ckbusiness2003

ckbusiness2003

In light of upcoming data release, CADCHF will rise and test previous S&R zone. Decent pip movement.

ckbusiness2003

SHORT WEEKLY- EURAUD

ckbusiness2003

Current Economic climate has caused EURO to reevaluate its standing against AUD. The reversal trend enacted by a string of events-i.e EU economic output, raising concerns in global markets and US volatility pushed the underlying trend reversal at a pivotal harmonic level. Down trend for the next 5-15 weeks expected and 2000+ pip run for massive profit is possible....

ckbusiness2003

If we break orange line, then we will test that bottom, most likely bounce and reverse back to 1.16 range. The big issue is that the trend isnt done, so the play is a short, but on the other hand, we are way low on Stochrsi, the overall notion is that US is growing but the PPP shows the price needs to be higher. Interest rate parity says that US inflation is...

ckbusiness2003

We broke resistance and I entered short. You see it hit support, bounce resistance and now we are headed back down, most likely to 1.13-1.135 zone. (A) started the run and had a pivot to (B), which crawled to (C), now with the recent news releases and hit off the Fib, the run down is the next move. we will bounce off the S&R zones but over the next few weeks head down.

ckbusiness2003

EurUsd is looking like a push if News is positive on the 26th. If we see positive, then a push to 1.18-1.185 as a test for zone. If negative, then a drop back down to lower 1.17's and test of bottom of accumulation. I don't believe we are seeing a huge movement coming up but the recent pivot can suggest we can see some larger pip runs and decent % changes over the...

ckbusiness2003

Wyckoff and fib, already rode the first wave, bout to ride the second

ckbusiness2003

We could see an ABCD pattern for a small wyckoff pattern forming before a drop. Yesterday I posted a momentary reason for EUR expansion outside of statistical data(accusations) now we are going to see a pattern form from that and hopefully have some good % trading.

ckbusiness2003

Loose Fib on USDTRY, big changes from the other week. Recover then boost. In the statistical range I ran If you release the high end and make the chart gapped, we will most likely come back into the traditional channel from prior boom.

ckbusiness2003

Current accusations and rumors on the president has caused the current FX change. Dollar has become weaker, EUR is becoming stronger. We hit a critical resistance point and have shown a bit of decline, but nothing impressive. The % change will most likely come from physiology rather than statistical FED numbers. Keep in mind that the low range that we are in now...

ckbusiness2003

Bitcoin bear run until Mid-Sep. Price drive down due to firm approval to buy and hold. Drive price down, wait for ETF ruling, make questionable trades legal, and then price boom.

ckbusiness2003

we are in the position to change the price wave for the next few weeks. If we have a price bump, itll most likely try and ride to 9.2k, if we have drop, then we are going down down. Everyone is saying im wrong on both fronts, but the chart says otherwise. Good hunting, make that money!

ckbusiness2003 Updated 

We had the breakthrough on my previous post, which I didnt want, but we hit top channel, IF it drops, probably going to big yellow, then option 1 or 2, if it breaks, run to 10k, most likely pop and fall back. I dont think its ready for the bull market, breaking 10k, would be a higher high, so we shall see. I have buy orders in at 9k so ill sell at 10 if that...

ckbusiness2003 Updated 

What a resistance line. You can see my yellow marks which are right at that 7.6k range, where the resistance was built back in the previous run. I'm thinking if we can break that again, then break 7.8k then we can have a small boost to the top of my triangle. IF we keep resistance, Id expect 5.8k again, then possible the first test of 5.2k, and then 4.9k.

ckbusiness2003 Updated 

so we hit the 7.8 mark, Shorts are squeezed out, but the longs are trapped because there is no clear sign of trend reversal, which would make this a bull trap. Id expect a drop from here, a race to 5.2, or 4.9 if breakthrough. Then go pick out your lambo:)

ckbusiness2003

WYCKOFF- Accumulation, Markup-ABCD, Distribution, Markdown. I'm using a Fib to theorize the pivot points, and The extension for the final TP. Looks like a resistance zone is hit, once the descending triangle is complete, we will see a major fall hopefully. A few things to keep in mind, Growing trade tensions will affect USD value.... This will be a running...

ckbusiness2003

the play out, every zone hits. Pretty crazy how patience and zone charting works out.

ckbusiness2003

Waiting for a break on the lines to find a new entry point, if it goes high, then buy and ride for a 1-2k bounce, if it breaks low, Wait until 5.2k or lower to start looking for entry