Confluence: -4hr 20ma -Monthly level -4hr pivot Target: -Next daily pivots -Previous Resistance Stop below: -0.5 Fib of move from 10.5k-3.6k High risk long because still inside rising wedge which can breakdown, but worth a try if risk is managed properly.
Hello, as promised I wanted to share with you the reasons for me taking this Nano trade. It's a fairly straight forward trade; no technicals, no patterns, just a channel visible on htf up to the weekly. So I basically noticed a multiple-touch channel on both the top and the bottom. It seemed as it had established a low range at the bottom again with a decent...
I entered a nice setup on EUR/CHF that I want to share with you guys. First off I'm more of a swing trader rather than a scalp trader. It's much easier for me to spot reversals, and I'm a very patient trader, as such swing trading is my favorite game. Okay, so let's get on with it. On the daily we can see the price broke out of of a falling wedge, and price has...
I've opened a long position on BNB. My goal on this trade is to ride it from 618 to 618. It has currently bounced from the .618 fib of the move from the low. And I'm targeting the .618 of the move from the high. After bouncing from the .618 of the move from the low it successfully tested the daily 200ma and the daily 50ma as support in the midst of a golden cross,...
I opened a 3x long on EOS for a few reasons. First of all it has tested the golden pocked from the entire move up. Adding to the confluence at that level is the support trendline from the low, the weekly 20ma, and the daily 100ma, and the daily 50ma, which are all in that golden pocket zone. Of course this will follow Big Corn, but if btc's correction is done at...
TRX looks good to me. I opened a 3x long trade. It has tested the golden pocked, and holding above it. I'm targeting the -236 on this just below a 1:1 extension of the previous wave. Macd is already converging, of course you should not open a trade based on 1 indicator. Confluence of a few indicators, or levels increases the odds of a trade working out as...
NATGAS/USD has wicked nicely after testing the 50% fib of the move up from $1.804, which is also confluent with the daily 20ma. Additionally, it has broken local resistance, which is now being tested for support. This could be the start of a trend change. It's also trading in a clear channel. Weekly indicators are screaming for a reversal! Let's see if the cycle...
I have opened a 5x on Silver. 16.95% risk on the trade, and risking 1% of my trading capital on this. After she broke the falling wedge, she traded in a channel and is now at the resistance. On the daily chart we can see a bullish macd cross, and bullish rsi. On the weekly we can see a golden cross incoming. I'm liking this here. And with all the fear in the...
I opened a long position 30x on EUR/USD. Seems to be at the cycle low and the bottom of the trading range. And some indicators are giving buy signals. Also It is at a weekly support, looks like a bounce is imminent. Let's Go!
Got a nice dip on CELR down to the 618. My mom told me to always buy the 618 with dropping dominance. Let's see if she was right. I'm targeting the -236 on this one.
On the daily we can see a nice hammer after the golden cross, bounced on the daily 20ma, and all emas are now above the 200ma. Let's go!
I opened a long on Raven. I like the higher low, dominance rejection, and the confluence between the daily 200ma, 20ma, incoming golden cross, and the daily pivot. I'm targeting the 0.236 fib from the high. Let's go!
Dominance has a nice rejection wick on the Daily. So alts dumped, and it seems the higher low is in for alts. Time to buy the dip. At the next trendline we can expect another dump and buying opportunity on alts after this coming pump. I love dominance trend trading!
On ETHUSD we can see we hit resistance at th3 0.618 fib of the impulse move up from $116. So much fear for whales to trap at the moment. I'm in 3x on this one. I also like the golden cross. It could be a trap so most importantly I am managing my risk. I'm only risking 0.5% of my balance on this trade, so if I'm wrong, it's no problem. Trading based on emotions...
Hello Tradingview, It's been a while. I hope you all have been well. It's time to man the battlestations. On BigCorn we can see the possible formation of a bullish pattern. If this trendline holds, we could possible be forming an ascending triangle which should take us to 11.3k-12k. The diagonal rising support trendline is also confluent with the 4hr 50ma. If we...
I entered a position on ENG a few hours ago. It bounced nicely from the 0.878 fib of the last impulse wave up, which is also confluent with a daily pivot of support. I'm targeting just below weekly resistance. And I have placed my stop below the daily 200ma, and 20ma. Let's see how this plays out.
Took out a long position on ethh20. It seems the 4hr cycle low is in, hovering above the trendline of support that goes back to the end of September. The chart is showing a bullish divergence on rsi as well as squeeze momentum. On the daily we can see oversold rsi, possible peak momentum, and converging macd. Let's see if I can swing this up to the daily 100ma...
I really like this EurGbp long trade here. On the weekly chart we can see we are on the trendline of support established July of 2016. The technicals I like about it are converging macd as demonstrated by upticking histogram. The Rsi is on support established back in mid 2015. On the daily we are currently testing pivot s1 for support which is a flip of...