Found A Beast _ break an old resistance _ Buy and take your PROFFound A Beast _ break an old resistance _ Buy and take your PROF
Technical-analysis
EURUSD - Decisions, decisions...On EURUSD, we now have a solid bearish channel forming, which points to confirming my long-term outlook on the pair. (With the Weekly Bearish H&S.) However, I can not take a trade on this pair right now because of what I'm showing you on the 4H chart. With the very negative jobs report coming out of the US today, the pair has found enough energy to push off of support and continue its flow through the channel. How far up it will go, I can not say.
On the chart, I've drawn the lines that show the paths I can see the pair taking. If the bad US data wears off soon enough and the focus moves back to the EUR, or the USD gets some reassurance, we could see this pair back at resistance by early next week. If not, I imagine we will hit resistance again, at which point I will determine whether or not this is a good sell.
My analysis is only an educated guess and is never intended to be an expert's guidance or investment advice. Absolutely anything can happen, I am only offering perspective for other traders to imagine every possibility and make their own decisions. Happy hunting.
--HSC
Fib Retracement on ZRXUSD - PoloneixAfter putting on the fib retracement on current ZRX chart, we can see that target one on price prediction is at 29 cents and target 2 is at around 30.4 cents. 3.3.2019
SHORT ETHEREUM / BITCOIN - ELLIOTT WAVE A-B-C CORRECTION
Similar pattern with Bitcoin.
Elliott wave A-B-C Correction imminent. Sell upon completion of Wave B. Full ABC Correction target of BTC - 3450 and ETH - 116.
USDCHF time to go down?Simply looks like that it has taken the Down trend Momentum after Bullish Trendline Breakout.
OMI Bullish Set up
I think a gap up is due and a new trend. Short term swing trade or swing long...Watching for breakout. Reversal here at Earnings time. What do you think?
NYSE:OMI
GBPJPY Forming Bullish Channel Could be a good Long opportunity from bottom of Channel with tight SL
AUSSIE LONG ???Looks Like This Demand Zone is going to Hold Very FIrm and we can see Bullish moves on this pair from region for Long term.
BCH Triangle Pattern New FormationWe had an old triangle formation (4hr/1d chart) forming but was broken about a week ago. The last rally we have seen to the upside has given us a hint of the real triangle pattern that in my opinion will end with a push to the downside. This is only an idea, not investment or trading advice.
What do you guys think?
*The purple line is the absolute best case scenario if shorting, it is probably going to look much different from that.
GBPAUD making Series of HighsSimply formed Higher low currently, Waiting whether it's going to bounce off or show a downside breakout for a trade.
Will QCOM go tits up? TARGETS $42, $31, $25This company is a trainwreck. If the ABC plays out on major indexes (see my ES1! chart), we could break the $50 support here around end of March. Puts under $50 are gonna make millionares by 2020.
Lots of money to be made right now if this is a big ABC correctiIf we are doing a big ABC correction, this analysis shows how it can go down. Gant fans used to help time with major events coming up that can shift sentiment.
2 Gant fans - 1 off ATH's to Dec pivot. another from Dec pivot to 2700 target. Fib targets shown to the left from the 2 big pulls and Fib level (50/100) shown to show our recent reaction off these levels. There is so much confluence to justify a pullback at 2700 which is the 618 from ATHs.
If we were to continue thru straight to 2800 without a B wave, we would have to stay in a very tight channel, leaving no room for an impulse. I don't see this as likely. Lots of people calling for a drop. Lots of people thinking we keep on rolling. I think this analysis is a happy medium, and can surprise a lot of people... which is what we're used to. Lots of money to be made here if we do get a sharp reaction off the 50/100 fib levels.
