HarrisChalikias

HarrisChalikias Updated 

My belief is that todays data from the US will resolve the enigma..... Up, Down or Sideways???

HarrisChalikias Updated 

Triangle resistance level together with horizontal major resistance level and RSI almost in overbought area. Also worth mentioning is the fact that RSI creates divergence from price action.

HarrisChalikias

These bearish engulfing candles near resistance areas make me develop negative stance for the market. Any thoughts on this?

HarrisChalikias

After breaking the tringle formation the price target sits on the 6500-6600 USDT area

HarrisChalikias

Doge coin was trading inside a triangle since early summer and yesterday made its move upwards. If prices doesn't come back making a daily close inside the triangle and continues upward, then the projected target is the area between 0.45 - 0.46. Of cource, to get there first it has to clear out some strong resistance between 0.337 and 0.3660.

HarrisChalikias

While for long term view my bias is bullish, this pattern on the all time Highs is probably a bearish sign. Price has already broken the neckline which is confirmation of the bearisness, BUT... after a while returned back above it again which suggests neggation of the pattern. Confirmation that the pattern is neggated and we are back in bullish mode will give us...

HarrisChalikias

Price hit the 50% retracement at 11840 and bounced nicely. I am now long from 11850 with a stop laying about 20 pips below the 50% retracement at 11820 1st profit target is marked on the chart. if it comes to that i will move my stop to breakeven, and wait to see if price can reach the next downsloping trendline. If you like the idea please give a thumb up. Any...

HarrisChalikias

i like it.....!!!

HarrisChalikias

I really want to go long this market!!! Maybe i will drill down to 60min chart and wait for bullish signal

HarrisChalikias

i really like those cofluences for an upside move. Waiting for price to test the 11890-11880 level and if that holds then i ll be looking for long position. I entered a long position today, June 4, at 11880, first target will be 12000, stop currenty is at 11860 and i will move it to B/E once price clears the 11945 resistance. Today, June 5 the Stop is moved to...

HarrisChalikias

Tne neckline of Head&Shoulder formation is broken and retested Now we need momentum to the downside to reach the target which lay in the 17688 to 17598 zone Happy Trading Update June 5 2015 Looks like, we 're getting some downside momentum. Lets wait a few more hours and see whats playing here

HarrisChalikias

Interesting long setup. (If only it wasnt Friday afternoon.....) 1. Donchian lines are upsloping 2. Price has already retraced below middle donchian line 3. 50 period MA below price and upsloping 4. Price looks like resuming the uptrend So as soon as price cross the high of the previous bar. (1198.24), I am long 1st Profit Target: The upper Donchian line,...

HarrisChalikias

Interesting long setup. (If only it wasnt Friday afternoon.....) 1. Donchian lines are upsloping 2. Price has already retraced below middle donchian line 3. 50 period MA below price and upsloping 4. Price looks like resuming the uptrend So I am long as soon as price cross the high of the previous bar. (1203.3) 1st Profit Target: The upper Donchian line, almost...