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#impulsewaves

ORBEX: GBPUSD, USDCAD: Surprise on the US-Sino and Brexix FrontsIn today's #marketinsights video recording I analyse #GBPUSDand #USDCAD FX Majors! GBPUSD records best day in months - Johnson-Varadkar see "pathway to deal" by end of October - Despite GDP and MAnufacturing data disappointed USDCAD down on tradewr optimism - Trump changed mind and now is open to a partial deal - Willing to and will meet He on Friday to resume talks - Cad stronger as oil supported by positive headlines (China is big oil importer) Looking forward to Canada's employment report! Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex
BTCUSDT - Bitcoin's bull run has just started!At the middle-term chart of 4-hour timeframe we can see that Bitcoin's price is in the middle of red Ichimoku cloud between two major Fibonacci retracement levels. What such situation tells us ? The answer lies in a retrospective movement of the price. After a rapid and sharp rise to $14 000 level the trend has reversed and ABC correction waves started. The price bounced from the area around global support of Fib 0.786 near with $9 700 level. Afterwards two impulse growth waves were confirmed which in case of rise above $12 000 level within the next day will finish very bullish pattern Inverse Head and shoulders. In case of success the full pattern of 5 Elliott impulse waves will take place and Bitcoin will move above $14 000 level which will start FOMO growth Bitcoin is in a good technical state. In the short-term it is recommended to open BTC-ALTs position to gain more Bitcoin value while afterwards you should shift to USDT-ALTs positions to save and accumulate profit. The largest part of your portfolio should be BTC, we recommend to use the following structure which can be used for trading with alts BTC - 60% USDT - 20% ETH - 20% Best regards, SkyRock Signals team
Long
by Skyrexio
4
BTCUSDSimple ideas into March 2020 based off the price action zones BTC has/is creating. I can see a future to 15-18k zone...peak being a spike and probably a very heavy denial. There will be a lot of people trying to recover investment losses of 2018. We are hitting those numbers again. I see the people looking through the hope cycle and pushing numbers to the north for this reason. Impulse Build up.... Impulse Please review related and prev. ideas :) As always please like and comment your thoughts on the upcoming movements of BTC. I simple see the large time frame accumulation zone beginning before IMPULSE 2 on daily begins. Until then we need a SOLID ceiling that proves a drop back down. I believe that drop can happen anywhere between 15-18k and that we are getting a 123 or ABC impulsive reaction to the market. I have marked a FLAG range that would be a good probability to say this would be our large base accumulation build up into March 2020. Just like our recent April of 2019....I see another rise come April 2020. But from where????? what price??? and WHY???!?!?! You tell me your thoughts... Thanks for following and supporting everyone!!!
BITSTAMP:BTCUSD
by AschraM
7
BTCUSD - Bitcoin likes to dump and run. RSI - MACD bearishBitcoin is nearing a critical point. One of the key elements of this TA is to view the chart on a Logarithmic Scale not Linear. If you right click in the right hand scale and select log scale it will toggle the scale type. The yellow trend line(TL) is taken from a weekly chart. Price has remained faithful to this trend line but many traders still may be looking at price from a different perspective (linear scale) which may explain why price is sluggish and going sideways now. Notice patterns in the past where bitcoin price makes a more violent drop in price and quickly rebounds into a new impulse wave. I don't know if we will get that type of play at this intersection; although RSI and MACD are still showing bearish signals. RSI has yet to cross the "oversold" territory (below 30) and MACD has yet to post a crossover reversal signal. If you are trading these signals you're still waiting for a capitulation in the market and a classic Bitcoin dump and run. At any rate make sure to pay mind to the mid-term counter TL and the long term TL. -Jared
COINBASE:BTCUSDShort
by ActiveCrypto
Elliot vs Scott // IF=THEN ®FX:USDJPY Bullish breakout version after 72 days of "consolidation" between Weekly Support W1 and Daily resistance D1 Basic Elliot impulse with 5 waves: iMPULSE LEG: Wave 2 = 61.8% of wave 1 (Prices usually do not retrace more than 61.8% of the wave one gains; Can never exceed the start of wave 1); wave 3 = 161% ext of wave 1 (can never be the shortest impulse wave); wave 4 = 38.2% of wave 3 (can never overlap wave 1 ); wave 5 = wave 1 CORRECTiON: Wave A = usually around the 50%/61.8% of wave 5 Wave B = Usually 50% of Wave A and Should not exceed 75% of wave A Wave C = Wave A (AB=CD) * 161% ext Wave A 262% ext Wave A Cyphers: CYPHER: Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD Safe trades;
Long
by Andre_Cardoso
3