DanielParra99

DanielParra99 Updated 

On 4h Chart I managed to find this Bearish Cypher Pattern, on chart youll see all the steps and how I confirmed it. Good Trading.

DanielParra99 Updated 

Right now EURUSD is on a resistance, first its restesting and with Trend-Base Fib Extension I measured three retracements (3 different triangles), Basically you have to measure the Higher High between a retracement and swing all the way down to form your triangle and get your measures on top. 1.272 and 1.618 are the areas that tell where its going to turn back,...

DanielParra99

I manage to find a Bearish Cypher Pattern, B consolidated at 0.382 retracement and did not exceed 0.618, B-C must touch 1.272 of trend extension and -0.27 of the Fibonacci, C-D reaches 0.786 retracement and completes our Pattern, now its free to short and first TP is at 0.98423 (0.382), second TP at 0.98006 (0.618)

DanielParra99 Updated 

We can see Eliott Impulse been completed and began consolidating with ABC formation, plus divergence on MACD. I measured first wave and got 550.6 pips, multiplied by 1.618 gives you third wave (550.6 x 1.618 = 891.03), on this case we can see it didnt give us the fifth impulse, but it gave us area of consolidation and reached point 5 of Eliott Impulse. Now Im...

DanielParra99 Updated 

We can see an Eliott Impulse been completed and started consolidating, If we multiply the first wave x 1.618 we can see it gives us the distance of the third wave (area of consolidation), we can even see some ABCs been completed on the down trend, We also have a bullish Head and Shoulders, just broke the neck and started up trend. I used Fibonacci to measure...

DanielParra99 Updated 

Used Fibonacci to measure bearish impulse, 0.236 retracement just below consolidation, we can see an ABCs been completed by respecting 0.618 retracement. This could be traded with a sell stop at 0.236 or look for retracements earlier. - 1H Chart

DanielParra99 Updated 

We can see an Eliott Impulse been completed with a consolidation forming ABCs, it reached exactly at retracement 0.618 and started down trend, and MACD has divergence. Scroll down to see Eliott Impulse - 1h Chart

DanielParra99 Updated 

Clear impulse with an ABC consolidation, I used Fibonacci to trace first TP, it could be traded with a Sell Stop at 0.236 retracement and TP at -0,27 (170 Pips) - 4h Chart

DanielParra99 Updated 

We can see a type of triangle going on on this Cryptocurrency, we have an Elioot Impulse wich was the top and started consolidting, ABCs going on and I used ghost feed to show what Im expecting to happen, scroll down to see Eliott Impulse.

DanielParra99 Updated 

Im trying to catch an Eliott Impulse, we can se the first wave been completed (areas 1 and 2 of the Eliott Impulse), right now its going for the third point of the impulse, then it has to retrace to 0.618 level of the fibonacci where the fourth point of the Impulse will be completed ( areas 1 and 4 of the Eliott Impulse has to reach the same area). So now we are...

DanielParra99 Updated 

Impulse of Eliott was completed with 5 points and continued with an ABC, now we can see a type of Ending Diagonal going on, its about to reach point 4 and if it respects tendency its going to be a good short

DanielParra99 Updated 

Ending Diagonal has been completed, point 1 and point 4 have same area wich confirms ending diagonal, I expect it to short.

DanielParra99 Updated 

We can clearly see ABCs is completed and got an impulse - 4H Chart

DanielParra99 Updated 

Expecting to respect trend line and short (Daily Chart)

DanielParra99 Updated 

Waiting for possible ABCs, waiting for consolidation, theres 3 resistance points 1296.69, 1258.78 and 1229.56 (Daily Chart)

DanielParra99 Updated 

posible short position if it breaks the trendline

DanielParra99

Now that flag is there I expect it to go short.

DanielParra99

Waiting for consolidation then go long