This is my analysis for Blue Sky. I am bullish long-term as Donald Trump the next US President supports and endorses Crypto.
1. identify the trend ; whether up (bullish) or down (bearish) . 2. Identify an impulse move to the up or down side. 3. Watch for a correction from the impulse, then wait for a retest and or bounce of the 800-day ema. 4. Wait for a bullish order block (OB) that closes above the 800-day ema. Then enter on the retest of the 800-day ema and go long or...
Short term outlook is bearish. The Chinese government yet again mentioned they were banning various cryptocurrency. This is not helping the current conditions of the crypto markets, but long term outlook is bullish. Stochastic is in the middle of its range, but is met with heavy support.
Look for short term sells on CEI. CEI is an energy stock that had a reverse stock split; which is why there chart looks weird as you go out further and further. CEI has followed a wave like pattern for years now. It is a common pump and dump stock. I would take a small position right now with some capital left over to put in in case it drops more. Long term this...
BTC has corrected towards the 200 MA where it has previously shown signs of major support. We can expect the sellers to be washed out this week and buyers taking over again. Initial calls, but will sell if it makes a clean break and retest of the 200 MA as an acting resistance
EurJpy will go up. Has met 3 year lows. Confirmed triple bottom on the daily and will be swinging
Thought it would retest the down trend line, but it looks to just be going up! Enter a long trade quick 20-30 pip tp 10-20 pip stop loss
Sell AUDUSD when it opens on sunday if there is no gap. If there is a gap sun/mon do not take the trade as it is not optimal. RSI looks like it will continue on its path downwards and possibly break the 30.00 RSI zone. Overall, price action broke the 23.60 fib zone and is looking to retest for a further movement to the downside. Sell AUDUSD @ .57989 SL:...
Sell AUDUSD when it opens on sunday if there is no gap. If there is a gap sun/mon do not take the trade as it is not optimal. RSI looks like it will continue on its path downwards and possibly break the 30.00 RSI zone. Overall, price action broke the 23.60 fib zone and is looking to retest for a further movement to the downside. Sell AUDUSD @ .57989 SL:...
Wait for markets reaction to open before entering, but price looks long as of now. Will take a quick zone to zone trade. Happy Trading Folk
We are neutral on TSLA until a clear break of consolidation zone. Wait on retest then enter a position size with 20 ppip SL and 50 pip TP Happy trading folk
Wait for gold to show where it wants to within these trend lines. I plotted two simple lines connecting wicks from highs to lows. We will wait for price and wherever it breaks out of we will enter accordingly after a retest! Happy trading folk
We are waiting to see if EURUSD tests this double bottom support zone for a third time and if it does we can expect price to continue back upwards, but overall the trend is bearish. We will wait for further fundamental news before making a precise entry on EURUSD. PATIENCE!!
I feel bad if you guys missed this prime trade on XAU. Always next time!
Looking for a long entry on the 4hour timeframe. bounced around the 61.8% line and broke down. Looking for it to shoot back up to 61.8% as the TP.