As I indicated on the last chart, there is a white line by which the bitcoin tried to break without success, and coincidentally that levels were accurate FIBO levels (you can see by plotting the Fibonacci retracement levels through the arcs and their respective resistances) Then he was subjected to the strongest levels of resistance so far (3.8 / 4.2), attempting...
USDJPY Range Analysis for 2017 4th Qtr. High @ 114.40 Low @ 105.52 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
The trend seems to be going down. Possible causes are SegWith2x and the closing exchanges in China on 30th september..
Can we learn from the history?
Looks like we have a similar situation in cryptos that the one at the end of 2013/start of 2014 "China crisis". If we learn from the historical price movement, future movement in 2017 should be similar to the one shown on my graph. After last bounce bear market is expected for probably more than 1 year after we reached the top. There are more reasons to believe...
New iteration. After a new high price drops to the previous high to start over. Every new high is ~5x the previous one.
To the management of the media, powerful and influential people, opinion formers and all those who are directly and undecidedly involved, we tell them that the more they hit us, the stronger we become. I hope that my words will make echo in your charts. Together we can against everything.
First I do not believe in my humble opinion that the Elliots waves works on cryptos.They are very complex to locate and synchronize. The margin of error is zero. On the chart we see that after reaching the historical ATH, the price broke the main trend line (TL1) and tried to retest the ATH and found its Stop on the HH1. I formed a new trend line (TL2) joining the...
in this chart , looking forward to a reversal in the crude oil market . with potential target up to 48.50
long position and target with elliott wave
This is an attempt to use Andrews A/R techniques (reverse pitchforks or median lines) with a horizontal structural stop. The next green parallel is used as a runaway target.
It looks like BTC is deaf and blind; it is not paying attention to what is going on out there, nothing about China, North Korea, USA...well, this is its first test when geopolitical issues are not in good shape...IMO
Hello, my name is Brett, and I love technical analysis. Last night, I decided to analyze General Electric ( $GE ). The trend lines are all major, minus the lines that had to be added on the 30 minutes chart. Moving averages were all converging, so honestly, it was visible and apparent that GE was at a pivotal moment. GE Short. Should have posted this last night...
Hi my friends. Here are the results for June! +832 pips OTK Trades GBPJPY +245 pips GBPAUD +409 pips USOIL +142 pips AUDUSD +137 pips EURCHF +35 pips GBPJPY +287 pips FAIL Trades EURJPY 0 pips EURUSD -112 pips EURGBP -34 pips USDCAD -114 pips NGAS -99 pips EURJPY -244 pips USOIL -103 pips USDCHF -99 pips AUDJPY -55...
It appears to me that the Hagopian rule is about to play out and we are getting a chance to enter this trade with a very small stop. The Hagopian rule This rule is invoked once a confirmed pitchfork breaks without the price ever reaching the median line, what should follow is a bigger movement in the opposite direction.
Lets finish this:) please include reasons/explanations in comments ( but refrain from un-reasoned pump&dump-talk) thanks!