Bullish Bat Pattern here on XAUUSD that's looking to be putting in a double bottom at the completion point. (You may hav eone already on the LTF). I say looking because on this 4hr timeframe the current candle won't close for another 2 hours or so and as we all know the close is very important to the story that the market is telling us. If you take a look at...
Seems BTC elephants are building a position between 215-275. This could resume downtrend hard or attempt to break the downtrend. Range will continue to narrow for now as the funds prepare their move.
We might be cought in sideways within the red channel for another 20 days. I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago. The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ). The question is what will happen after the yellow box? The red box...
This market has been god awful boring (for Bitcoin that is) for quite a while. Quite frankly I have not been charting it as much during these past few months. I think my brain has just drained all the TA information as I picked up such terms as float, degree of operating leverage, days sales outstanding, covenant et. al. In any case, Bitcoin seems to be just about...
I published a bitcoin chart earlier today showing expected range of trading for bitcoin in december being constrained within a wedge formation. This log chart expands on that idea and gives a bigger picture of my thoughts on bitcoin. First thing to note is the rising channel. I don't have MtGox data in this chart (which is a project for another day) but if I did...
Seen some bearish movement yesterday, I think the market will keep sideways until mid-day, m15 entry 105.693, expecting 3.88 r/r, kinda risky, but possible considering the nature of the market as it is right now, supports are OK please consider adjusting the risk to your preference
Levels for Fiber on the short term. Capped by bearish trendline till now. Favor selling while below the 1.2660/70
It took 10 days to reach the predicted level but it's finally where I said it would go. Price failed to close below and will most probably go sideways between previous support level (now resistance) and current support around 1.2628. Don't rush into trading this pair yet, observe and once it closes above or below one of these levels you can decide.
EURUSD corrected, finally. At this point is moving sideways between the 100 and 200 EMAs. Keeping in mind that the main trend is down, we could expect a fall back to 1.3400. Only under this round level I would think that a new low could occur. Though the trend is down, I am expecting another rally. A break above 1.3450 and a close above the 200 ema would confirm...
Carefully adjusted fibchannel and timefibs. Allignments of price and fib channel are marked by yellow lines (scale out to see more allignments) 0.618 - 0.764 time fibs mark a potential breakout area. Next weeks I expect moves within the red diagonals, less volatility, smaller trend angles on downmoves, short: sideways. So moon rally likely to start in august.
With rail companies constantly derailing this becomes a very smart alternative to the railway sector. They manufacture the actual rail cars that are in constant demand by all the major railways. TRN IS A COURTESY OF "JACKIE MOON"
Title is sort of a joke since you see that all the time in the Bitcoin community. lol So the waves were in play this whole time. I figured there would be some much quicker movements for the last C wave but this one took me by surprise. Now onto the TA... So I have seen this many times in my years (lol not really years) trading and this has a near 95% chance of...