Bitcoin WEEK 22 I will in posts below go further into the Bitcoin analysis using the technical analysis toolbox. Last week I stated covering the $BTCUSD trade. I will ahead pay special attention to this pair. You will therefore find a variety of analysis' here. Feel Free to drop a comment or chart and let's nail the trade like we did last week when Wave 3...
Running into resistance at middle of the the channel /USD I will in posts below go further into Bitcoin. This is only the beginning chart. Best to your trading WALLSTScalper.com René
Irregular Barish Bat near completion. Levels to watch for completion are two due to its irregularity but I see the 0.8662 levelas being the one price will react at. Have to break trend line for initiating a short. Best to your trading: WallSTScalper.com René
BTCUSD in a parabolic move Where are we to look for a possible level for a short** 2227 is my level to look for a possible top for wave 3 in the wave up from wave minor 4. It's too early to say where this parabolic move will end, but parabolic moves normally end with a sudden burst of the bubble. One of the few Elliott Wave rules says: The 3rd wave can't be...
BTCUSD in a Harmonic Bearish Butterfly Building divergens... Action: Look for MA to roll over/confirmation for going short. PRZ at: 1,971/72 Target 1 : 1,830.6 Target 2 : 1,786.8 Best to your trading! René WALLSTScalper.com www.investfeed.com twitter.com stocktwits.com www.facebook.com to mention a few.... ;)
$Kalv setting up for a potential Bearish Butterfly But it's still early to say for sure !!! PRZ will be 9.33 I expect only to see T1 (8.28) happening due to - a completion of the pattern will break an important resistance line going way back. That could send the price of this stock very high. (Gaps to be closed). T2 come in at 7.61 Time will show! Best to...
Bearish Shark Have first to be traded when it reveals itself as either a double top or harmonic Shark pattern. The shark pattern could be tricky though! We could see only a backtest of the break out and up, but would of cause then still give a nice trade and gain too. Have to see as it expires. Stay Sharp, Charts at WALLSTScalper.com
IHS is setting up This chart is made for the FREE BLOG at our website. APC is setting up an IHS -though not symmetrical. A timeline for possible breakout has been drawn in to show where a symmetrical breakout could be expected. It's not to say by this chart if we will see a deeper pullback as it happened on the left shoulder. Indicator not showing divergens so...
Possible double top, 4th wave triangle or push through The Fourth Wave Conundrum and Pseudo-certainty in play. Nothing is for certain in this instrument. It's therefore not an object for investment right now. Does that mean the analysis is in vain. NO! It gives us the opportunity , when uncertainty is resolved we will with high probability know what will happen...
Possible IHS This chart is made for the FREE BLOG at our website. DK is in an almost symmetrical IHS pattern. As always...only becoming a valid pattern with a decisive break of neckline. Resistance right now at Gann angle and showing negative divergens.Have to take both out. Target: 29.50ish Stay sharp on charts at: WALLSTScalper.com Our specialty is...
Bullish wedge, IHS If traded the right way. This setup lines up a possible 6 dollar trade. $AAL is coming out of a classical bullish falling wedge by breaking falling trendline - after making a bear flag. Price is now being stopped at dashed trendline setting up a neckline for a possible IHS. If neckline breaks... Target will be at the upper trendline....on...
Wedging & Bullish Cypher This chart is posted at our free blog. Made a Classic TA falling wedge and setting up for a 2 ½ dollar bullish move. PRZ is in T1: 59ish T2: 60ish We are long already. Stop Loss...That's where our website comes into play. Stay Sharp on Charts at: WALLSTScalper.com Our specialty is trading the futures live - giving signals to...
Potential Bearish Butterfly This chart is posted on our free blog. Have to clear the 15 dollar handle. PRZ at approx 15.60 Can be played long with caution on the way up and traded short at PRZ We only set a T1 at where it's traded now for this trade but will most probably make an ABC correction back at where it's traded now. We choose only to trade it up and...
PRZ at 9.76 Target 1: 8.40ish Target 2: 7.59ish Have to take out the 8.50 handle for this pattern to play out. We'll trade this pattern long to the PRZ zone being montering it and then trade it down for the target mentioned above. $KALV is about to get in geometry balance This biotech company shows all indications on going higher. Just got above EMA100 on...
Multiple harmonics in play...but which to play? Intuitive chart shown a possible Bullish Shark in spe. BUT, patience pay here...confirmation everything Close up chart is what to look for read text o chart for more info. Best to tour trading WALLSTScalper.com
SHS & GAP play Crude still having a gap in USOIL (the chart) to close. Timecycle suggest primo february for break of neckline and for the S-H-S to pan out. We are neutral after today's sell off and see a bounce here. Next trade will be at break of neckline. More free charts on WALLStScalper.com/Blog including chart of todays breakdown in SP500 Best to you...
3 drive to a top & 5 point reversal pattern Both patterns are reversal patterns. Target 1 will give approx. 170 points or a 12% drop. Target 2 will give approx. 276 points or a 20% drop. Best to your trading WallStScalper.com www.wallstscalper.com
The beginning of the 1st wave of the major 5th - to new all time high If the 5th wave has started; The first condition is to get a higher high above 1882.10. That will be 1880.6 on the cash SPX chart Enjoy my linked chat below aswell. I gather all my chart at: Face book WallstScalper Twitter: @WallStScalper Stocktwits WallStScalper Webpage coming...