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Quarterstheory

Zone Hopping (ETH)Hi Team! Welcome to today's update on Ethereum. We've seen some signficant bearish price action in the last few days once we broke the wedge that was forming above the half quarter level of 150. Price dropped to the key support area at 116-120 and although it was respected... We are now seeing similar price action forming at the 125 quarter level. If we compare an equally measured move from what happened last time to what we might expect to see, the possibility of ETH revisiting 100 again is becoming greater with every day that passes. It's also important to note that the anticipated Constantinople update has been delayed due to a massive potential security flaw. I won't discount the possibility of a short lived bullish liquidity capture up towards our 38.2% fibonacci near the $140 price due to the nature of these volatile markets however my bias as of now remains with further bearish expectations for this particular asset. This analysis is not meant to constitute as financial advice, please use risk management and trade/invest at your own risk! Stay safe in these volatile markets friends, Z ~
BITFINEX:ETHUSD
by ZacharyHogan
Bearish Moves Are Still On The Table? (BTC)Hi Team! Welcome to today's update on the world of Bitcoin. We have seen quite a few flags forming recently and lots of respect of the 3750 quarter level with the price action that has happened. Although I will not count out the possibility of seeing a movement up to 3860-3900 as this is the liquidity capture scenario we looked at yesterday... it is becoming increasingly likely that we can expect to see a movement of price down to 3500! On the chart are a few trendlines that have been acting as reliable technical indicators as well as our zones of significance in relation to support and resistance. We have a large bearish candlestick from the previous week to consider and even though January 15's daily chart gave us a bullish engulfing candlestick... it was immediately met with resistance from sellers and the following day closed bearish. Cryptocurrency on a macro level is still in a bearish environment so if you're looking for opportunities - be mindful that there is still downside risk! This analysis is not meant to constitute as financial advice, please use risk management and trade/invest at your own risk! Stay safe in these volatile markets friends, Z ~
BITFINEX:BTCUSD
by ZacharyHogan
4
Bitcoin Daily Liquidity Capture (BTC)We can observe on the January 14 daily candlestick (which was also the start of a new weekly candlestick) a classic bullish engulfing pattern. Price is currently flagging and we could expect one more push up towards 3880-3900 before seeing the anticipated move towards the 3500 half quarter - to then see the next reaction of price. Depending on which side you choose to play, there are favourable scenarios for bulls and bears! Remember that trading involves risk and this is to be used for educational purposes only.
BITFINEX:BTCUSD
by ZacharyHogan
GBPJPY Intraday Trading Analysis- Scenarios & Possible EntriesLooking at GJ as an intraday trader on the 1hr chart, there are two main scenarios I am looking for before making an entry (using technical analysis --> with trend lines , support and resistance (specifically quarter points), pullbacks & major price reversal zones) 1) BULLISH SCENARIO - If price breaks ABOVE the resistance point of 139, I will wait for the PULLBACK and RETEST of 139 and for a proper test of this price as a support level now. - It will then have to continue trending up, having properly respected 139 as a new found support zone and to then continue the longer time frame trend. - A possible buy entry here at around 139 or 139.05 can then see a TP up as 139.30 and a SL at maybe 138.85 2) BEARISH SCENARIO - If price retests up towards the resistance point of 139, but CANNOT break this level as a ceiling, I will be looking for a proper bounce down again and for price to fully respect 139 as a resistance level . - It will then have to continue with the downtrend, to show that the trend has properly pulled back and continued onwards (with 139 now as a price reversal zone) - A possible sell entry here at around 139 or 138.95 can then see a TP down at 138.7 and a SL up at maybe 139.15
by robbiepeck1
GBPJPY Possible ScenariosLooking at GJ as an intraday trader on the 1hr chart, there are two main scenarios I am looking for before making an entry (using technical analysis --> with trend lines, support and resistance (specifically quarter points), pullbacks & major price reversal zones) 1) BULLISH SCENARIO - If price breaks ABOVE the resistance point of 139, I will wait for the PULLBACK and RETEST of 139 and for a proper test of this price as a support level now. - It will then have to continue trending up, having properly respected 139 as a new found support zone and to then continue the longer time frame trend. - A possible buy entry here at around 139 or 139.05 can then see a TP up as 139.30 and a SL at maybe 138.85 2) BEARISH SCENARIO - If price retests up towards the resistance point of 139, but CANNOT break this level as a ceiling, I will be looking for a proper bounce down again and for price to fully respect 139 as a resistance level. - It will then have to continue with the downtrend, to show that the trend has properly pulled back and continued onwards (with 139 now as a price reversal zone) - A possible sell entry here at around 139 or 138.95 can then see a TP down at 138.7 and a SL up at maybe 139.15
