Timeframe
January 2019 - Something is about to HAPPEN!#RocketShot inc.?Hey tradomaniacs,
Just a quick overview. :-)
uff.. what a hard time. But a good time to stack your Bitcoins?
Math don`t lie - We gonna reach the sky?
Will Bitcoin hold the Trendline? Or will we crash before big institutions are willing to buy and stack Bitcoins?
Will the King of Cryptomania last? Or is someone else about to take over the throne of the Bitcoin?
We will see. :-)
Peace and happy trading
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
AUDUSD: Lower Time Frame Update!Hey guys,
as mentioned in the last idea, i just wanted to give you a guys a lower timeframe analysis update on AUDUSD for a good entry. You know we are bullish on the daily so we are looking for a good entry point on lower time frames like 4h. Price is moving sideways since Friday on the 0.5 fib level. I really like to enter between the 0.5 - 0.61 level with stops under the lowest low. Another confirmation is that on the daily price formed a head and shoulders pattern at this level.
Wish you guys a nice trade.
NZDJPY - short at Daily (symmetry wave rule)Look left, finding a rule wave for Entry.
There are 2 Zone for Sell:
1. The Group wave Weekly (I)(II)(III)... is at the 'Wave (III) to Wave (IV).
2. The Group wave Daily I, II, III.. is at the Wave V to VI. I want to sell in the zone of this group (price is from 75.537 to 76.362).
When NZDJPY reached The zone for Sell and down (break trendline at the Smaller timeframe).
Therefore, I predict he will drop again.
* Entry 1: Sell now
Target 1 is at 73.841.
Target 2 is at 73.167.
Stoploss is at above the Wave VI 20 bibs 76.363+.0.200 = 76.563
* Entry 2: Sell limited at 76.362
Stop loss is at 77.167 + 0.20 = 77.367
Target is the Same.
EURJPY - LongMonitor 1 Weekly (I), (II) (III): UP, Wave (II) to (III).
Monitor 2 Daily I, II, III: Down, is The wave II.
Monitor 3 H4 (1), (2), (3): Up, is the wave (2) to (3). Follow Monitor 1.
Monitor 4 H1 1, 2, 3: Up, is the wave 4. Follow Monitor 1.
* Therefore I predict EURJPY will go accord Monitor 1.
Entry 1: Group wave H1 from 130.216 - 130.846 or out the Green Trendline for a buy.
Stop loss: 128.320 (reversal for down to zone wave H4).
Take profits: 133.993 (Butterfly).
Entry 2: Group wave H4 from 127.349 - 125.979.
Stop loss: 121.713 (Below Daily trend).
Take profits: Move stop loss (Symmetry rule wave). Update later.
Like, comment, follow me, thanks. The prediction is always 50/50
EURGBP - short at H4Look left, Weekly resistance has broken for a downtrend.
At the present H4 group wave has a rule symmetry at the wave (2).
Thus, I predict EURGBP will down again from the wave (4) to (5)
- Stoploss is above the wave (2) some bibs.
- Should move the stop loss at symmetry rule waves
NZDUSD - short at DailyLook left, The downtrend at Daily still valid. The Daily group wave I, II, III... is at zone wave VI.
Nearest, The group wave H4 (1), (2), (3)... is at zone wave (6).
Thus, I predict NZDUSD drop again from the wave VI to wave VII
Target 1: 0.65953, Target 2: 0.65037
Stop loss: 0.067916
What Support Looks Like When It BreaksLooking at the m15 chart only can lead you to have the correct idea but in the wrong place.
By looking at high time frame charts you get a better picture of when a trend is in place, when a trend is no longer working or when there is no trend and we're in a range.
On the attached charts a daily time frame (top left) has a defined up trend and at 1.6700 the trend line and price meet for the 3rd time of Sept 27th. Here traders wanting to keep adding to long trade would initiate a long trade.
However by the close of the daily candle that idea is no longer valid, as the trend line did not hold as support.
Moving down through the smaller time frames we see that the days leading up to the 27th September have been consolidated into small daily moves. There is a clear line of support under these days that is clearly broken on the H1 chart etc. This equates to the time when the Daily candle approaches the rising trend line.
What we see happen next is that the broken daily horizontal support is now acting as horizontal resistance and price is trapped between this new horizontal resistance and the rising daily up trend.
When the horizontal resistance holds and the daily rising trend line are broke on the H1 candles traders waited for a quick retest and then went short. Accelerating the move.
AUDCHF - long at H1 (II) restart label for Weekly group is at fibo 120 Extension (broken weekly Uptrend).
Reversal is activated when AUDCHF up beyond 120% previous rule wave
At the present, He has a rule symmetry wave at the wave 2.
Thus, I predict AUDCHF will up again with 5 wave Elliot rule
TP1: 38.2, TP2:23.6, TP3: 0
Stop loss: 0.68615
Good luck with All
USDTRY - short at H1Look to the left.
16 Aug 2018: 5.67354 breaks the symmetrical wave rule (reversal pattern) for a long-term downtrend, counted as wave I.
30 Aug 2018: The market corrected for wave II
Thus, I expect the market to drop from Wave II to Wave III.
- Monitor 1: wave group on I, II, III ... (Down)
- Monitor 2: H4 wave group (1) (2) (3) ... increase the tuning wave (3) and break the trend from the wave (4)
- Monitor 3: Wave group H1 1, 2, 3 ... appeared the rule wave symmetry.
* Sell limited: 6.38927 - 6.50385
* Stop loss: 6.86093
* TP1: 5.49678 - TP2: 5.18436 - TP3: 4.66535
Like, comment, follow for me. Good lucks.
GBPUSD - long at DailyMonitor 1: Daily's trend has a reversal for the Uptrend.
Monitor 2: H4 has a correction to zone for Buy at Daily Group wave.
Monitor 3: H1 wait for a reversal break rule symmetry wave of H4 for Buy follow Monitor 1. 1.3092 is the price for reversal.
3 targets are calculated by Elliot rule.
AUDNZD - long at DailyMonitor 1: Daily is at the Wave IV (UP)
Monitor 2: H4 was dropped to The Zone for a buy of Daily Group
Monitor 3: H1 has a rule symmetry wave VS a long tail candle
Stop loss: equal the double candle and below 120% Fibonacci Extension.
3 targets are calculated by Elliot rule wave
Buy now or buy limited at a half of long tail candle
My Entry is at a half of long tail candle