Looking at the charts, it seems like STEEM is about to take off for higher prices and this is the sweet spot to get in (in my opinion, of course): Timeframe 4H Pattern Demand zone. Entry: 0.6952 Stop: 0.6976 Target 1 (2:1RR): 0.6904 Target 2 (3:1RR): 0.6879 Target 3 (4:1RR): 0.6855 Target 4 (5:1RR): 0.6831... Continue Reading →
BTCUSD Demand Zone (27/05/2017) – Looking For a Spot to Get With The Trend
Although I really hope Bitcoin does recover fast from the correction it's currently in, I'm trying to find a good spot to trade with the overall bullish trend. If you notice the wicks circled in yellow, there is a lot of resistance from buyers, so it's possible they hold it at some point much sooner.... Continue Reading →
USDCHF Supply Zone (20/05/2017)
Timeframe 4H Pattern Supply zone identified. Entry: 0.9823 Stop: 0.9859 Target 1 (2:1RR): 0.9751 Target 2 (3:1RR): 0.9715 Target 3 (4:1RR): 0.9679 Target 4 (5:1RR): 0.9643 Thank You! Thanks all for reading this and I hope it's useful. If you like it, please vote, comment and follow!
NZDUSD Supply Zone (20/05/2017)
Timeframe 1H Pattern Supply zone identified. Entry: 0.6952 Stop: 0.6976 Target 1 (2:1RR): 0.6904 Target 2 (3:1RR): 0.6879 Target 3 (4:1RR): 0.6855 Target 4 (5:1RR): 0.6831 Thank You! Thanks all for reading this and I hope it's useful. If you like it, please vote, comment and follow!
STEEMBTC Trading Analysis (19/05/2017) – Going Up Up Up!
It's a great feeling to open a STEEM chart and see it's about to pop higher in value: This analysis is on a 1H chart. Looking to enter the market at the break of the bullish triangle pattern with targets around 0.00077297 for a 2:1RR. Remember how important is to trade with a positive RR,... Continue Reading →
BTCUSD Trading Analysis (19/05/2017) – Butterfly On The Sight!!!
A beautiful Butterfly harmonic pattern is on sight if you open a BTCUSD 1H chart: Looking for a short retracement of price, I would get in at the entry price (which would post a double top pattern) and look for a profit target around 1842.73, giving us a 2:1RR. Analysis Platform I am using TradingView... Continue Reading →
BTCUSD Trading Analysis (14/05/2017) – Getting Ready To Skyrocket Again?
Doing a quick analysis on the 30min chart, I realized there is a great opportunity to get in with a long position (marked by the green zone in the picture below): It seems like price is making a retracement and is getting ready to take off again. I will try to get in as soon... Continue Reading →
Weekly Trading Analysis – AUDUSD (07/05/2017)
Pair and Timeframe AUDUSD - 4H Analysis Platform I am using TradingView to do all of my analysis, they really have a great website and by far is the best analysis tool I've ever seen. So be sure to check it out, they have a free plan and more advanced plans (multiple charts, extended hours... Continue Reading →
Bats Are Coming! – A Short Trading Analysis (06/05/2017)
Pair and Timeframe USDCHF - D Analysis Scrolling through the charts, I noticed there is a very nice harmonic bat pattern emerging: If this pattern completes, I would enter at the specified price (0.9641) with stops on the bottom of the pattern and TP level at 0.9903 for a 2.8:1 RR. I hope this helps!... Continue Reading →
Weekly Trading Analysis – NZDUSD (06/05/2017)
Pair and Timeframe NZDUSD - 4H Analysis Platform I am using TradingView to do all of my analysis, they really have a great website and by far is the best analysis tool I've ever seen. So be sure to check it out, they have a free plan and more advanced plans (multiple charts, extended hours... Continue Reading →