Traders
GBPUSD H4 - Long SetupGBPUSD H4
1.40 support incoming, looking to either set a pending order on this price level or an alert to make sure this move isn't missed, perfect corrections, shame we closed out yesterdays short at 200 to try and get a better entry!
Win some, miss some, lose some. Part of the game, 1.40 support will be a great buy entry for us I feel.
GBPUSD H4 - Short Trade SetupGBPUSD H4
As mentioned earlier, still focussing on this pair, we are yet to have seen a GBP bearish correction or a USD relief rally.
DXY responding nicely to that 90.00 DXY whole number, I'd like to see some sort of a correction this week, can play with profits secured from minor dips we were playing with yesterday from shorting the 1.41525 price.
EOS-USDT possible pitchfork channelHello traders and investors!! 😄👋
I am looking to follow the light pink path and stay in this channel, but it is important to consider more scenarios. There is always the possibility that BTC suddenly crashes and makes this channel invalid, where we would then see EOS fall, possibly to even ~$5.
If we don't follow the latter, I am looking for possible entry at ~8.8 where our dashed yellow support line/50 fib retracement is located. If we fall below the dashed yellow support line, I am looking for next entry at around ~7.9 which would be the bottom of this channel. That being said, I would wait for confirmation that this is a valid channel, and that we do not break out of it before thinking of placing a buy order.
-As long as BTC can maintain in this zone of 54-57k or higher, EOS is a safe cryptocurrency to invest in.
-EOS hit an ATH back in 2018 of 23 dollars.
-EOS is a fast transaction blockchain network compared to many others out there.
Remember, wait until EOS is done correcting.👌
🛑🛑 This is not financial advice🛑🛑
Always keep a stop 🛑🤚💲 loss, and enter trades safely with proper precautions.
Jazerbay ☯
USDCAD BUY Hi All,
We should look to open our long position on this pair from 1.23100 -1.23000.
As we await Fed it would be a good opportunity to start gearing up for this forecast.
As you can see we have a descending triangle which means we have a trend reversal coming.
SL and entry Marked .
Comments and Like welcome.
Many Thanks
DXY H4 - Neutral BiasDXY H4
Simply waiting for a breakout of this trading range, 90,900 to 91,300 ish. Quite a significant S/R zone, seemingly bottoming out from the previous bearish H4 trend from the start of April until present date.
Hopefully, a break of this range will help indicate direction for these USD*** and ***USD pairs going forward for a few swings next week.
Crypto market capI see the trend of the market ascendent for now, but as you see it breaks down from the channel so ganna falls forwards to Support lines. IF the market keeps growing up it's good for both BTC and alt traders. Holders have just to hold. bad and good fundas are important on these days.
EURJPY H4 - Long Trade SetupEURJPY H4
Based on last weeks resistance we saw a downside gap here on EJ followed by bearish continuations pulling us all the way down to our 129.800 support price.
Since, we have seen some sizeable wicks, interested to see where this H4 closes in 10 minutes. Possible second opportunity from support back up to resistance.
ETH, Ethereum - I'll open a position only in this caseIf the price starts to squeeze, it will be a great breakout pattern. I see an entry point only after retesting of level. I am cautious because it is possible to fall to 1840.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
REEDUSDTFor me, head and shoulders is a good sign I see REEF ascendant. good to hold.
"Like and comment if you did like the post"
DOT/USDT lot of mess for a simple double top😆Hello traders and investors😄,
Had a little fun with this one. Sorry for the mess, but it is meant to be simple :
DOT USDT breaking out to hit a double-top, then reach a new highest high either now, or after reconsolidation.
~entry now, (38.0)
~exit 42.0 (watch for a new high is possible though)
~stop loss 36.9, 36.5, 35.5, 34.0
This is just an estimation, a chart of possibilities. Please trade at your own risk!
Jazerbay 💕
LTC: The Calm before the StormLTC is now trading around a very critical level. Thus, a Long position can be easily spotted for several reasons:
1. Fibonacci Retracement: Price is around 61.8% which is a very important level acting like a support here.
2. Formation of Pattern: A double bottom could be formed in the next few hours and it is clear that if the price rejects the 61.8% it means that a DD has formed on the hourly timeframes.
3. Cryptocurrency Influence: Cryptocurrencies and especially BTC and ETH are far from the selling idea, adding more confirmation into traders minds that cryptos are never to be sold.
Will it bounce back as the speculations are for the other cryptocurrencies ? Time will tell.
Trade Safe and Best of Luck !
MacroForex
LONG POSITIONThe Bank of England (BoE) is scheduled to announce its monetary policy decision at 12:00 GMT this Thursday. The UK central bank is widely anticipated to keep the key rate steady at 0.1% and maintain the size of its Asset Purchase Facility at £895 billion. The only thing that the market will care about is the BoE's assessment of the current state of the economy and the recent volatility in bond markets.
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The most famous market participantsWhat do you think of my list? Someone I forgot you'd like to add?
Isn't it interesting what these lists are made of?
Investors ===> Every single one wise & patient.
Speculators ===> Every single one genius level IQ.
Day & Swing traders ===> Literally all village idiots & trolls 🤡.
Brokers ===> Every famous broker is a crook!
One may want to draw conclusions from this...
EGLDUSDT
EGLDUSDT since forming a inverted head and shoulders and breaking out of this falling wedge pattern market is now nicely forming a new uptrend and has recently provided us with a nice correction to the new trendline and daily support giving us a good entry point at a confluence of support, we are waiting for market on the 4hr to show more rejection and form a new higher high then on the retest we can long.
CHFJPY H1 - Long Trade SetupCHFJPY H1
The pair we were watching closely yesterday, caught a great close on that yesterday before seeing rejections, hopefully we see something like this unfold, very much what we saw yesterday with CADJPY.
Eastern corrections following by EUR/LON continued bulls, same goes for EURJPY. CHFJPY isn't correlated like those other pairs so much because of risk holdings, but something to note no doubt, YEN is NOT performing well.