2019
#GBPUSD, end of bear in Week 17, bullish in Week 18?So sorry for not posting my analysis of Week 16, as I was overseas! However, I was trading through the week, so I am back with the analysis of the coming Week 18.
GBPUSD seems to have overextended its bearish move in Week 17, pretty much like the USDCHF. It ended the week with a reversal pattern at level 5 of the bearish trend. That made me incurred some losses as well in GBPUSD, I was expecting a further downward movement.
However, the analysis in Week 17 is now pointing us towards a bullish movement in Week 18. With a completed reversal pattern in bearish level 5 zone, it does look possible for the bull to regain its power for a bull ride in Week 18!
I will personally enter a long for GBPUSD in week 18, as well as long in EURUSD and short for USDCHF. Probably a smaller position for USDJPY as a risk control measure.
I hope all traders continue to make good profit in Week 18!
Please like and follow me if my analysis provided you with some insights, thank you for supporting me! =)
#EURUSD, end of bear in Week 17, start of bull in Week 18EURUSD completed its bearish movement in Week 17, and towards the end of Week 17, it also tried to make a bullish move.
So sorry for not posting my analysis of Week 16, as I was overseas! However, I was trading through the week, so I am back with the analysis of the coming Week 18.
EURUSD made a very expected bearish move in Week 17. I managed to catch part of the move and exited with some profits. I was heavy in USDJPY for Week 17.
With the end of the bearish movement in EURUSD, the analysis points toward a bullish move in Week 18.
Currently, EURUSD is seated in zone 3, which usually is a zone for the reversal to happen. Even though EURUSD ended the week with bearish candles on the H1 chart, the long tail that precedes it gave us comfort and confidence that the price will resume its bullish movement in Week 18.
I will be entering long on this pair for Week 18, it seems to hold a lot of potential for movement in Week 18. I hope all traders will continue to make good profit in Week 18!
Please like and follow me if my analysis provided you with any value! Thank you for supporting me!
#USDCHF, strong bull in Week 17, expect a short Week 18USDCHF made a very strong bull movement for the past two weeks and I personally suffered some losses by going short on them, however, I am glad I avoided them completely in Week 17 since it showed that it is going to extend its bullish movement.
I am away for the weekend of Week 16, thus, I did not make any update. However, I am still trading the market, so I am here to present the analysis for Week 17!
Towards the end of Week 17, USDCHF got into a consolidation phase which showed that the bull is now having some trouble to continue its movement.
USDCHF has made about 7 levels of bullish movement according to the analysis, and they do not seem apologetic at all! However, it seems to have stalled a little by the closing of Week 17, and it is currently staying at a new multi-week high.
The H1 analysis points towards a short in the coming week and I will be doing just that since I have found the pair to be over-extended now.
However for traders trading USDCHF, you guys still need to be careful of the potential loss that it might bring. For me personally, I will be entering short in Week 18! I hope all traders will continue to make a good profit from the market in Week 18!
Please like and follow me if I have provided you with some value from my analysis, thank you!
#USDJPY, reversal in Week 17, a short Week 18!A great week for USDJPY! I missed out on my analysis for Week 16 as I am overseas, however, I am still trading the market!
USDJPY made a great move towards the end of Week 17. I had a wrong level count previously that led to me still looking for another high to be made in Week 17.
Now looking at the situation, USDJPY actually made a reversal pattern in Week 17 which coincided with level 3 of the bull trend.
In Week 18, the analysis points the movement towards bearish and we will be likely to be able to profit from a bear movement followed by consolidation at the end of Week 18.
I personally would be entering a short, since the outlook is bearish and I am comfortable with the situation.
I hope my analysis has provided you with some insights, please like and follow me, thank you!
2015 bottom VS 2019 bottom*** This article is not for sell or buy. If you liked this idea, please, 'Thumbs up', 'Follow', 'Comment'~^^
If you look at the title, main chart, and secondary chart, you can easily understand. Therefore, the explanation is omitted.
