Rising Wedge Breakout on GBPJPY. A Perfect Sell Entry.Hello my fellow traders, hope you'll making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. The pair did breakout from its rising wedge and took a reverse after hitting its resistance zone. As far our analysis, one can take take a sell signal while keeping TP at 132.000
Let us know your views on this in the comment section. Thank you all.
There is a good news for our followers. We will be doing analysis on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
Brokers
SCAM idea from borker??Apparently I received a call from a broker today who insited on me buying this CDE stock at 3.48 USD (price they expect to get during today's session).
This company is supposed to have just signed an important contract that will make the price go to 5 or even 6 USD within 3 months. Maximum loss they expect is 15%.
Apparently more than 30 analysts from this company agreed that the stock can only go up. No doubts.
The whole thing sounded so much like The Wolf of Wall Street movie so I just decided to listen to what he had to say for fun. I would never put money over the phone under these circumstances so I decided to test his idea here instead.
Profit 1 at 5.00 USD
Profit 2 at 6.00 USD
Stop Loss at 2.95
Deadline: 3 months
Let's see how bad of a scam it was!
EURHUF Short BiasHello everyone!
This is eurhuf update. Recently when we suppose to post this idea. the price was nearly that daily cp of supply but that is now declined and rejected.
Eurhuf just over bought and confirming the h4 supply level nested in the daily and weekly supply area. So in shortly we may see a good drop.
Happy Trading
0x/Bitcoin (ZRXBTC) Broker Burns up?0x/Bitcoin (ZRXBTC) 4-Hour Bars, Normal Scaling, 06/24/18, Written 12:35 a.m. EST, by Mike Mansfield
Hi trader friends, we have 0x Protocol under an Andrews 0.618 support line & the Fibonacci 0.618 retracement, with only 3 of 5 waves completed on the downside, so there should be a bit more to come. After the expected low, larger bounce is due, preferably from a bit lower at 0.000008585 area, where I show a green arrow turning up. But, this broker/exchange technology is not catching fire lately, while Bianance has been killing it (see past recos).
ELLIOTT WAVES: CORRECTION or IMPULSE?:
This looks more like a giant correction down. Here’s why:
Angular momentum down on Wave (A) is steeper than the angular momentum down on Wave (C), at least thus far.
Even Wave 3 of (A) is steeper than Wave 3 of Wave (C).
Therefore, Wave (C) is LESS likely to be an Impulse wave. Instead, we are likely in a Wave (C) correction.
CYCLES:
Red cycle in trough phase, with actual trough on 06/20/18. Blue cycle is still heading down.
This often means a big bounce is due, but maybe not a new uptrend yet. Price is more important than time.
Red cycle tops again on 08/08/19, so you'll likely want to be out of any longs before that.
Blue cycle bottoms in early October, 2018, along with some other large cycles in BTC.
DIVERGENCE:
Both RSI(9) and MACD have bullish divergence suggesting the low is getting near.
TARGET UP:
Upside bounce target is the prior Wave IV area, likely launch from the next Andrews Pitchfork and FIBO intersect line, both shown by the green arrows.
BOTTOM LINE:
Possible short-term tradeable low coming. There should be another short sale opportunity, at the prior Wave 4 horizontal black line area, after the expected big bounce.
Have a great week!
DISCLOSURE:
This analysis is meant for educational purposes only. You trade at your own risk!
Cheers!
Michael Mansfield CIO
OMGBTC (OMISEGO Token) Ready, Set…………..!OMGBTC (OMISEGO Token) 05/26/18, 8:15 PM EST, by Mike Mansfield
Good evening, trader friends! Thanks for stopping by. No, no, no, I am not here to wrangle a thumbs up from you on this one. However, if you just love any of the other forecasts, feel free to like away! ;-)
OMISEGO sounds a bit like what “oh my gosh” would be in another language.
Perhaps you can relate to the following statement: "Sometimes I literally “know” what an outcome of a chart will be with a high degree of clarity, probability, and ultimately accuracy." However, this is not one of those times. I can rationally make the case for several outcomes. That is not something I love….but since someone asked for this, I’ll map out the 3 patterns and their likely paths and change of trend times and price areas to watch for.
BOTTOM LINE: UG! We have patterns within patterns, but the cycles look good!
