VitimWood

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About me If you don't find a way to make money while you sleep, you will work until you die.
Joined United Kingdom TradingAssista1
Do You Want To Understand Tomorrows Market Today? I'll be very thankful for your likes and comments! Your feedback is very important for me! Thanks!
Markets Allocation
42 % cryptocurrency 42 % forex 16 % other
Top Mentioned Symbols
GBPUSD 15% | 3 BITSTAMP:BTCUSD 10% | 2 BITFINEX:BTCUSD 10% | 2 LTCUSD 10% | 2
VitimWood VitimWood GBPUSD, 15, Long ,
GBPUSD: LONG ABC Correction is coming, Multiple Time frames analysis
173 0 3
GBPUSD, 15 Long
LONG ABC Correction is coming, Multiple Time frames analysis

Good Morning Traders! We saw a sharp decline in 5 waves down to the 3 month low. From This point, I expect at least ABC correction in this market to 38% Fib lvl -0.51% . Nevertheless UK economy is in a SLEEP MODE and chances of another Intrest Rate hike by BOE in May is nearly 0. From Daily chart, we can see that Price is hovering near 200 MA and uptrend ...

VitimWood VitimWood BTCUSD, 720, Long ,
BTCUSD: Investigation of Current Status of Bitcoin - worth of Readig
409 3 8
BTCUSD, 720 Long
Investigation of Current Status of Bitcoin - worth of Readig

In this post - I'm going to examine Bitcoin across the board covering the following: 1.Basic Technical Analysis ( Trend Lines , Candlestick formations, Moving Averages) 2. Elliot Waves Analysis 3.Marcet cap analysis, Volume Analysis, Fundamental Analysis . 4.Number of short positions (BITFINEX) 5.Number of long positions (BITFINEX) 1.From a Daily chart , ...

VitimWood VitimWood XRPUSD, 60, Long ,
XRPUSD: XRP - Bullish Pennant - 4th Impulsive Correctional Wave
169 0 4
XRPUSD, 60 Long
XRP - Bullish Pennant - 4th Impulsive Correctional Wave

I expect a bit a bigger correction in order to form Pennant Formation. However, because of the extreme sell off that we saw 25th of April - it can possibly be invalid and thats why we track elliot waves in this market. In this case, Ripple found support at 0.45 level and turned sharply just like other cryptocurrencies, but beware, because Ripple can be 4th way ...

VitimWood VitimWood BTCUSD, 240, Long ,
BTCUSD: BTC setting up for a Bullish move to 12k
333 2 10
BTCUSD, 240 Long
BTC setting up for a Bullish move to 12k

Bitcoin whales coming back to the market and institutional investors start to invest heavily after paying taxes on their accumulated profit over the last year. BTC formed a bullish flag that about to breakout with MPO near 12,500$ level. However, if we break down for a deeper pullback we can expect a deeper correction, where currently falling exactly from 9500 ...

VitimWood VitimWood LTCUSD, 60, Long ,
LTCUSD: Bullish Pennant after strong move - GO LONG
67 0 0
LTCUSD, 60 Long
Bullish Pennant after strong move - GO LONG

Please like and subscribe if you want more analysis from me... Litecoin reacted positevly on a new that it can become a fork - right now we can see a Bullish Pennant Formation with projected MPO -0.35% near 300. Litecoin declined into our projected important support as expected and turned just like BTC -2.92% and ETH, so it’s first evidence that correction is ...

VitimWood VitimWood BTCUSD, 60,
BTCUSD: BITCOIN Did Not Bottom, Yet
51 0 0
BTCUSD, 60
BITCOIN Did Not Bottom, Yet

BTCUSD -1.03% fell down into wave (c) a third leg of decline. Wave (c) is a motive wave, so it must be made by five subwaves before even consider that correction is finished. final support zone can be between 8700 level for (A)=(C) and 6800 level towards channel support line and 161,8% Fibo. extension of wave 4.

VitimWood VitimWood AUDCAD, 60, Short ,
AUDCAD: AUDCAD Short Opportunity - big RRR
7 0 0
AUDCAD, 60 Short
AUDCAD Short Opportunity - big RRR

Happy New Year. Please like and subscribe if you want more analysis from me... If we hit our SL on the first sell attempt we selling on the second zone. We updated our strategy so that we can minimize losses and maximize our gains.

VitimWood VitimWood USDCAD, 240, Long ,
USDCAD: Broken Downtrend Line - Perfect Risk Reward
27 0 1
USDCAD, 240 Long
Broken Downtrend Line - Perfect Risk Reward

Happy New Year. Please like and subscribe if you want more analysis from me... I suspect that this market is going to continue to find plenty of support at the 1.25 handle, and then again won’t be able to break out to the upside, at least not for a significant move. The next couple of days are going to be very choppy and sideways, so therefore very unlikely to be ...

