StippWian

StippWian

This market is pretty significant. If we see any downside here, then gold will continue rallying as it has been doing over the past few weeks. I'm looking for one final drop in GBPZAR before a larger pullback into resistance

StippWian

The Dollar Index received a thrashing throughout the entire 2017, leading to most currencies strongly appreciating against the USD. This made for some good trading opportunities, especially for trend traders. If you missed this move, then you may get a second chance. According the the wave count presented above, the DXY may be correcting much deeper than a lot of...

StippWian

We might have seen 5 waves down in EURGBP, suggesting that we will see further decline for the next few days and possibly weeks. PLEASE NOTE: this can only be confirmed once we see a break of the significant levels noted on my chart! However, from a purely speculative point of view - I prefer the downside :)

StippWian

Looks like the decline over the past few days has been impulsive as expected. I've been waiting for this pair to start falling for ages, but it has been very stubborn. I think that we will contine declining for the rest of the day today but maybe tomorrow or the day after we can see a bounce. That bounce will be a great selling opportunity with an insane RR. There...

StippWian

Recently, we saw most Cryptocurrencies decline in value. This gave us a good buying opportunity in Ethereum because it held the 0.382 retracement, suggesting a wave 4 low was in. This suggests that we are likely to see a further rally into Tuesday and possibly Wednesday. We must be careful, however, since there is a signifiacant amount of divergence coming in...

StippWian Updated 

After completing the ((e)) wave of the triangle, the market rallied just as expected. I am expecting this to travel to at least $22,700 but more likely $27,700. However, in order for this to be a viable option, $14,150 needs to hold price and not be penetrated. If it is, then expect much more bearish movement over the next few days and weeks. I would rather...

StippWian

Today i'm visiting my favorite Forex pair to look at and discuss a very long term Elliott Wave count that it appears to have formed. It appears as if in early 2008, a 5th wave completed as a high. From there the market has been clearly corrective, ultimately going sideways. A Zig-zag completed into mid 2015 and from there we have seen a sharp move to the upside....

StippWian

Triangle looks to have been completed, we are now seeing the upside take control just as I said a few days back. Bitcoin seems to generate almost perfect wave patterns, making it a dream to trade and forecast. I will look for $20,000 to be reached within a week and then we will see how it looks from there. Don't miss any of these bullish opportunities!

StippWian Updated 

I am almost certain Bitcoin will smash through $20, 000 in the next few days, which is very exciting. However, I am pondering, if in fact, it can go higher before any major retracement. There is a chance that $25,000 will be hit and maybe even up to $30,000! The best thing to do is buy soon and hold, seeing where it takes us then having a simple, but effective,...

StippWian

I just wrote a lengths piece of analysis on this earlier but I lost it all. The chart explains itself here.

StippWian

On the weekly chart, it seems as if we are approaching a top that should give us a reasonably substantial correction sometime during 2018. However, on the shorter term, the market it still pointing up, and therefore, is still good to buy on intra-day and intra-week swings to the upside. Historically, the market finds some kind of resistance when approaching round...

StippWian Updated 

There is a relatively clear Elliott Wave structure on the lower timeframes and it certainly looks like this market is pointing up for the next few weeks or so. I am looking to buy on any minor retracements as long as $812 can hold*. We don't really have any divergence on the 1h chart, but may have when (iii) is carried up into the potential resistance zone....