GBPUSD – Sterling/dollar pulls back to support within uptrend. gbpusd trade idea - gbpusd analysis The GBPUSD is in an upward swing after finding support a month ago down near 137.50 area. We have a bullish bias on this market as we have discussed gbpusd in recent commentaries and we will retain that view whilst price is above 1.3750 support. There is...
WTI has made an interesting pattern recently. It is almost identical to the one made at the beginning of wave 2. See the blue highlighted box on the chart. The larger box is a measurement of wave 2 correction, as I expect wave 4 correction to take a similar amount of time. Interestingly it suggests that WTI is likely to be in correction for the next 10...
Directly jumping to TA. Recent High price move was because of March 31st testnet launch. TA is coming under heavy pressure because of BTC selling. We all know BTC is able to govern the trend for all coin. So if BTC falls, will TRX will rise? I doubt it. At most u can see a spike in Buy, only if BTC shows Green. i.e.. 30 to 40% increase in price and hard 4 to 5...
Hi Guys, I had made the bull call way too early, but i went wrong initially cause i didnt include all data points. If you see the current behavior of BTC, it is showing the sign of Bull again, but dont fall for it. It is yet to come out of Bear Trend. When Bear trend will be over, read below TA. Here we have two pattern, Bear butterfly pattern and Bull Bat...
As we have said previously, BTC needs to cross 11700 to show Heavy Bull Potential, It found resistance at 11500, but not a heavy one. It 's just that Bulls are not ready to move the marke t: Reasons for this could be anything from "waiting for political news, making impatient traders to loose their money etc.." As per the current market scenario, we don't see...
Hey all im new but been noticing this keep comming up andthought i would share could be a criticl point at the apex ??Around the 16th matbe.Just wanted to put this out there i've added some text to the chart to explain better if you want to buy me a cuppa tea if it pans out my adresss is below. New trader learning and looking for patterns.Lets see what happens at...
Though the actual chart which i shared had an error in the ABC Correction wave.. But the markings were bang on:) LTC moved up from the exact spot of C I would love to hear from the experts - whether i should have considered this as a Descending Triangle or the ABC Correction Wave Please have a look at the below related link (for the original post) and let me...
Looks like LTC if about to complete the ABC Correction Wave. It should take a few hours. once it does, we can expect it to head up again. Yesterday's High $236 would be the resistance and it has to break it to reach the next target which is around $268. Let me know your thoughts. Do leave a comment. ----------- This is not a trade signal. I am just sharing my 2 cents.
Follow the chart its possible for btc to break out yellow line and go up to 9k - 9.2k or to retrace down to 8k ~
Gold has clearly formed a Head and Shoulders pattern on the hourly chart. Once the temporary support is broken, the price will fall.
BTC looks to have completed an inverted head and shoulders pattern. I have plotted the major lines of resistance and one of support. I'll be watching it carefully but expect it to reach around $12,500
NBTBTC is currently sitting at some of its lowest prices and not going much lower. This could mean consolidation and breaking out in coming days or week Not in investment advice.
Firstly, I would like to apologize for being MIA during the bull run and today's drop. I have been on vacation and hanging out at a hot springs for Thanksgiving holidays.I have however been in touch with my private telegram group and we have been predicting and talking about this drop for a while. I made the most returns in the past 5 days than I did the past 1.5...
EURJPY - 1W > 10/22/2017 Pair remains trading in 131.69 - 134.39 range Decisive Break and Hold above 134.39 indicates further rise to 141.04 re-test in longterm Decisive Break and Hold below 131.69 indicates further decline to re-test of 127.55 support in longterm Personal bias: Neutral * Personal analysis only. Please use your own rules and strategies prior...
Let's look at 1 Day chart of Bitcoin . We are in Wave 5 on a Daily Chart . Bitcoin has gone through waves 1, 2, 3, 4 and is now the last wave in Elliot Chart. The price broke 6000$ psychological level. RSI shows that we are going to bring the price down. We must watch for price action near 6150-6200$ level. If price moves above < 6200$ level, we'll have long opportunity.
EURUSD - Trade Analysis > Month of October, 2017 Updated: Trade Analysis > EURUSD Timeframe: 3W Expecting uptrend to continue toward 1.1870 / 1.1950 levels with test of 1.2030/37 resistance possibility. Strong reversal expected which could lead to low target @ 1.1380 levels. Overall monthly average high range expected to hold between 1.1870 / 1.1950...