[ ] 13.11 ~ 17.12 (about 1470d) >> 0.85% >> [ ] 17.12 ~ 21.05 (about 1250d)
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(1-1) 13.11 ~ 14.12 (about 400d) >> 0.85% >> (2-1) 17.12 ~ 18.11 (about 340d)
(1-2) 14.12 ~ 15.10 (about 300d) >> 0.85% >> (2-2) 18.11 ~ 19.07 (about 255d)
(1-3) 15.10 ~ 17.03 (about 500d) >> 0.85% >> (2-3) 19.07 ~ 20.09 (about 425d)
(1-4) 17.03 ~ 17.12 (about 270d) >> 0.85% >> (2-4) 20.09 ~ 21.05 (about 230d)
0. the comparison of indicator : 50MA, 100MA, 200MA
1. Current Coin Market Status- Coin Market Cap : $ 184 Billion
- Bitcoin Dominance : 53.4%- Volume by National Currencies : USD( 45.4% ), JPY( 39.0% ), KRW ( 2.0% )
2. The Comparison of Coin Market Cap
- Coin Market Cap : about $ 184 billion- Stock Market Cap around the world : about $ 50 trillion / about 0.37%- Korean Stock Market Cap : about $ 1760 billion / about 10%- Samsung Electronics Cap : about $ 240 billoion >Coin Market Cap
3. Futures Expiration date- CME : On the last Friday of every month at 4 pm- CBOE. : On Third Wednesday of each month at 10 pm
4. The Long-Term BTC Forecast- A similarity with the 2015 bottom &Influence of halving
kr.tradingview.com The rising curve by pattern
The ETHBTC Megabull Pending the Activation of the IH&S PatternHi everyone! Before we get started, take a second to hit the like and follow button to put this idea on the top spotlight and keep getting updates.
For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to have completed enough consolidation to attempt another breakout to complete the last shoulder of the IH&S and activate it with a hit of 0.040.
You can clearly notice looking at the chart that ETHBTC has a strong repeating IH&S bull reversal historical pattern (we are going for the 3rd now) within the log parallel bull channel , and once that we activate the IH&S we will very likely have a similar explosive Megabull on this pair (even ETHUSD ) towards the top of the channel around few potential targets depending on how Bitcoin pans out:
0.32-0.36 BTC
0.51-0.61 BTC - which is most likely the final target, target that we had since December
The question is pretty much the timing hence why two fractals were included with the blue fractal topping on August 2019 and the delayed purple fractal with a top in May 2020 right around Bitcoin's halving. Feel free to discuss if you agree or disagree!
Like this chart and follow us to get updates on this fractal analysis. Don't forget to share our idea with others while referencing our work.
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-2019 = TOTAL WEEKS
1 WEEK=$5.432
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Date Company Release Time Quarter Consensus Estimate Actual EPS Revenue Estimate Actual Revenue Actions
3/6/2019 Profire Energy (PFIE) Unknown Q4 2018 $230.04 $0.02 $11.73 million $10.61 million View Earnings Details
1/30/2019 Facebook (FB) Afternoon 12/31/2018 $2.18 $2.38 $16.40 billion $16.91 billion View Earnings Details
11/7/2018 Profire Energy (PFIE) Afternoon Q3 $2340.03 $0.03 $11.82 million $11.50 million View Earnings Details
10/30/2018 Facebook (FB) Afternoon 9/30/2018 $1.46 $1.76 $13.82 billion $13.73 billion View Earnings Details
8/8/2018 Profire Energy (PFIE) N/A Q2 2018 $0.03 $0.03 $11.07 million $11.34 million View Earnings Details
7/25/2018 Facebook (FB) Afternoon Q2 2018 $561.75 $1.74 $13.35 billion $13.23 billion View Earnings Details
5/9/2018 Profire Energy (PFIE) Afternoon Q1 2018 $3560.02 $0.04 $9.23 million $12.17 million View Earnings Details