Pattern-1 is long-term neutral:
Large triangle wedge pattern (lime green and dark red lines) may be forming. If correct, it is unfinished and will have at least one, possibly two, more legs down toward the red long-term support trend trend-line, before we can say for sure if the pattern will resolve to the upside and moonshot, or tank into crypto oblivion.
Pattern-2 is medium-term bearish. Maybe:
Bearish rising wedge (cyan blue trend-lines) lines are converging in an upward direction. But it’s not super perfect pattern, as they sometimes look. Rising wedges typically resolves to the downside in a significant way. Moreover, OMG broke the lower support line at the recent May 23 low, which likely means eventually lower prices.
Pattern-3 is short-term bullish:
Falling wedge (yellow downward trend-lines) is short-term bullish and no matter what,
a cyclical bounce is due now based on the two quite accurate cycles thus far.
CYCLES:
Two nicely aligning cycles lows are nesting now (making a low). OMG should have a tradable rally to the green downtrend line.
Green cycle moving up and due to peak June 18,
Green cycle bottoms again July 15th.
Pink cycle is also moving up. Both the pink and green cycle are both due to top around August 10 also, =/- 2 days.
INDICATORS:
Klinger Volume Force is in a wedge. It also supports the idea that the eventual breakout, up or down, should be big.
MACD is rounding in line with cycle lows due any day now.
SUMMARY:
Short-term pattern and cyclical are bullish for a bounce, or more, perhaps until mid June.
Then, another selloff back to the lower cyan support trend-line, in alignment with the cycle low of the shorter-term green cycle, while the larger pink cycle is
moving up.
OMG with then either breakout the upside in line with the pink cycle moving up until about August 10th, while the pink longer-term cycle is also moving up and
blast off.
If the breakout does not happen by the peak of the Pink cycle (Aug 10th), then OMG is very bearish, and the bigger triangle/wedge will likely end badly for OMG.
If OMG breaks out to the upside between now and June 18th, then it might retest the breakout line or pullback around July 15th then have a cyclical peak
August 10th +/- 2 days.
POTENTIAL TRADE:
Consider looking for a short-term cyclical long trade. Lower risk area could be at the first higher swing low once a 34-50 bar EMA
average (or something better) turns up and price is also closing above the average. If The trade doesn't move nicely after the first or second pullback on a 240 minute chart, then the outlooks would be quite bearish short-term and long-term.
DISCLOSURE:
This analysis is meant for educational purposes only. You trade at your own risk!
Cheers!
Michael Mansfield CIO
BTCUSD Short Analysis from Ec Holding GroupThe prices has reached our support line of $10,787. We have set a firts and second Target of $ 10,200- $ 10,500. If you graphic confirms this support and breaks we will set our second target at $9,400 for 48 hour period.
BTC has also reached our $6,000 support line from firts week of February. This event may trigger another considered drop. Be alert in this behavior for the next 24 hours
Genesis Vision (GVT), A Green Vision for 2018LONG trade.
Textbook Cup & Handle on 4H/6H/12H/1D.
Volume checks out.
* Regular updates: github.com
* Only 4.4M coins and still under the radar: coinmarketcap.com
* Busy roadmap up until 2020: genesis.vision
* On the team, developers from St. Petersburg Exchange and CEO of Tools for Brokers with over 300 brokers as clients: t4b.com
* Great community on telegram (no meme-fest or moonkids): t.me
* Trading tournament coming up January 2018, syncs perfectly with the chart.
* BTC-icon Charlie Shrem on the advisors team.
* Aims to attract the whole MetaTrader-scene: $$$
* Added to Binance just after ICO, which in my mind tends to add only quality coins
* Holds amazingly well regardless of BTC-movements
THIS IS NOT IN ANY WAY SHAPE OR FORM TRADING ADVICE!!!
ALWAYS DO YOUR OWN RESEARCH
Golden heights - XAUUSD The future, predictedAfter the birth into a brand new not so shiny market, I can happily say a vast majority of our active clients listened well and entered into XUAUSD positions with our platform www.STBinary.com
Moving forwards we will see no doubt a large accumalitive growth pattern with GOLD. Uncertainty is king remember. Trade re-negotiation deals are coming. Scottish and Irish referendums are coming. German French and Spanish changes are coming.
A brave new world indeed - If you want to change your life with trading gains, or simply wish to find out more please do get in touch. Sharing opinions and servicing clients is what we do ;)