Xrp is bouncing off extreme trendline support! temporarily broke below but quickly reclaimed, a clear short trap! we love to see that. 😁

price targets are 1.3582-1.7012

A lot of inquiries came from you about what's going on with Bitcoin and altcoins right now?, so we'll write a few words with our thoughts and try to answer them.
Constructive dialogue is also welcome in the comments under the idea.

This idea will be a complement to our recent BTCUSDT idea with the title: "This is what it takes to start the alt season"
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Price just broke out from a Bullish Flag Pattern.
The bullish momentum is increasing very fast as we can see from the candles.
The first resistance zone is located close to 0.8595 and a break higher would open the door for more upside up to 0.86580
or the top of the structure.

Targets:
0.85950
0.86580

Thank you and Good Luck!

GBPJPY is in a sharp downtrend and has broken the correction trend line to the downside.

Currently, price is fixed below the trend line and we can go short after a retest.

I expect a drop to 149.00 which is the last major low and in the case of a downside breakout and candle closure below this level, the next target would be around 148.460

AUDNZD is one of those currency pairs that it is not giving up from the highs.
Anway from the previous analysis we can see a very good price development.
Now we can anticipate a potential small "Double Top Pattern".
If the price will break down below 1.0550 we can see it moving lower up to 1.0520 and the other respective support areas as shown on the chart.
So the small trading range now is between 1.0552 - 1.0590Read More

From the chart and from the previous analysis we can see that EURUSD transformed the
pattern into a type of rectangle .
So now we are inside of a range trading.
The lower support is located close to 1.1228 and the upper resistance area is located close to 1.1358

Actually, we can try to trade the bullish scenario up to the top of the pattern.

Any breakdown below 1.1228 would be a warning for us that everything can happen... bearish or bullish movement.Read More

Hello traders:

Last 2 weeks ago I was more looking at AUDCHF and NZDCHF that can start to have bullish reversal up move.

However, in these last 2 weeks, price failed to build up any bullish price action or momentum to the upside. Instead, it consolidates more.

This is usually an indication that there's a balance of buyer and seller currently in the market, and price tends to correct.Read More

Hi All,

I have been trading small accounts over the last 7 years and have learnt a lot about the forex and futures CFD markets.

Now have gained enough experience through mistakes and such to be in a position to consistently make 2-3% return on balance on a monthly basis consistently without taking significant risks.

Want to deposit $100K in my ICMarkets account to trade making say between 2k and 3k a month and let the account grow as an investment account (2%-3% average I am very comfortable now making monthly and have done consistently over the last 3 years).Read More

Cryptocurrency market is down 3.42% on the last 24 hours (9.50am, Friday 17 December).

After a year of gains and record highs, crypto currencies are enduring a turbulent time with unpredictable price changes.

Bitcoin and other leading crypto coins experienced a significant drop in share price after investors began dumping mining equipment as China announced fresh regulations.Read More

He is a smiley, glass-half-full kind of guy - naturally positive and full of energy.

He's smart, too, and works in an Indian tech company.

He's the least likely person, you'd think, to fall victim to an online scam.

Yet in October he was defrauded out of his life's savings - $4,000 (£3,000).

He couldn't believe it.

"I was so stressed. I was just lost. I told my wife and she said, 'I thought you were intelligent. How did you lose so much money?'"

He messaged me in late October out of the blue, telling me...

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