4/25/2018 Facebook (FB) Afternoon Q1 2018 $3561.25 $1.69 $11.41 billion $11.97 billion View Earnings Details
3/7/2018 Profire Energy (PFIE) Unknown Q4 2017 $5780.01 $0.03 $8.54 million $10.95 million View Earnings Details
1/31/2018 Facebook (FB) Unknown Q4 2017 $781.96 $2.20 $12.58 billion $12.97 billion View Earnings Details
12/5/2017 FreeAgent (FREE) Morning S1 2018 N/A ($2.00) N/A $4.61 million View Earnings Details -
11/8/2017 Profire Energy (PFIE) Unknown Q3 2017 $890.03 $0.02 $9.50 million $10.05 million View Earnings Details
11/1/2017 Facebook (FB) Afternoon Q3 2017 $871.28 $1.59 $9.84 billion $10.33 billion View Earnings Details
8/9/2017 Profire Energy (PFIE) Unknown Q2 2017 $780.02 $0.03 $7.80 million $9.47 million View Earnings Details
7/26/2017 Facebook (FB) Afternoon Q2 2017 $461.13 $1.32 $9.19 billion $9.32 billion View Earnings Details
5/10/2017 Profire Energy (PFIE) Unknown Q1 2017 $3550.01 $0.01 N/A $7.82 million View Earnings Details
5/3/2017 Facebook (FB) Afternoon Q1 2017 $0.88 $351.04 $7.83 billion $8.03 billion View Earnings Details
3/9/2017 Profire Energy (PFIE) Unknown Q4 2016 $3560.01 $3560.01 $6.40 million $7.02 million View Earnings Details
2/1/2017 Facebook (FB) Afternoon Q416 $1.31 $1.41 $8.47 billion $8.81 billion View Earnings Details
11/2/2016 Facebook (FB) Afternoon Q316 $0.97 $1.09 $6.90 billion $7.00 billion View Earnings Details
8/10/2016 Profire Energy (PFIE) N/A Q2 2016 ($0.01) ($0.01) $5.10 million $3.97 million View Earnings
7/27/2016 Facebook (FB) Afternoon Q216 $0.82 $0.97 $6.00 billion $6.44 billion View Earnings Details
6/13/2016 Profire Energy (PFIE) N/A Q1 2016 $0.01 ($0.01) $7.15 million $4.54 million View Earnings Details
4/27/2016 Facebook (FB) Afternoon Q116 $0.62 $0.77 $5.25 billion $5.38 billion View Earnings Details
2/8/2016 Profire Energy (PFIE) Afternoon Q4 2015 $0.01 $0.01 $7.37 million $7.55 million View Earnings Details
1/27/2016 Facebook (FB) Afternoon Q415 $0.68 $0.79 $5.36 billion $5.84 billion View Earnings Details
11/9/2015 Profire Energy (PFIE) Afternoon Q3 2015 ($0.01) $0.01 $6.93 million $8.10 million View Earnings Details
11/4/2015 Facebook (FB) Afternoon Q315 $0.52 $0.57 $4.36 million $4.50 billion View Earnings Detail
7/29/2015 Facebook (FB) Afternoon Q215 $0.47 $0.50 $3.98 billion $4.04 million View Earnings Details
6/15/2015 Profire Energy (PFIE) N/A Q1 2015 ($0.01) ($0.01) $7.22 million $9.80 million View Earnings Details
4/22/2015 Facebook (FB) N/A Q115 $0.40 $0.42 $3.56 billion $3.54 billion View Earnings Detail
2/12/2015 Profire Energy (PFIE) Afternoon Q4 2014 $0.03 $0.04 $13.60 million $12.50 million View Earnings
10/30/2013 Facebook (FB) N/A $0.19 $0.25 $1.91 billion $2.02 billion View Earnings
10/30/2013 Facebook (FB) N/A $0.19 $0.25 $1.91 billion $2.02 billion View Earnings Details
10/30/2013 Facebook (FB) N/A Q3 2013 $0.13 $0.17 $1.89 billion $2.02 billion View Earnings
8/13/2013 Profire Energy (PFIE) Unknown Q2 2013 N/A $0.04 $4.09 million $7.18 million View Earnings Detail
7/24/2013 Facebook (FB) Afternoon Q2 2013 $0.09 $0.13 $1.62 billion $1.18 billion View Earnings Details
7/1/2013 Profire Energy (PFIE) Unknown Q1 2013 N/A $0.01 $3.84 million $5.29 million View Earnings Details
5/1/2013 Facebook (FB) Afternoon Q1 2013 $0.08 $0.09 $1.44 billion $1.46 billion View Earnings Details
2/14/2013 Profire Energy (PFIE) Unknown Q4 2012 $0.02 ($0.01) N/A N/A View Earnings Details
1/30/2013 Facebook (FB) Afternoon Q4 2012 $0.15 $0.17 $1.52 billion $1.59 billion
