ttafa

ttafa

An important low appear to have been printed at 1160. CFTC commitment of traders (COT) appear to confirm this with extreme commercial long and extreme speculative, an ownership profile that statistically coinicides with major lows. After breaking above 1200, I am watching the ascending Pitchfork formation for continuation to the upside. Intraday 1200 is holding...

ttafa

Ripple is sitting over a big support zone and confined by a descending TL. RSI is now above 30 after dipping below suggesting price could be reversing. Aggressive traders could buy at current levels with stops jut below the lower level of support zone. Alternatively, traders could wait for confirmed break of of the descending TL. Swing traders

ttafa

USOIL is consoliadating in a triangle after printing double top @ 66.65 and on negative RSI divergence. Risk is to the downside here and price is currently sitting on ascending TL. Break here could see pivot @54.80 in a hurry. My game plan is to place sell stop order @61.60 with SL @64.00 (just above 6/4/18 high) providing reward:risk of 2.75:1

ttafa

Analysis from 14/3, ''One way or the other, price will break out of the triangle soon, possibly today. My upside target is 64.20 and my downside target is 58. An OCO 4.35% order can capture either possibility'' We got break of triangle and we got the target.

ttafa

One way or the other, price will break out of the triangle soon, possibly today. My upside target is 64.20 and my downside target is 58. An OCO order can capture either possibility.

ttafa

In my last post, I was expecting a strong reaction around 63.40 for a bearish move. However, price overshot level to 64.20 but a bearing engulfing candle closed below 63.40 on 27/2/18 and there appears to be follow-through on that candle as at time of writing. If today's candle closes red, there is potential for price to re-test 59.00 and maybe more towards 54.83....

ttafa

Price is in a short-term triangle. Break and hold above descending line resistance (hourly) to trigger me long. Target 1.4350. Stop 1.3950. Good reward/risk here.

ttafa

In my previous analysis after breakdown of 63.40 and crash to 58.10, I was looking for price to ''consolidate around here or correct higher towards 63.40 before dropping further to next pivot around 54.90. Lets see what happens'' Price has corrected as suggested and is now a few pips away from 63.40. I expect a strong reaction around this level if price is to drop...

ttafa

Does anyone have any idea on this one? I am sure some fundamentals could help somehow.

ttafa

Short was triggered last night on daily close below 107.30 following posting on 11/2/18 ''Price is consolidating in a big and old triangle (assuming this has been drawn correctly), and the triangle is running out of space, which is a reliable signal of an imminent breakout. I am inclined to the downside break. Why? Because equities are under pressure universally...

ttafa

Short was triggered las night on daily close below 107.30 following posting on 11/2/18 ''Price is consolidating in a big and old triangle (assuming this has been drawn correctly), and the triangle is running out of space, which is a reliable signal of an imminent breakout. I am inclined to the downside break. Why? Because equities are under pressure universally...

ttafa

On 1/2/18 I posted 'As long as price is capped by moving average ribbon, losses are expected to persist'' and I marked 7640 as a level to watch out for. Price reached a low of 6024 on 6/2/18 but has since bounced back above 7640. I expect price to correct higher to test the descending TL marked before renewed pressure to the downside.

ttafa

Price is consolidating in a big and old triangle (assuming this has been drawn correctly), and the triangle is running out of space, which is a reliable signal of an imminent breakout. I am inclined to the downside break. Why? Because equities are under pressure universally and as investors seek for flight to safey, Yen is typically a strong candidate. I will...

ttafa

On 6/2/18, I posted ''Price is testing confluence of pivot and rising TL at approximately 63.40. A break and daily close below could accelerate losses with major pivot at 59 as 1st target''. As typical of legit breakouts, price dropped very quickly to hit 1st target at 59 and even surpassed it. However the long daily candle wick suggests price might consolidate...

ttafa

Price is testing confluence of pivot and rising TL at approximately 63.40. A break and daily close below could accelerate losses with major pivot at 59 as 1st target.

ttafa

Bitcoin appears to be in a bottomless pit at the moment. It could bounce but 1175, pivot on the chart, seems to be beckoning. It will be interesting.

ttafa

As long as price capped by moving average ribbon, losses are expected to persist.

ttafa

Price is sitting sitting on critical support level. A break could tumble price to 0.9080 and beyond.