GBPUSD continue to break out, looking for support for another buy.
Double brokeout of R and R1 resistances. + good news - new partnership!
Hi Traders, UJ is going through corretive structure, Wave (B) was ended @ 0.236 fibonacci retracement, the reversal for the Wave (C) was sharp and price actions are falling aggressively, i expect 0.382 f.r will provide a solide base for the trend continuation, using the fibonacci time zones to forcast the end of the Wave (C), it will be in the begening to...
going long on this one
#SYNX is following a clear pattern and is ready for its fourth wave. It has been consolidating and is currently bouncing off the support line. We can wait for a bit more confirmation to buy but this one looks good. Stoch is bullish and order book has very little sell orders. Fill a bag and wait.
We had a second decline around 40%. Was ABC correction already formed? On the other hand, RSI 1D might still get a bit lower (price to around 9k) to reach levels of previous corrections.
WAVES! WAVES IS MOST CERTAINLY GOING TO RETEST THE TREND LINE BEFORE BREAKING OUT OF OUR ASCENDING TRIANGLE AND WILL CONTINUE TO MOVE TO THE UPSIDE!
SPX500 [/symbol Look for this ALso I don t think there s much upside anymore a lot of stocks are looking overextended; if you re long any stock; consider some options plays that could hedge a potential downfall. Have a nice week!
This is a longer term look at BTC's upward pressure. After being forced to recount my Elliot Wave's from the former "idea" (short term look) I am forced to go back to the drawing board, find the larger waves, and thats what we are looking at here. I don't see BTC making the fall to 8k, 9k, or 10k, that so many have talked about. It is on its way upward. I'll...
This is a short term look at a small leg of BTC. This is an elliot wave break down of BTC over the short term. I expect BTC to test the restistance speed arc's and in time break the preliminary support of the last decline. I have not drawn a declining 3 wave correction after target completion - as I don't intend to support a scalp on this position. Generally...
As part of this longer consolidation there is a more complex WXY pattern to play out to 61,8Fib level which means we are now sonsolidating for the final move to 61.8 on daily TF. This ties perfectly with 1.0 ext of the W wave and the 61.6 retrace level of the larger time frame down move. White box looks like the sweet spot? Any pullbacks long till 61.8 level then...
GBPUSD has been steaming high however we can see a C wave ending diagonal forming right at the top where the 38Fib retracement of the last daily complete move. The 38Fib hasnt touched yet and still got to go a little higher. My view within this final top is that we are making a flat within the diagonal to make one more push up, touch the 38' Daily Fib retrace and...
EURAUD is at the bottom of the upchannel and broken out. Just making a little pullback and ready for a buy back to the top and potentially break through the top.
EURGBP within channel at moment however i can see a pattern developing to the upside and hit our 61.8 where we will find a nice sell entry for the ig longer term sell to the bottom