by robbiepeck1
Another Bearish Week for Bitcoin... (BTC)Hi Trading Team! I'm glad to share todays update analysis on Bitcoin with you. We're going to focus on the H4 time frame because it really allows us to see how much consolidation occured prior to this most recent bearish shift happening. Now that we have started the momentum shift and effectively broken out of the bear flag, it seems more likely now to expect price to move towards the 2018 yearly low and aim to create a new lower-low which would continue the bearish-macro trend we've been experiencing after the All-Time-High was created. We can observe this bearish trend by utilizing a daily chart and recognizing the Lower Highs and Lower Lows that have been setting in. We can also clearly see the bear flag on H4/H1 time frames - and we must realize we are in the midst of a lunar cycle which will be at it's Full Moon on January 21, 2019. Volume looks as if it is picking up and I am looking for a continued move down below the 3500 half quarter level. We may expect price to find support and briefly bounce if/when we arrive there... however this would be shortlived because the technicals as of right now are pointing for lower prices. We will be keeping an eye on this and diving deeper as the upcoming week begins because I am expecting that we will see the selling continue! Let's Empower Others, Enrich Our Lives and Educate on the Art of Trading... Until The Next One Stay Safe Out There. These markets are volatile! ***This information is not a recommendation to buy or sell. It is to for educational purposes only.***
BITFINEX:BTCUSD
by ZacharyHogan
Freaky Friday Bitcoin Consolidation..!?This is an update on Thursday January 10th's BTCUSD analysis Price is currently consolidating (accumulating interest & orders) underneath the 3750 quarter level. Remember, after a large move its typically expected the market will take some time to breathe! Intraday data is showing lower highs, still expecting a possible "pop" in price to break the new structure highs (3800) to capture liquidity before bringing price down. The speculated price action arrows have been moved slightly to reflect the levels I feel are likely that we will see a reaction but the movement we are looking for remains the same... The possibility for new lows of the year are still on the table as of today
BITFINEX:BTCUSD
by ZacharyHogan
XRPUSD New Yearly Lows?Ripple has broken out of the wedge we analyzed on Tuesdays Technical Analysis livestream by capturing liquidity at the 0.4 major quarter and then aggressively shifting down below 0.35 As of right now, we are on track to continue moving down towards 0.325 (the next quarter level) based on the price action and how the intraday candles are looking. We can expect the possibility of seeing a test of the yearly lows prior to any further significant bullish movement. Of course these trades DO take time to play out! Always remember team... there is opportunity to trade the intraday movements but if you are looking at the bigger picture - be CAREFUL with any margin trades that are buying right now because there is no clear indication price will go up. Investors also be mindful that you may have the ability to purchase at better prices than where we are right now by simply being patient
BITFINEX:XRPUSD
by ZacharyHogan
BTCUSD 2018 SpeculationMy Bitcoin Price Target for EOY 2018 = 4750 Lots of retail traders BOUGHT when price was consolidating at the 6,000 area at the key and obvious level of "support" Once price broke down and people started to see -10%... -20%... -40%+ losses on their portfolio, now we have reached an area where so many retail traders are in the mindset of "I have LOST this much dollar value on my position... I need to close out of it because: a) We are going into a new tax year b) Christmas/Holiday is coming up --> need cash flow c) Retail psychology being exploited... buy high, sell low and take losses It would make sense to see everyone who has been getting out of the market now at these lower prices be taken advantage of since there are large amounts of liquidity available for professionals and institutions to now take short term positions. I still believe we will eventually see bitcoin dip down to the structure near 2750, but in the SHORT TERM my money is on seeing Bitcoin go higher towards 4750 as we head into the new year. Trading involves risk, im not a financial advisor and anything that you do with your money is at your OWN risk / discretion. Practice risk management, demo trade until you're confident and here's to your success in trading my friends.
