UPDATE: Close call as expected with a tight stop loss. Sellers are pushing the prices down and believe EURJPY to continue to GATHER BEARISH strength. Professionally I added on to my trade as the price went higher in anticipation of a strong push down.
jpy has been weak but I don't expect pound to take out feb high without retesting the 1.53 area as a minimum
It will take some time, but shib will eventually move up again. Of course all coins will go up over time, its just in what manner we question. the Elliot wave principal suggest it will just repeat into infinity
In my opinion, the same thing could happen again as it did in May this year. What do you think?
Hi Traders! Technically the Market is in an Uptrend, because it is moving above the 200MA and also above the 50MA. But we can see the market is making lower lows. Key Areas: Resistance @ 1.26700 weak Resistance @ 1.25300 Support @ 1.22500 Parallel Channel 1, 2 (+ potential 3) - descending Trendline 1, 2 - ascending, supporting Category: -...
$RPAY -- whatever the fuck this company is... looks like its ready for reversal... hell the entire NASDAQ looks extremely toppy... im getting ready to short bigtime.
GBPUSD also went great. The price reached the resistance line and again fell to the support line. I expect another such repeated movement.
I guess 56 hours of non-stop analysis payed off in a form of followed 56 hours of pleasant observation, of how the forecast predicts with 95% precision all the price movements))) Now this is the time for the bulls to get into play. Probably on Monday, or even in the following 4-5 hours we will observe a huge price. A lot of confirmations kicked in, time to...
Hello Traders, I have already buy this currency pair in order to catch the movement to the upside. The structure looking good and strong for at least 100 pip movement on daily and also on 4H time frame. However my prediction is that GBP/AUD will reverse to the downside soon with head and shoulders pattern, but these is not a realistic trading idea. It's just a...
Hi, My third idea for Oil (and the worst of the three) is that we're in a zigzag (5-3-5) pattern for Wave-2. I decided to keep Wave-C above 50% retracement of the larger Wave-2, so that we could actually be in Wave-2 and be impulsive. Doesn't need to be the case. I don't care because I will be dead before Wave-3 in this case, haha. Something like 2080 before Wave-3.
Still think we have some fuel to reach 10 000$. But first waiting to break next TP levels: 8 200 $ 8 400 $ 8 800 $ Bullish/Bearish 60/40
ITS OVER BRO I SAID IN MY LAST ANALYSIS BITCOIN IS LOOKING EXTREMELY BEARISH AT THE TIME BUT IT JUST DOESNT MATTER!!!!!!!!!
Bart patterns and such a manipulation is going on, we may bounce back a bit and then go straight forward to 6600. In previous analysis we did not hit the support levels which was 30% chance, but going above 6360 as i mentioned with 6400 breakout (My sl tooked) This may change a game for a short time only.. Or we may see another bart thing on the 6600 ? I could...
Not expecting the third part of bart pattern, 6160 will be interesting level. But i think this end of bart pattern let us see below 6k usd. I give low chance to bounce back again to 6400 when we hit the support level at 6160-80 .
D1 + 4hr Bear OB + .705 OTE Resistance confluence. Paint the swing high then run the liquidity.
Seems the bullish momentum has been lost. We're back under the resistance line. Additionally, small rising wedge forming on 4hr.