Technical-analysis
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 $50 are gonna make millionares by 2020.
Lots of money to be made right now if this is a big ABC correctiIf we are doing a big ABC correction, this analysis shows how it can go down. Gant fans used to help time with major events coming up that can shift sentiment.
2 Gant fans - 1 off ATH's to Dec pivot. another from Dec pivot to 2700 target. Fib targets shown to the left from the 2 big pulls and Fib level (50/100) shown to show our recent reaction off these levels. There is so much confluence to justify a pullback at 2700 which is the 618 from ATHs.
If we were to continue thru straight to 2800 without a B wave, we would have to stay in a very tight channel, leaving no room for an impulse. I don't see this as likely. Lots of people calling for a drop. Lots of people thinking we keep on rolling. I think this analysis is a happy medium, and can surprise a lot of people... which is what we're used to. Lots of money to be made here if we do get a sharp reaction off the 50/100 fib levels.
Trx Btc follow triangle Pattern on binance exchange Trx Btc follow triangle Pattern on binance exchange
USDCAD could go for retest on Daily TFOn lower timeframe we can see price is getting ready to shoot up. Good luck with this move till 1.34.
NatGas Analysis A brief summary of our previous analysis: the level at 2.97$ is a strong support, the cyclical movements of this commodity, makes us think that that the price will return to the area 3.40 before the spring and then continue downwards with target 2.80 / 2.60 $ in the summer. Even from a fundamental point of view we expect a rebound from these areas, as a decrease in temperatures is expected in this second part of winter, favoring a greater consumption of gas. So we recommend a long position with target at 3.4$.
Join us for further analysis on:
Instagram : www.instagram.com
Telegram: t.me
Facebook Page: www.facebook.com
Web: www.bfcminvest.com
