Hi Everyone, If you'r looking to BUY TRON then you should probably consider waiting for it to retrace at the mid level, First thing first this analysis is purely based on Technical side (you may consider it a blind on) - Major Fibonacci Level for reversal tracing - Supply & Demand zones, - Liner Correlation Method! wait for the price to retrace our buying level...
Hi Everyone, In this analysis we'll try to find a potential BUY Zone for our USDJPY as we're already in a shorting position and it's sitting in the middle of the recent daily swing, The selling pressure continues as market has crossed down the 200Day WMA where it's quit hard to go long so keep selling at the moment but here are few major plots where price is...
HI, I hope everyone is doing well. as the start of this week is really depressing for cryptos as every major coin is suffering at the moment and it's quit hard to just rely on the Technical side of these assets so just keep in mind that the risk is a little high while we try to go long on them, but it's really interesting to know what our technicals has to say...
Hi Everyone, In this analysis we'll talk how to Identify the Bottom in EURUSD -0.61% as past few weeks were brutal for Euro -0.61% Dollar and every trader is looking for an opportunity to Buy it and the're keep failing to do so, Now while getting into these types of trades it's important that you should understand the basic of this analysis which is so much...
next bullish wave is coming...
following thi pair part by part ; now i see that's forming a real classic correction .. i think this is the end of the X wave .. waiting for the 3th and the last coorectiv wave to buy it
Hi guys, I'm Rob from Macro Insights. Today I have a piece on Gold outlining why from a probabilistic outcome Gold is a fantastic opportunity on the long side. I believe you have to look at each asset and analyze 1) the macro top-down picture, 2) a fundamental bottom-up analysis of the asset, 3) what is the positioning/sentiments & 4) you gatekeeping, technical...
Databits range trading continues and price seem to be stuck between $0.5 and $1 areas. The recent wave down found the support at 76.4% Fibonacci retracement level that is exactly $0.5, and that level was rejected cleanly. While this support is holding it is likely that DTB/USD will produce a wave up, repeating the previous pattern. The resistance is seen at 38.2%...
Chart explains itself. I think we will see 6554 Low Point before bull run.
Sorry guys! I'm being late to upload it. I was super busy to help my friends and had a meeting. So far, it dropped HUGE without any bounce. I already mentioned that BTC market is volatile and weak. Before I start analyzing it, honestly, I thought that $7800 line can support it However, the reality gave me depression. The bear smashed the bull and gonna...
Daily convergence showing in the RSI and MACD support the impulsive leg to the high of $9,900. The Dow principal of 50% holds true unless support is broken. Please be aware that you should consider an investment under your own opinion before participating in the markets.
This one is a somewhat similar setup to the USDCAD trade. Expect and trade a rather sharp move down in the very short term, and then get out of the trade. Again, this is for the very short term, the overall trend remains quite bullish. Eventually, the trend will reverse and there will be a more longer-term move down, but I'll outline this in an update in a few weeks.
FX:EURUSD Is still in a bearish trend. According to the Elliot Wave theory there is a corrective wave forming right now. Will expect the market to retrace a bit before its going to start a new bearish trend. You can wait with entering your trade, keep a look out for the pivot points.
Wave Analysis of #EURUSD ... it took 17 years to complete its waves from 1 to 4 , now its about to complete wave 1 of 5 then begin the correction and goes for higher targets . ( i believe that it reaches the shown target in the time of Trump ) so its a Long term Idea .
At the moment, we are seeing how our pair continues the downward movement and reached a new level of resistance. The daily chart clearly shows that the pair has already slowed down near the level of 1.1735 and is now close this level. However, we expect that the 3rd wave may be stronger than the first and the pair will not stay too long at this mark. Therefore, we...
The price tested area support, gave a jump. --> Strategy: Buy on today
INCREASE THE VOLUME AND 4HOUR PICHFORK CAN TELL US THAT WAVE IS READY TO BREAK THE LINE AND COME BACK TO THE GAME SOON
Hi guys , i decided to try EW counting on stocks for few weeks to improve my counting skills , google looks good to go for a Minuette C wave (red) Targets are 100% fibonnaci extension and 161.8%