11/14/2012 Profire Energy (PFIE) Unknown Q3 2012 $0.03 $0.01 N/A N/A View Earnings Details
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(THESE ARE LOTS OF THE EXOTIC/MAJOR/MINOR MARKETS ON TOP SO YOU CAN CHECK THESE OUT IF YOU PLEASE THESE ARE JUST ANOTHER HELP & GUIDE FOR CHOOSING THE PREFERRED LOCATION/MARKET/DISTRICT/COMPANY)
U.S. DOLLAR / BRAZILIAN REAL
3.8812 0.61% 0.0236 3.8812 3.8825 3.9062 3.8570 Buy
USDCNH
U.S. DOLLAR / OFFSHORE CHINESE YUAN
6.70570 −0.30% −0.02000 6.70570 6.71310 6.73031 6.70397 Sell
USDCZK
U.S. DOLLAR / CZECH KORUNA
22.6630 −0.01% −0.0020 22.6630 22.6930 22.6630 22.6630 Sell
USDDKK
U.S. DOLLAR / DANISH KRONE
6.60675 −0.35% −0.02343 6.60675 6.60685 6.63144 6.59176 Sell
USDHKD
U.S. DOLLAR / HONG KONG DOLLAR
7.84150 −0.01% −0.00089 7.84150 7.84250 7.84239 7.84150 Sell
USDHRK
U.S. DOLLAR / CROATIAN KUNA
6.5648 −0.29% −0.0190 6.5648 6.5748 6.5847 6.5648 Sell
USDHUF
U.S. DOLLAR / HUNGARIAN FORINT
284.270 0.03% 0.090 284.270 284.470 284.270 284.270 Buy
USDINR
U.S. DOLLAR / INDIAN RUPEE
69.1800 0.20% 0.1400 69.1800 69.2300 69.3650 69.0275 Sell
USDMXN
U.S. DOLLAR / MEXICAN PESO
18.75050 −0.44% −0.08200 18.75050 18.75980 18.86810 18.74820 Sell
USDNOK
U.S. DOLLAR / NORWEGIAN KRONE
8.48800 −0.49% −0.04170 8.48800 8.48870 8.53490 8.48130 Sell
USDPLN
U.S. DOLLAR / POLISH ZLOTY
3.78470 0.03% 0.00130 3.78470 3.78970 3.78520 3.78340 Sell
USDRON
U.S. DOLLAR / ROMANIAN LEU
4.2079 0.00% 0.0000 4.2079 4.2129 4.2079 4.2079 Sell
USDRUB
U.S. DOLLAR / RUSSIAN RUBLE
64.3100 −0.03% −0.0174 64.3100 64.3200 64.3274 64.3100 Strong Sell
USDSAR
U.S. DOLLAR / SAUDI ARABIAN RIYAL
3.7501 0.00% 0.0000 3.7501 3.7506 3.7501 3.7501 Buy
USDSEK
U.S. DOLLAR / SWEDISH KRONA
9.26180 −0.27% −0.02499 9.26180 9.26760 9.29150 9.24530 Sell
USDSGD
U.S. DOLLAR / SINGAPORE DOLLAR
1.35239 0.00% 0.00000 1.35239 1.35339 1.35239 1.35239 Strong Sell
USDTHB
U.S. DOLLAR / THAI BAHT
31.730 −0.14% −0.045 31.730 31.780 31.730 31.730 Sell
USDTRY
U.S. DOLLAR / TURKISH LIRA
5.76980 0.03% 0.00180 5.76980 5.77080 5.76980 5.76800 Buy
USDZAR
U.S. DOLLAR / SOUTH AFRICAN RAND
13.94930 −0.38% −0.05300 13.94930 13.96430 14.10050 13.91100 Sell
EURCZK
EURO / CZECH KORUNA
25.5950 −0.05% −0.0120 25.5950 25.6190 25.6680 25.5950 Sell
EURDKK
EURO / DANISH KRONE
7.47553 0.00% 0.00000 7.47553 7.47633 7.47553 7.47553 Strong Buy
EURHKD
EURO / HONG KONG DOLLAR
8.8714 0.48% 0.0426 8.8714 8.8722 8.8811 8.8282 Buy
EURHUF
EURO / HUNGARIAN FORINT
320.820 −0.03% −0.090 320.820 321.820 320.950 320.820 Buy
EURMXN
EURO / MEXICAN PESO
21.2270 0.00% 0.0000 21.2270 21.2290 21.2270 21.2270 Sell
EURNOK
EURO / NORWEGIAN KRONE
9.60630 0.00% 0.00000 9.60630 9.61030 9.60630 9.60630 Sell
EURPLN
EURO / POLISH ZLOTY
4.27810 0.03% 0.00130 4.27810 4.28060 4.28500 4.27810 Sell
EURRON
EURO / ROMANIAN LEU
4.7664 0.26% 0.0124 4.7664 4.7684 4.7664 4.7540 Buy
EURRUB
EURO / RUSSIAN RUBLE
72.8360 0.23% 0.1644 72.8360 72.8560 72.9470 72.1550 Sell
EURSEK
EURO / SWEDISH KRONA
10.48835 0.00% 0.00000 10.48835 10.49235 10.48835 10.48835 Buy
EURSGD
EURO / SINGAPORE DOLLAR
1.5278 −0.22% −0.0033 1.5278 1.5290 1.5311 1.5278 Buy
EURTRY
EURO / TURKISH LIRA
6.52440 0.95% 0.06170 6.52440 6.52640 6.59270 6.45570 Strong Buy
EURZAR
EURO / SOUTH AFRICAN RAND
15.7859 0.19% 0.0304 15.7859 15.7939 15.9101 15.7291 Sell
GBPDKK
BRITISH POUND / DANISH KRONE
8.6350 0.00% 0.0000 8.6350 8.6360 8.6350 8.6350 Sell
GBPHKD
BRITISH POUND / HONG KONG DOLLAR
10.2530 0.16% 0.0160 10.2530 10.2570 10.2950 10.2370 Sell
GBPHUF
BRITISH POUND / HUNGARIAN FORINT
371.79 −0.31% −1.14 371.79 371.99 373.55 371.53 Buy
GBPNOK
