Looking at Alligator indicator on FX:GBPUSD looking like lips are going to pass teeth which to me looks like a potential reversal. Entry: Cross of Lips and Teeth SL: 1.24829 TP: 1.19343
USDJPY has broken its trendline, retested and confirmed it. The retest level is confluent with the 89 EMA as well as a key support level, now turned resistance. A down fractal also formed with the 89 EMA and Williams Alligator. Further support levels will be used as price targets. SL: 110.100 TP1: 109.21 TP2: 108.5
AUDNZD has crossed under its 89 EMA and retested it. A Fractal resistance has formed below the Williams Alligator as well as a trend line. The first price target is aiming for a recent level of support while the second is aiming for a major 2-week support. SL: 1.07595 TP1: 1.07060 TP2: 1.06700
First chart that I share, time to celebrate and see how wrong I can be. :D I expect bearish sentiment till the end of the month. BTCUSD still creating lower lows and lower highs on bigger timeframes.
We couldn't break 300 and the reason is clear. Volume is low af. If that was leg one of a new wave it was hella weak. Where are all the buyers at? Waiting or shorting. The Eye of Sauron looks down upon us and forces us into the nether worlds of the 200 zone. When we reach that level buyers will rush like mad at those prices. then we get exhausted, but people...
WE have a double top, cant cross the 0.168 fibo level and the alligator start to open up... BUY
Dear Traders, there has been happening a lot since my last DAX30 analysis eleven days ago. I have closed my short positions with some profits and kept quite until the beginning of this week, waiting to bring my long trades into the race. If you remember, I revised my initial expectation from 'call' to 'put' as I expected the correction not be finished - or...
Dear traders, the most of us were hoping the oil price would drop forever, well at least those of us who drive a car or have an oil based central heating. But as the commodity market is no exception and no one-way system it had to stop at one point. So it did. The oil price is rising again and the question now is: Was that it? No more cheap fuel at the gas...
Dear traders, if you follow my analyses and my social media channels regularly you know that I was talking about two scenarios regarding the DAX30 since the (blue) four was seemed to be completed: 1) We stick to the plan and finish the job without any detour. At this stage I was talking about 12,300 as a milestone - which I finally got. I closed all my long...
The last few weeks went like a clockwork. Basically every target zone got hit, every support held and the price action matched perfectly into the overall image of my Analysis. Now, since we have reached an ATH (all-time-high) at ~12.222 the price consolidated - which again - fit perfectly into my Elliot Wave count, as a small correction was overdue. On this note...
The best advice I could ever give anyone about the market is to "Want What the Market Wants." Do not want what you want , that will produce anxiety and doubt. Align your personal beliefs with that of the market and then trading will flow like a calm river of success. So that raises the question: What does the market want? On a weekly timeframe, the market has...
The day before yesterday, on Sunday, I have posted my latest analysis about the DAX30 (GER30) index, talking about the current waves 4 and 5 (green) and a possible target at 11.701. The expected wave 4 (green) was pretty much spot on, the wave 5 wasn't really but I managed to detect the early completion before it was too late! Unfortunately the wave has been...
Trend is still strong bullish , looking at Ichimoku and Alligator. Setup is clear as well as the big picture. Red wave 4 is definitely complete, so we are working on a completion of red5-blue3-red3. Target zone can be defined between 11.560 and 11.575. Note: I bought Ger30 in all of my accounts.
There's a lot of confusion in Bitcoin right now, but the reality is simple: there was a big Elliot wave downward, and now we're in the corrective phase of that wave. The Elliot wave is not a model or a tool -- it's a psychological phenomenon. It's the product of the behavior of a population of people reacting to an event (or series) and its unfolding. Therefore,...