Hello Traders, I have noticed GOLD has been bouncing UP & Down 1475-1515 area from October 3 till October 30 Thank you!
Chart says all; a few salients: Long Trend: The entire movement of late 90's up to 2009 was a giant Zig-Zag correction of the 90's Bull Market. The 2000 dot-com bubble burst provoked a mighty B wave lasting several years, that ultimately culminated in the 2008/09 crash, when prices fell below 2000 levels in a great 'h'. The current cycle began 09 March 2009 with...
Hello Traders, GBPAUD continues to trade within the daily uptrend, however the market has consolidated at the top of the trend amid Brexit uncertainty. On the shorter term, the chart is posting lower highs and equal lows. We are expecting a bearish breakout from this consolidation area. Good luck and trade safely!
Hello Traders, USDMXN has been trading nicely with patterns In the recent weeks it has been pulling but towards the Higher Low Support zone and technically is now on the optimal long term buy level. A 2 year long RSI figure also suggests a buy near 40.000. We are taking this opportunity to go long with TP = 19.48600. Comments and likes are greatly...
I think if this is a valid Elliot Wave then we should still be in Wave 3, with price possibly reaching 79.00 area. Also it appears there is a Head and Shoulders pattern, which would signify a trend reversal. I'm posting this trade for my records to keep track of my Elliot Wave ideas. If you see a problem with this trade please leave a comment! Thanks!
hey fans EURUSD Correction is going to end .take another entry to take some more profit :) have a good Trading
Posting this trade for my records as I am currently working on studying Elliot Wave. I think AU may rise from here since it appears we are approaching the end of the 4th wave. I think 5th wave will go until it hits the .692 area, after that it could begin ABC retracement. Let me know what you think, I appreciate constructive criticism.
Hi Traders! Today we look at EOS / USD. The last hours have been marked by declines on Bitcoin and the entire market . The decrease also affected EOS. But what can we expect in the future? Again, we have a basic bullish and bearish scenario. Bullish scenario In this case, the entire correction would have been completed. The graph clearly shows the finished 5...
Waiting for the bear flag to complete and drop. Will be looking to buy around the 50 - 51 area.
NASDAQ:FB is a STRONG SELL. Facebook is experiencing Wave Failure with a failed 5th Wave. NASDAQ:FB only makes money because you/we let them take our data for free. Thesis: Users take control over their data; ending Facebook as we know it. Target: $50 MySpace? See related idea for further analysis.
this is a triangle pattern after completing the 'd' wave, just buy it in the correction wave (e)
It seems XAUUSD and other gold pairs can move much higher and form daily/weekly up swing. Therefore, I look to buy inside day reversals as long 4 hour candles keep closing above the 1500 zone ( marked on the chart ). Also daily pivot point could not reverse price down again = immediate bullish indication. keep adding buys with the trend and make hundreds of...
I thing we dropping to 52-49 after we hit 55-56
Hi Traders! Today we will look a bit unconventionally on the capitalization of altcoins. We know that many beginners also read these articles, so let's first say what capitalization of altcoins is? Altcoins are all coins except Bitcoin. Altcoin capitalization means how much money is allocated in all coins except Bitcoin. The difference between total...
See my related post on SPY. It's a Butterfly pattern. Current price is retesting the breakdown TL. I am short this index at 2900. The wedge grows narrow, rapidly tightening. Break imminent IMO. Won't be a good time to buy long until Butterfly completes. Expected termination of CD Leg around 2720-2740, by Monday 28 October. Go long after price break completes for...
BTCUSD has just had another fall from yearly all time highs, looking for a move to 6500 area soon enough. Price has completed 5 waves up and is in the process of correction. Support/ Resistance areas have been determined by Fibonacci. I expect to close short at 7880. Future updates are on the way, stay tuned! :D
hey dudes i posted this to check if this can happen .....What are your analysis :)