BRITISH POUND / NORWEGIAN KRONE
11.1000 0.03% 0.0030 11.1000 11.1010 11.1000 11.0970 Sell
GBPPLN
BRITISH POUND / POLISH ZLOTY
4.9497 0.00% 0.0000 4.9497 4.9517 4.9497 4.9497 Sell
GBPRON
BRITISH POUND / ROMANIAN LEU
5.5057 −0.15% −0.0081 5.5057 5.5077 5.5188 5.4982 Sell
GBPSEK
BRITISH POUND / SWEDISH KRONA
12.1132 0.00% 0.0000 12.1132 12.1212 12.1132 12.1132 Sell
GBPSGD
BRITISH POUND / SINGAPORE DOLLAR
1.7678 0.00% 0.0000 1.7678 1.7702 1.7678 1.7678 Sell
GBPTRY
BRITISH POUND / TURKISH LIRA
7.5418 0.81% 0.0606 7.5418 7.5438 7.6184 7.4815 Strong Buy
GBPZAR
BRITISH POUND / SOUTH AFRICAN RAND
18.2087 −0.29% −0.0525 18.2087 18.2687 18.4114 18.1981 Sell
CHFDKK
SWISS FRANC / DANISH KRONE
6.5898 0.00% 0.0003 6.5898 6.5906 6.5898 6.5898 Sell
CHFHKD
SWISS FRANC / HONG KONG DOLLAR
7.8220 −0.04% −0.0035 7.8220 7.8228 7.8220 7.8220 Strong Sell
CHFHUF
SWISS FRANC / HUNGARIAN FORINT
283.70 −0.45% −1.27 283.70 283.90 285.21 283.64 Buy
CHFNOK
SWISS FRANC / NORWEGIAN KRONE
8.46960 0.01% 0.00050 8.46960 8.47040 8.46960 8.46960 Sell
CHFPLN
SWISS FRANC / POLISH ZLOTY
3.7763 −0.02% −0.0008 3.7763 3.7783 3.7772 3.7763 Strong Sell
CHFSEK
SWISS FRANC / SWEDISH KRONA
9.24710 0.00% 0.00040 9.24710 9.24790 9.24710 9.24710 Sell
CHFSGD
SWISS FRANC / SINGAPORE DOLLAR
1.3496 0.01% 0.0001 1.3496 1.3504 1.3496 1.3496 Sell
CHFTRY
SWISS FRANC / TURKISH LIRA
5.7551 0.74% 0.0423 5.7551 5.7571 5.8186 5.7172 Strong Buy
CHFZAR
SWISS FRANC / SOUTH AFRICAN RAND
13.9189 0.01% 0.0008 13.9189 13.9197 13.9189 13.9189 Sell
AUDHKD
AUSTRALIAN DOLLAR / HONG KONG DOLLAR
5.6218 0.62% 0.0348 5.6218 5.6258 5.6392 5.5832 Buy
AUDSGD
AUSTRALIAN DOLLAR / SINGAPORE DOLLAR
0.9681 −0.02% −0.0002 0.9681 0.9721 0.9681 0.9681 Buy
CADHKD
CANADIAN DOLLAR / HONG KONG DOLLAR
5.8882 0.07% 0.0044 5.8882 5.8906 5.8882 5.8882 Buy
CADSGD
CANADIAN DOLLAR / SINGAPORE DOLLAR
1.0137 −0.11% −0.0011 1.0137 1.0145 1.0148 1.0137 Sell
NZDHKD
NEW ZEALAND DOLLAR / HONG KONG DOLLAR
5.3054 0.58% 0.0305 5.3054 5.3078 5.3161 5.2686 Sell
NZDSGD
NEW ZEALAND DOLLAR / SINGAPORE DOLLAR
0.9146 0.26% 0.0024 0.9146 0.9162 0.9171 0.9116 Sell
HKDJPY
HONG KONG DOLLAR / JAPANESE YEN
14.2800 0.36% 0.0512 14.2800 14.2800 14.2924 14.2274 Strong Buy
MXNJPY
MEXICAN PESO / JAPANESE YEN
5.954 0.49% 0.029 5.954 5.994 5.977 5.925 Buy
NOKJPY
NORWEGIAN KRONE / JAPANESE YEN
13.183 0.83% 0.109 13.183 13.201 13.201 13.075 Buy
NOKSEK
NORWEGIAN KRONE / SWEDISH KRONA
1.0906 0.00% 0.0000 1.0906 1.0930 1.0906 1.0906 Buy
SEKJPY
SWEDISH KRONA / JAPANESE YEN
12.084 0.62% 0.074 12.084 12.092 12.099 12.015 Buy
SGDCHF
SINGAPORE DOLLAR / SWISS FRANC
0.7403 −0.01% −0.0001 0.7403 0.7411 0.7403 0.7403 Buy
SGDHKD
SINGAPORE DOLLAR / HONG KONG DOLLAR
5.8062 0.19% 0.0108 5.8062 5.8086 5.8062 5.8062 Buy
SGDJPY
SINGAPORE DOLLAR / JAPANESE YEN
82.800 0.60% 0.495 82.800 82.800 82.858 82.222 Strong Buy
TRYJPY
TURKISH LIRA / JAPANESE YEN
19.379 −0.28% −0.054 19.379 19.459 19.512 19.210 Sell
ZARJPY
SOUTH AFRICAN RAND / JAPANESE YEN
8.027 0.99% 0.079 8.027 8.035 8.053 7.932 Strong Buy
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•WORLD
75413 1286 324690
tntsunrise
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66670 1723 305026
Lavrov
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68671 1234 268288
alanmasters
•NIRVANA
70314 1149 22862
TomHall
•United Kingdom
33569 1760 223854
MagicPoopCannon
•United States
57023 612 205925
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35844 912 184678
Alexander_Nikitin
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16696 1586 162206
