USDCAD | W1 | BULLISH — Ready to fly?Analysis –
USDCAD | W1 | BULLISH
This is a potential 175+ pip setup.
Our analysis has been produced from the Trend Based Fibonacci.
The methodology has been reciprocated with price action since April 2016.
The price has now reached our 78.6% retracement .
The weekly candlestick has closed above this level which exhibits a rejection.
This analysis also offers confluence in terms of a positive correlation coefficient to neighbouring USD pairs.
Therefore, we foresee bullish momentum with a potential re-test at the supply / distribution zone; at the 1.332XX key level.
After this level has been tested we shall expect price to reverse forming an Elliot Wave downtrend.
Please note this is not financial advise.
Thank you.
Trendbasedfib
USDCAD | W1 | BEARISH — Who wants 600 pips? Analysis –
USDCAD | W1 | BEARISH
This is part two of our analysis,
The original can be found here –
Sell @ 1.33300
A CRAZY 600 PIPS IS ON THE LINE.
Our analysis has been produced from the Trend Based Fibonacci.
The methodology has been reciprocated with price action since April 2016.
The price has now reached our 100% retracement;
This is the supply / distribution zone at the 1.33300 key level.
This analysis also offers confluence in terms of a positive correlation coefficient to neighbouring USD pairs.
After this level has been tested we shall expect price to reverse forming an Elliot Wave downtrend.
This is an early signal so please do not enter yet!
Keep an eye on the price and when the time is right then enter.
Please note this is not financial advise.
Thank you.
A Beautiful BITCOIN Chart - WIll D4 Be Right This Time??Dear Friends And Followers!
D4rkEnergY can be arrogant and cocky! He knows. He has been right almost every single time the last couple of weeks, but the last 2 BTC-charts were wrong. -And don't get him wrong. He will admit when he isn't right - that is part of trading!
Let's jump in and take a look at this 4H BTCUSD Chart - It's pretty interesting in fact.
We are most likely on the 4th Elliott Wave Retracement and are in the process of an ABC-correction.
A-Wave: Leading Diagonal (33333)
B-Wave: Zig-Zag Structure.
C-Wave: Always consist of 5 Waves (as you can see if we look at it from a classical charting point of view, we should soon go up according to the descending wedge we are in)
This whole ABC-structure is a Zig-Zag (535) Structure. According to Elliott Wave Theory and Fibonacci Ratio Relationship we have some rules, which match my prediction so far:
- The B Wave is 85.4% of wave A, which is allowed.
How Do We Find The Target:
- The C-Wave has to be at least 61.8% of wave A, which should shoot us up in 4,235 USD, which once again also match price resistance and looking at the Volume Profile.
I promise to update you shortly if/when we have confirmation on a 1st sub wave on C!
I hope you liked the content - please leave a LIKE!
-D4 <3
BITCOIN: Corrective Waves - Now Leading Diagonal - Up, Up, Up!Dear Friends!
It's way past my bed time here. So I'll do it quick - Sometimes it's just better that way.
- Correction Triangle (ABCDE) 33333
- Now most likely 1st Wave Leading Diagonal (3rd subwave 1-1 ratio with the 1st subwave)
- Bring the popcorn
Watch it play out! Good night!
- D4!
EURAUD (Gartley Pattern) - 15 min ChartConfirmations for Gartley Pattern
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement
- First TP at 0.618 (Fibonacci from D-A)
- Second TP at 0.382 (Fibonacci from D-A)
- Third TP would be back to where it all started
Good Trading.
EURCAD (Cypher Pattern) -4h ChartConfirmations for Cypher Pattern:
- A to B must touch 0.382 but cannot exceed 0.618 (on this case B is at 0.5)
- B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension)
- C to D must touch 0.786 of X to C
- First TP at 0.618 of D to C (Fibonacci)
- Second TP at 0.382 of D to C (Fibonacci)
ABCs inside left leg gave bearish impulse for ABCD pattern iniciation, so we can get a clear bullish impulse towards D completion at 0786 for our Cypher Pattern.
I expect price to be bullish until that point (0.786) for Cypher Pattern confirmation and sell.
Good Trading.
BAAM! Chinese NEO In Intense Fight Against Bigger Opponent!! Dear Friends <3
Let's jump right in. We are right now taking a look at 4h NEOUSD Chart. And let me just start saying, that NEO is about get his behind kicked. It doesn't look promising.
