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Oceanai

BITCOIN - ONE MORE LOW TO 23kPatterns repeating over and over. In this look at COINBASE:BTCUSD we are having another rally which should stop around the 34k level which in itself is a major Fibonacci number (34). This should start the last leg lower into 23k where we have the 1.618% extension from the last low. If it manages to get through the 34k level and hold above there then 34k becomes the support then there could be a higher level to watch but for now this is how its playing out. I hope this helps, updates coming with AI as we follow this move.
COINBASE:BTCUSDShort
by L_F
6
GOLD - Critical price area!!OANDA:XAUUSD is sitting at an intersting price level. We had the sell off from the high on Friday, now we are at a point where it could head higher for one more leg to the 1912 area or this correction is over after hitting the 382 twice over the last couple of weeks and we will see lower prices. If this is it then our downside target is 1660 but there is a chance of a lot lower prices but I will cover that going forward. For now we just see how we open on Monday and find a place either way from there. I will post smaller TF charts with intraday levels to watch. Also I will post the AI for the year which gives me that downside bias. I hope this helps, enjoy the weekend.
OANDA:XAUUSDShort
by L_F
SOLANA - 3-4 Day Rally to Sell.. BINANCE:SOLUSDT is having another rally so we need to get ready to sell again. In the 43-45 area we have the ABCD Gartley completing. The 61.8% level from the previous high on the 31st of May. At 44.61 we have the 382 from the May 16 high. Getting above these levels could see a bigger correction higher but as it stands we need to keep selling the pull backs. I will be looking for a short trade on this one later. AI is looking choppy today, I will post the smaller TF AI below. I hope this helps. Enjoy the trade. 👍👍
FTX:SOLUSDShort
by L_F
5
SPX500 - One more rally before sell off. SP:SPX is rallying from the low which completed the ABCD down. Now im looking for one more rally into 4230-4250 before we get another correction down followed by another rally into 4400-4450. For this to be correct we need the completion of the 5 waves up, then that will be the start of either a move to all time highs or the start of an ABCD correction to set off the next major sell signal which could see us heading down into the low 3000s. But for now just following this rally to see where we go next. If time and price is right the rally should stop around June 22. Exciting times ahead. 👍👍
FOREXCOM:SPX500Long
by L_F
1
CARDANO - ADA. Gartley completion.COINBASE:ADAUSD has completed a Gartley pattern to the downside. This is the first break from the ABCD running over the last 3 weeks. If this is going to be bullish then it needs to go higher past 0.64 and then 0.69 to start to look bullish otherwise it could be heading lower with the rest of the crypto market. For the Intra day we have an expected turn point at 15:00 so watch for a high into this time to sell or look for a low to buy. Ideally with an ABCD pattern. I hope this helps. Enjoy the day. 👍👍
COINBASE:ADAUSD
by L_F
2
SOLANA - INTRADAY AI TURN POINTS.FTX:SOLUSD Is moving nicely today. We had a nice spike low into the first CIT window today. Now looking for a move up into 14:30 this afternoon. If for some reason it moves lower into this time then we can expect a reversal from there to the upside. On the longer term for this if it holds the recent low at 40 then we have anupside target of 64 completing the ABCD then we should see more selling. More charts coming. Just a look into how I use the AI with my intraday trading. I hope you find this helpful. Enjoy the day.
FTX:SOLUSDLong
by L_F
1
ATOMUSD - Higher before more selling!!BINANCE:ATOMUSD is setting up nicely for a trend day today. Looking at the A.I we can see 2 critical change in trend windows. The first one if we get a pull back into 9:30am this will give us a low risk opportunity to buy and look to trade it up into 19:00 before more selling. The second CIT window will give us a selling opportunity that may run into tomorrow. We had a nice move lower from yesterdays expected move. I hope this helps. I will post updates as we go along. Enjoy the day.👍👍
by L_F
1
BITCOIN- Last leg higher then final correction down to 30k.Bitcoin is in the latter stages of a corrective phase. Once we get to the 48k area it finishes multiple patterns adding in the fact that since the all time high and low on Jan 24 BTC has not been able to make a 382 @ 46675. This is not a bullish scenario, We also have 2 ABCD patterns running into the same area. It will find it hard to get through this area, but if it does get through there and above 50k that might be it. The Total Crypto market cap is looking at this same correction for a move lower as well. Maybe a geo-political event to send everthing lower one last time. Interesting few days coming up.