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#USDJPY, long and short in Week 15, remain bullish in Week 16?USDJPY moved as expected for the first half of Week 15, completing a 3 level bearish move. That move was quite fast as it completed in just half a week.
Following the completion of the bearish move, it then makes a bullish movement that took back the bearish move made during the first half of the week. What a strong bull we are seeing!
Traders who took short positions would have made a good profit, before getting out, and traders taking long trade would have made a good profit as well. Week 15 is indeed profitable for both sides of the market.
While a strong bull came in and made a new bullish level, the analysis pointed us to expect some form of consolidation before the price continues its upward trend.
For that matter, I am placing a neutral outlook for USDJPY as some form of consolidation is expected before the bullish upward move. In addition, it is quite a big range between the low and the high of bullish level 1, so being cautious and wait for a good entry to long might be the better option now.
If my analysis helped you in any way, I hope you can like and follow me on Tradingview! =)
#EURUSD, expected bull in Week 15, turning bearish in Week 16?EURUSD moved as expected from Week 15's analysis. It made a bullish move and break into bullish level 3 ending the week with a full bullish move.
Traders going long would be rewarded, however, short sellers who caught the dip in the middle of the week would be rewarded as well.
In this week's analysis, we see that the pair has gone up to bullish level 3, where potential reversal usually occurs. While it is still premature to say that a complete reversal shape has been formed, it pays to be prudent and avoid the pair till the next signal comes along.
So for the lack of any price pattern and just the fact that it is currently in bullish level 3, I am going to place a neutral outlook on EURUSD.
For traders who want to trade the EURUSD, it pays to monitor and look for long or short signals.
If my analysis helped you in any way, I hope you can like and follow me on TV! =)
#USDCHF, bullish in Week 15, bearish for Week 16?USDCHF continued its upwards movement in Week 15, dashing all dreams and hopes for traders with a short view of the pair (Including me).
I took a couple of losing trade with USDCHF and understand that it will no longer stay bearish and I exited with some losses. While the movement isn't earth-shattering, it is good to minimize floating losses.
The pair continued to break upwards to bullish level 4 and it formed a reversal pattern, H&S, which made this week's analysis a bearish one.
While the analysis showed a potential bearish move in Week 16, for traders taking short, it is good to set stop loss of some sort to prevent unexpected upward move again.
For Week 16, I am in line with the analysis to take a short view on USDCHF, thus I would be entering short again in stages.
If my analysis helped you in any way, I hope you can like and follow me on TV! =)
GBPUSD, ranging in Week 15, ready for Week 16GBPUSD did not make much of a move in Week 15, instead, it spent most of its time ranging. This is a perfect market for day traders and traders who go for 30 to pips each trade.
In Week 14, the analysis pointed GBPUSD to make a bullish move in Week 15, while it did rise a little, it is doing in a ranging fashion.
For all the long traders in Week 15, profits could be made. The same goes for short traders in Week 15.
