USDJPY, rising through the channel, LONG positionAs the price retraced from the supporting trend line, the long position can be the choice.
Reverse
GBPUSD H1GBPUSD H1
GBPUSD H1. The price has bounced from the support up but found a resistance at 68% fib level. There are two targets. Price can reverse from two levels. First sequence is that price I gonna make ABCD pattern and reverse from 138% fib level which has confluence with historical support level at 1.3225
Next scenario is the price is gonna break that level down and go down till the key support level 1.3050
CADJPY, 240, WAIT FOR THE FLAGIf you are not in the trade right now, don't worry wait for a flag then enter the trade.
Only enter the trade when there s a flag and it passes 85.7 point.
GBPJPY, D, TIME TO REVERSE ???GBPJPY is near the trend line, and RSI showed oversought
Enter trade when it passes 148.25 point.
ACTG - Downward channel formation long from ACTG looks an interesting long setup. It is running within a downward channel & now at the bottom of the channel formation. It has insider buying & strong money flow divergence. We think it has good upside potential from current level.
* Trade Criteria *
Date First Found- February 6, 2018
Pattern/Why- Short term Speculative Long
Entry Criteria- Current price ($3.50) (Hit February 7, 2018)
Exit Criteria- 1st Target $3.96 ; 2nd Target $4.73
Stop Loss Criteria- $3.33 (Updated February 15, 2018)
Indicator Notes- Positive Money flow divergence
Special Note- Very good valuation ratio (P/B: 0.43, P/C: 1.12)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We may not need to retest 6k! BTC falling wedgeIf this falling wedge plays out, BTC will hit around 7180 before having a strong bounce to 9200 area and beyond. The Bear flag i drew at the bottom broke out upwards at first. Tricking buyers into having hope that we were reversing there before getting dumped on.
If BTC falls out of this channel we could be going to 5.9 - 6k for retest of our previous bottom. Shoot me a like and comment, tell me what you think!?
EURUSD: reverses at key resistance but uptrend intactThe EURUSD moved higher last week as price rebounded following a decline to 1.2200 area the previous week. Notice the false break of key resistance up near 1.2520 that occurred last Friday, eurusd weakness could continue this week as this is a formidable resistance level having given rise to a pin bar reversal a few weeks back. However, eurusd uptrend is still intact and so we are continuing to view any downward pullbacks as potential buying opportunities near support. We will look to be a buyer at or near 1.2200 near-term support or possibly the 21 day ema (blue level) following a clear 4-hour or daily eurusd
Ethereum: ETHUSD Near Term Upside Target 1250ETHEREUM: ETHUSD Reverse Head and Shoulders with 1250 minimum upside target
ETHEREUM ETHUSD
The ETH chart shows a reverse head and shoulders formation
with a minimum upside target at 1250 exactly - which also
ties in with fixed resistance at 1251 line. It's tracking a well
defined dynamic and remains positive whilst it does so.
Tests of this line can be viewed as buying/adding
opportunities with stops below the line.
EURUSD Stay Long within the parallels EURUSD Stay Long within the Parallels - then Consider Reversing
EUR is trading up a similar channel to the one that DXY is
trading down. Can stay long EUR here until the lower rising
parallel (smallest on chart)supporting price is broken to
downside at which point some will look to reverse short back
to 1.2292 with stops above the same parallel once lost.
Bitcoin: BTCUSD Next Sunday Trading Buy and Sell PointsBitcoin Update Next Buy/Sell Points
Coinbase Last Long Shot here but be ready to Reverse if signal is given
10:41 am GMT: Retest of neck line and OK whilst above 8700 -
can buy dips back to 8720 with stops below 8700 on GDAX
10:48am GMT: Coming back now and still within the paralells
- buy as low as possible to 8720 for small loss if wrong
here...with stop under 8700 - but be ready to reverse short if
8700 gives way for 8300-8100 - with stop above 8750
10:50am GMT: The alternative is to wait until the little
parallels controlling this downwave are broken on upside, not
spiked, broken and then survives retest from above once
broken. One higher risk, this one less so -
8720 now so small risk on stop.
For further details please see top left of sumastardon page, above
Reverse head and shoulders on Bitcoin 60 min chart.We can easily see the Reverse head and shoulders pattern on the BITCOIN 60 MIN Chart.
Big volume on the head and first test of the neckline.
We had to wait untile the market call :
Above 12.000/12.100 Buy signal with target in area 14.000$
Below 10.500/10.700 Sell signal with target in area 9.400$
Bitcoin: BTCUSD Breakout with minimum upside target at 14234Bitcoin Coinbase Feed Break Out with upside target at 14234
Very remiss - left the post yet again to attend to 'other' feed. (If you are a serious aficionado of Bitcoin and want pretty
much round the clock updates please check for details at top left of sumastardon page.)
We did buy again at 13417, right on the line, if anyone would like to check and then finally a decent pattern emerged - yet
another beautiful reverse head and shoulders pattern - not so well defined on Coinbase but perfect on Bitstamp, (next chart
upload) and with a minimum upside measurement implication at 14234 on Bitstamp. Look to buy this dip now as close to
13600 on Coinbase and get long to the target with a stop about 200 lower.
Bitcoin Early Sunday Comment and Update
After two bad trades losing 50 to 100 points apiece, Bitcoin turned negative again on a break below 13900 and triggered a
short back to '13600 minimum and more likely back to 13400-13300 range before looking to buy once more,
conditions permitting and showing some support/fight emerging at these levels if struck at any point overnight.' So
after a disastrous long from close to the lows and another higher up, both of which lost 50-100 points apiece, the short
came good with a 500-600 point win. Not at all what was intended as the day began - but we follow the chart and act
on the signals it gives us and that was the result of following the chart overnight on Saturday. Despite spiking lower than
this price action this morning has stabilised around the 13300 level and will have encouraged some to get long again - if so
raise stop high underneath it as it's likely to come off again from around 13600 on Coinbase and just 50 points higer at
max on Bitstamp...close out the long here and will look to buy back lower again on the next dip...
Update
Bitcoin Coming up to the next sell point here...one last blast down from 13417 most likely if very weak and from 13573
highest on Coinbase - this next decline is likely to be the last so will be looking to get long again soon most probably...
Xrp [Rippe] /BTC will move crazyXRP up with Support XABCD Pattern
Pending order : 6800 - 7100
TARGET 1 : 7900- 8400 - 9200 - 10200
STOP LOSS : 5400
ETHUSD Reverse head and shoulders - breakout approaching ETHUSD
Over tthe last 24 hours or so ETH has, like Bitcoin itself, made
a reverse head and shoulders formation with a neckine at 690
and a minimum upside target at 886. Can buy on that
breakout which should lead to a rally to 721 where it can
come off again back to the neckline at 690 which must then
hold up on the retest if we see one. Then once 722 is
breached it should push higher to the target at 886 - however
the old high at 862 may well prove a better point here.
But in near term, until ETH can find the buyers to make this
break it remains vulnerable to sellers
Long position for TeslaTesla has recently been in the news with there new trucks. A lot of traders are taking there profits and are closing there positions.
Right now I see a clear reverse cup and handel. This means there will be a buying opportunity. The Macd and stochastic do confirm this already, however in a light version.
USDJPY H&S ReverseAlong with upcoming events the head and shoulders shows a high potential for a secure long sell position against the Yen.
I would sell upon the confirmation of the right shoulder. I will post a clear signal once the shoulder fully forms and continue on the reverse of the trend.
Beginning of an uptrend????????It seems we're ready to profit thanks to the reverse...Now it's struggling in the lower flip zone...look for reverse signals!!!
