EUR/USD – the next act? (3)Hello everyone,
still in plan!
Yes, wave 2 (purple in brackets) has strained our nerves, but I think EUR/USD is now good for the next 1-2 Setup. If I am right, sooner or later we will see courses above 1.20, so the potential is huge! Maybe the last chance to get in for this rise.
BUT: If the last low won’t hold, EUR/USD will collapse down to parity. So be careful now!
Please leave a comment or a message if you like!
Take care,
tgo
Entry
NAK showing a Bullish divergence All of this is speculative, do your own reasoning. Opinionated analysis.
Okay lets break this down.
GLD in general looks to be making a trend to the up. Obviously NAK would relate to that movement. (or could)
Now on the 4hr Chart I have plotted 2 dotted lines one on the Line graph and one on the RSI.
* a bearish price
* with bullish pressure
the Volume Flow Indicator has also seem to show a nice reversal cup in about a 1 year span.
A Long trade would seem in effect, target unidentified.
Happy trading!
WTI (CRUDEOIL) – Still good to go to 80+?Hello everyone,
Absolutely yes!
WTI has made it nearly exactly as predicted in my last analysis (please check link below).
BUT: WTI is at a sore point now. If WTI falls through 69$ and is breaking the trend channel on the downside, we have to face much deeper courses, as mentioned in my last analysis.
So, be careful now!
Take care
tgo
Bitcoin – boooring… same as two weeks ago…Hello everyone,
Even though or just because BTC is going nowhere since days, I expect a final sell-off as I explained it in my older analysis (please check links below).
I see only a very small chance for a direct break out (5%)! The problem is: we have to be patient, and this is something we all hate, am I right?
Sorry, but it’s the same chart as days ago, because there is no movement… besides sideways…
Please leave a comment or a message, if you have any questions!
Take care
tgo
Tron - does that work now?Hello everyone,
trx is going as planned through the chart, it seems.
Scenario 1 (green lines) – chance 70%
Trx has a good chance coming up to a new price-level. It seems that wave 2 (green) is completed at 0.020. If so, trx will go up forming the first significant 5-wave-structure to complete wave i. If that happens, it will be a very good sign for all investors to get in the market. We then will catch the bottom of wave ii. I will give an update then.
Scenario 2 (blue lines) – chance 20%
Wave 2 (green) is not completed yet. If so, a perfect level would be at 0.019. If this level doesn’t hold…
Scenario 3 (red line) – chance 10%
…will be more likely as it seems at the moment. If 0.019 and lately 0.016/0.015 will not hold, we will see much deeper courses, as I mentioned it in my older analysis (please check links below).
Please leave a comment or a message, if you have any questions!
Take care
tgo
BTC/USDT 3h - Levels & FractalsHere are a few key levels and trend lines for BTC. If we fall below our current support, you can expect a bounce at those levels. I've also included fractals (the dotted lines) to help identify levels gained and lost. You can also see where I've went long/short on past trades. Good Luck, and don't forget to set that Stop Loss!
ICX appears to be within an Ascending Triangle pattern.ICX/BTC appears to be within an ascending triangle pattern. This type of pattern is usually bullish. I've laid out a few scenario's of what I think will happen.
Scenario 1 (Green Arrow): ICX/BTC bounces off the sideways support (around 1000 sat's) and moves to the upside breaking through the top of the ascending triangle (around 1090 sat's), of which the target area would be around 1250-1300 sat's.
Scenario 2 (Yellow Arrow's): ICX/BTC bounces off the sideways support and moves to the top of the ascending triangle pattern before getting rejected again. It could then retest the sideways support a second time before moving up and breaking out of the top of the ascending triangle and then starting its move toward 1250-1300 sat's.
Scenario 3 (Red Arrow's): ICX/BTC fails to hold the sideways support and breaks to the downside. Additionally, it could successfully hold the current retest of the sideways support, move up to the top of the ascending triangle, get rejected, then fall back down to the sideways support line before eventually breaking through it to the downside. If this occurs, I will be watching 850 sat's as a possible area of reentry, and if that fails to hold, then 790-800 sat's. (790-800 sat's was the bottom we hit back in mid August, and was the springboard for it's move to around 1450 sat's in late August.)
