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Correctionwave

CME Gaps and BTC Correction?!!!There are two new CME gaps and BTC appears to be finishing the fifth impulse wave before an ABC correction. This makes sense since the correction would fill both CME gaps (BTC like to fill CME gaps pretty quickly after they are made before taking off again). If there is a strong rejection around were we are now I will consider an ABC correction is in play at which point, if it is validated, BTFD! Thanks friends, and before you go please smash the like and follow if you are not already doing so. NOT FINANCIAL ADVICE. I AM NOT A FINANCIAL ADVISER. I CAN BE A FREAKING MONKEY AT A ZOO THAT LEARNED HOW TO TYPE FOR ALL YOU KNOW, LOL. SO DON'T FORGET, ALWAYS, ALWAYS, ALWAYS DO YOUR OWN RESEARCH!
CME:BTC1!
by UnknownUnicorn2239932
ORBEX: Gold Impulsive Upside Could Lead to Triple Combo!Gold's upside move could end shortly, forming an intervening wave x that could be followed by either an ending zig-zag or an ending triangle pattern. The successful correction could turn the current structure into a triple combination! Look for potential invalidation above 1519/oz. Trade safe Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
FX_IDC:XAUUSDShort
by Orbex
2
BTC up or down, many perspective, so annoying, GOLD INSTEAD!!!we could see everyone is posting BTC up or down with so many different perspective it causes confusion to traders Gold is on the upside movement, currently in heavy sideway moment (correction wave 3 of elliot wave) buy on dip... place your own money management stay update to fundamental pay attention to chart pattern DON'T trade rashly but think what is the best for you guys dis is not a signal, just my own opinion based on current movement and pattern
OANDA:XAUUSDLong
by andrewlimanto77
SPX OVernight Top in Place? Lower before Higher; Correction Inc!Chart says all. Been shorting too soon as usual, but the 7-wave Triple combo is a rare and confusing pattern. Overnight ES futurez tapped the intersection of long-term TL and near-term TL in this wedge; they converged at 3056. China says they were just kidding and wont get serious with the Great Donald, such a big surprise! Expect to fill the gaps from past weeks, get support around 295 on SPY and bulls may try again for the 9th wave. A real Bearish Correction can start anytime; but seasonally Feb-March would be a likely scenario with trade and election worries looming. On Wednesday 60% of trading was selling, only 40% buying to reach new ATH; RUT and DJT diverged, Transports just got killed; these are leading indicators. Broader market is not in step with the indexes, which advance on progressively smaller volume and fewer issues with each successive bull wave. VIX is sub-13 again and in a compressing wedge, expect a big pop in volatility very soon! Play the VIX with UVXY calls if you dare! This is an idea and does not in any way constitute investment advice- trade at your own risk! GLTA!
CME_MINI:ESZ2019Short
by DaddySawbucks
37
ORBEX: CADCHF - Primary C Expected to End Near 0.7950!It looks like the corrective wave (2) of the bullish minor degree has ended at 0.7434 with an open complex w,x,y minute pattern. The recent upside looks impulsive (awe could expect a more complex pattern with a flat likely to appear) and fresh highs could be expected once a valid breakout of minor 1 top is seen. In the short-term, we could receive a deeper pullback before continuing higher to take out minute wave ( iii ) near 0.77 round level. Or, we could get there first and then receive a pullback for a retest of minor 1 top. Minor wave 3 is expected to end near 0.7764 and as part of the intermediate impulse to the upside, minor 5 has a medium-term potential near 1.79. Intermediate wave 5 is part of the A,B,C primary correction (A: 0.7958, B: 0.7222) This opportunity would be invalidated below 0.7350. A break below 0.7430 would be an early sign of invalidation! Stavros Tousios Head of Investment Research Orbex
Long
by Orbex
GOLD: Swingtrade-Opportunity#SELL S/H/SHey tradomaniacs, welcome to another free signal of WEEK 38 Nr. 11 How to trade: We need to wait for the market to trigger the S/H/S-Pattern. Wait for the break below the neckline and sell the rejection. Type: Swingtrade Sell here: 1487,68 Stop-Loss: 1514 Target 1: 1445,73 Target 2: 1419,66 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:GOLDShort
by Trading2ez
EUR/CHF: Swingtrade-Opportunity#Buy on H1Hey tradomaniacs, welcome to another free signal! Important: Wait for the break above previous high and place a Buy-Limit. ----------------------------- Type: Swingtrade Buy-Limit: 1,09555 Stop-Loss: 1,09230 Target 1: 1,09866 Target 2: 1,10163 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
2
AUDCHF 7/9/2019 Similar AUD structures. I am playing off the wick on the right from Jan. If CHF continues to get strong price can exceed to a full fib extension before a rise. I see it has already finished a harmonic cycle and could now be entering an ABC retest and trend continuation into a new HIGH price but below the 800 MA. Price has broken out off the bottom of the angular range and just above the 127 fib ext. on a new impulse wave after the correction we had from .72 to .67 it didnt take long for price to get this far down. It would be a nice ride back up if Aussie continues some quarterly strength I hope you enjoy this idea. I am already in from the reversal at .6835 with a tight break even stop loss. I have pulled half my profits out of the market already and awaiting TP zone.
Long
by AschraM
2
Time to risk a long on Litecoin?As my followers know, I've been following alts pretty closely. Many alts have been following the same pattern to the bitcoin pair, with one downward sloping trendline connecting the wicks of the lows from the last week or so. This tells me that a lot of alts are finding support, and possibly even preparing for the fabled ALT SEASON. However, Litecoin is quite interesting to me, because the formation is a little different and just has one big wick down to touch the line, rather than a longer consolidation (see ETH chart, or my LINK analysis). Zooming out, it seems like the beginning of a big 12345 structure, and since we bounced quite heavily off this trendline, I would risk a little of my capital to long the forth wave. I chose a conservative fib level as a target, but could bounce a little higher to the 0.618. We also have a nice MACD cross on the 1 hour, so that's a pretty strong signal to buy. (click and drag on price bar to scroll on chart) Please don't forget to leave a like!
Long
by Etch1234
probably 500-700 correction incoming, but bounce afterwardsHi i'm new here and I've been following crypto for a long time, overall I'm fairly bullish in the upcoming months, and I think we will see struggles here and there. Fidelity is opening a lot of peoples eyes that this could be a first step into "mass adoption", and I think we all love to see those big hitters taking the risks and putting it on their own shoulder before we put it on our own. Truth is though is that a lot of small businesses are already accepting bitcoin, and other alt coins as payment just do your own research. Mass adoption will take place within this year, of course governments will do their best to hold the flood gates back because they are trying to protect their own dollar, but they only hurt themselves by disabling their country from not allowing it in. accumulate now and get in, because we goin' big.
BITFINEX:BTCUSDLong
by RsiWolf
1
USD/CHF:Swing-Setup! A nice OPPORTUNITY after this BREAKOUT!Hey tradomaniacs, welcome to another free signal! Important: We could break above the resistance again and retest 0,98! If we bounce of the yellow resistance it`s time to SELL! ----------------------------- Type: Swingtrade Sell-Limit: 0,97584 Stop-Loss: 0,98251 Target-Zone 1: 0,965 - 0,96163 Target 2: 0,95390 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez