This pair bounced from 0.02500 on weekly chart and formed nice engulfing candle pattern. 4H chart shows irregular head and shoulders pattern. When we look on Daily chart we can see nicely respected GAP that was formed week ago. I would put SL just below longest shadow piercing GAP and TP set up around high from January. I would consider opening position with...
I marked three GAP's on the chart. All three of them are based on the Daily chart and as we can see here, all of them are respected nicely. Doji candle from third of march to me is good sign for long position. I think that the price will go above 0.00010000.
This fairly new market has its own psychology of trading. I found that many times crypto crowd follows simple technical formations. We can see here very nice double bottom with Doji candle, plus square number which it seems that is respected by crypto community. 0.0020000 was respected twice within the 3 months. I assume that this pair will go up and it will soon...
There is a 50% of AB marked on the chart which holds nicely attempt to go higher. Pair was hold by GAP(Daily chart). I placed both GAP's on the chart. I would suspect that price will go in consolidation near 1.0500 area and eventually reach the TP area.
I did choose this cryptoccurency because chart looks interesting to me.Since December is consolidating around 0.00020000. I see here potential for good risk reward ratio. Pair bounced nicely from mentioned level, we have three soldiers formation on 4H, triple bottom, and GAP on daily chart.
USDCAD short position.I believe that the major resistance around 1300 will be tested very soon. Pair on 1h chart went down quickly beyond gap which is marked on the chart. Double top is also visible on 1h chart.
I'm observing pair for some time. It seems to me that after sharp move south pair is still going to reach psychological level 90. All my previous ideas were based on some strong indicators suggesting that price will follow but all of them were wrong because of one thing, they were all against trend. AUDJPY is in strong up trend for quite some time. I marked with...
After head and shoulders on 4H chart price tested the 50% mark and pull-back nicely on 4h and Daily chart. I see opportunity for short position with 2.0 risk reward ration. Pair should reach the 1.50% where third wave should be equal to the first wave.
Symmetrical Head and shoulders pattern on Daily, 4H and also on 1H chart. Price bounced from 1.4500 and is going to reach 1.500 in my opinion. I would close position near 1.500 mark. There is clearly visible GAP just below 1.500.
I can see here strong rejection after attempt to reach 1.0500 level. Monthly candles showing nice pattern for the third time( Bullish engulfing) and closed above support mentioned above. I see also two important formations : 1. GAP from daily chart(different broker) is respected almost perfectly with pin candle 2. Shadow of the candle reached Fibonacci level...
Daily chart is showing big bearish candle after pin candle closed below psychological level. There are two support areas on the chart. These are based on the GAP between daily candles on chart provided by my broker my broker. I placed the stop loss just above the daily bearish candle. I calculated TP based on Fibonacci ratios. I'm also bullish for EURUSD pair...
After 4 attempts to move south pair is bouncing back and it's forming nice candle stick patterns (three soldiers on 1h chart.) Area between 1.2460 till 1.2400 is a good place to take long position in my opinion