elevatedinvestor

elevatedinvestor

POTENTIAL BEARISH BAT PATTERN In my previous USDJPY Analysis I broke down an overview of what is going on with this currency pair. Price is approaching our resistance near 114.00 for the third time on the daily . It has struggled to really break this area. This is just a potential setup. Not a trade. We are currently working within a Daily Bullish Channel and...

elevatedinvestor

My thoughts are written on the chart. Enjoy!

elevatedinvestor

It is all a game of speculation. We broke the Daily down trend and closed with a new high. However it looks like the bullish energy is pretty exhaust from it's battle. All indicators are showing a bearish trend. I will say this down trend was almost 12 months long so price isn't going to just sky rocket from the break. It will definitely need time to switch gears....

elevatedinvestor

Current Trend: Bullish Look for longs. Blue zones will be my targets. First, I want to see what happens in this current consolidation we are in. The bullish run has been looking weaker but it could just be catching it's breath. If there are short opportunities on the smaller time frame, just remember to know what you are operating inside off.

elevatedinvestor

I will be looking for opportunities to buy until trend shows me reasons I shouldn't

elevatedinvestor

Still Bearish until proven otherwise

elevatedinvestor

Riskier play going against the bigger trend, need to wait for confirmation on the head and shoulders. Price could very well climb $10 if it closes above the head on the 4HR

elevatedinvestor

As a Forex Trader who lives in the United States and trades many USD based pairs I frequently refer to multiple indexes that represent the possible strength and trends of the Dollar. I would like to share this post for the spectators and students of the markets. The chart on the left is a 2-Week chart representing a four year uptrend of the S & P 500. The...

elevatedinvestor

We just broke 4HR trendline that was drawn on my previous analysis, if we see a 1HR close (in 3 minutes) that forms a tweezer top pattern I will not be surprised if we then see ripple drop in price. If we can get a close outside of this range then we will have strong confirmation. This is all fairy dust though until this thing closes. We are also below my 200...

elevatedinvestor

Looking at the 8HR time frame you can see that BTC has made a pennant/triangle pattern. (continuation pattern) #1. Using our Fibonnacci tool you can see that the swing high to swing low retraced just about to our 38% Fib Level. When I trade triangles I look for the retracement to be less than 38% because it shows there is enough momentum there (in my...

elevatedinvestor

No hype. Only facts here. We have a pennant forming on the 4HR Chart. This whole year has been a more bearish then Leo Dicaprio getting mauled in "The Revenant." Until the weekly downtrend gets broken (with a close) I'm still bearish on XRP. I'm curios to see what direction we break too. I would love to see the down side because I do slightly favor it, especially...

elevatedinvestor

Been watching this pair for over a week now what to see if we have found support and could ride a pullback wave to the upside. On the 4 Hour (not in the photo) You can see we have made a double bottom to form support support. On the 15 min there is a bullish Harmonic pattern, I like this for a few reasons. The trend leading into this pattern was bullish as well....

elevatedinvestor

GBPUSD. I have two timeframes here, the left is 4hr and the right is 15min. I'm looking at an entry off the 15 minute chart to catch some late night pips. Bigger time frame. On the 4hr chart you can see we just broke a bullish channel, but we still haven't retested it (we don't always have to). On the 15 minute chart we have a descending triangle, and some...

elevatedinvestor

Yo yo yo, Quick analysis of some ETHUSD. We saw this thing tumble over the last 30 days. It's forming a nice symmetrical triangle on the 4 hour chart. I wanted to keep this post simple. The market doesn't pay you to be a fortune teller, it pays you when you listen to it. Here is what it is speaking to me. The overall trend is BEARISH....HOWEVER the huge drop...

elevatedinvestor

New Idea- Anybody else love $WI$$ cheese? Opportunity to go LONG on the Dollar swiss. You will see on this chart that the price has clearly been downtrending. 1. Price tumbled to a Monthly Key Level right around the .9665 Region. On the 4Hr time frame we see that two tweezer bottom candles have formed at this level which implies that the sellers might be...

elevatedinvestor

Techniical perspective. I see a potential short opportunity coming for this pair. The blue lines are monthly levels, light blue are weekly, and black are daily. The area highlighted in blue is a level that matches a fib 61% retrace and a level of resistance plus the candle is going to have to break through the 200 ema as well. There is also bearish divergence if...

elevatedinvestor

I discovered another strategy an investor uses for the GBPUSD pair. He has his stochastic set to 13,3,3 and he analyzes the daily trend. The first portion of this setup is to see which the direction the trend is going. From there he goes into the 4hr chart and has three ema's. 4, 14, and 50. If the trend is bearish on the daily he will put an order in to short...

elevatedinvestor

Blue lines are the monthly key levels. the light blue are weekly key levels. the black lines are daily key levels. As you can see we are approaching a strong monthly level right now. We are also tapping off the 50 EMA. I'm looking for entries to short this pair. I will be keeping a close eye on how this candle closes today. If we close under 129 it could make for...