This is just pure observation. Is it me or is BINANCE:LUNAUSDT following along with BINANCE:BTCUSDT ?? As im expecting BITCOIN to drop to the high 20ks are we likely to see LUNA more than halve in value or to possibly even get down to the 40s before we get the start of the next big run. Just a thought. Let me know what you think..
S&P500 has just hit a critical level which will decide the further movement of the market. We have major levels coming together firstly with the ABCD down from the ATH then we have the 1.618% Extension from the OCT low to the ATH. We are also at the - 1 Standard deviation level which is where the options guys for this week buy futures to protect thier positions...
FOREXCOM:SPXUSD Is sitting nicely to get to the expected low of 3930-3950. But weather that hits this week or we get another rally is yet to be seen. At this level we have the -1 Standard Deviation level which we will see a bounce shall we get there. Also the C-D leg is a lot quicker moving to the downside which means we could see a decent bounce back to 4300...
In this post I take a look at the FX:EURUSD Using the AI I am looking for a change in trend @ 10am. Im also looking for it to rally or drop into the time with a pattern and at a FIB level. We are getting close to major patterns on the longer timeframe as well. The inverted move is there as well because if it rallies into the time then its Inverted and we...
In the AUDUSD this morning we are in the later stages of a 3 Drive pattern into a 61.8% Fib level. There hasnt been a decent retracement to sell but now im thinking this could be the start of the first retracement to take us back up to the 0.75 area and if there is a nice ABCD pattern back up then that will be the chance to flip from long to short. Monday...
FX:AUDUSD is setting up for a Sell signal. It has completed the upside ABCD now were looking for lower prices back down towards 0.7300. As it stands I would like to see one more rally back above 0.7500 to give us a nice Gartley Sell pattern. Smaller TF and AI charts to follow. I hope this helps. 👍👍
TVC:DJI is at critical levels where we could see another move lower to 31000 if the larger pattern completes. There could be one more move up to 35800 first before getting that move lower. Anything above 36k could mean ATHs again and a possible blow off top. For this month the critical date is the 11th and this could see a 2 week trend into the 27th. I will...
GOLD could move in a few directions but as it stands the major pattern and cycle has it moving back down to 1800 with the chance of lower prices. Shorter term there are multiple ABCD targets to the upside and the down. The important date for OANDA:XAUUSD is the 6th of April, this could be a turn point that will set us on a trend for 3 weeks into the 27th. So a...
Daily chart: Daily candle closure confirmed the break of the Parallel channel. I'm expecting a retest of the trend line. At least 100 pips cycle. 4H chart: 4 retest of the trend line. expecting a 5th retest of 50 to 60 pips. Then we can break the trend line to the down side. This will lead us to the daily trend line retest. Use your better judge. Surf with the market.
Just the way i see it. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
Referencing my previous idea on CHFJPY (actually my first ever CHFJPY analysis). The my rising flag lower bounds line got broken today and price just hit the same line (a retest) presenting me another opportunity to short. If i had missed the trade, maybe this would be a nice zone to join the train. If you choose to adapt this idea, please use a very tight...
I Think Gold will take a short dip worth 1390+ pips. Agree? PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
May be or Maybe not! Am definitely buying in. Been on the trade since week 38 anyways (see related ideas). FX:GBPUSD
From my analysis, BTCUSD is about to make history. This Fall will be very historic (...I think). Watch out and trade carefully. This is not a signal, just an idea. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
Clearly formed with a very rewarding profit. Will it hold? FX:EURCHF
I have had a couple of losing trades from this pair this week. Will the bulls win now??? That was not a question because am already opening positions from the current level with a good SL, just enough room to play around if price suddenly becomes choppy. FX:GBPUSD PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by...
Yes, i think it is. Price is heading to retest the upper bounds of our channel/ breakout level hence we have to consider about 800+ pips SL with a very nice RRR (1:3+) The question is am i willing to risk 800+pips for such a return? ME: YES! PPPDirhams. i] Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade...
Price made a huge bearish impulse, then is now consolidating within a HTF expanding triangle. Current price is moving correctively within a ascending channel to previous highs. Within that LTF ascending channel we have more ascending structure forming. I would like to see price touch the expanding structure for a 3rd touch & show bearish continuation to the downside.