GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, GREATLAND GOLD PLC ORD 0.1P, OILEX LD ORD NPV, SBERBANK OF RUSSIA ADR (EACH REPR 4 ORD SHS)
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
- Tendency: upward
- Above support
- Change of trend: New uptrend
NZDUSD -0.27% – In the hourly chart NZDUSD -0.27% looks bullish and still have a more way to go up, At least until the resistance above which I choose as a target, the demand below is a great Continuation level and if the price will return that demand I’ll buy there.
GBP/USD is currently in a broadening wedge formation. On Friday, price retested the daily 200EMA and, again, was rejected. Next test of support will be the 13EMA (blue line) which I feel will hold.
I recommend staying out of the GBP market due to the Brexit outcome potentially being released this week. This market will be high volatility, high risk and high ...
EUR/USD Interday Analysis
Dec Highs, June Lows
Freaky Corrective Wave Pattern
Its ok though this is just the primary wave correction of a much bigger wave ;)
Check out my "The Big Wave" chart ^^
chart notes above but it didn't hold the T-Line and has lost the momentum it had, I except this stock to come down lower short term.
A new study to add to the many I've done. Used CCI in log scale which revealed some interesting insight because all year these are the only two occasions with this much and the same amount of choppiness. The last time it was bullish. Could it repeat. My only worry at the minute is that my last key signal was bearish.
Our assumption is that the exchange rate has reached the bottom of its decline. No further falls are expected. This adjustment level can be given by an ATR axis that is identical to a valley axis. The rebound is initially uncertain. We expect a triple rising wave structure. The third wave target can reach 80 usd levels.
Analysis shows that if the market is to break the market structure above then this shows that a possible head and shoulder pattern will be forming. If it breaks above then this will warrant in a BUY.
If the market breaks below this will warrant a SELL. Once it has hit the next zone we will have a small pull back and possibly fall further
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
lotw seems to be in, dxy high in, Eur should take out WO tommorow or in asia and aiming for liquidity points 1.1550 & 1.1590,
2018 Cryptocurrency Crash (Elliott Wave): #OctoberOblivion
BTCUSD is worth a short for you risky traders. Is this bubble ready to burst? Well it's followed the bubble mania pattern as shown here: https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i4zBlR.JWXgI/v1/800x-1.jpg
In the next day or two we can expect to see another price movement for bitcoin.
Do you think it will break bearish or bullish?
Hit like if you like this analysis.
GBPJPY - 2H, Potential Bearish Harmonic Pattern
Bitcoin is into a tight squeeze on the weekly time frame. It could go either way. Loads of traders are gearing up for what could be a major move. Some with crystal balls are making predictions and so on.
It could go north or it could go south. Anything can happen in the next week or two.
I'm busy watching microtrends (4h to 8h), as I certainly don't get ...
Pitchforks are a good tool for seeing trends and in this case, corrective price action. Throughout much of the 2014 trend, Bitcoin price respects the channel between the median to upper median lines. However it does foray down to near the lower median line to form the selling climax.
Its interesting to see that the ...
Hitting the top of the descending triangle and nearing it's end, a catalysyt around about now would be nice, otherwise I think it's best to plan for a breach of 6K downward.
We have tested the bottom of this descending triangle far too often, that can only happen so many times before support is broken.
Keep a keen eye on bitcoin folks & good luck to us all.