AUDNZD - 4H - LONGDear traders,
Here is a new LONG signal on AUDNZD :
Entry : 1.08807
SL : 1.08276
TP1 : 1.09462
TP2 : 1.09835
TP3 : 1.10212
TP4 : 1.10748
Reasons for this long : A risky trade as some criteria are not respected, especially on daily TF : PA is taking over PAC but not above RSI50 that could act as a strong resistance. But a good RR trade that should be taken. We could get TP1 quite quickly. Or not!
Trade with your own diligence,
GL HF
TDI
EURCHF - D - SHORTDear traders,
Here is a new SHORT signal on EURCHF :
Entry : 1.14175
SL : 1.15965
TP1 : 1.13198
TP2 : 1.12268
TP3 : 1.11337
TP4 : 1.10012
Reasons for this short : Classical breakdown for my strategy, I put an extra large SL because of CHF behavior, even more unstable and manipulated than other currency. However we could see a global correction over all CHF pair. Euro was the "best" one IMO.
Trade with your own diligence,
GL HF
AUDUSD - D - SHORTDear traders,
Here is a new SHORT signal on AUDUSD :
Entry : 0.79555
SL : 0.80622
TP1 : 0.78362
TP2 : 0.77480
TP3 : 0.76597
TP4 : 0.75370
Reasons for this short : On daily, I'm seeing a breakdown of TDI indicating that price will shortly follow. AUDUSD is quite bullish on monthly so this short is not aimed for long term daily trade, only a swing pullback. 4H seems to indicate that both MA and RSI50 TDI are strong resistance, that could confirm the pullback theory.
Trade with your own diligence,
GL HF
BTC Progressing LONG after Breakout w/ possible Gartley HarmonicBTC is progressing LONG after breakout of structure and continuation of wave count + pattern as per my last analysis here:
At this point in time of analysis, I see 2 possible paths. First path is a continuous LONG continuing the previous Elliott wave count.
The Second path, includes a Bullish Gartley Harmonic pattern which includes a SHORT to the $2,430 Range before a LONG upwards and continuing to the $6,000 mark.
'TDI' shows continued upward trend as well as railroad tracks x2 off the Water EMA, which suggests continued bullish trend at this point in time.
Mayo and Blueberry EMAs are below price-action (On the Daily) which also suggests Bullish trend at this point in time.
If however, the Harmonic pattern is confirmed, we can expect a bounce off the Mayo or Blueberry (On the Daily Chart), for the continued upwards trend move.
Additionally, there seems to be a possibility of a head and shoulders pattern that could be forming, which would also confirm the harmonic pattern.
In my opinion, this pair is still LONG, however if you want to purchase BitCoin, the best time would be IF the harmonic pattern is confirmed, before a strong push upwards.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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PALLADIUM/XPDUSD - D - LONGDear traders,
Here is a new LONG signal on PALLADIUM/XPDUSD :
Entry : 922.698
SL : 907.531
TP1 : 941.12
TP2 : 959.295
Reasons for this long : After the very nice long we had last month, I've waited for this correction before re-entering this long. Metals have taken quite a beating recently, but I do see global trend as bullish.
Trade with your own diligence,
GL HF
NZDUSD - D - LONGDear traders,
Here is a new LONG signal on NZDUSD :
Entry : 0.73189
SL : 0.71786
TP1 : 0.74894
TP2 : 0.769
Reasons for this long : On 4H TF, the pattern has some chance to break to the upside, while the daily TF respects most of our strategy criterias.
Trade with your own diligence,
GL HF
EURCAD - D/4H - SHORTDear traders,
Here is a new SHORT signal on EURCAD / 4H :
Entry : 1.46878
SL : 1.4758
TP1 : 1.46423
TP2 : 1.45650
TP3 : 1.4511
This 4H short could lead to a great daily short as indicated on the left. We still have lots of unknown factors (as always in trading in fact). So I suggest to open usual lots here and wait for behavior quicklu on 4H. If as suspected this pair will break south then we can add on specific entry.
Reasons for this short : On 4H this pair is breaking PAC and under MA. Still not below RSI50 but we'll see this shortly. On daily, behavior suggest at least pullback if not resume of downtrend.
Trade with your own diligence,
GL HF
EURAUD - D - SHORTDear traders,
Here is a new SHORT signal on EURAUD :
Entry : 1.48074
SL : 1.50001
TP1 : 1.45811
TP2 : 1.43988
TP3 : 1.42614
Reasons for this short :On daily, we have a clean and violent breakout to the downside with still more room to continue this way. RSI50, PAC and MA are all broken. On monthly I pointed out some usual topping pattern that should indicate that at least some consolidation to the lower band could occur. Finally, only the oversold 4H TF could link to a pullback. As always with my strategy, pullback are not needed to confirm a trend.
Trade with your own diligence,
GL HF
BTC Finally approaching Reversal Area?It seems after all of the fake news from the last couple days, most positions of the weaker/amateur traders have been sold off and the market has corrected, which should stabilize after reaching the flip zone, where the highest probability is to reverse from here.
There are various analysis out there which suggest further lows might develop, however I do not believe this is the case and will keep holding my position long-term, unless the price breaches the 0.786 fibonacci which would be around '$2,800'. At that point I would most likely dump my position and wait until further price action provides more information.