COINBASE:BTCUSDShort
by L_F
2
USOIL - AT A KEY LEVEL!!OIL is up over $17 over the last week and has come into a critical area between 114.26 - 115.42. This is the area where we have the ABCD completing and also the 61.8% Fib level from the March high. We have a critical turn point coming up which gives us A-B=C-D in time. I will post the AI in the update area with expected trend for the day and we could get a minimal move back down to 105-107 area but possibly more with a bigger correction. Above 116 and it could get to the 1.618% expansion of the last correction near 120. I hope this helps. Enjoy the day.👍👍
TVC:USOILShort
by L_F
SP500 - ABCD Target hit!!S&P500 has just hit a critical level which will decide the further movement of the market. We have major levels coming together firstly with the ABCD down from the ATH then we have the 1.618% Extension from the OCT low to the ATH. We are also at the - 1 Standard deviation level which is where the options guys for this week buy futures to protect thier positions which can cause a rally. However if we get down below 3920 then we start looking at 3700 or lower. Short term we are at a critical retracement level. I will post this in the idea update section. Also AI has a run up for the first part of the day.. Another issue is the fact that we have completed the C-D leg quicker than the A-B leg by a week, another reason to be cautious. But we have fear in the market so is it time to be greedy?? I hope this helps. Enjoy the day. 👍👍
FOREXCOM:SPX500Long
by L_F
XAUUSD - GOLD - At critical level!!A look at OANDA:XAUUSD this week and we find that we are still looking for more down side. There has been a 120+ point drop into 1872 and the first decent rally back has seen it stop right on the 382 and fall away into the 50-61.8% area from that rally. We are now at the point where we have 2 options. 1. It continues lower from here towards 1820-1830 completing the bigger pattern @ the 61.8% level from last years August low. 2. It bounces up from here back to the 1950 area where it would turn to create another ABCD pattern finishing at the 1820-1830 area again. The other option is that we break those levels and head towards the high 1700s, but I will look at that later once we get the info in to make that call. Also on May the 9th there is a Major CIT window which is likely to decide the direction for the rest of the month. So a move up into that time would start the move lower and a move lower into that date would see a reversal higher. Something to keep an eye on over the coming weeks. I hope this helps. Enjoy the week!! 👍👍
OANDA:XAUUSD
by L_F
1
EURUSD - Critical AI time coming up!!In this post I take a look at the FX:EURUSD Using the AI I am looking for a change in trend @ 10am. Im also looking for it to rally or drop into the time with a pattern and at a FIB level. We are getting close to major patterns on the longer timeframe as well. The inverted move is there as well because if it rallies into the time then its Inverted and we will likely see more downside. Just a look into what I use on an intraday basis for trade entries. I hope this helps. Enjoy the day.👍👍
Long
by L_F
USDCAD - BUY MODE GARTLEY!!Today we look at the FX:USDCAD as it is setting real nice with patterns, FIB levels and AI all coming together. Firstly the Gartley pattern that started early April and looks to be completing today @ the 78.6% level of 1.2461. This turn zone is between 1.2461 127% ext and 1.2450 1.618% ext of the last move which is the final wave 5. This is the first retracement from the April 5th low and its in AB=CD which is the favoured pattern. Also with the AI for today we have an expected low around 2pm. This is a major turn event for the day. Things lining up again which means we have to place orders. Let me know your thoughts on this set up and ideas you also have for this pair. Enjoy the day.👍👍
Long
by L_F