Price at 17 is a key level, if price can break it, then 9.7-10.6 is the next area to all-in
BTC will fluctuate little bit more, carefully observe area 31-33k and buy in this area when have confirmation. Buy when everyone is fear and uncertain. Like if you agree with me, commend and share your ideas if you think differently
Some thought on short-term trend for ETH. Like if you have same idea, comment if you think differently.
Inside of wave C, length of wave 1 = wave 3 = wave 5, and maybe have a false break out at resistance. If you like this idea, please support it with LIKE.
Please support this idea with LIKE if you find it useful I've had a Short at 0.736 But honestly I don't know where this pair will head to, so I seize this H&S opportunity to Long around 0.725 P/s: I'm a swing trader, and I usually hold a trade for at least 1 week, don't care if my position dies soon (as long as I move my stop loss to BE)
just some thoughts about wave theory for pair GBPUSD
First, let take a look at daily chart. On daily TF, GA has formed a nice doubletop. Now on H4 TF, waiting for breaking the flag before taking any decision. Wish you trade safe and sound.
So far, GJ has been down quite strong, but I has a different perspective: 1. GU still is in the uptrend, so is UJ (but it is coming to the end). 2. GJ carved pibars at resistance at 143.00 So I'll give it a try and see what happens.
GBP/CHF currently form a 3 pinbars together, show how much effort it wants to go down. I already have a Short at 1.32946, and the profit is huge, because for me this maybe the beginning of a huge downtrend, follow by thousands pips. Wish you trade safe and sound!
First, let me show you AUD/USD chart: Although AUD fas fallen in the past few days, but yesterday it has carved a pin bar really nice at resistance 0.700 Now look at GBP/AUD chart: A nice down trendline follow with a pin bar at top. Can this be the beginning of a huge downtrend back to 1.729 (More than a THOUSAND Pips). I already take a short at 1.8376....
Daily Chart: On Daily, Gold has beautifully breakout the neckline of Head and Shoulder pattern. Waiting some retest, or maybe just little reverse , then Sell gold for huge profit SL is when Daily candle bar close above the neckline.
GJ currently forms double-top at resistance 147.00 Target: 144.00, SL if price close above 147.00
USD/CAD currently form a pin bar at near resistance 1.3400. A sell here with TP at 1.3300. 5min chart. Can sell here.
On Daily chart, do you see something similar? (ones with blue circle) Is it the beginning of another uptrend, or just some correction before falling down? For now, 4h chart is a range. I LOVE RANGE, because it NEEDS to break out. Just some notes: It should have a 4h candle close above/below the range to enter the market. Wish you luck and properous!
on 4h TF, AUD/USD has found strong resistance several times in the past at 0.713 a 4h candle close below 0.713 offer SELL opportunity, target 1 at 0.706, target 2 at 0.70.