RSI on the 4-hour is seeing a little movement downward, but it's fairly neutral otherwise. Daily RSI is neutral for the most part. MACD on the 4-hour did get a bearish crossover around 11 PM on October 3rd, indicating a potential for more short-term downside. Daily MACD got a bullish crossover around September 20th, and the Weekly MACD also got a bullish crossover around September 24th which could indicate upward movement on a larger time frame. To go along with that, Stochastic on the 4-hour is oversold, and could see a turn-around soon. Daily Stochastic got a bearish crossover today, but that might coincide with our retest of the sideways support line, so I'm not reading too much into it, especially with the 4-hour Stochastic oversold. As always, keep an eye on Bitcoin and it's price movements as well, since it can be a major influence on alt-coin movements.
Entry: 998-1015.
Target: 1250-1300.
Stop-loss: 955.
--This is not financial advice or financial recommendations. This is merely my opinion. Do your own research and come to your own conclusions before buying/investing. I am not liable for any losses incurred.
Where ETH is heading. Full Technical Analysis ETH Entry ExitETHEREUM PRICE ANALYSIS & TARGETS
---------------------------------
“Buy the Rumor and Sell the News"
“Buy when there's blood in the streets, even if the blood is your own."
Are you following above statements?
If not, please follow - that's what will make you a good trader.
Before we continue, keep in mind that ETH is 2nd in Marketcap.
Vitalik is SMART. He will be coming with huge updates and surprise.
ETH has touched 890 few months back, but at this price is GOLD, if you are holding for few months.
In case of ETH, when it bottomed to 167, i told everyone grab it, its the best price. In a matter of 10 days we got a whooping profit of 61%.
ETH currently moving in sideways from last 12 days with an avg. profit of 11%.
As on date ETH is surrounded by some negativity in media streams, I never focus on these news, because next day they will publish its opposite. Believe in FA of ETH. Its very strong and new updates are on way.
Ethereum’s core developers held another meeting, Aug. 31, to further discuss the world’s second-largest cryptocurrency network’s four-stage development plan–including additional details on the Constantinople hard fork and Casper.
Key points
ETH price above 61.8
Entry btw 200-204
Targets 232, 248, 255, 298, 337, 366
Stop Loss 195
RSI 51 is key level, if it breaks up - price will go high.
MACD we will see red over blue/green overlap.
Once you take entry make sure to book profit at current levels.
Now what if price goes up.
If price croses above 232 next targets will be 248, 255, 298, 337, 366
So keep an eye on RSI & MACD.
EMA 21 is acting as resistance, if we break its good.
If you liked this analysis, make sure you click like button and share with your friends and dont forget to follow me.
Take Care
Zia @open4profit
You may see little bit price drop to 204.
NEMUS Bioscience - Possible Entry for medical pain therapyNMUS
About: NEMUS Bioscience, Inc. ( NMUS ) , focused on the development of cannabinoid-based therapeutics to address global medical indications, especially those of unmet medical need.
Entry better on 4h / 1d vs 1w chart here and another CBD stock missed entry for self note.
Watching to see if breakout from current level. Future entry TBD. Watch out for random "cannabinoid" being said in your meetings today with TESLA. @pokethebear
I do not advocate THC use and consider the current opioid epidemic to be another on-ramp for alternative break-though medicine. Lipitor to Pfizer, Embrel to AMGEN? 10-1 baggers/3 yr focus. #pharmaindustry. 65% insider owned & no sells on record.
Combining Fibonacci with TDIUsing triple charts, TDI' Complementary Overlay, TDI' PRO and a basic entry rule we can make profitable trades possible.
Based on the condition of using an account with just under $5,000 trading account capital, with 1:500 leverage, with a deposit margin of ~$80, a single trade with lot size of 0.35
~ $310 Profit, 1 trade in one day
Third Chart use example
Ethereum – One last mile to go…?Hello everyone,
Since my last analysis about ETH, we saw version 2 pushing through (please check link below). It seems that the region between 188$ and 120$ is an important key-level (basement). From an Elliott-wave perspective I would think that the last wave 5 of 5 of Y of 2 isn’t completed yet, so we have eventually the last mile to go in front: 120$ as a perfect turning- and entrypoint.
