It's finally happening. USDJPY (UJ) is going to drop into the Abyss and EURUSD (EU) will therefore rocket into the sky and perhaps beyond. See my writing style footnote below if the first line somehow bothers you. Not much time before it starts (maybe it already is) but you will have plenty of time to trade both symbols because I predict EU to start a bull run...
My last video comparing the 2013-2014 Daily cloud to the current 3Day cloud showed a potential run up to the 13.6 range if the path stayed valid. It did not! Here is my current analysis and why I am sticking to the current Daily, as well as much shorter timeframe clouds for signals.
EURUSD went into a rally late December which continued in January as expected and hit resistance on January 25 UTC. Its strong momentum and the speed at which it was punching through each price level let one think that resistance at 1.25 would break. The first hit on January the 25th UTC was actually already a triple top on it's own, if viewed on the 5m time...
The bounce has happened in the very intersection of the correction and long term trend lines , see my previous idea to see that I haven't moved the trend lines I draw. Someone has bought in the very dips. Maybe banks, companies, hedge funds realised they were outside the game, pressed their governments to announce regulatory news that will never carried,...
Bitcoin Cash is fun. I like Bitcoin Cash and Bitcoin. There is an Alpha dog battle going on right now. On one hand: Lightning Network, when??? On the other hand: Scaling blocksize is just a BandAid, bro. The woes of tech turmoil between Bitcoin and Bitcoin Cash are interesting. More interesting, the rise of Monero, IOTA and Cardano, in my humble...
December 30 a typical stop hunt similar to earlier documented events is detected. Again at the end of the week and just before a drop is expected. The start of this event was easy to recognise because of the change of price action acceleration, speed and momentum. View the highlighted time range with 1 minute precision to best see the embedded whipsaw patterns...
After the shooting in Las Vegas, I've been researching and came across some posts on 4chan, which is know for trolling, breaking stories that end up being true, and a lot of advanced stuff that not even the cia can do. There was a poster by the name of John back in sep 10 he said that if you live in Las Vegas you may want to avoid large crowds cause special...
Technichals : Risign wedge coming to an end + daily MACD and RSI divergence (also confirmed in weekly). We need a breakdown of the wedge to confirm short. Entry: 1322 SL: 1390 Targets: 1230 (20%) - 1135 (60%) - 1030 (20%) Fundamentals same as last attempt: China crypto withdrawals frozen. They could be potentially about to be opened again. We'll have to...