Hi guys, Here's gold, I believe we'll be going lower today. The behavious of price within this area seems of indecision to me, which indicates a Trading Range. It also looks like a trading range as price has been ranging within this area for a while now. Price went up to create a higher high in an attempt to break out of the trading range however it appears...
Short. Will add more info when I stop driving. Approx 150 pip target minimum.
Currently still in a trading range, with potential to break below. August is usually a Trading Range month with indecision between bulls and bears. Let's see how price action plays out. Below is a POSSIBLE Large Reversal Zone. Please read chart for information. Like and follow me if you like this chart idea. :)
Hi everyone, just an update following up from my two previous chart ideas (Long and Short Views - Please see Related Ideas). Yes as we see everywhere, it's glaringly obvious that it appears that we have formed a "triangle" and that price has broken above that triangle and is going up currently. This could possibly still be a valid view. However, here is an...
On a bigger view, Price has been consolidating within a range/wedge like pattern and hence not showing the behaviour of a sharp correction. Please look at structures and where price is at. It's now currently trying to breakout above.
Hello my followers and fellow traders. Here is my latest position and looking to short. Simple. Price Action is king. Happy Trading :) Please LIKE and FOLLOW for support. Thank you <3
Hello my followers and fellow traders. This chart won't get many views as it's posted via the Bitmex chart ideas section which has a smaller viewer base due to the ticker XBTUSD instead of the regular BTCUSD exchanges available. Nonetheless, here is my latest position and looking to short. Simple. Price Action is king. Happy Trading :) Please LIKE and...
Hi everyone :) I haven't posted lately as i've been on holiday to Korea and Japan (absolutely beautiful countries and a must to visit once in your lifetime). Now I'm back and read to tackle the charts again. While away I've been trying to read and grow as a trader. I believe sometimes in life we need to take 1 step back to take 2 steps forward. Yin and Yang....
Abc almsot complete, waiting for it on all time frames. If price drops form here we will see price on larger time frame reject from the 61.8%, perfect for wave 2 completion. WAVE 3 incoming. BIG MOVES.
Hi guys, just to add onto my previous chart idea (Please see Related Ideas). I previously said that we are in an ABC however i was wrong on my count. I can now see that the C leg is jsut above and we are almost there. Looking for it to double tap on the 1 hour or go up further up (various projections), creating momentum DIVERGENCE before we see the drop for wave...
Hi guys Wave 3 beginning for the big drop that i've been calling for a good month or so now. Finally i believe it is here. :) HOLD this baby! Take profits when your'e comfortable to do so. Plenty of pips incoming. Will perform further analysis later. FOLLOW so that you can be up to date with it. I would really appreciate it also :) <3 Have a look at my other...
Please check previous chart ideas for live updates and bigger time frame analysis. Please LIKE and FOLLOW if you liked it :) <3 I would really appreciate it. In my opinion, we are going to go down with a final C leg and to close off point E of the bigger Wave 4 consolidation/wedge. Afterwards we will have 1 more final push up for wave 5. Follow and stay tuned...
Check out my previous chart idea aswell which shows the moves and analysis.
Hi Guys, if you followed us from the last chart idea, we have completed Point D of our consolidating Wedge and now embarking on our final point E which will consist of a sharp movement down. See Related Ideas Link below for previous analysis.
I see us as being in Wave 4, inside a bigger wave 3 (See image below). Currently: 5 wave impulse up to complete Point D and then a fall again for Point E and completion of the wedge pattern. After pattern is complete we will see another rise in the price of Bitcoin/Ethereum.
Breaking up for a long now in my opinion. Elliot Waves Below.
I see this for the elliot waves. Still potential for further moves up to levels 9700 - 10750 before reaching consolidation. I will look to take some profits here and re-enter.
Two Scenarios that i see: Perfectly on the 61.8% for a move up after breaking out. HOWEVER if it does not, then we will see a move similar to this. Something like this. Please Check Analysis here (including elliot waves):