VitimWood VitimWood GBPUSD, 720, Short ,
GBPUSD: Divergence and touch of Bollinger Bands - Expect Corrections
70 0 2
GBPUSD, 720 Short
Divergence and touch of Bollinger Bands - Expect Corrections

Happy New Year. Please like and subscribe if you want more analysis from me... Sterling was flat but still holding near a three-month high of $1.36 on Wednesday, after a survey showed that growth in Britain’s construction sector slowed last month. The PMI came in just below a median forecast of 52.5 in a Reuters poll of economists. However this price actions only ...

VitimWood VitimWood LTCUSD, 15, Long ,
LTCUSD: LONG TA analysis of LTC - Bullish Flag - good RRR
360 3 7
LTCUSD, 15 Long
LONG TA analysis of LTC - Bullish Flag - good RRR

Please like and subscribe if you want more analysis from me... The reason behind of such a strong pullback in LTC is that Charlie Lee, the former director of engineering at Coinbase, is selling almost all of his holdings in Litecoin (LTC), the cryptocurrency that he founded in 2011. Lee explained in a post on Reddit that he is selling all of his LTC coins — bar ...

VitimWood VitimWood GBPEUR, 240,
GBPEUR: 2 Case Scenario - Wait for some good news to go long
59 0 1
GBPEUR, 240
2 Case Scenario - Wait for some good news to go long

Please like and subscribe if you want more analysis from me... Brexit talks came to the second round - if some positive news will come out from UK or EU - it will push GBP higher. This pair touched strong Fib Level and Major Uptrend line - very strong set up for Long position - however wait until something get broken.

VitimWood VitimWood XRPUSD, 240, Long ,
XRPUSD: TA analysis of Ripple - Bullish Flag - good RRR
552 4 10
XRPUSD, 240 Long
TA analysis of Ripple - Bullish Flag - good RRR

Please like and subscribe if you want more analysis from me... Ripple, which has mostly remained on the sidelines of the recent price surge in cryptocurrencies, sprang to life today by recording a price increase of as much as 84 percent to $0.51. The cryptocurrency doubles as a payment network and has seen its price rise by approximately 7,500% as of this ...

VitimWood VitimWood BTCUSD, 720, Short ,
BTCUSD: Divergence across the board - Expect pullback to 20 EMA
216 2 4
BTCUSD, 720 Short
Divergence across the board - Expect pullback to 20 EMA

Please like and subscribe if you want more analysis from me... I don't like Bitcoin, because of uncertainty that it brings. Government and Regulators could kill Bitcoin stone dead ages ago, but it seems that at the moment though some grey eminences making too much money, for this to stop. The world’s biggest exchange is joining the bitcoin revolution. Bitcoin ...

VitimWood VitimWood XAUUSD, D, Long ,
XAUUSD: Bullish sign in GOLD
29 0 0
XAUUSD, D Long
Bullish sign in GOLD

Please like and subscribe if you want more analysis from me... A fall back to test the secular trend followed. Since no extended breakdown ensued, a sideways range has been in place ever since. There is a large saucer shaped pattern between $1060 and $1420, which characterizes price accumulation. Our momentum studies also remain in a bearish holding pattern ...

VitimWood VitimWood EURUSD, 240,
EURUSD: 2 Case Scenarios - Wait until something gets broken
43 0 2
EURUSD, 240
2 Case Scenarios - Wait until something gets broken

Please like and subscribe if you want more analysis from me... I will appreciate that. The U.S. dollar gained against the euro on Thursday after the European Central Bank raised growth and inflation forecasts for the euro area, but stuck with its pledge to provide stimulus for as long as needed. Draghi maintains accommodative stance. But US dollar is weak as well ...

VitimWood VitimWood EURTRY, 240, Short ,
EURTRY: U Turn in a Bull Trend
20 0 0
EURTRY, 240 Short
U Turn in a Bull Trend

Please like and subscribe if you want more analysis from me... I will appreciate that. The Turkish Lira is expected to trade at 3.59 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.48 in 12 months time.

VitimWood VitimWood UKOIL, 720, Long ,
UKOIL: Can BRENT rally to 70? Strange Pattern
48 0 0
UKOIL, 720 Long
Can BRENT rally to 70? Strange Pattern

Please like and subscribe if you want more analysis from me... I will appreciate that. What's the point for OPEC to cut oil -1.53% supply if America flooding the market with it?? The only one question, for now, is whether oil -1.53% rally will end at the end of December or at the beginning of first quarter of the year 2018? However what the chances that BRENT ...

VitimWood VitimWood USOIL, 240, Short ,
USOIL: America flooding the market with OIL
28 0 1
USOIL, 240 Short
America flooding the market with OIL

Please like and subscribe if you want more analysis from me... I will appreciate that. What's the point for OPEC to cut oil supply if America flooding the market with it?? The only one question, for now, is whether oil rally will end at the end of December or at the beginning of first quarter of the year 2018? Read this Article: ...

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