Sideways OANDA:USDJPY . Keep an eye on the resistance and wait for the bounce. RSI looks good. Tight profits for this one. Remember, FX can't be predicted. See yah.
U.S. Gdp Advance news coming very soon as well. goodluck with your trades,analysis makes everything clear.
Good day, All! The daily bearish DXY project is currently forming. Once point 5 is shaped, it can provide quite an interesting short opportunity. If this pattern works, it may also signify the continuation of the major bearish trend which started back in the beginning of 2017:
BTC/USD The third wave has just started and it corresponds with a fib level of 5900, it should reach that level within 16-24hrs. We are still within 70% volume profile, RSI still oversold and momentum is picking up. See you at 5900!!!
EURUSD has been forming major long project at Daily time frame since mid Aug 2017. The internal structure of the pattern consists of the waves at lower time frames (H1/m30): If successful, the minor bearish pink wave finalizes either blue pattern or in case of its breakup, will go directly to the point 5 of the yellow major wave. Currently, opened 4 positions...
Currently we have ended the diagonal triangle formation and it appears after extensive market movement and several re-adjustments of my chart (E) 5th wave of the diagonal triangle formation hit a pivot below the 0.618 fib line at 5405 and is currently hovering around the 0.618 fib line. Currently momentum and volume are rising with the potential to finally hit the...
(Re-adjusted chart due to volatility) 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...
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...
Classic bullish Wolfe wave is being shaped at Daily and technically speaking it is looking quite promising. However, it contradicts the previous short setup which is working right now: Once gold reaches point 5, it will be at the very same area as previous resistance line II-IV. The outcome of this fight will decide further long-term trend.
Ethereum declined exactly from our projected level of wave d and it's very probable that we are still in a big triangle, so we assume that Ethereum is facing final wave e down to 250 and 61,8% Fibo. retracement, where triangle may come to an end.
As the BTG fork approaches my current analysis indicates a potential bull rally after the fork. Currently we are in the 5th impulse wave from the 10/18 beginning impulse phase. Currently the price has hit a support, the point of control of the current volume profile and RSI is oversold. All of which indicate a potential pivot for the last leg in the impulse phase.
Read about this and wanted to give it a shot! I'm sure there's software that can do it much faster than me, but I gotta say, the experience definitely taught me a lot about the science and psychology of how to look at trends and data!
if price cant breakout 6300 level and going down to break 5800(50/50 levels) then price is dropp off. if price breakout 6300 then price will be going to up levels.
Aussie rejected twice the MA200 and 50% fibonacci retracement. Actual candle is broken the correction line. We can expect some bearish movements the next days. Pattern will be confirmed if Hourly candle stays below TL.
Hi followers, it seems, that my last Count was a Little bit wrong. Now I present you a new counting. It seems, that Wave C have now started... Wave C consists of 5 waves. A good Chance to pyramid some positions. The shortsetup confirm 3 indicators = the divergence and break of rsi... and of course the strong Impulse. The elliott wave counting maintainance this...