ETC: when for $9?If you look at the global price movement, you can see that the coin is now in a downward structure.
The downtrend and the signal of the indicator show that it is better not to buy in long-term deals. Short positions remain in priority.
If we consider purchases, then only within the day and with short take profits.
In the future, I think that the price will continue to decline to $ 9. There is support in the form of an uptrend here, and there has not yet been a buy signal from the indicator.
Scalping
Triangle. Breakout of the resistanceThe instrument is inside the local triangle. There was a fake breakout of the resistance and sellers took the advantage. Points of control resist buyers while delta has changed into stable red. Open short during the execution of the pointed limit order. Target - 0.375
An asset with great volatility. Time to sell!The asset today is traded on volumes. After a strong movement, the price went to the sideways. From the upper border of the sidebar we get a reaction in the video of large shadows. At the bottom, an inclined level was formed. I expect the exit from the sideways down and the movement to the inclined level
NZD JPY SHORT SCALPTarget 1:1 RR
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GBPCAD short trade, look for pullback.GBPCAD (short trade)
Base on One hour and Four hour chart,
1 hr and 4 hr MACD - going down
1 hr and 4 hr STOSH - going down
daily - going up
technically it is good to do a pullback trade on next trading day if the price isn't break the previous high.
entry price place around 1.1600 / 1.16700 and aim for 50 to 100 pips TP and SL.
BTC investment idea!The global movement of BTC remains under the downtrend.
After the fall, the price came to the support of $15,500 -$15,900.
I don't expect a long reversal yet, as there is still support from below at $12,050-$13,300!
Also, the indicator, which works on the basis of a surge in volume, did not show entry into a long position.
Since January of this year, the short scenario has been in effect.
The indicator, of course, gives signals for buying and selling, but always conduct those yourself. market analysis.
At the next support ($12050-$13300) I will consider purchases in the investment portfolio!
The coin formed an upward wedge. Time to sell!The coin formed an upward wedge, which is a bearish structure. The riders do not have the strength to push the price higher. At the moment, the breakdown of the ascending structure and the breakdown of support down at elevated volumes begins. I expect an impulse decline with confirmation of volumes in the seller's glass to the lower support levels. The goal of reducing 1-3% of impulse movement.
Limit buyer begins to push the price to update the hayAUDIO increased trading volumes, the limit buyer begins to push the price to update the hay. There is a cascade of local highs, beyond which there is liquidity. I am waiting for the formation of trading and impulse exit to the long in order to withdraw liquidity behind the level. I plan to go from a round number - 0.16. Target – 0.1666$ (5.21%)
UC end of retracement resume uptrendI saw a very opinionated user in the forex chatroom who's holding a short position on this pair, saying that a) it's on a downtrend and b) it's heading towards 1.3000 level.
Although I've never traded this pair before (I'm more of a GBPJPY guy), upon opening the chart and doing some analysis, it made me have a bullish bias and I think it's going back up to make a new high towards the 1.3490 level instead.
Personally I'm not taking this trade since I'm not familiar with UC, but I just wanted to publish my view and have a shot at picking the bottom of a supposedly UC retracement.
I normally post Ideas on GBPJPY, check them out if you like trading this pair
🚀USD/JPY Bullish structure 📢The complex correction stopped at the support area of 138.80, which resulted in a perfect buying structure represented by Elliott waves.
The support area of 141.30 in the short term is an excellent buy area, especially since the correction wave did not overlap with the impulse wave.
For a professional signals, contact me privately.
GJ bullish on Opening. Continue uptrendAnother pullback for GJ.
My prediction is that GJ is gonna open bullish today Sunday, and the current uptrend will resume shortly.
If it already opens too high close to brakeout, refrain from buying it because the risk/reward isn't worth it.
Even if it breaks the "tight" stop loss, it's still an uptrend. That would mean that my entry was bad, but the direction is still right. The original SL at 164.40 is safer.