COINBASE:BTCUSD
by ZacharyHogan
POSSIBLE H4 BULLISH HARMONIC FORMING ON EURCADExpecting plausibly strong support at current price but with price breaching thereafter to D and then proceeding back into a strong buy to wards current price. Trapped volume exists at A thus C came shy of that peak. X also has trapped volume evidenced by h4 rail road tracks at critical level. expecting safety trades and away from peak continuation signature trades to point D short. then into strong buy. H4 patterns take relatively long to complete.
Short
by harveygoldfx
Great opportunit forming on GBP/CADWe can expect a good down move inside this channel that were placed since April. This analisys was made with the fundamentals of Elliot Wave and Quarters Theory Trend Waves. The price is on top of the channel, we can have a great R/R ratio if this trade confirms. The wave 4 (or Correction 2) is right on the Wave 1 area, so we can put our Stop Loss conservative, and our Take Profit very optimist. The Wave 4 (or Correction 2) reached the 61,8% fibbo, good point for a trend continuation. Just look at this chart, and take your own views about it. This is just my personal View, if you see something different, do not trade like me, and be confortable to share with us your ideias.
Short
by LucianoIML
EUR/JPY TREND WAVE COUNT, Based on Quarters TheoryHello Folks. There's another analisys, using the same parameters the previous ones. Analisys made using Quarters Theory Trend Wave psycology, Elliot Waves and the Quarters Theory points. During the Summertime Blues, we saw a lot of Chopness in the market. now, early September, the maket will start to trend again, and no more do this kinda weird moviments. We can expect a real Reversal Trigger Wave, towards the 133.25 price point, and then, look for a correction formation, and then, start the trend again Trade Big, Risk small, Huge profit. This is my personal view only, trade at your own risky.
Long
by LucianoIML
EUR / JPY TREND WAVE COUNT, Based on Quarters Theory Trend WaveHello again, there's another analisys of my wave count on the EUR/JPY. This wave count is made with the Quarter Theory Trend Wave psycology. As you all can see in my chart, we've got a lot of chopness on the market during the Summertime Blues, but now in September the market is going to start the real cycle. The market formed various false reversal and corrections. We can expect a good move toward the 133.25 price point, wait for some correction, and start the strong trend again. Trade big, risk small, huge reward. This is my personal view only, trade at your own risk.
Long
by LucianoIML
GBPUSD Setups 08/12 - 08/17 OutlookPrice Synopsis GBPUSD has been in a downtrend since august 17th after confirming the double top with several bearish moves. The entirety of the first wave down consisted of FIVE consecutive red days, with one day of "relief" followed by another five days of bearish activity. After the double top / "M" pattern was confirmed, over this 11 day window price had dropped approx. 800 pips. There are notable gaps on the daily chart and market structure is indicating we could be approaching a reversal area now after a continued movement down for the past 7 days. It would be logical to see an upside move/wick on this upcoming weekly bar at least 50 pips above the open price Week of 08/12 - 08/17 Trade Idea Looking for buy entries to be confirmed between 1.272 and 1.269 Intended stop loss will be a maximum of 35 pips once an entry price has been decided on during SUN/MON price action Minimum of 3:1 Reward to Risk with expected Target Levels at 1.28250 / 1.29 / 1.3 depending on candlestick development but must remain open minded to a possible sell scenario if price indicates the probabilities of a continued move lower towards 1.26 or the half quarter level at 1.25 Some Fundamentals We know that the BREXIT referendum occurred in June 2016 and the plans for Britain to leave the European Union are expected to be final in March of 2019 however... several sources are indicating rising fear and uncertainty . Upcoming dates to be mindful of include the 18th of October and the 13th of December 2018 EU Summit as the agenda will cover negotiations for trade deals, how the transition to independence will work, etc. On March 29 2019 Brexit is scheduled to happen and the suggested transition period to allow consumers and businesses to adapt is supposed to last until December 31 2020 I am not (yet) a licensed financial adviser and this analysis does not constitute as financial advice . This is for educational purposes and you accept sole responsibility of any and all trades you take... investing with real money involves risk!