It all started with the bear flag, which took us all the way down to 50 USD. But Big brother Bitcoin came to rescue in the last dying minutes, and helped NEO up on his legs again. After a short visit to the hospital, NEO recovered pretty quickly. As you can see, we managed to make a 1st Elliott Wave, and thereafter a perfect 50 % retracement on the 2nd wave, which also is equal to 78,6 % Fibonacci Level of the bigger Elliott Wave Cycle.
We have now found huge support here, and have so far managed to go sideways for a while. BUT guys, IF we don't very quickly start to get that 3rd EW going a bear flag will take form, and we can expect to go even lower to the next support level at 58 dollars.
I want you to also to pay attention to the RSI - it doesn't look good.
I will give you the 2 scenarios here:
1. BTC is at this very moment at 8,300 USD (around 50 % fib), and is on its 2nd Wave. If Bitcoin manage to go into a reversal now, and get that 3rd wave started, we will also see NEO doing the same.
2. If Bitcoin hasn't retraced enough, and will go even lower till lets say 61,8 %, you can expect that NEO will make a huge drop due to the bear flag and hit 58 dollars. Maybe we will go even lower to 50 USD, which is the next support level.
We need Big brother Bitcoin to rescue us once again. Will he do it? I will follow up on this later!
D4 loves you <3
Please give me some love, support and a LIKE - it would make me very happy :)
EURAUD (Bearish Butterfly Pattern) -4h ChartBearish Butterfly Pattern
- A-B must touch 0.786, but cannot exceed X
- B-C touches 0.382, but sometimes goes further (does not exceed A)
- ABCD formation. D has to reach outside X and touch 1.272 or 1.618 (on this case it went a little higher because of Euro news)
- TP 0.382 TP2 0.618 (Fibo A-D)
X to D distance is 1.618 (1.618 golden ratio!)
X to B distance is 0.758 (around 0.786!)
A to C distance is 0.862 (around 0.886 retracement)
B to D distance is 2.317 (around major retracement 2.618)
Good Trading
Great News for BITCOIN: Bulls About To Put Bears In Headlocks!Dear Friends!
D4rkEnergY is back with an super exciting Bitcoin-update. We have been witnessing a crazy fight between the bulls and the bears the last couple of days. But the bulls have right now a perfect opportunity to strangle the bears to death, and continue up, up up!! D4 will explain you why:
We are at this very moment looking at the 2h BTCUSD Chart.
1. We are finally above the descending channel and in an uptrend!
2. We will hopefully soon have a bullish MACD-Cross and the bulls will again take over control.
3. The RSI is pointing up, and we have plenty of space to continue our journey to heaven.
4. The volume bars are increasing even though we would prefer more volume (above the MA20 volume)
5. We have completed our needed retracement from Elliot Subwave 1-2 on almost 50 %. That means, that we now are on the 3rd Elliot Subwave which often are the longest and never the shortest!
6. The 1D and 4h charts are also overall bullish too.
So basically everything is bullish right now. And as you can see it all perfectly match with existent patterns. How we will manage to go through the inverse HS Pattern and so on.
What more do we want? If the bulls will not succeed in winning this battle it's like missing 3 penalty kicks in a row in football!!
D4 is everywhere
D4 predicts everything
PS. Please give a BIG LIKE and FOLLOW! D4 is looking so much forward to Wednesday where he will reveal everything. And D4 will make some of you guys RICH <3
GBPAUD (Bearish Breakout) - 4h ChartConfirmations for Elliott Impulse:
- 5 clear points
- 1 and 4 at same price (0.618)
- each retracement was confirmed with Trend-Based Fib Extension
Now after an Elliott impulse, there's always some type of consolidation, which is what we got with this bearish breakout.
I measured bearish breakout by placing 0.236 right below and we can see how it went straight for 0.886 -0.786 retracements and began bearish continuation, I expect to sell all the way to -0.27 (0.786 from elliott impulse at same price).
Good Trading. - 4h Chart
USDWTI (Oil)First we got a pretty good resistance with a double top, which means we have a possible 2618 trade:
- double top
- measure impulse
- wait for retracement at 0.618
Double top + 0.618 = 2618 technique
I measured bearish impulse so I could confirm areas with some Support & Resistance and we can see how each pattern or consolidation was formed around those areas, even fibonacci retracements respect those areas.
Also used some Support & Resistance on MACD to confirm divergence.
BAT PATTERN
-Left Leg
At first there's an ABCs formation right at where bearish Bat Pattern began, we can see how it went bearish forming an Elliott Impulse with 5 clear points and each consolidation that was formed respected fibonacci retracements.
-Right Leg
After an Elliott Impulse there's always some type of consolidation, which is exactly what we got with that double floor at the bottom, right after that retest it formed a pullback that I measured with Trend-Based Fib Extension, we can se how 1.618 - 1.414 area is exactly around bearish area.
