GBPCHF is showing the end of the bearish movement. The price is on a Daily region which can help to make a bullish candle pattern to start some bull move. Also is showing divergence in RSI on 4hr chart.
Lets wait a bullish candle close in order to enter a long position.
Let me know your comments.
From using Fibonacci retracement, Extension and Elliott Waves, this is how I see Bitcoin playing out over the next week. Perfect setup for squeezing the absurd amount of bottom shorters(who opens a short on a support level?!). My targets also coincide with horizontal supports and resistances.
As wave 2 has retracted little, (though there is the possibility it ...
EU Broke the support yesterday and went further down.
However its now starting to bounce off the trendline in the 4H time frame. If this bounces it will be significant so keep an eye on the chart.
TP1 - 1.147
If it breaks through the top then I will update with another TP
See comment for closer time frame.
What are we waiting ? The NEOVASC INC share price has reached a downward trend. If we look at the wave structure of the exchange rate, it can be seen that it now moves at the bottom of a double descending wave structure. I do not expect any further reduction. For a wave structure to rise, the condition must be that the rising double wave structure is displayed. At ...
BTCUSD will not crash here. Bitcoin is a burial ground. It creates a hyper curve for the first impression. This is true. But if we compare it with companies that use hypergraphs, they do not fundamentally resemble the two environments. Continued stock issuance at companies and bad corporate data behind it lead to big falls. Bitcoin does not feature this. Regulated ...
EURUSD long. Double-wave fractal. The wave structure (0A) target price is 1.2127. Then a correction wave structure (AB) up to 1,1950 correction levels. Then there is a double peak and a significant decreasing movement.
PLG hope or death. PLATINUM GROUP METAL shares have seen better days as well. But they are not the ones. The exchange rate has been in a decreasing trend for a long time. The time for a technical rebound is coming slowly. It is equally a question when the decreasing fractal wave structures and the increasing fractal wave structures are changed based on the same ...
BTCUSD intraday long. The exchange rate reached the bottom of the correction wave structure. I expect from this level a growing dual wave structure. The first wave 0A can end at 9092 usd level. It then rises again after the AB correction mechanism. The BC wave structure target price is 9833 usd. Then I expect a double correction wave of AB correction wave. Then ...
At the long terms, the NZDUSD pair is bearish.
It seems the price tends to reach 0.6350 zones.
The supply above seems like a great continuation level to join
This bearish momentum, if the price will hit that supply I'll sell there.
My target will be 0.6350 zones.
Japanese pairs seem to be quite bullish now, UJ failed to rise last week despite strong breakout on DXY
I'm anticipating a huge drop in the long term to around 104 especially with the SHS formation
Entry level - 110.3
TP1 - 108
TP2 - 104
SL - 110.7
Hello,
this analyse refers to traders who are focused on mid- and longterm trades.
In my opinion gold now is going to complete an Elliottwave correction pattern, which is also a base where gold will start to new highs. The sentiment is worse than at the end of 2015. After that in 2016, gold started a bullrun from 1.046 USD to 1.375 USD. The CoT dates show us, ...
CAD seems to be very strong against JPY, We can see a strong Daily bullish trend and in 4hr we can see the price is creating new Higher Highs. Next week we are going to see more bullish race for this pair. Let´s wait a good entry in 4hr/1hr chart to catch more pips.
Also we can see a possible Harmonic Pattern formation in the following weeks/months.
Good Luck ...
The USOIL have just arrived in a fresh supply level,
It is a great level to sell, for the long/swing terms it seems
The price tends to reach the demand below, which is also my
Target, if the price will break this supply I'll open a new sell position
At the supply at the top and the target remain the demand below.
Neckline sits at about 0.055 and at the moment, it looks like the right shoulder probably won't start to form until late August. Target-wise I think we'll see 0.1 again before the end of the year.
Im not really one to trade countertrends, but i feel we could still see a small push from the bulls by the end of this week back up to resisting trend line. Im hoping after we see this small push back there will be a strong bear push down to break the counter trend and for us to find an entry into a potential long term sell. News has made pair very volatile this ...
Price broke out of monthly bullish TL and has since been consolidating within a triangle. Longs will be taken after price has retested the bottom of the triangle and shown signs of returning to the top of the triangle.
BTC is in clear down trend but before it dips any further bears need some fresh blood.
Expect a squeeze to $6800/$7000+ levels at the best.
Higher levels have been marked for my own personal reference.
DXY broke the resistance and I consider this will start a pullback until touch the resistance in order to convert it into support. and then my next target will be 98.00
Lets see how it goes!!
