johntradingwick

johntradingwick

P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.

johntradingwick

P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.

johntradingwick

Updated 

SHORT below 60.90 LONG above 61.25 Price may retest the trendline before falling down further. Use appropriate risk-reward ratio. Always use a stop loss. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.

johntradingwick

Updated 

SHORT below 84.50 LONG above 84.71 Price may test the trendline before giving a clear sense of direction. Use appropriate risk-reward ratio. Always use a stop loss. Always risk a maximum of 1-2% of your capital. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.

johntradingwick

Price is at a critical level. It may break to either side. BUY Targets: 344, 363, 380. SELL Targets: 306, 293, 281. Use appropriate quantity and risk-reward ratio. Always use a stop loss. Always risk a maximum of 1-2% of your capital. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal....

johntradingwick

Targets: 331, 300, 375 Every pullback must be seen as an opportunity to sell. Long should be opened only above 390. Use appropriate quantity and risk-reward ratio. Always use a stop loss. Always risk a maximum of 1-2% of your capital. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal....

johntradingwick

Go Long after a rebound from the grey zone. Go Short if the price pierces through the grey zone. Go SHort if the bottom of the channel does not hold. Use appropriate risk-reward ratio. Always use a stop loss. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.

johntradingwick

Formation of Evening Star on the daily time frame. If the price takes support from the trendline, then you should wait for more price action. Go Short if the price breaks down from the trendline. Price may retest the trendline before falling down further. Use appropriate risk-reward ratio. Always use a stop loss. P.S: This is NOT investment advice....

johntradingwick

Updated 

The market cycle which started in the late March- early April with accumulation, is now approaching it's end with the final markdown phase. Possible reversal may occur here. A new cycle can start here with a new accumulation phase with a plenty of upside potential. On the downside, if it continues to fall then i see a support somewhere around 0.0498. If it...

johntradingwick

Updated 

ICX has been in the continuous long term downtrend since April end and the price has depreciated by 78%. It has been moving inside the falling wedge with a good slant slope which means a great selling pressure. The price has been continuously getting rejected from the basis line of the Bollinger bands.(See the circles marked with Pink colour) Now the price is at...

johntradingwick

Updated 

EOS has been in a downtrend since long and the value has depreciated a lot in the past few months. People have a love-hate relationship with EOS and it's justifiable too! xD Let's check come important points here! HIGHLIGHTS: 1> Broke out of the falling wedge on 16 July. 2> Approaching the end of the symmetrical triangle.(Which can break in any...

johntradingwick

The price depreciated by 18% or so in the last week itself and was moving in the falling wedge. Last night, it broke out of the wedge and is now moving between the parallels i have tried to mark. A good amount of scalping can be done using the parallels marked in the chart. This chart is better for a scalper or a day trader, investors stay away! All the...

johntradingwick

WAN has been in the continuous long term downtrend since May starting and the price has depreciated by almost 87%. It has been moving inside the falling wedge for quite some time now. The price has been continuously getting rejected from the basis line of the Bollinger bands. The price action is so weak that it is not even able to cross through EMA(12). (See...

johntradingwick

With Bitcoin plummeting, Altcoins are heading towards grave. That is why i have stopped using chart patterns for a while for altcoins because they are all so much dependent on Bitcoin . We all have been noticing that if BTC falls a few percent like 2-3%, altcoins take a way deeper dig to around 8-10% or so. So, it's better not to use traditional chart patterns...

johntradingwick

Updated 

The price has been moving between parallels and i see a formation of Right angled broadening wedge which can break either way.(I am just worried for the Volume) Some scalping can be done using the parallels marked in the chart. If you are a swing trader than stay away. This chart is better for a scalper or a day trader. I am really out of time today, gonna...

johntradingwick

With Bitcoin plummeting, Altcoins are heading towards grave. That is why i have stopped using chart patterns for a while for altcoins because they are all so much dependent on Bitcoin. We all have been noticing that if BTC falls a few percent like 2-3%, altcoins take a way deeper dig to around 8-10% or so. So, it's better not to use traditional chart patterns...

johntradingwick

Updated 

Greeting everyone! Apologies to everyone for not posting this chart earlier. I made it 3 days back when NEO was around 31 but forgot to post it. Let's not delay it further now! NEO has been moving inside symmetrical triangle which is about to get complete. The uptrend line of the triangle has turned about to be a great support till now and the resistance from...

johntradingwick

Updated 

Hidden Bullish Divergence has been spotted on BTC USD chart. For those who don't know about it, hidden bullish divergence Indicates underlying strength. It occurs during a correction in an uptrend when the oscillator makes a lower low while the price action makes a higher low. This indicates that there is still strength in the uptrend and that the correction is...