Price at resistance, this could be a good chance for a +30 pips profit. It should bounce in the support at 1.1113 and go up again. Still, the risk is really low and everyone can get in this trade without putting too much money on it.
Firts wedge fail at 5.60 5.00
Now 3.50 3.60 area the strong support zone based in the uptrend line
Big pump if bounce to 6$ 8 area
Big drop if fail to 2.60$ area 2.20
Trend looks very oversold 2 weeks moving araund
Rsi ma extremly oversold
AAPL EARNINGS coming up at the end of this month. TA looks good to make a call assuming we can continue to run up to the 1.0 fib extension line. Entered at roughly $415 for a contract IV @ 34.72% ($245 strike price - naked call)
RSI looks strong, we are overbought right now and can continue to see this rally upward slightly before earnings sets the real direction for
Bitcoin ( BTCUSD ) hit a low on the 30-Sept. and has been printing higher lows since... Looking at this setup, a new possibility emerges.
After the strong drop around the 24-Sept., the bear volume has been low and Bitcoin recently managed to break above EMA10 on the daily timeframe .
Above EMA10 gives us bullish potential...
Now that EMA10 has been conquered, the next
The price reached the resistance zone formed by the main downtrend line and 3.00 resistance level . It means that the price action in this zone can give a possible trade opportunity or show us the further direction.
Let's say that in spite of poor fundamental factors, the market is going to move upward. If so, we have to wait for a breakout above the downtrend line. This breakout will be used for opening long
Hello guys, with BITCOIN we have currently broken out of the abc correction and it seems like we're making a continuation pattern to go up. I think it'll move one more down to complete the continuation pattern(doesnt necessarily have to make that move) and then we'll see some momentum to the upside.
Thanks and take care.