EJSM

EJSM

Market broke above Monthly Bearish Trend Line - T1= 1.2

EJSM Updated 

Be observant for this potential breakout to $80

EJSM Updated 

Market is currently testing bear trend and support @ $4.24

EJSM Updated 

More potential downside if the market consolidates and retains it's price of about $6,750 - for the next 3 - 10 days

EJSM Updated 

We broke above the bearish trend line, market may test resistance @ $1.04 if broken above we can wait and see for a move to $1.10 and/or above. Keep an eye out.

EJSM

Wave Cycles demonstrate the progression of our current bull run. RSI is indicating that the market is over bought and has been for the last week. $51.79 is a 38.6 Fibonacci Retracment Level / Target 1

EJSM Updated 

Market broke above bearish trendline - Will it follow the new bull trend or find support on psychological support level @ 1.0762? Keep tabs on this one!

EJSM

I try my best not to use complex trading patterns in the crypto space only because trend line analysis works very well, but when my brain sees a familiar pattern, I get all excited - Here is a gartley pattern formation for XLMXBT with beautifully executed levels and the trading wave reaching near the 38.2 retracment level which is a resistance level for XML -...

EJSM Updated 

Dash broke right past a bearish trend line on a H2 chart - this can be an indication of a potential bull run ... Thoughts?

EJSM

WTI has been bullish for two consecutive week and is now at it's highest level since early August. The RSI has indicated an over bought state meanwhile the market is showing a Cypher pattern forming. It's met all my rules so far and am now waiting for D wave to complete. Will be keeping tabs on this trade- Good Luck!

EJSM

In this analysis, I believe that the market will make a 38.2 retracement of wave A. (WAVE A: Bullish commencement - Potential Bear Wave/Consolidation ) Note that the dashed lines within the 38.2 area represent a channel of past support and resistance. If my hypothesis is correct, then the market will return within that area. I'm mainly focusing mainly on...

EJSM

Bat Pattern seems to have formed just waiting for a full completion- at 88% RE

EJSM Updated 

POTENTIAL SHORT OPPORTUNITY - CYPHER PATTERN COMPLETION If pass above 1.11351 this idea will no longer be valid. Will be updating this idea on Friday morning. Happy Trading ;)

EJSM Updated 

Potential Cypher Pattern. Finishing leg C. As long as market does not pass 1.38910 this idea will remain valid. Note overbuy on RSI indicator. Lets see how it rolls out

EJSM

Potential Cypher Pattern, Awaiting completion to execute trade. Will update within the coming week.

EJSM Updated 

This is a support theory to why I believe EURUSD will be up within the coming months, Momentum and RSI indicated over buy. It seems like we are completing a wave 3. Other analysts suggest it may be completing wave 5, but the dip (correction) wasn't long enough in my standards to justify it as a wave 4 (1700 area) Let's wait and see.

EJSM

Fundamentally speaking, whatever goes up must come down, but the question is when. BTC has been proven to the new XAU. From a technical stand point however, I anticipate BTC to go up higher. Then dropping down dramatically on the macro level. At a micro level, here, in 120, we can note that we're in a corrective state, after completing the final wave 5 of...

EJSM Updated 

Trend, support and resistance trade. Currently in this trade long for Target A 1.07989 Target B 1.09005 NOTE* Market is currently respecting the weekly trendline (blue) and past resistance levels (1.06880) Happy trading and don't forget, trade at your own discretion not anyone else's.