SRV - Bullish ThoughtsAn idea suggesting that an inverted H&S will prevail and break the down channel
Pushing price back up sharply out of this downtrend
A weaker trend can be drawn (in orange) that allows this price spike
SRV
ASX:SRV ServcorpI am very tempted to buy ASX:SRV now because I think the chances of it breaking out of the small symmetrical triangle is high. CMF is strong and positive and RSI is about to cross the midpoint. If you intend to take the risk and enter now, I would set my stop-loss at $3.91.
For a safer entry, wait for a confirmation above $4.46.
A fall below $3.91 would invalidate this view.
BTCUSD Waves. Under the microscope. (18.06.2018)Hello.
Returned to the original version with a triangle, but with a possible reassembly.
1) Going down, everything is clear: the wave (iv)-red is completed (alternatively, it is already completed - orange) and plunges farther down.
There is a nuance: 5 wave can be like a simple quick impulse (relevant news background may appeare), as well as a long saw in the form of a final diagonal triangle of triples - the approximate boundaries are indicated in orange.
2) Goes up.
The exponential growth in shorts, and reduced longs.
We think, the "downstairs" scenario is not the most realistic, and it's time for the medterm structure to descend, the supposed triangle in the wave (iv)-red can be great to get out sideways with goals below 6000.
It is very real to get a "turn-up" triangle with an upwards exit, which will confirm the beginning of the correctional model within the framework of medterm movements.
As a result, someone will find the picture blurry, but in it you can find something beautiful, and at a certain time profitable. The main thing is to look more closely and take the right actions. You can try to play triangles on breakdown, while searching for a bottom is an individual matter :)
BTCUSD Waves. Under the microscope. (14.06.2018)Hello.
The local decline is almost completed, further the correction in the wave 2-black could follow.
While there are great chances for a bottom test below 6000, however, it seems as the end of the 5-wave (i) - (v) in the wave c (circle)-red in the triple a-b-c (circle) - red, which is part of the wave 1-black in the possible final diagonal triangle-black.
Also, if we look wider picture, then another final diagonal triangle-(purple) is hypothetically possible. However, its boundaries can be designated only by the fact of a decrease in the current wave to 3,000.
Globally, if one of the variants of the final diagonal triangle is built, the price has all the chances to rise from the bottom in the region of 4000-2000 to 8000-13000, and according to timings this event can occur by the middle / end of autumn. And purple final diagonal triangle promises higher expected value rather than black.
DAX30 indexFurther growth is expected in the wave (iii) - blue.
In the case of a breakdown of the local bottom by 11 700 - a coup with a fast short in the zone 10 000 -10 500.
BTCUSD Waves. Under the microscope. (01.06.2018)Price showed another upward impulse, giving correction tonight.
There are 3 options on the agenda: 2 for bulls and 1 for bears.
1) (light-blue), the price formed the i-blue wave, and now the iii-blue wave is starting to form: current purchases below 7400 will stand and go further;
2) (blue), the price forms the input wave i-blue in the form of a wedge with an upward exit: current purchases in the corridor 7600-7300 will close in stop losses in the range 7300-7100.
3) (red), the price forms an ascending triangle in the wave (c)-blue (inside the b-red wave): current shorts will close in the stop loss near 7500-7700, followed by fast dump in wave c-red in the area of 6600.
How to understand what is happening, and how to act - everyone chooses by himself.
All with 1 summer day and good luck!
BTCUSD Waves. Under the microscope. (31.05.2018)Waiting no reach the expected sales level, and after the beginning of the local correction in the wave ii-blue, decided to quickly pick up the longs.
At the moment, the wave structure indicates growth, but this does not exclude the possibility of an unexpected price reduction.
BTCUSD Waves. Under the microscope. (30.05.2018)Price completes the local wave (c)-blue in the wave b-red.
A downtrend in the wave c-red is expected to continue.
BTCUSD Waves. Under the microscope. (29.05.2018)Since yesterday, little has changed. The price slowly decreases in the local wave (B)-blue, in which the triple with the finale diagonal triangle in the wave (c)-red.
As well as yesterday I expect a pitch in the wave (C)-blue, and following decline in the wave C-red may continue.
BTCUSD Waves. Under the microscope. (28.05.2018)The price is slowly pulled into the basement, hinting at a possible "long" homocide.
There is nothing much to say now. Looking at future events, can't find nothing super hype: boring.
Black option target (assuming earlier completion of the triangle in (B)-black) is the area of 2500-1500.
While blue option target starts from 9000.
BTCUSD Waves. Under the microscope. (25.05.2018)Yesterday, the price marked the local bottom faster than it was expected. The correction from 10,000 looks complete.
Perhaps buying a little is worth it.
Also, a critical scenario was added:
early ending of the triangle in the wave (B)-black and the plunge in the wave (C)-black, which is marked at the bottom of the graph, and possibly will take a form of (I) - (V) with a prolongation in the wave (V)-black.
BTCUSD Waves. Under the microscope. (24.05.2018)The price catches its breath in the wave IV-red ((c)-red wave).
After another round of decline, the market may recover:
pessimistically to 9000 area,
while optimistically - above 13,000 in midterm.
Locally, you can try selling with a stop loss above 8000; on condition of working out the orange zone before another micro growth.
