corrections

- Change in direction - Bullish Movement Anticipated - Price Floatation below previous support (expectation of breakthrough - resistance) - Candlestick closure as bearish candlestick - expecting stoploss hunting before breakthrough resistance - USD news manipulated results (remember news creates volatility not change of market direction)

On the weekly BTC finds itself within a thick ichimoku cloud. Bulls will like to test the upside boundary of the ichimoku cloud, but a correction to the downside seems likely. If we test 6530 support and hold then we will restart the upwards movement. On the contrary if we fall below 6530 then BTC heads back to 3500-4500 area.

Here we have an ascending channel and we have finally had 3 touches of the upper trend line (blue circles) suggesting a move towards the downside. We have also broken another trend line that has been respected. Market structure has also changed as price has now created a lower low marked by the red circle. Price is now currently retesting this broken trend line...

Some people a jumping for joy as there are minor corrections in the recent bull rebellion on Wall Street and S&P500. The bull trend which is visible to everybody on most time frames isn't over. Come on! In the video I show how this is one of the most powerful bullish recoveries in the history of Wall Street, and why I have no reason to think that that powerful...

This is a perfect setup of for chart patterns! Left shoulder, head and right shoulder has formed price has dropped to the neckline. Price may break through neckline or bounce off as a correction then break through. Resistance is found @0.71750 whereas Support is located @0.70179 which is also found at the 50.0 fib level. This validates the neckline of the head...

NZDUSD looks like it's creating a correction flag on the H4. H1 even clearer flag which should fall in line with the 50 / 61.8% Fib landing levels for bullish reversal.

I do not trade this index. In this screencast I show how there was a major struggle in the world economies between February 2018 and today 28th October 2018. I explore potentials for Bitcoin and Gold. A major corrective move south n the MSCI-ACWI has happened. This index is an aggregate of world indices. What we see on this chart is: 1. Price struggling to...

The NDX or NASDAQ tech 100 has been heading south. In the screencast I explore the current trend south on the 4H and compare it to previous 4H trends. The characteristics of the current downtrend look different.

Bullish divergence on the H4 using stochastics shows price exhaustion and a well due correction for this pair. Cable should be well supported at the 1.2920 level and on the H1 we see decent rejection of this zone, which could be the start of the reversal of around 120 pips.

If it is, 64% it will break down

ABCDE correction in BTC?

Multiple possible scenarios based on the 2014 correction and current support levels.

I believe that Bitcoin has mad a double correction labelled as WXY and each individual as ABC. I think the second C wave or Y wave will end in the highlighted zone. From this point I expect upside. This will either be an X wave if the correction becomes more complex, or the begging wave of a bull run(1). In the area of the top two horizontal lines is where...

I see EURJPY to have made a five wave structure and made an A wave. I see the B wave forming and the moving average coming close to touching price action. I expect to see a downwards move to around the 61.8% level. Any advice or feeback is appreciated. Thanks.

I see an almost completed elliott wave count as the B begins to finish (if it doesn't become more complex). I expect to see price fall once it reaches the highlighted area and will be watching for a break on the corrective trendline to confirm downside. I expect prices to fall quite sharply if trendline is broken. Any advice is appreciated. Thanks.

Upside will be expected once there is a reaction from the grey highlighted zones. Any advice or information is appreciated, Thanks.

The NIFTY has been due a major correction. Something seems to be happening.

Chart tracker, minimized. The bearish targets are not displayed in chart, too much bars in to the future :-) Log Lineair