x18nas

x18nas

Manipulators love to confuse the crap out of people...rare Elliot wave structure in play? One man's guess is as good as the others. Elliot alone is just a road map. Further technical confluence should be used when trading. Triple Three consists of: W: zigzag 3 waves abc X: any sequence of 3 waves abc Y: flat 3 waves abc X: any sequence of 3 waves abc Y: Triangle abcde

x18nas Updated 

TVC:UKX is looking to breach the Red Komo (cloud) on the Ichimoku. It hit the top resistance blue line and is now headed to the bottom support blue line around 7106. Could be a near term short play and the geo-political backdrop is reinforcing this (lots of bad Brexit news and retail sector suffering Toys R Us, Maplin have gone into administration and several...

x18nas

TVC:GOLD is currently doing a second correction having formed a double top. Several levels of support are coming into play soon. Key level is 1306 (blue line) will likely act as support and beneath that the 100 and 200 MA’s can provide further support. Fib level 0.36 level could be the absolute bottom if we break through 1306. I still remain Bullish long term for...

x18nas

Bullish RSI Divergence on the hourly chart on BTC/USD. Looks a good opportunity to go Long. Potentially it could go down a bit more but overall RSI is suggesting we are headed north pretty soon. I'd suggest going Long, if it comes down further see it as an opportunity to add further Long positions. Good luck.

x18nas

Analysis TVC:GOLD is still in an uptrend and the current pull back is a turning into a good opportunity to buy especially with all the volatility in the markets. We should look to buy cheap in the Red Zone and hold until in the Green Zone. When we make good headway in the Green Zone we can sell for profit. This is not for day traders. Red to Green is likely to...

x18nas Updated 

There appears to be a Head and Shoulders pattern forming on the hourly chart for COINBASE:BTCUSD . This suggest there may be some downside yet still for Bitcoin and this also fits into the triangle pattern as we move closer towards the apex of the triangle (white trend lines). We have clear support and resistance lines (blue trend lines). We may yet still create...

x18nas

In my previous post I advised shorting BTC/USD. At this point I’d say take your profit and go back to a wait and watch brief. The key question for everyone now is where is the bottom? And even is this a crash? A couple of key levels to watch are the yellow trend line in the 7700-7800 rang e. There are also buyers waiting in the wings to get in around this level...

x18nas

Recent days have been a wait and watch brief on BTC/USD as an inner wedge has formed (white trend lines). Today we broke out of that wedge with a bearish movement and currently we lie almost perfectly on the 50% Fibonacci retracement. If we break the Fibonacci 50% then there is a possible opportunity to short as we could be headed to the bottom yellow trend line...