steveivan

steveivan

The ABCD Cypher pattern formed in daily chart is still valid even after a big US Non farm payroll data released. It showed a good formation to start a strong bearish movement anytime soon on the upcoming week. I will sell EURUSD in every bounce in the next week! CHEERS!

steveivan

Silver's correction has touched to the 61.8% fibo level perfectly, if the daily close around this price or even higher, it's a great potential for a solid upward movement in some coming days. CHEERS!

steveivan

I could say that Gold is still on the undecision-mode, yet we can expect a pullback (for intra-day trade) from this level, which is a strong previous resistance that become support. It's good level to buy, take advantage of its consolidation move, before Gold decides to go further to the upside or else. CHEERS!

steveivan

The MACD showed bullish divergence in the daily chart, it's confirmed the wave 5 of C is over. I do believe the bottom has been formed as end of wave 5 of C, so now we are heading to the upside! Let's go! CHEERS!

steveivan

From this level, EURUSD shows a good potential to drop at least to 1.0950 level. SL is around 1.1210. LET'S GO! CHEERS!

steveivan

Hi.. Just want to update my view on Bitcoin today.. This morning Bitcoin made 2 important touch on it's consolidation area (the triangle).. First touch this morning was the false breakout to the upside, then right after that false break, price went down and touch the lower base of the triangle. The triangle itself going narrow and narrow, and it will determine...

steveivan

I just open short position in Nasdaq, the reason is 2: 1) Price is now at the very strong zone: supply zone & fibo level 2) The rally for past several days is not backed up by volume, so i don't believe it's a strong uptrend, but a correction/ consolidation. Let's go.. CHEERS!

steveivan Updated 

The last upward movement showed a sign of reversal, especially in the H4 chart. It offers a good RR for short position from this level. CHEERS!

steveivan Updated 

intraday trendline has broken this morning, it will lead to wave C of a-b-c correction, i am looking to re-entry (buying) around 54k to 56k. CHEERS!

steveivan

From EW perspective, it's at the a-b-c correction for the wave B now, means next possible movement is to the downside to complete it's wave C. However the B could possibly extended to the next fibo levels, i just opened my partial sell from this level and i am looking for average sell if the price goes higher. CHEERS!

steveivan

Gold made several attempt to break the top resistance, but failed to do so. I believe next impulse movement should be to the downside. Aiming 2430-2440 for the first stop.. Will update again if it can go further, my main target initially is 2350-2360. CHEERS!!

steveivan

Based on the EW perspective the ABC correction on Gold has been completed, it lied exactly at the 61.8% retracement and also 100.00 expansion A to B. So i can confidently say next movement will be down to 2,350 area. CHEERS!

09:42

steveivan Updated 

I got a chance to share my analysis with this video. I hope it can show everyone why do i so bearish on Gold. The Thursday and Friday close even make my confident more and more about the potential downward continuation next week. Good luck! CHEERS!

09:14

steveivan

Bitcoin showed some shocking movements to the downside, but i still do believe the target of 100k - 125k will be reached within 6 to 12 months. I bought and i will buy again around 52k to 54k level.. GOOD LUCK! CHEERS!

steveivan

Based on Elliot wave analysis, i saw ADAUSD has completed its wave 2, right at 61.8 fibo level, or it can be possibly find as wave B of its A-B-C correction. Either way, it's time to go up.. Take a look on the chart to see my 1st and 2nd target. Good luck! CHEERS!

steveivan

Highly potential of reversal on USDCHF right now as we can find a Falling Wedge Pattern and also strong divergence. I believe this trade offers very good R:R, with 40-50 pips risk and potential gain 150-200 pips. Let's go!!! CHEERS!

steveivan Updated 

It's a good R:R on this level to short Dow Jones Index prior to the news. It's on the fibo level and the upward movement looks like a correction only. SL above high, TP is open now! CHEERS!

steveivan Updated 

I could say that the top at $2,483 is a reversal point for Gold, and since the top reached, market had a reversal and now we are facing one way to the "South". Keep in mind that i plan for gradual entries using multiple Fibonacci levels and supply/demand levels. I am confidently say that this set up could be the last big movement for Gold in this year of...