Technicals at this stage show a possible Harmonic, however I haven't drawn it because it does not fit 'my' minimum requirements. 'TDI' shows massively oversold position with the RSI at nearly '20.0000' WITH a SHARKFIN and blood in the water, which means its only a matter of a short time when price action reverses and it will most likely be very hard and fast. Price action has arrived at the Flip Zone area and I'm expecting it to reverse, somewhere within my black box reversal area with a possible additional consolidation move or directly into an impulse wave LONG.
Here is the reason for the drop in price:
Source here: www.cryptocoinsnews.com
and here was one of the FAKE NEWS headlines: cointelegraph.com
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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NZDJPY - D - LONGThis is an experimental trade to improve SL placement. I'm seeing a lot of criteria for bullish move but I also believe that pullback is not finished.
4H is what I'm looking for in the short term. Daily chart shows TPs and SLs.
This is a test, I'm not placing more than 0.5% in this trade.
GL HF
USDCHF- D - LONGDear traders,
Here is a new LONG signal on USDCHF :
Entry : 0.96421
SL : 0.95202
TP1 : 0.96842
TP2 : 0.97630
TP3 : 0.98401
Reasons for this long : Weekly is printing a reversal candle but we're still in the mid-week so anything can happen. Daily has triggered my strategy so as I don't see this pair as much bearish as other USD pair, I believe a rally up could occur.
Trade with your own diligence,
GL HF
Confirmed Bullish Gartley on the 4Hr, Possible Upward MoveThanks to the huge amount of China FAKE NEWS as well as the Panic Selling, amatuer investors have dumped BTC causing it to drop in the upper $3k area. However amongst all of the panic selling, there is now significant buying volume now starting to occur. As noted in previous analysis, when amatuer investors panic, professional investors keep calm and rely on more data before making any rash moves, as in this case, I'm still holding my BTC and will do so long-term, as I do not see any reason to bail on this great coin as are many other professional traders.
Technicals show (which have previously escaped my analysis), a now confirmed Bullish Gartley (#1) on the 4 Hour chart, with Major Support zone ready to push an upwards move (70% Probability). My previous Elliott wave count has been invalidated, however patterns also indicate that upward moves are still imminent after break of structure has occurred before an Impulse move can be confirmed. RSI has again reached near the Oversold position with TDI showing a possible slight sharkfin with blood in the water, indicating that there is a good possibility that we should see an upward move soon. Additionally, there is a second Gartley Harmonic Pattern that is To Be Confirmed, once price action reaches the confirmation area at (Green - D @ $4,468). From there we should see several retracements before the main push up, should my Elliott Wave count and the Bullish Gartley#2 Harmonic become validated.
There is a slight possibility that price action will continue to move down to the 0.50 Fibonacci area, IF fundamentally more amateur traders sell their positions. Although BTC is not yet manipulated by the big banks, there is a slight possibility that some kind of minpulation is occuring in order to help more players enter the BTC market before more stronger moves to the upside.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP! :::::.....
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EURGBP - D - SHORTDear traders,
Here is a new SHORT signal on EURGBP :
Entry : 0.9147
SL : 0.932
TP1 : 0.906
TP2 : 0.892
TP3 : 0.8803
After it's bonus trade.
Reasons for this short : Weekly could see a healthy pullback to 0.87ish, and daily has broken PAC, TDI and BB. Cons : 4H seems a bit oversold.
Trade with your own diligence,
GL HF
GBPCAD UnclearDirection is unknown at the moment. price has opened JUST underneath a resistance line and could possibly bounce off and continue downwards. Although if my ideas about EURGBP are correct then GBP will be gaining strength to go long. Upward divergence also gives the idea of a shoot UPWARDS. Bands on TDI are also low. Watch closely.
GBPNZD - D - LONG - TDIGood RR trade. An early entry, as PAC has not been broken yet on both daily and 4H TF. But I expect this pair to go north because of good RSI50 support and MA RSI line.
Let's see how this pair behaves in the next day. A continuation of consolidation is well possible also.
GL HF
Wave 2 completed, now BULLISH / Upward move for a Wave 3 run!Following my CORRECT analysis last month here:
BTC has now completed a Wave 2 and has now started a wave 3 run upward !
Although many believe BTC is now on it's way down, due to the Announcement in China regarding bitcoin, fortunately, the panic is all hype and no substance, as inexperienced traders have sold their coins due to China FAKE NEWS !!! this was a totally predictable correction, only deeper than expected due to inexperienced traders panic selling !
See here: twitter.com
Wave 3 is now in progress and price action has broken structure and is on it's way up again, going LONG, with several deep retracements along the way.
TDI shows precise upwards progress, where the RSI indicator currently at midband at the time of writing, however is on it's way up from the 40.0000 zone, which means it has just come out of previous oversold status !!!
Mustard has crossed with Ketchup EMAs and we can expect them to cross with the MAYO and WATER EMAs for another confirmation of bullish trend.
Price action has now just crossed the Mustard and Ketchup EMAs (5 and 13 EMAs) and after a likely retracement should see a significant push upwards from here on in.
Blueberry EMA has not been crossed, it was however pinned by price action, which is another indication of more upwards move on the higher time frames.
Major support trendlines has not been broken, the Purple Line has also been pinned however the RED trendline has not been breached either.
Support areas have not been breached and the Flip Zone has proven once again to be holding price action as well.
In my opinion, all indications are now GREEN for another upward LONG (Bullish) run for BTC, my calc shows up to around the $5,800 price range, gonna enjoy seeing the price increase in any case. However I do feel sorry for all of the inexperienced amateur traders that sold their BTC based on FAKE NEWS... such a pitty.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP! :::::.....
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