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Murreymath

BITCOIN - LIGHTS OUT ! - The road to $14,000. Bitcoin was just dealt the most bearish chart pattern there is in my book : The upside flash. Huge move higher that has HFT written all over it, followed by a huge move downward, all in the span of a few hours. The FLASH. I have severely down graded BTC. We still bounce at $25,000 area, but we'll give it all back on the grinding road to $14,000. There are a few rescue moments that can occur in between, and I will map those out as I go. Sorry guys, better to know now that later right?
KRAKEN:BTCUSDShort
by Urbanmove
3
BTC UPDATE - DAY TRADE MODE This is in series of charts. Linked below. Its a long trend with a few brief layup shorts. You cant be afraid of the short. Its 1/3 of your gains. And keep you from doing a lot of stupid things. Like buying the wrong highs. When you look for shorts for profit, your a much better hodler. Ask yourself who do you know that would be shorting these highs? If you don't know anyone. You do now. These are safe shorts. The stops are simply 1/8th move higher than the entry. And under no circumstances above any of the most recent local highs. And rebuys are just a few volatile ticks back down. There are plenty of choppy waves coming for the next 2 weeks as we grind higher. Dont be afraid.
KRAKEN:BTCUSDLong
by Urbanmove
BTC MOVING TO $23,433- $25,000I believe the consolidation for BTC has ended. And she is ready to move higher sooner than later. I expect that with in the next 12 hrs we will be knocking on the door of all time highs. And in 24-48 hours be well into new ATH territory. Arrival at $21,880 will begin some initial resistance, and the overlapping topps of an Elliot wave 4 type triangular pattern. It may take about 1 week to work thru that period, with the old ATH giving us a nice floor of support , or re entries for day traders. Arriving 1-2 weeks later at $23,400 - $25,100 target. At which point I would be a temporary seller.
KRAKEN:BTCUSDLong
by Urbanmove
1
SP500 Technical Overview and Trade OpportunitiesTools and Calculations used in this analysis: - Fibonacci Retracement - Harmonic Readings - Spearman's Rank Correlation - Murrey Math Calculations / Fibonacci Gann - Chart Patterns - Fractals 1. MM4/8 H1 MM6/8 H4 - Key Resistance and Reversals in different time frames. 2. Spearman's Rank Correlator - H1 TF 14 / 20 P above 0.90 3. Fractal Resistance Technical Conclusion: Buy the potential breakout of the MM 4/8 and fractal resistance. Sell the closing below MM4/8 Targets are mentioned on the chart. Good Luck
OANDA:SPX500USD
by chartreader_pro
EURUSD Update: Keep Shorting until SMA200 Trading Summary - Bearish Black Swan pattern ( 1.13800 ) has achieved its structural target at 1.12000 where Fibonacci 0.618 Fan meets SMA 100. - A fresh short trade at 1.12170 has achieved its first target 1.11680. ( M30 Chart Head & Shoulders Pattern) Technical Overview and Levels - The medium-term trend is still bullish as the EURUSD pair is trading above SMA200 ( 1.10500 ) on the H4 timeframe and EMA50 ( 1.10780 ) on the D1 timeframe. - Harmonic Overview: H1 Chart Bullish ABCD and H4 Chart Bullish Three Drives can be used as a buying opportunity ( 1.11680 MM -1/8 ) however upside looks capped by SMA 100 and EMA50 AT 1.12300 – 1.12500. - A potential retracement towards 1.12300 can be use as a selling opportunity. - Closing below 1.11600 will send the price 1.11100 ( MM -2/8) and 1.10700 EMA50 D1. - We need to see a firm closing below SMA200 ( 1.10500) to talk about medium-term trend shift – Bullish to Bearish – - Closing Below SMA200 H4: Bullish White Swan As mentioned on my DXY chart, a potential closing above 98.00 may help the trend change. Any intraday opportunity will be posted on the channel. Good Luck.
Short
by chartreader_pro
Ichimoku and Murrey Math -- A complete Trading System?Was just observing how prices react to murrey math lines and finding some impressive price action around these lines... Ichimoku defines what is the equilibrum price levels and MML defines what is the price extremes. So when prices go to any extremes we should be ready fade the price back to equilibrium. Once the prices are in equilibrium meaning inside the cloud, we can then make use of ichimokus trend follwing method to trade.. Any comments are welcome...
NSE:BANKNIFTY
by Nanda86
9