BUT: if 120$ will not hold, eth will go down to about 80$ or even 50$. We should keep that in mind and assess this later on, when we have more information about the wave structure.
Take care,
tgo
Theory: Prev Chikou and Kijun PA can indicate SR levels*PA == price action
Circled POI:
* Past Chikou bounces
* Past Kijun
* Current Kijun as 50% Fib retracement
Thoughts? Thanks
Hmmmm just got alert for a green 2 trading over a green 1 on #ETLooks like we saw an aggressive 13 bout 7 days back, a completed Buy Setup on the 9 2 days back, cross on Fisher to signal bullish Price Flip day or two back, MACD preparing to converge, and pRSI coming above midway now into a bit oversold territory. Seems bullish to me, but we're not sure if this uptick across the Crypto-Verse is a solid movement or just a blip quite yet... We are trading into freshly switched to Resistance Kumo Cloud territory though... This would indicate potential downward pressure to suppress price, however this is the the type of situation were we could rise up and break through this resistance cloud like back in nov 2017, if we can get some positive steam coming into the market...
Short Trade FTSE100 - Test Ending Diagonal Looking at the Macro analysis in my last published idea, have been waiting for. good entry on the FTSE for the past couple of weeks. See above my idea.
Good R:R for this trade. I suspect we are currently experiencing wave c2 - I will be looking to catch the trip to the downside for wave 3/4/5 for a test of the lower bound of the diagonal.
Considering chart pattern, we have broken a bull pennant to the downside and this wave 2, in my mind, is the rested before markdown.
My stop loss has been placed at the point where my opinion is proved wrong and a recount will be required. Once my order is filled and price moves in my favour, I will move in my stop loss to increase R:R - then just let it play out.
Although I do see the FTSE being bearish over the coming months, that will change if I am stopped out the upside here.
For more in depth analysis - join me here - t.me or on twitter @Colgal92
BTC Enter and Exit Indicators These are a set of strong trading signals that can be used for entry and exit points. I have used Bitcoin as my example as it clearly shows strong entry and exit points. Please look at the graph and indicators carefully as it can be hard to follow.
The way it works is that a confirmation buy or sell signal happens when all 3 indicators cross over their respective boundary line. Once all 3 have crossed over or under their respective lines it almost always shows the direction of the new trend.
So breaking down the indicators:
Commodity Channel Index (CCI) Inputs: (75,OHLC/4)
Stochastic (Stoch) (20,3,3)
Chande Momentum Oscillator (8,OHLC/4)
(ChandeMO)
The conditions is that all 3 indicators must cross over their respective lines at the same time. For a Buy Signal:
1. ChandeMO must be below and is crossing above the 0 line
2. Stoch must be below the 25 line and has crossed above it
3. CCI must (should) be below the -100 line and cross above it
Buy security when all indicators have closed above the line
Sell Signal:
1. ChandeMo must be above the O line and has crossed below
2. Stoch must be above the 75 line and has crossed below
3. CCI must (should) be above the 100 line and cross below
Sell security when all indicators have closed below the line
In extremely volatile markets and securities, the indicators fail to be very reliable as can be seen with the earlier sell line (red line) for BTCUSD. This is not a definitive trading signal but is good entry and exit guide.
GOLD Long +3.35% Move 0.5 Fib Retrace playGold is sitting in a swing zone that was established firmly in May 2015 and has been a significant level ever since. I believe gold is at the tail end of this recent downswing, sitting on a significant level, and readying a retrace. My target is the 0.5 fib retrace of the most recent downswing: $1261.90. Gold also dipped into the oversold daily RSI twice in the last two weeks. I am not a fan of using RSI to dictate entry but this has been bullish for gold in the recent past.
Entry (8/8/18 close): $1221.0
Target (0.5 fib retrace of recent downswing): $1261.9
Stop Loss (Concise break of swing zone): $1189.3