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Ethereum , Market Is Going to FallEthereum / U.S. Dollar BITSTAMP:ETHUSD The market frames another swing high lower than the past one. It's bad for bulls as it's only an extra flag affirming the descending development. RSI affirms the value inversion. MACD lines and histogram bolster the descending development. DMI is bullish yet ADX line falls. It educates us regarding an amendment development. In the event that the value dips under the neighborhood bolster line, the market will move lower to the help zones at MAs and the uptrend lines. The value activity in these zones will give us more subtleties, will the market proceed with the bullish pattern or we ought to be prepared for other economic situations. For affirmation of the further upward development, the cost should break the nearby downtrend line
BITSTAMP:ETHUSD
by BestFxNews
LOOK FOR CRUDE OIL TO TAKE A SLIDEAscending Triangle Trendline breakout Blue Sup/Res lines found on weekly chart On Day chart find fib lines and triangle Price consolidated sideways at Weekly S/R zone and 61.8% fib Price has curved downward Wait for price to fall to bottom Trendline There price will either bounce up once again or breakout bottom trendline Wait for a candle to close below trendline Wait for volume bars to increase Wait for ATR value to increase Choose your own entry strategy - (poss 15m/30m break-hook-go pattern) Find your own SL
NYMEX:CL1!Short
by Tradingstrategyguides
TRADING BREAKOUTS WITH KELTNER CHANNELTrading Breakouts with Keltner Channel When it comes to breakout trading, Keltner Channel is a very powerful indicator. The keltner channel breakout system works best when volatility rises. However, the Keltner indicator measures not just the volatility, but it can also show anomalies in the price behavior. Since Keltner channel indicator is lagging in nature, we can use a secondary tool like the ADX indicator to give us more confluence. These two indicators can help us catch explosive breakouts. With the ADX we measure the strength of the breakout. Generally, and ADX reading above the 20 level is considered to be the beginning of a bullish/bearish trend. Any reading below 20 signals a period of consolidation. The ADX needs to continue to rise to suggest that the trend is strong. When the Keltner Channel is used in combination with the ADX indicator, you can trade breakouts with objectivity. Trigger conditions for buying breakouts: Keltner Channel bands need to turn flat. Price need to break above the upper band. ADX needs to cross above the 20 level. Follow the above trading rules if you want to avoid most of the false breakouts.
Education
by Tradingstrategyguides
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S&P 500 Short Setup and potential PlayoutOANDA:SPX500USD So SPX broke through BTL 1 of our Channel with a bigger 1H Bearish Candle. The SMA 100 & SMA 200 are starting to flat out but weren't crossed yet. When that move to the Downside continues, I would wait for a little Pullback on the 1H and then, in Confirmation with maybe the 4H, open a Short Position with the Target 2638.36! I did some Fib and SUP stuff in there, because Fib is pretty reliable on the 1H, so this `COULD BE` a `POSSIBLE PLAYOUT`for that Short Position. Pretty simple. Just look a little bit to the left (the past) and you will see that my Analysis could actually work. Be patient and look out for those Setups, we will see! But SHORT move coming soon for sure.
SP:SPXShort
by THE_NEPHILIM
NZDJPY 1D/1H ASCENDING TRIANGLE TRADESPrice is in an ascending triangle chart pattern There were 4 failed Bullish breakout attempts of the triangle top Price is falling to triangle bottom trendline 1H Short trade Sell Stop @ 76.20 Sell TP at bottom triangle trendline There will be a decision point at the bottom triangle trendline Long trade Price will rise up to the top triangle trendline Bullish breakout of top trendline Enter on a 15m break-hook-go chart pattern 1st Buy TP @ 77.42 2nd Buy TP @ 78.17 3rd Buy TP @ 78.68 Short trade Price will have a Bearish breakout of the bottom triangle trendline Enter on a 15m break-hook-go chart pattern 1st Sell TP @ 73.53 2nd Sell TP @ 72.04 Find your SL
by Tradingstrategyguides
GBPNZD DOWNTREND CHANNEL AND TRIANGLEFX:GBPNZD is in a downtrend channel. It had touch the upper resistance of the channel and triangle. The price could go down near the previous support, being the first take profit. If the price keep going down can be reach the 50% fibonacci extension of the trend, being as well the 88.6% ab harmonic pattern that could be formed in the future. The indicators like the RSI shows low strength going down and currency strength are both on 58 level. GBP stregth shows can be weaker than the NZD
Short
by Hectorrr