BTCUSD Waves. Under the microscope. (22.05.2018)The primary growth impulse is a big question right now.
The hypothetical model is pointed on the graph.
You can but only after working out the yellow zone around 9000.
Today, the optimal solution would be to sale from the specified range, because the parameters of risk and profit and the shift of volumes indicate.
BTCUSD Waves. Under the microscope. (21.05.2018)There are still options where the decline continues within the the correction model framework (or another).
However, this doesn't mean that it's not worth buying. The risk in the market is always present. The question is the correctness of personal money-management.
You can try to buy with short stop-loss at the top of the 1-blue wave.
In case the stop loss works you may try to play short from the next zone according to the logic of movement, but performing additional conditions for sale (descent into the orange zone).
BTCUSDT Waves. Under the microscope.(30.11.2017)Bitcoin yesterday rolled greedy buyers.
We assume that wave 4 (blue) is over, and wave 2 (black) is also coming to an end. Another possible decrease to 9660.
Now a good place to buy. You can start typing bitcoin in your briefcase, or keep holding it. Stop at 9490.
If the price breaks through 9490, bitcoin is waiting for another drop.
BTCUSDT Waves. Under the microscope. (28.11.2017)
Probably, wave 4 (black) has not yet ended and bitcoin descends lower.
Everything will be decided in the next few hours.
Strategy:
1) "Purchase # 1" - the price should touch / pierce the 9750 without leaving the boundaries of the specified model (black). After the formed model, you can make a purchase if the price returns to the price level of 9606 with Stop Loss 9450.
2) "purchase number 2" - if the conditions of the scenario "purchase number 1" are not fulfilled, the levels for buy limit 9149, 8950. Stop Loss 8800.
3) sale (short) - sale from the current with Stop Loss 9750 (for marginal operations and risky guys).
Update idea
BTCUSDT Waves. Under the microscope.(27.11.2017)To work productively, every person needs a weekend.
These 2 days showed who was right in their reasoning. The "stupid" bulls arranged a good rodeo for the bears. Moose are received, memoirs on shorts are burnt. There would be money in management - such things would not be dealt with.
Now about the state of affairs.
The price forms a wave 3 (black) consisting of 3 (blue). Now is not the best time for buying digital gold. It is better to wait for the end of wave 4 (blue) and try to buy from the channel border and the approximate price level in 9090.
All levels are relative for today. We will clarify the position of the markup and give an update.
P.S. To grieve it is not necessary, that you did not buy on 8200. We also missed this opportunity. Who is outside the market, first of all, does not lose money.
BTCUSDT Waves. Under the microscope. (24.11.2017)Bitcoin went to a full correction. We think that an intermediate wave 1 (blue) was formed, and now wave 2 (blue) is developing. We will try to understand where the price will stop.
According to the plan there is the nearest point that deserves close attention: the level of 7700. We are waiting for the price to form a new impulse towards growth from the specified area.
If the correction does not continue according to plan, and bitcoin will throw above 8300, in this case, we will buy at the correction from the levels 8200-8100.
The main level of canceling the script is 7400.
BTCUSDT Waves. Under the microscope. (23.11.2017)Today we observe the construction of a triangular convergent model of input impulses (black, red, green).
Now is the time to bet on growth, because. the output from such models is accompanied by a multiple elongation.
We do not exclude that the model can be broken and the price will move down. To do this, there is Stop Loss, which will limit losses.
Strategy for today:
1 - buy on the market in the morning with Stop Loss 8080. Intermediate target 9281.
2 - if the price closes the purchase by Stop loss - out of the market until the situation becomes clear.
BTCUSDT Waves. Under the microscope.(22.11.2017)Price made a correction in the proposed wave 2 (black). We expect a further increase in the price of bitcoin in wave 3 (black).
Strategy for today:
1) purchase on the market with Stop Loss 7970;
2) if the purchase is closed by S / L - out of the market until the situation becomes clear.
BTCUSDT Waves. Under the microscope. (21.11.2017)"She was not expected, but she came." The Chinese have adjusted the market. Now there are 2 main scenarios in development:
- or the price will continue to build the next lengthening in the wave structure;
- either the hour of corrective movements has come and only God knows where this will stop.
We were knocked out by Stop Loss.
Strategy for today:
1) for purchases - you need to wait until the pulse in wave 1 (black) is formed, and on the correction to 8000-7900 in wave 2 (black) to buy;
2) for short (marginal) sales - the penetration of 7650 wave A (blue) is required. At the correction to the levels 7800-7900 worth selling.
BTCUSDT Waves. Under the microscope.(20.11.2017)Presumably bitcoin has finished adjusting in shallow wave 4 (black). We are waiting for a further increase in quotations in wave 5 (black). The ultimate goal for our vision is 8750. If the price will accelerate as we approach our goal, we will consider further internal elongation.
The main level of Stop Loss is 7920.
BTCUSDT Waves. Under the microscope.(19.11.2017)The issue of the cost of bitcoin by bidders continues to be decided.
The level from which to sell / buy is 7760.
2 option for today:
if the price draws a wave (1) (red), after the price roll back to the area of 7700-7800 it is worth to buy with targets at 8750, 9250;
if the price breaks through the level of 7625, having formed a wave A (red), you should sell from the levels of 7700-7800, with a target of 7070.
Move the floor lines (green, red).
