GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), LOCATION SCIENCES GROUP PLC ORD 0.01P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
. WAVES/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. There is a possibility of temporary retracement to suggested support zone (0.009121 to 0.007944). if so, traders can set orders based on Price ...
WW formed on the 4H and 30m chart projecting a long move to 61.8% fib
Here is a well formed WW projecting a bullish open in Monday, This also confirms WW formations on 15m,30m,and 60m. Strong long position.
BITCOIN down to 4700. my take on BTC/USDT. Dont think we'll se any major action untill the BAKKT money kicks in.
Bitcoin for me has a number of reasons as to why it could fall as low as $1800 usd before going up.
1) The long trendline at the bottom is off the monthly chart
2) The 200 ma (red one on the weekly chart will perfectly align with 2900 which was a previous price i also thought it would fall towards
3) A huge triangle has formed on the weekly which needs to be ...
We see elliot wave abcde correction forming a descending wedge
ABCDE correction in BTC?
Bullish divergence on RSI & CCI
if BTC plays ball we should see the target 7422
DJI appears to be in a corrective period.
I have seen this as a zig-zag which has led on to either another zig-zag or what may not have finished triangle.
I have added the moving average for extra confluence and the market appears to have made a very short term flag (trend continuation pattern).
To me this is looking upside and could potentially be the start of ...
RSI broke above last resistance
Order crossing above trend line to target 7615
It seems that DXY has been acting within this price range for some time and I have seen it as a more complex pattern.
This is the fist time I have posted a WXY formation so any guidance or pointers on these is appreciated, as with all trading knowledge.
I anticipate price to continue upwards and finish around the trendline.
If that is the end of the correction, ...
Gold seems to have finished the 5 wave pattern which my other gold prediction covered.
The five wave cycle has finished and has formed an A wave, is currently in the B wave and I am looking at any break of the short term trendline.
This would confirm downside.
I would not be surprised if the correction did retrace to the 50-61.8% of wave A before wave B ...
A-B fib retracement shows the D finish in 61.8-78.6% area.
I expect price to fall into the 61.8-78.6% area of retracement C to D.
I am waiting to see if it is confirmed for further downside at this point, before making any further predictions.
Considering our chart, we can observe a price reduction. If we evaluate our daily chart from the point of view of wave analysis, then we will see the 4th wave, which indicates a decline in this pair. And soon we expect the 5th downward wave. Especially after the statements of Jerome Powell, we expect the strengthening of the reserve currency.
Therefore, we will ...
The BIG correction is still in play. ABCDE correction can be done at $3k.
SHS didnt play out...so... maybe good time for new buyers are coming.
After comments from Mnuchin and very heavy USD shorts on the market the USD has been very weak. However, after Mr. Trump and Mnuchin (again but this time saying the opposite) confirming that they want a strong USD "reflecting on the US economy" the market has finally stopped selling USD as it was few days ago. Therefore, I believe that we will ...
You can't keep a good crypto down. A good entry on this trade would be around 95 cents on the breakout, with a six week target of $4.00. Or just hold.
new to all this just wondering what peoples thoughts were on this and if i have got it very wrong or on the right path.