Week 15 was generally less risky and had good opportunities for traders on both sides. In Week 15's analysis, it continues to point to the possibility of a bullish movement of the GBPUSD.
Since it is still at the same level as Week 15, I will continue to take a long position in Week 16, waiting for the bullish move to be made by GBPUSD.
I hope all traders continue to make a good profit in the coming Week 16!
If my analysis helped you in any way, I hope you can like and follow me on TV! =)
DOGE Price Prediction 2019Like the whole market around it, DOGE severely suffered from the crypto winter. After the recent outbreak on April 4, 2019, the price seems to be back for retesting the previous zone of resistance. It’s also worth noting that at the time of this review the price moves in a falling wedge, which is a bullish pattern.
Although the price seems to be stabilized at the moment, it may experience further decline to the ~0.0025 USD line one before bouncing. This is supported by the stoch RSI, which is in an overbought zone. On the other hand, the price it just corrected to the 0.618 level of Fib Retracement and it signals more confidence on the buying side.
On the daily SMA for 50 and 200 days are converging, which may lead to the formation of a golden cross in the near future that would boost the price higher. However, the price is still struggling to go through EMA for 12 days and the EWO is bearish. A major support may be found on EMA for 26 days, which is a current support zone. Stoch RSI just entered the oversold zone, but it may be there for a while. Overall the short-to-mid price perspectives for DOGE do not look very promising. Many sad!
Dogecoin Price Prediction for 2019. Is long-term growth possible?
DOGE is a quick player. Looking at its price history we can point out several times when it suddenly reversed with increased trading volume after a prolonged decline. For instance, that’s how it was in August 2014, Summer of 2015, and Summer of 2017.
It’s been more than a year since Bitcoin and altcoins set their ATH and they have been falling down before this April’s bounce. Along with the market, DOGE is trying to recover, but the technicals and the volume aren’t yet there to support the trend. To find out whether another big move is coming for Dogecoin, we need to zoom out and take a look at the entire altcoin market’s performance.
Like the traditional market, cryptocurrency one moves through the same boom & bust cycles, except for it does it much faster. There’s no surprise in the fact that phases of each cycle phases are getting longer with the time, as the market becomes bigger, therefore less easy to move. We’ve noticed that after each bubble’s burst the prices in crypto return reset the gains after a so-called ‘dead cat bounce’ before they enter the accumulation phase followed by a new cycle. It’s also worth noting that the last upward trend of 2017 and the beginning of the current one for DOGE has a lot in common. This comes to similarities in Relative Strength Index and timeframes.
Although timeframes of the crypto bubbles vary, we can make a projection based on the historical data. If we divide the DOGE graph into two parts: August 2014 - May 2015 & December 2018 - February 2019, we can find interesting similarities. After a quick rise within one month in both cases, there was an extended meltdown of the price. Hence, we can imply that the price action for DOGE after this February should resemble that of the period after May 2015.
Now, if our projection is correct, we can apply it to DOGE price history and calculate its price towards the end of 2019 more precisely. Considering that in August 2018 DOGE went as high as ~2.5x from its previous low, we can assume that we should see at least ~2.5x increase by December 2019, which is roughly 0.7 cents. Moreover, around September 2019 the price should establish a new ATH at about 5.5 cents considering the ratios.
ETHUSD LONG repeat situationI want to show you the rocket launch pattern. This foundation for rapid growth has already been in the past. Now, everything can happen again.
Do not forget to put a stop loss and then drag it closer to the price with the calculation of 5-10% of this value.
Do not forget about the diversification of risks.
If you have questions to me, always happy to answer write me a personal message.
Have a great day.
Tezos Price Perspectives for 2019On the daily timeframe, we can see that XTZ went as high as $1.16 at the end of March. However, there was not enough fuel to drive the price up, so it corrected and reached the bottom at $0.82, lower than the crucial line of resistance at $1.
Fortunately, the bulls managed to bring Tezos past SMA200 & SMA50 for several times on the hourly, but they are still struggling with going past the major level of resistance. In short-to-mid term perspective, Tezos looks relatively stable and possibly bullish. The price moves in a range between ~$0.9 and ~$1.1. At the same time, Bollinger bands have adjusted and Stoch RSI is still within its bounds, close to crossing. Considering the disposition of SMA 50 on daily near $0.9, the XTZ support is currently strong enough to keep the price from significant decline.
Tezos price is going past moving averages for 12 and 26 days, if it’s going to be held above these levels, this is a strong case for the bulls to proceed the previously marked high at ~$1.4. Further growth depends on whether the price will go higher than the downward trending line. Otherwise, XTZ will continue to go down, as the Elliot Wave Oscillator is bearish.
