j_nathan

j_nathan Updated 

hey why not so many BTC Bulls lets have some fun and play with a BTC bear chart 5300 target at least its good practice for the CME contract coming this winter :D cheers and beers!

j_nathan Updated 

Looking at a simple AB/CD move. So far we have satisfied 50% of the AB move retrace. Bearish goal is in the $407 range.

j_nathan

Keeping an eye open for new lows or double bottom in the current range. The upside is well worth the wait.

j_nathan

2400 it is

j_nathan Updated 

see chart

j_nathan Updated 

Looking at a simple MACD cross on the 4hr Exit short trade at 371

j_nathan Updated 

Wave 4 has been confirmed. Hunting for a top, current 1.618 retracement @ 130.468 Final Wave 5 target is 107.023 (clone of Wave 1) If the pair exceeds 130.468 Wave 5 target will be adjusted.

j_nathan Updated 

Trading USDCAD sparked an interest to play with futures. So far the FastBrokers Pathfinder demo test-drive is fairing well. A bullish reversal in the USDCAD 1.26 range is possible. So the study is for CADUSD futures contracts possibly turning bearish in the upper .78 down to mid .78 ranges.

j_nathan Updated 

UCAD is 180pips away from a confirmed Head and Shoulders, weekly study. Watching price action this week for bear continuation or bull reversal (see my USDCAD Bearish Butterfly study below). Also keep an eye on EURUSD staying above 114/115 range and of course any Oil fundamental reporting.

j_nathan Updated 

Note: I have another Long bear study for this pair. While this pair remains in a long Bear channel, it did not take advantage of a recent double top and is actually staring at a significant double bottom. It may seem crazy to think EURUSD can race towards the 1.20 range but looking at some very simple averages we can see even racing all the way up to 1.25 still...

j_nathan Updated 

see chart for notes this one is simple and thats all we really need sometimes

j_nathan Updated 

Dbl top formation candle (tail) 01-16-2017 @ 1.1301 Set alert: GBPEUR @ 1.0809 "Weekly dbl top confirmation" Target 1.007

j_nathan Updated 

Whenever discussing the multi month BTC run up I always said "volumes speak volumes" and the volume was never here to support it let alone sustain. Expecting some new recent lows in the high $1700 range. If BTC breaks $1600 a 50% devaluation from the current price is not unrealistic. Note: last summer BTC was trading in the $750 range.

j_nathan

Currently in the BC formation AB .382 confirmed .886 potential (in play) Key candle prices marked with Ray and notes.

j_nathan Updated 

Legs A,B have completed. Leg C is in process but has verified a Fib retracement .382 Leg A-B (.75245) Leg C still has potential to operate downwards towards Fib retracement .886 Leg A-B (.72274) Current targets are now Leg B-C 2.618 (.83196) if we do not retrace down to .72274. Otherwise the target changes to a much higher price point. Enjoy and GLTU

j_nathan Updated 

please review a 1 week Div for the USDMXN pair Fib re-trace will provide key prices to look for while we hunt those all too important candle patterns I would like to recommend hunting 1 day candles, look for a Bull Fractal before entering the game potential bottom: .786 18.11755 potential breakout: .618 18.95532 take profit .382 20.13218 remember this is a...

j_nathan Updated 

Really this is my best work yet Feel free to print and hang over the fireplace

j_nathan Updated 

Seeing a couple confirms for EURUSD Bearish slide down today. Will see how the Sydney session plays out before posting any update impressions.