Hi there, DXY is about to complete the bearish wave the wave we were looking for on 4hr time frame for downside. Big players are getting ready for reversal on USD for 2018. Last week closed strong bearish on DXY and strong Bullish on EURUSD. We believe that DXY and EUR will not go far away as they have already moved a lot so reversal is on the card very soon if...
#BTC 3d If we consider variants of similar fractals, then looking at the BTC chart starting from 2013, you can see that there is a chance to repeat the move in the yellow rectangle. This scenario was published as early as April 22nd, and by the current moment the market follows this analysis.
#BTC On a close examination, it is possible that the price of Bitcoin remains within the levels of Fib 0.618-0.786. Now we can very long oscillate around the level of 8200 and below, forming a flat (lateral movement). But against this background, the lion's share of the alts should show positive trading opportunities, the quieter the BTC movements, the more...
Pattern and volume indicating gaining strenght of bull side.
EURUSD is forming trianggle, now we predicted the wave C of trianggle was ended. There formed ABCD pattern also. I recommend to open buy now @ 1.1588 with invalidation if break lower line trianggle.
AU looks like it wants to make a flat pattern and break the high. Keep in mind all the fibonacci lines up right below where it is coming off so it can make one more small move down to the 78% fib.
There is nothing that look good about the BCH/BTC chart. Technically the MACD and sRSI have buy signals, but I am still waiting on lower prices, or a confirmed reversal to open a trade on this one. I am watching it for an opportunity to trade, but I do not see one yet. Sure this might be the bottom, but I would rather wait and know it is before opening a...
GBPNZD running flat appears to be done and coiled to move higher but time will tell.
Right time to waiting for...flat now.
I am rethinking my strategy and targets ( ) as volume has been disappointing. we can see that 6300$ is a very tough resistance to break. We had 2 wicks through it but never closed above it. why 6300 region is tough barrier to break: - Tenkan 1D - Kijun 12H - 0.5 fib retrace why 6300 might break: - have been poked 5 times in 1H, which makes it weaker - 12H...
It seems that AUDCAD has formed a potential bullish structure: Wave (1) or (A) is a 5-waves impulse subsequent Wave (2) or (B) is a 3-waves corrective 'flat' and it has retraced approx. 61.8% of wave (1) or (A) that is also near the end of sub wave 4 of (1) or (A) If the above assumption is correct, a push above 0.97899 could be an early indication...
UJ is looking very corrective this wave and appearing like it wants to make a larger correction. I'm looking for it to do one more little push up, but am not interested in the buy at this time. Looking for the sell. As I said in my weekly outlook, looking for it to make a correction. There is the possibility for it to even do one more down to break the low on the...
following thi pair part by part ; now i see that's forming a real classic correction .. i think this is the end of the X wave .. waiting for the 3th and the last coorectiv wave to buy it
I believe that we are still finishing out the flat and should soon see an increase in volume in the market, pushing us up through resistances, making retail investors/traders believe that the bear market is finished. They will begin fomoing further pushing the prices up triggering stop losses and giving break out traders the signal they are waiting for to hop in...
I see that GBPUSD has been in quite a strong uptrend for some time now and has began correcting. I have labelled the correction as a zig-zag followed by a flat. It does have the potential to become a more complex correction, however, it is looking upside regardless if it continues correcting or resumes the uptrend. I have drawn out how I see the flat to have...
Big fialed flat has been ended. If the trendline in RSI croses, price fall down with selloff.