steveivan

steveivan

Hi, I got some update on ETHUSD view, yes it is still valid the B correction is on going, BUT.. it was really way out of our 1st trading plan that predicted the consolidation of B (on the perfect channel) was just over. However, the trading plan is still the same, we are selling ETHUSD to ride the delicious wave C. Let's go!!! CHEERRRSS...!!!

steveivan

Based on Elliot Wave perspective, the Wave C is now started, it confirmed by the broken structure of Wave B (consolidation move), and i will sell it with SL above top of Wave B. Lets go! CHEEERRRSSS...!!!

steveivan

See the S1 and S2, it is safe to say that if those 2 support levels can hold, INCO will go up to a very nice and sweet target above. CHEERS!!!

steveivan

TINS has broken its long consolidation and ready to take-off to the target (SEE CHART FOR TARGET 1, 2, 3), but its safer to buy it on a re-test or correction. Good luck! CHEERRRSSS!!

steveivan

I shared especially for mid to longterm investor, I believe that right now BBRI is still on a downtrend to complete its WAVE C of ABC correction. I have some levels to be considered for entry price for BBRI, first is as low as WAVE A (see the chart), and second is the supply and demand zone. So.. LET'S DO IT! CHEEERRRSS!!!

steveivan

From the R:R perspective, this stock offers a very good risk to reward ratio. My first target would be on the first gap above (red line). Tight SL is needed! CHEERS!!!

steveivan

From my point of view, the upward movement of NVDA has lost its momentum, it will not sustain for longer period and i believe the correction could happen anytime soon (this is weekly chart, so time frame probably in 1-3 weeks). Sell on Strength for NVDA, SL above the top. Good R:R trade! CHEERRRSS!!!

steveivan

it shows a good top formation on Dow Jones, exactly 161.8% external retracement, and strong daily candle close for the bearish. So i will go with the short and stop above the top. See you at the bottom! CHEERRRSS!

steveivan

As we can see, there are some sign of bearish trend on Nasdaq: - Daily candle showing strong bearish engulfing yesterday - The closing from last 2 days top out on its 88.6% fibo level - Rising wedge pattern as ABC correction been made and most probably has been completed WHAT'S NEXT? I believe bear will take control starting as soon as this week to several coming...

steveivan

My view on ETHUSD is bearish for the moment. The upside movement since last week did make a lower high and lower high, completed its triangle of ABCDE. Most of this pattern is the sign of continuation, which is to the downside. SELL around this level with the STOP just above the "c" is a safe bet, offers very good R:R. Good luck! CHEEERRSS!

steveivan

I just updated my chart and wave counting from the Bitcoin, nothing is change on the big picture, one more leg down is most possible scenario. The adjustment from my previous view is on the "X" wave that contain a-b-c correction showed longer and higher correction, but it's still valid as the "c" made 5 waves on it. So, i can see the "5th wave" of "c" of "X" is...

steveivan

BTCUSD is now retracing to it's 61.8% fibo from it's first drop. We wait for confirmation if the 61.8% will hold and the minor bear flag pattern will break. I am still aiming 50k to 52k for next target! CHEERS!

steveivan

I got an interesting view on BITCOIN while all bullish-ers and bullsh17-ers always talk about BUY BUY BUY.. I own Bitcoin and hold some of it, but i just sold a huge portion of my bitcoin and prepare to re-entry around 50k. I assumed the W-Y-Z correction is not over, and Bitcoin owe one more leg down to accomplish the "Z", which is at least as low as "Y", around...

steveivan

I prefer to split my entry long into 2 position, NOW and around the 78.6% fibo level. This set up is for mid to long term and it offers a very good R:R trade! CHEERS!

steveivan

Yes, you don't read it wrongly. After the shocking Fed's 0.5% cut rate yesterday, market reacted by pushing to the upside, but the force is not strong enough that could be assumed as the last push is being made, BEFORE THE DOWNFALL. Get ready for the huge correction on Dow Jones and "his friends" as S&P500, Nasdaq too. CHEERS!

steveivan

I put number on the chart as my reasons buying this CROUSD, i believe the correction is just over! And the GREEN ARROW will be the key level for buyer, watch out this green arrow, it should hold the price for now!!! Let's see point by point: 1. Correction is perfectly stop and reverse (see number 1) at the 78.6% fibo retracement 2. Correction is perfectly stop...

steveivan

As i mentioned on my previous post that Gold would move on it's consolidation and ranging area before decide the next direction, it is probably in line with the big fundamental event ahead which is the FOMC Rate Decision. In technical perspective i can see Gold is now potentially test again the support in order to complete its wave Y. I will keep buy on support...

steveivan

As i shared in my post before, i planned buying bitcoin for medium to longterm hold at 55k, 45k, and 35k. Today's price shows some indication that bitcoin is heading to 45k-50k. It could be a good level for re-entry or even a fresh buy around that level. LET'S GO BTC! CHEERS!