We got 0.886 -0.786 area from Bat Pattern, 1.618 - 1.414 area from Trend-Based Fib Extension and 0.618 from 2618 technique all at the same area!!!
Good Trading. -1h Chart
LITECOIN is on FIRE - Will it make a last pump?Hi friends!
D4rkEnergY is back on an update on Litecoin. As you can see from D4s earlier chart on LTCUSD it went EXACTLY as predicted. We went down and the bear flag completed, after that we had a bounce and went up again and hit the huge resistance level at the 50 % Fibonacchi Retracement Level. Thereafter we went sideways for a while, and finally we broke through after squeezing the bears into the ascending triangle.... The bears gave finally up!
As you can see on the new 1h LTCUSD Chart, a beautiful Bull Flag is taking form. So, the big question is, will the bulls be able to make a last pump up to the 38,2% Fib Resistance Level? Or was the flag pole the end of our Elliot Wave cycle (EW5)?
If we take an over all look, at the EW-Cycle we haven't retraced that much, which normally predict that we are done and now need an Elliot Wawe Correction A-B-C. On the other hand, if we take a look at the shorter time frames (RSI, Volume and MACD), we still have enough room to finish our flag pattern and go a little higher before a correction is needed.
D4rkEnergY predicts it is more likely we will go higher and have a last pump! Let's see..
OUT
D4 loves you <3
UPDATE!!! Make 65 % PROFIT on BITCOIN CASH... WHEN this happen!Dear beloved D4-fans!
So here is a quick update, on the new situation with BITCOIN CASH. Here is the original chart.
So at this very moment it seems like on this 2h BCHUSD chart, that an ascending triangle has appeared (also on the RSI), which means that we might go a little higher and NOT fall through D4s (admitted) not so convincing HS pattern he made on his original chart. Also take a look at the bullish MACD-cross.
So the big question is if we break through, can we make 3 higher highers?? D4 thinks it will be hard, but its definitely not impossible.
If we DO NOT make a higher higher, but a lower high, we will go into the bigger descending triangle (pink/purple), which means that we will go down from there, and have the retracement D4 thinks is needed.
D4 loves u <3
BTCUSD (Cypher Pattern)Confirmations for Cypher Pattern:
- A to B must touch 0.382 but cannot exceed 0.618 (on this case B is at 0.5)
- B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension)
- C to D must touch 0.786 of X to C
- First TP at 0.618 of D to C (Fibonacci)
- Second TP at 0.382 of D to C (Fibonacci)
At this point I expect Bitcoin to be bullish all the way to 0.786, where pattern will be completed for bearish impulse .
Scroll down to related ideas and open up NZDJPY if you want to see similar Cypher Pattern.
Good trading. -4h Chart
EASY 90 % profit for the LAZY trader. Play NEO like a boss! Hello, D4-fans!
D4rkEnergY is aware of, that not everyone wants to sit in front of the computer everyday and look at charts and prices going up and down! If you also have a life outside the Crypto world, if you also like to spend time with your family, friends and girlfriend (or boyfriend), like to watch football and also loves to party in the weekends, then this trading opportunity is for you!
D4rkEnergY has made a guide to the lazy trader out here, who wants to make 90 % profit with minimum effort! Lets go, my beloved fans!
NEO is among the most bullish coins out there at the moment! If we look at the 1D NEOUSD chart, we only see bullish signs.
1. A perfect Elliot Wave 12345
2. A nice Elliot Wave Correction abc
3. The RSI is making higher lows
4. We just had a bullish MACD-cross
5. On the 4h chart we just had an EMA GOD-cross (EMA50 above EMA100 and EMA200), which means we are in an uptrend.
One of the core TA principles is that we believe in that history and patterns will continue to repeat it self over time. D4rkEnergY has therefore used the Trendbased Fibonacchi Extension tool to measure where you should buy and sell!
Follow D4rkEnergYs guide and you will earn your self about 90 % profit. You are welcome!
You can already start buying now!
OUT
D4rkEnergY is everywhere
D4rkEnergY predicts everything
BTC almost to it's best, current top?BTC, 4hr chart, using fibonacci circles, and trend-based fib extentions. Looks like we have a likely chance to close the 4hr candle above the .5 TBF, which should help us gain support as we used the same line as resistance 10 days ago.
Should this happen, I see BTC pushing up to $9900, and then correcting slightly back to the .5 TBF, until we get to the 4.236 circle fib (purple, 2nd to outside circle line). From here, we will have to reassess, but I'm not thinking we are going much higher before a significant drop.