Wavestructure
BTCUSD - How to play?Scenario 1(in play):
As mentioned in previous analysis BTCUSD may draw potential ABC correction (5-3-5). We are about to continue this patten. Look for another flag on lower time frame (1H) just below broken bigger flag (4H) around 1st,2nd january of 2018.
Scenario 2(bullish):
Buy the breakout of the downtrend trendline
I will adjust Targets as we see what trade we will get.
Trade responsibly.
PAY TA Long term strategy - $5 - $5.30PAYYSD
Pay follows pretty much a similar trajectory as other alts like IOTA or EOS. No surprise there. First Elliott wave needs to be confirmed that is why you should not get into.
Wait for it to be confirmed and buy it's dip. It should follow the trend line when bouncing up. More updates as it progresses.
ABC PATTERN IN EURAUD - 4H CHARTHey Traders,
Just a re-analysis on this. Still looking for a sell to trade the C wave of this possible ABC pattern. Now it could start the impulse before expected (red). If you want to trade this look for a correction or a flag and sell it to the low at the end of Wave A.
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Hola Traders,
Simplemente un re-analysis en esto. Sigo buscando una venta para operar la Onda C del posible patrón ABC. Podría arrancar en impulso antes de lo previsto (rojo). Si queréis operar la venta buscad una corrección o una bandera para venderlo hasta el bajo en el final de la Onda A.
Carlos
GOLD short term buyGold is more likely to give us another impulse up as part of its correction before we start falling down.
The squeeze we are actually getting now is perfect sign of a buy. The more we squeeze, the better and more certain the buy will be.
Your TP should be around 1290.00 area.
Don't miss it
SHORT TERM MOVES IN GOLD - 1H CHARTHey guys,
As long as we don't brake the last orange low level we have a nice flag as a buy set up. However, watch for the moves drawn.
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Hola chicos,
Mientras no rompamos el último bajo naranja tenemos una buena bandera como oportunidad de compra. Sin embargo, estad al tanto de los movimientos dibujados.
Carlos
ETHUSD short term sell and long term buyI have had this chart for a few weeks now and i thought about sharing it here in case it can help someone.
ETH is going to touch the $135 area. Around $190 we can look for a consolidation or maybe a small retrace(mostly consolidation, i don't expect retraces on ETH) and the sell the flag(breakout).
If you go short think of closing your sells around $135.
If we break that "support" on that area then we will most likely reverse and continue for a bigger up wave.
To sum it up, go short whenever you find an entry between now, $206, and $190. If you have a big margin, you can even sell now.
Close sells around $135 and when we break that support wait for retrace to buy long term.