my immediate bearish bias as it would suggest a short term...
FX:GBPAUD
The rate is still trading within the box range I mentioned last week (for full trade idea click here ).
The thin holiday trading liquidity, however, has pushed the rate into an even smaller range.
The lack of fundamental catalysts, the pressure which the rate is applying on the former resistance as the new support at the major psychological level at...
FX:GBPAUD
The rate is currently trading beneath some important resistance levels - the 6-month falling trendline starting after the rate made a breakaway gap from the Brexit low, the former channel support as the new resistance and the monthly high at 1.7170.
I am bit more bearish here and will consider entering a short on a break below 1.7000 to target the...
