Bitcoin BTCUSD Update If you got long again at the ridiculous hour of 11.30 pm est you're hard working and deserve your 400 points reward. Weirdly the crypto chat room was quite quiet with a guy from London waiting for the BCH burst to top out so he could bail out and fade the consolidation. London's finally catching on. 2018 will be so fascinating and fast...
GBPUSD Another Dog that hasn't Barked Today's price action shows big spikes either side of current price, denoting uncertainty on both sides of this fight. But GBP has stood strong as the Dollar surges...what is it likely to do when the Dollar stops? Sterling has spent all year defying the bears. By the look of the flag now forming that situation looks unlikely...
AUDUSD formed a 2x2 candle pattern on the 4h chart.
CADJPY has formed a 2x2 candle pattern at a resistance level. The level is not that strong. I would suggest to take partial profits at a 1/1 risk/reward. Place a sell stop order @88.045
EURJPY formed a 2x2 candle formation against a major resistance level. Put a sell stop @133.544. If the order gets filled, aim for a 1.5 risk/reward.
Hello All! Gold tried to breakthrough line 2-4 of the major pattern (dark purple) and formed another minor bearish WW formation (yellow): If yellow wave is successful, it'll finalize the creation of major purple project. Opened 6 short positions with SL slightly above the recent peak (yellow point 5) with TP at 1267/1256.
After a final inspection after the market played out overnight it does appear to finally be in position for a a bull run. The 10/18 impulse wave ended on the 4th wave and started a diagonal triangle formation. The 4th wave overlapped into the 1st wave thus ending the initial 10/18 impulse wave and a beginning of the of the diagonal triangle formation. The support...
Ethereum recovering after three wave decline as we already mentioned in earlier updates and we are still tracking big triangle. We see a broken channel resistance, which is a signal for higher prices. But typicaly for triangles, we see limited upside and expect only three waves A-B-C up into wave D. ew-forecast.com <- Visit for more Cryptocurrencies FREE Analysis!!
Recent news has led to an increase in volume off a higher low. Has potential to break 1.94, then 2. Enter below 1.94, risk under newly formed "base," approx 1.80. Target 2.15+. Volume isn't crazy high relatively, but with a breakout it could begin a parabolic move. I could be too early, but I'm willing to take the small risk. Weed stocks could get a boost very...
Hello, All! USD Index TVC:DXY is currently forming the slightly incorrect bearish Wolfe wave. I would like to underline that this pattern is not a classic one as I'm ignoring extremely long lower shadow of the candle at point 4. After August NFP/employment/wages data missed forecasts, the USD crashed badly in just 1 min, but returned back to the pattern's...
Looks like a bullish pattern is beginning to form! Just need that handle! :D
watch for DXY breakout , if it finish flag formation then ready to retrace to 96.
After inverted head&shoulders formation we can see forming now cup&handle formation. It tells about upward movement in few hours.
After breakout has UJ some up potential to the horizontal line.
Let us see what will give us this setup, do not trade until it confirms I am waiting to go short
may have a pattern, let's see what happen
Yes im still long btc based on buying the ascending triangle breakout . I LOVE BITCOIN MAN <3
2nd idea, we're looking for a double top, this trend probably cannot go over the structure, so let's see what happen when market opens. Meanwhile have a cup of coffee best regards