First BTCUSD analysis on my page. I believe Bitcoin is super volatile but after the boom in 2017 we can expect that the big boys who move the market have done their research by now. As you can see, bitcoin has made its way 5 moves up from the lowest price, ready for an ABC correction. Lets see if the market respects it! As always, this is for educational...
Setup Overview: I believe gold has completed its 'A' pattern of the 'ABC' correction structure. Now that we have this data, we can make an educated guess that the market will go for shorts around the 1573 to 1583 mark (red zone drawn above). It's important to monitor price action in this zone before placing a sell order (because of the 100 pip differential between...
HELLO GUYS I did mistake in counting AUDUSD In my last analysis This counting it can be happen not previous analysis about AUDUSD
i take the 30 min chart to explain clearly the main levels by trading btc this week, if the trend line broke down i gonna change my vias
Hello guys, Today is a magic day, I have waited to post you this trade for months. The last big guys on my radar are SP500 and NQ but there are not ready for now ! So about Gold : After years of consolidation (first a bottom range, then a breakout). Gold has finally reach today the magic 0.618fibs and complete, at the same time a perfect 1.23 fib extension on...
Chart says all. US 30 trending in pitchfork straight railroad track pattern. Bear signal on 12/30/19; comes at or near completion of 5-wave Elliott impulse. Expect Bear down until it taps the lower rail; a bounce from there into Springtime will finish at 30K, intersection of top rail. Short until ABC completes; then all-in Long. This isn't investing advice;...
Merry Christmas everyone and happy holidays! Welcome to another analysis, this time on the EUR/USD pair I use fibonacci retracements to look for support/resistance levels. I prefer to see prices respect the fibonacci levels from start to end. What im looking for is a retracement of minimum 38%, once this criteria is met I begin to plot the fibonacci projections...
ABC correction pattern from using the Day chart for XRP/USDT on Binance. Based on FIB Retracement, "C" would put us at the 1.618 level ($0.15043) which is a level I’ve been having my eyes on for a while now. With this ABC pattern it confirms that my previous thoughts could come true. Many see this as a bad thing however XRP at $0.15 is something many who bought...
In the first analysis I expected the turn around point for Gold to be a little bit higher. However the setup is still in tact as long as we don't leave the blue area to the downside. Therefore a ABC movement up could be in play with a good risk reward ratio at current levels. Price action seems to be confirming the idea so far.
We will see how it goes. I will keep you updated.
We will see how it unfolds. I will keep you updated.
This trade came to a great spot and gave us a beautiful engulfing candle. I will look to take this to the bottom of this pattern and further if it breaks down.
Hello guys, there's a possibiblity that the Yen just completed a flat pattern for continuation to the upside. So waiting for a flag or a nice entry level on lower timeframe is a good idea. Please leave a like so other members may see this post. Thanks and trade with care.
hey fans hope you doing good ....well this is the the next move of USD CAD expected .....it is a very short term buy .the correction can go little bit deeper :) dont miss these pips.GOOD LUCK