Kwamina3

Kwamina3

Weekly: 4th Weekly bullish close in a row. happens to also be the result of a bounce on a weekly channel. Last weekly impulse leg shows a possible 1.27 extention that lines up right on the 1.3650 key level Daily: Daily bearish retracement channel is present. price is trying to break this channel to the upside for the 3rd time. we had a bounce then a bullish...

Kwamina3

Weekly: After 5 candles of indesicion a bearish engulfing candle has painted and closed below the 1.3000 key Level. Expectng another bearish weekly continuation closure in light of BREXIT struggles. Daily: After impulse leg retrace a DOUBLE TOP formed in confluence with the trend. awaiting break of the neckline to go short. Breakout of this retracement range would...

Kwamina3

Weekly: Very Bearish Weekly close candle after tapping major monthly level 2 weeks ago (1.8750). Prior to this level being reached there were 2 distinct weeks of impulse. Daily: Impulse leg off of weekly Trendline bounce- followed by a 38.2 retracement- followed by another impulse leg fulfilling a 1.27 extention, perfect metrics. Anticipating the break and retest...

Kwamina3

Weekly: Huge monthly bearish H&S; right shoulder completing Bearish candle anticipated close below 1.1450 monthly level after a test of this support in August and bearish close below 2 Consecutive Hammer candles (Bears taking control after indecision) Daily: Recent candles showed signs of price rejection just short of previous LL, anticipating minor rejection...

Kwamina3

Weekly: Inverted H&S pattern being pushed to the neckline. Awaiting break and close or rejection. Daily: Last Friday closed just short of the Yearly high 96.97 rejecting off this Monthly Key Level. C leg completion on a potential Bullish cypher H4: Bullish TL based on last impulse legs line up with an expected 38.2 retracement of the current X-C on the potential...

Kwamina3

An idea

Kwamina3

perfect 61.8 Rejection off our most recent impulse lege. the fibonacci expansion lines up perfecly with the weekly Gartley Harmonic formation (which the ratios thus far have been incredibly accurate) we should see some smooth USD strength here in the next few weeks to help complete this pattern. I reviewed the actual FOMC minutes script and in almost every...

Kwamina3

USDCAD has been following a descending channel price action for weeks with no end in sight. With this weeks return to the inside of the channel we are presented with a nice trade opportunity, as it has failed to close above the 61.8 retracement of the last impulse leg. We have wicks reaching almost to the 78.6 level. Tomorrow USD releases CPI data which could be...

Kwamina3

Swell conference was very interesting. 24 hours up until the event price rallied to .61 but as soon as the event was going price dropped hard. Whales dumped the price all the way down to .53. However at 3pm on 10/1/18, the day of the Swell conference XRP announced they have 3 companies actually using the XRP coin via xRapid. I am extremely bullish on this coin...

Kwamina3

The bullish movement / Impulse leg that started in Dec 2017 has been painted and we have officially painted a last kiss reversal pattern off the 78.6 Fib retracement level. Along with the DXY seeing a solid price action reject off a solid Daily resistance level along with a TL that lines up perfectly with it @ 95.65 region. This lines up perfectly so with the...

Kwamina3

DXY has had a good bullish run in response to the FEDS decision to increase the fed funds rate. We are seeing a solid price action reject off a solid Daily resistance level along with a TL that lines up perfectly with it @ 95.65 region. Seeing that we also have met with a key support region @1.15500 we should expect a nice bounce off this level before continuing lower.

Kwamina3

Perfect Cypher pattern forming on the Weekly timeframe . Expecting some kind of price action towards yearly highs and to the completion region then a hard fall at least back to the mid-month key level.

Kwamina3 Updated 

Perfect Cypher pattern forming on the Weekly timeframe. Expecting some kind of spike to the completion region then a hard fall at least back to the mid-month key level.

Kwamina3 Updated 

Upon the break of the bullish Trend-line will be adding more shorts to this position. 1st target is the next major H4 support @1.15400. Upon break of 1.15400 we should see price descend further to the next key level (yellow)

Kwamina3

price rejection from Daily support region

Kwamina3 Updated 

A lot of indesecisiveness in the DXY since the last FOMC meeting where they decided to leave rates unchanged. Source CNBC article states ," the committee is widely expected to approve an increase at the September meeting and a tweak in the language from the post-meeting statement could be a nod toward more monetary policy normalization." www.cnbc.com -Looking to...

Kwamina3

Potential C-D trade

Kwamina3

Trading the C-D leg