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Bizlus

EURNZD Bullish Cypher? 260 pips We've probed this trade a bit when it didn't find 50EMA support - LONG CYPHER? Point B formed when price retraced XC and closed past 0.382 & closed before 0.618 Point C formed when price extended XC and closed past 1.272 but not beyond 1.414 We have a valid CYPHER if point retraced XC down to the 0.786 region, in which case... Limit order at at ~ NZD 1.70318 Stop loss at 100 pips ~ NZD 1.69304 264 pips as follows:- Take profit 1 at retracement of CD to 0.382 Take profit 2 at retracement of CD to 0.618 t > @bizlus
Long
by bizlus
2
TRON Respecting EMA20 Quite nicely TRXBTCWith lots news of TRON news about their Airdopping EC20 protocol and going head-on against Ethereum by launching their own blockchain and potential DApps, well what are WE waiting for? So far, there as been strong support from the EMA20. Adding fib for targets we see near targets at levels at 1011K (Entry), potential exits at 1317K (61.8% Fibonacci level) 1623K (50% Fibonacci level) Satoshis or HODL. Important TRON dates are just round the corner so it may be more exciting from here on ethereumworldnews.com t @bizlus
Long
by bizlus
1
GBPCAD, will the Blue Weekly Bearish BAT happen? GBPCAD seems to be warming up into bearish BAT. Note that this is on the weekly, and we're still looking out for the D formation on the BAT rules - see This means we're waiting to see if price goes up and form point D, then head back down for out pips. So will the blue BAT happen? The yellow fib shows what's formed now but to be a BAT it needs to be the blue fib. rXA = retracement of XA, eAB = extension of AB Point B (yellow fib) - rXA < 50% price must not close above 0.5 level and candle wick does not touch 68.8 Point C (green fib) - 68.8% < rAB < 88.6% i.e. price retraces and closes between 68.8 and 88.6 levels Point D (plum fib) - eAB must cross 161.8% The above is the gray BAT drawn below. If the gray BAT happens (that is price moves up to the pink fib and turns downwards), this move potentially has a cool 1291 pips at target 1 and 2087 pips to target 2 Sell at 1.90890, Take Profit 1 at 0.382, TP2 at 0.618 level Happy Trading! t @bizl
Short
by bizlus
4
Hey what is Stellar Lumens doing? The strength of the Lumen has been touted to Stellar's recent partnerships, which continues to grow and grow, most recently with IBM . XRP and XLM are still at each other's necks. Meanwhile, the 240 shows a good trend, can we ride it with the Fibonacci extension? Find entries / exit at retracements to significant levels - 0.886, 1.0, 1.272, 1.618 if it makes it that far this time round. The curve up is quite steep and using EMA's for support this looks like quite a strong ride up. t @bizlus
Long
by bizlus
1
Elliot Wave leg 4 breakout, Bullish Cypher? *Education ONLY - Do not trade half completed pattern formations! * Mixin n matching for pip collection Biased scenario: 1) You can see the Elliot leg 4 - 5 2) EMAs are in order - fast EMA20 above the slow EMA50 3) Fib AB retracement so far fits a cypher (yellow fib) AB = 0.38 < rXA < 0.68. That is AB retracement of XA is greater than .38 and less than .68 4) Candle bar setup bullish (hammers, continuations) ENTRY: Trading the last small candle, just above it ~ 1.94078 SL around .618 XA retracement TP around .786 retracement of AB(rAB - gray fib) (.786 rAB would be point alternative point C in case we see the yellow inner Gartley or BAT instead) .. for a cypher we'd expect C to sit well above point A Follow/Like: @bizlus Comment/Feedback Gift: BTC 14Ee3cGJLBdBN7PWRBwu3d41S3NVbqERRq ETH 0x8844032d9b0791fdfa6633e3768cfe1d6a767c88 LTC LQmkqNvv3JVfFpHQ32Wp6mdiBPpLLgmmmf
Long
by bizlus
1