TradersMission

TradersMission

Hello to my few unique followers I hope you are all having a great start to the 2019 trading year. My previous post on EURUSD has been nearly perfect as the short has now come slow to its final stages. I pulled profits last night which was exactly 100 pips. Now we need to watch for the long opportunity. Price can still drop to 1.13600 to 1.13200 so be...

TradersMission

Happy new year! First post of the year and I hope 2019 is rewarding for you all. Sending off good karma to the tradingview community! EMA: Current 50 ema RSI: Oversold and crossing 80. A break of RSI Trend will further support bullish momentum Stochastic: Could turn for short time bull entry Wave Count: Could possibly be in a 3 wave X in my opinion of...

TradersMission

Hi to my followers, please feel free to reach out / comment and brainstorm. With extreme global woes with equity markets experiencing some major drops to begin 2019, recession gloom in the US while their government is facing issues locked in a battle, gold is shining and approaching $1,300. $1,300 is the last price level from my previous post that will indicate...

TradersMission

Hi to my followers, please feel free to reach out / comment and brainstorm. Yellow Prediction: Preferred scenario would be the major depreciation to complete the 5-wave structure. The other possibility is the fall to $1,220 which would also be the end of the Wave 2, with a longer term wave 3 to follow. Teal Prediction: Gold continuing to appreciate, breaking...

TradersMission

Hi to my followers, please feel free to reach out / comment and brainstorm. Have a safe and cheerful transition into 2019! Yellow Prediction: Preferred scenario as I definitely see short – medium term bull presence following the uncertainty of macro news and major equity market corrections. BTC sharing the fame with gold as a “safe haven” asset, and as evident...

TradersMission

#eurusd #dxy #usd #forex EURUSD approaching the 76.6% - 88.6% retracement of the prior range. Let current price break the high one last time before drawing a confirmed trend line across the trend lows. Once price breaks this trend line, we should see price challenge the following trend line and either find support or break through. Yellow projection:...

TradersMission

Final analysis for 2018 with XAU Gold advancing into the $1,265 region as expected and not showing any signs of a pull back just yet. I am still backing this fall to challenge $1,220 in the coming month of so of the new year. Yellow projection: Price could drop from current levels on a 1hr time frame, but overall could respect the red square. (100% extension...

TradersMission

#gold #xau #metals Gold is showing signs of slight exhaustion as we complete this 5 wave WXYXZ structure showing divergence amongst the two peaks of the most recent impulse waves through the RSI . The orange area is a fibonacci extension where price may find a deep sell off if not then, possibly now. If price continues into the extreme level, this may fall quite...

TradersMission

Following up on a previous publish last week as USDCHF is following the preferred arrows in yellow. Possible one more up to delete this short term correction before the fall.

TradersMission

Fundamentally the EUR is looking weak following the ECB announcement and issues with inflation. On a technical point of view I am seeing a slight fall with a major recovery to 1.14+ We are completing a triple three structure which poses to offer long opportunities. Yellow projection: Our preferred sequence to reconcile the November 13 to November 20...

TradersMission

EURAUD showing slight weakness for a short opportunity. 1Hr Bearish Engulfing and a 4Hr bearish engulfing. This is also completed a three wave structure to commence the C wave. Yellow Projection: Our preferred scenario to fall to the area of accumulation. Look for any sells through to this point. Divergence between two peaks of RSI and we have the stochastic...

TradersMission

The craft of trading is like solving the greatest financial puzzles using mathematical equations and behavioural structures. F Gold has been one of my favourite markets to trade due to its structure, and precious ability to act as a safe haven when everything looks gloomy. I am not painting gloom as yet, but will definitely capitalise on the next drop. Don't...

TradersMission

#USDCHF #Trading Yellow Projection: Price could strengthen from here and tag through the trend line. Don't be fooled by this imposter bullish sign, as we still could expect one more wave down to 61.8% to compete the 3 wave correction. Teal Projection: Second scenario would be crossing the trend line with great momentum taking price to $1.04. Don't be...

TradersMission

Could pull back to the daily trend line (green) but definitely looking for upside there after to meet the 50% retracement of the prior down move. Even a tag below the trend line wouldn't entirely mean bearishness, but at this point you could also look for flags to take the sells. Longer term the GBPAUD should strengthen

TradersMission

Being quite optimistic with this view but expecting strength in the EUR even for the short term. This current move could easily become an expanding flat of the overall B wave correcting our first 5 waves. I am looking for buys all the way to the 50% retracement between the High and Low of the 5 waves (the tip here would be only use the top and bottom of this...

TradersMission

Waiting for a clean flag breakout to retest the prior high. Sub waves indicate this could be a 5 -3 - 5 with the B wave being a running flat. Expecting 5 waves up to complete the zigzag hitting the 100% extension then pushing price down to break the $0.70 low. Notes: If we do get this bull run, watch the 161.8% extension as this could also be the wave 3...

TradersMission

Currently could be in its 5th wave after completing a ABC 4th wave. White: Preferred route before the next move up Green: Second scenario which would suggest the 4th wave is greater in length. Price crossed a 4HR trend line which retested but failed to hold support. This price broke the low of the B wave which indicates bearish movement on a 4Hr DXY looking...

TradersMission

Waves/btc is completing what looks to be a Expanding Triangle. The levels of on expansion do meet the rules and with a current D wave progressing, it is definitely not the best time to buy. DYOR and wait for it to hit the trend line. Hopefully at this point we find some nice volume, MACD confirmation on and a bullish reversal signal. Normally an ABCDE Expanding...