MoneyForNothingAndPipsForFree

MoneyForNothingAndPipsForFree

From a pure technical point of view there's nothing bullish about Apple right now. Potential targets are $210 and $200 and we should see some kind of reaction near or at those levels.

MoneyForNothingAndPipsForFree

Here's what I see for BTC. BTC retraced to the 61.8% Fib of the Jan. 2024 - March 2024 bullish leg and dipped slightly below $50. It has broken out of this giant bull flag, created a double top and I expect it to retrace back to around FWB:65K , maybe slightly lower , before it finally moves higher, all the way up to $85K. As you can see I've marked the FVG /...

MoneyForNothingAndPipsForFree

The current level needs to hold , otherwise it'll drop to around $3. On top of that it has been in consolidation phase for quite some time and the MMs need to make a decision. I have currently no position here and will sit it out , until the ER drops in five days.

MoneyForNothingAndPipsForFree

The way I see it we're still in a strong bull trend, supported buy unusual high buying volume. My next key levels are $50 and $55.

MoneyForNothingAndPipsForFree

EURJPY is still very strong and will continue climbing here , there's around 1000 pips to be made here. The big boys need to mitigate the previous bearish orange order block. I've used a Renko chart to represent price and price action. As you can see a nice base has formed during the second week of September, followed by unusual high bullish volume in the first...

MoneyForNothingAndPipsForFree

Pretty straightforward bullish trade here. The weekly timeframe is key and Doge is primed to go to 17-18 cents and higher. The boxes are order blocks identifiers (blue & green = bullish order blocks / red & orange = bearish order blocks) As you can see price has shot out of the bullish order block and MACD is also pointing to a continuation of the move higher. Our...

MoneyForNothingAndPipsForFree

Looks like CHFJPY has completed the uptrend and is now reversing. My first potential take profit target is around 70 pips to the downside, don't exclude it going lower and giving us almost 180 pips.

MoneyForNothingAndPipsForFree

Here's what I see for Tilray. Looks like we're in major wave 3 and I expect price to top out at around $2.50 -$2.60 and close the gap from April. From there it should retrace to slightly above $2 and then rip higher.

MoneyForNothingAndPipsForFree

This pair should continue dropping, straight into the imbalance (blue box). Price trading below the fast moving averages and MACD is showing a downside convergence.

MoneyForNothingAndPipsForFree

This pair should continue dropping, straight into the imbalance (blue box). Price trading below the fast moving averages and MACD is showing a downside convergence.

MoneyForNothingAndPipsForFree Updated 

Here's what I currently see for Bitcoin. A drop to the vicinity of $62K looks like a good RR trade.

MoneyForNothingAndPipsForFree

The way I see it the big boys are trying to create the right shoulder of a H&S pattern here, so price should retrace slightly to the upside from here, preferably to the 61.8-67% fib sweet spot and continue dropping from there.

MoneyForNothingAndPipsForFree

I remain bullish on this repair and have a long position all the way until 4. We did complete a textbook 5 wave structure to the upside and I expect the move to continue grinding up all the way to the FIB cluster at around 4. I have marked two potential take profit zones (blue boxes) with the upper one also showing the imbalances that need to be taken out by the MM.

MoneyForNothingAndPipsForFree

Here's what I see for BTC, it has created a nice inverse H&S pattern and is currently gunning for $70K which happens to be the CME call wall. MACD histogram is also showing convergence, so I think that's a pretty straightforward move here.

MoneyForNothingAndPipsForFree

EURGBP formed a classic double bottom by bouncing off the March 29th low and is now set to take out the imbalances in the green boxes. Happy trading.

MoneyForNothingAndPipsForFree

The majority of alts is still dropping, meanwhile ZRX has formed a nice double bottom on H1 and here's my outlook for a quick scalp trade.

MoneyForNothingAndPipsForFree

To me it looks like the cycle is almost done and price has almost fully retraced back into the demand zone. If this price level holds we'll see another leg to the upside.

MoneyForNothingAndPipsForFree

Stellar is setting up a new bull run and my take is we'll see prices above $1. Right now the 3rd wave of an intermedia wave count is on and the area around $0.30-$0.38 is a perfect zone where price should try to get to.