- Two possible TP, The price is sitting on the MA128 phase. The resultant start to be positive and the harmonics are building a ramp up pattern which improves the ratio (I prefer stay conservative anyway and keep it like that).
End of the fractal pattern. => Last phase is occuring. The bull will occur once we are stabilized above the fractal finger.
In today’s #marketinsights video recording, I talk about the latest geopolitical and economic developments affecting #FXMajor pairs #USDJPY and #GBPUSD. For one, US confirmed that rollbacks on previously imposed tariffs against Ciina are possible, pushing #safehavens down and #dollaryen to a fresh multimonth high! At the #BoE meeting yesterday, #Carney re-cited...
There is a strong support area around $9.5 - $10.5 Could be a good opportunity if it keeps respecting the limits. Technical data RSI @42 (waiting for this indicator to go higher) OBV reaching for higher highs Bollinger bandwith relatively high. Not buying yet, but it's worth it to keep on your watchlist.
- 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)
Why buy gold and silver at premium while them still being in a bear market, when you can buy uranium cheap at accumulation levels. Does it really make sense to buy silver > $10 and gold > $1000 at given prices vs the risk it carries for downside potential vs a strong base near bottom that has lots of upside potential at lower risk. Speaking common sense. Adding to...
CYCLES POINT TO A VERY SHRAP BEAR PHASE TO START AT CLOSE TODAY INTO MONDAY MIN DROP IS 5.8 TO 6.3 % TARGET SP 2478 TO 2538
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Just going over some observations about BTC USDT and the potential entrance into a new market cycle. 1. The compressing descending wedge from the bull run has reached an end point. 2. New geometric form emerging as the waves begin cycling out of the compression 3. No prediction, just ideas.
As you can see, in the past the peaks often fell on a new moon, the lows on a full moon. We just passed full moon. Wie du sehen kannst, fielen in der Vergangenheit die Hochs oftmals auf einen Neumond, die Tiefs auf einen Vollmond. Wir haben den Vollmond gerade passiert.
My last chart was a complete disaster. Even though I pinpointed where the last dip should stop, the bounce was disappointing. Now, this looks like a classic Wyckoff Acc. Schematic, the only difference I see is the "Creek" not going all the way to the resistance levels. If it does happen, we should expect a spring any time soon, with an increase in volume and an...
This is an update on this TA: Description of the Wyckoff method can be found here: stockcharts.com As I mentioned in the old TA, things are moving much faster than I anticipated and there is also a glaring mistake in the previous pattern. This update uses price from Bitstamp instead of Bitfinex because the price history is longer and price actions are a lot...
THE WAVE STRUCTURE IS ENDING THE CORRECTION NOW WAVE C DOWN IN SP 100 IS 5 WAVE DOWN FOR WAVE C of B down i see a 5 wave rally in wave C UP TO PEAK IN WAVE B WITHIN 11 TRADING DAYS AT 1277 TO 1281 . BEST OF TRADES
If an external event doesn't cause additional downward pressure on the market, VEN is set to breakout in the coming days. Formation of a symmetrical triangle, a BB squeeze and a rise in the DMI+ and ADX creates a favourable scenario for VEN. Coupled with fundamental analysis (upcoming rebranding and current airdrop), positive movement is likely.
ETHUSD A fabulous weekend has developed into a terrible week for the Alts. This should create another fabulous buy opportunity over the coming 12 to 24 hours...and potentially lead into another good weekend ahead...if we can pick this up at lower levels without getting stopped out in the process. First support is nearby at 630 which if broken now should lead...
Bitcoin: BTCUSD So far every move it makes is positive, still. To stay that way and support the next phase lift-off it must continue to hold the line...
I see us close to finishing a B wave (which looks like it was a double zig zag) from a larger ABC zig zag up to reach the top of a even larger Wedge. Here are my ideas of where I see us on a larger timeframe: If A=C, we could have a possible high of around 460/470, but I would rather wait to see how the waves (within this C) reveal themselves to get a more...