Since the beginning of 2019 Tezos has been moving within a price tunnel, which resulted in growth for more than 100% from $0.4 that started on March 16, 2019. However, this wasn’t due to the coin’s past performance, which was far from great in 2018. As the whole market rebounds, Tezos follows the pack.
Although like in the case with the majority of other altcoins, XTZ moves along with Bitcoin (except for it does to approximately 2 times faster), we can indicate crucial price levels to give you an outlook on what can happen to the price of Tezos if Bitcoin grows, falls, or keeps relatively stable.
On the weekly chart, we see that Tezos seem to have bottomed at around $0.4, which is also close to the levels of initial listing in 2018. This represents strong support, which can hold XTZ from moving lower in case Bitcoin experiences another slump or surge.
On the other hand, if Bitcoin continues to slowly ascend or keeps moving within a narrow price range, Tezos might go up to its key zones of resistance. The first zone is between $1.1 and $1.45, which is followed by a choppy zone until $2.5. The next major resistance is on $5.5, and then there is a low-volume zone with the ATH on ~$12. In order to go higher by the end of 2019.
Tezos will need the blend of Bitcoin’s relative stability, strong bullish indicators and hot news about fundamental improvements. Currently, there is not enough momentum for significant growth, MACD is rising, but it’s not yet positive and RSI is neutral on the weekly timeframe.
GBPUSD, ranging for week 14, expected rise in Week 15GBPUSD moved into bullish level 1 in Week 14, however, it went back down to create a new low for the bullish level 1 towards the end of Week 14, which would have flushed all the profit that long traders made early in Week 14.
Week 14 would be a good week for traders who take both long and short positions, largely the day and swing traders. The moves are quite substantial with each rise and drop about 150 pips.
I believe many traders would have profited from the range of GBPUSD in Week 14.
In Week 15, I would be going in long, and looking for GBPUSD to rise up to a bullish level 3!
I hope all traders will continue to have a profitable week. Please like and follow if my analysis helped you!
EURUSD, Ranging in Week 14, lets rise in Week 15.EURUSD largely contained itself within the range in Week 14. Even though in Week 14, we expected it to drop, which it did, however, it went back up to the range at the end of the week.
Traders who went short would have netted some profit, traders who went long in the middle of the week will be in profit as well. In Week 14, both long and short traders can be profitable.
In the analysis, it shows that the price has gone up to a bullish level 1, and we are expecting the price to continue its movement upwards. The NFP on Friday was not earth-shaking as the price still went back to the range after the initial move.
For Week 15, I will be going in for a long and would be expecting a big bullish move in Week 15.
I hope all traders will continue to have a profitable week. Please like and follow if my analysis helped you!
USDCHF, no reset in Week 14, what to expect in Week 15?In Week 13, we expected the pair to make a Trend Reset and have an outlook of neutral/bearish. However, in Week 14, the pair made a sharp rise and moved to a bullish level 3 zone.
Personally, I did not engage USDCHF in week 14, because I am unsure of the general trend, so even if I take a side, I might not be able to have a reasonable conclusion of the pair.
USDCHF did not make much of a move even though it went on to create a bullish level 3. Traders shorting the pair might incur some losses and traders who long the pair would be able to net some profit with some big swing at bullish level 3 zone.
From the analysis, it seems like a reversal pattern has been formed with a double top lying in the bullish level 3 zone. I will be looking out for a short opportunity in Week 15.
I hope all traders will continue to have a profitable week. Please like and follow if my analysis helped you!
USDJPY, straight rise week 14, looking for change in week 15USDJPY made an unapologetic bullish move for the whole of week 14. Traders like me who are looking for short and have entered short for the pair would like to suffer a bad week if no change in outlook.
The analysis showed a strong upward movement in Week 14, however, it is also showing the pair has overextended the move. Currently, we are seeing 7 levels of rise and JPY pairs usually have extended move as compared to other pairs. (We can count it as 6 levels).
The extended move usually throws a lucrative signal for reversal trades but would have ended up a false reversal pattern. I am definitely one of those traders being caught by the extended movement of the pair.
The analysis would be now pointing towards a bearish week for Week 15, which I will be monitoring and take a short position if signals are available.
I hope all traders will continue to have a profitable week. Please like and follow if my analysis helped you!
Bitcoin has NOT bottomed. Proof? IMPORTANTWhen drawing fractals you need to consider every section, not just the bear market duration of the last blowoff.
The last blowoff timeframe is not applicable to the bear market now because the duration and intensity of the previous bull run was NOT the same as the 2017 bull run.
The fractal must be adjusted appropriately for a maturing market moving forward as a new long term logirithmic trend line, more matured, begins.