by ZacharyHogan
1
BTCUSD ShortsThis week has been incredibly volatile for Cryptocurrency and has continued to be BEARISH overall. The possibility of seeing XRPUSD hit 30 cents was completed today The possibility of seeing ETHUSD hit 300 is nearly there When you look at the strength and momentum of downside movement on those two assets, you can clearly see they are moving differently than BTC is right now... but this could be a clue to anticipate further taking profit and another push down to make the low of 2018 on this asset as well. There is a high selling pressure and while we await approvals on things such as ETFs and further guidance on how the markets will be regulated, it would be no surprise to see Bitcoin breach the next quarters zone and trade below 5750 by August 13. If we see price pull back and move towards 6250 - 6400 watch for price action to CONFIRM the anticipated sell and give us a better than anticipated entry... the way the 08-10 20:00 candlestick on the H4 moved though leads me to believe a move ABOVE 6400 at this point in time would be unlikely Price action on the small timeframes (M15) show a wedge forming with multiple wicks indicating price could potentially pop upwards before it drops (as a result of people getting liquidated on their sells and having to buy back in because they were stopped out of trades causing temporary relief) however it is definitely possible to expect during the Asian/London markets more movement lower. Trading involves risk and I am not a financial adviser. You are responsible for any actions you take in the market :)
BITFINEX:BTCUSDShort
by ZacharyHogan
3
BTCUSD Price Action UpdateWith Bitcoin current trading below the half quarter of 7500 and with the amount of supply / wicks on the candles we can see... it leads me to believe we may start the new weekly candlestick of July 23 with a BEARISH movement. As of right now, I am targeting 7200-7100 and will be anticipating shorts on ETHUSD and XRPUSD as well. The profit taking could occur across the board in the Cryptocurrency market to start off the week as we do also have a FULL MOON on July 27! High likelyhood to see this pullback occur and then we could get the setup that brings price over 8000 before the August 10 Bitcoin ETF decision that the SEC will be making. Trading of course involves risk if you are participating with real money and because I am not a financial adviser please hold yourself accountable for any action you take! There are many factors that I could list detailing WHY I am looking for this movement to happen and they will be discussed on live stream this week :)
BITFINEX:BTCUSD
by ZacharyHogan
EURJPY Short IdeaSelling EURJPY at 131.9 Stop loss 132.2 (just below the quarter level) Target 1 = 131.3 Target 2 = 130.9 Target 3 = 130.6 Anticipating "Midweek Reversal" Setup with the divergence/double top occurring as well as the psychological effect of getting a bearish engulfing candlestick pattern at the 132 level while we are in an obvious uptrend Trading with real money involves risk. I am not a licensed financial adviser, nor is this analysis investment advice. Hold yourself accountable
by ZacharyHogan
2
AUDUSD Short IdeaHigh likelihood AUDUSD will continue trading lower to retest/surpass the structure at 73200 Anticipating a test of the 72500 quarter level considering the upcoming economic event on Wednesday (Unemployment Change & Employment Rate) and considering the existing bearish momentum on the larger picture Heavily bearish week expected to break the low of last week Big bearish daily candle & overall trend direction since 2018 started H4 showing no signs of reversal as of right now Asian / London Markets may present opportunity for a confirmed sell position around 0.74 Stop loss above 0.743 (no more than 30 pips depending on your entry) Target 1 = 61.8 Structure at 0.732 Target 2 = 0.726 Trading with real money involves risk. I am not a financial adviser nor is this financial advice. Hold yourself accountable!
Short
by ZacharyHogan