ICO price was 0,105 $ where my wavecount starts. monthly supportline drawn as bottom of the decending wedge. the fundamentals in this COIN are very good as they have a hughe network. i personally think its not that likely that we will see the ico price once again in the next few years.
GBPAUD is a long as there is a strong trendline dating back to early January.
It has been creating higher highs and higher lows.
I have put a very tight stop loss with only 25 pip stop loss.
Lets see how it goes guys!!!!
After publishing my past idea about dropping before moon honestly I didn't expect that rough game so here is the support levels and resistances with breaking all the possible supports it's not even a mirror of (BTC) but we see a diamond next few weeks to reach ATH sooo fast Let's see
BE PATIENT GUYS :)
NFP on Friday saw the Pair push lower again back into the Monthly key level.
We can still see signs of rejection in this area which shows it still has some potential to reverse from this level.
We have had an ABC pattern complete, we also have a 0.618 fob in this area which gives us the a,b legs of another potential move upwards.
On the Daily we are in the...
There is support at 0.00000690 if it breaks that it will go down and Resistance at 0.00000738 if it breaks that it will move upwards wait for entry points and enter the trade it looks good for the week could move to 0.00000815 if it breaks 0.00000738 and if it breaks that we can go to moon
(I expect a Move upward in the next couple of days )
All is in the Chart...
This is the top because the final push provided liquidity for the large institutions above an obvious resistance level. They turned the sellers at resistance into buyers on that final leg up. I was selling at that level too, but got stopped out before that big push up. They quickly dropped prices back below that resistance level so those same sellers will...
Today should have been an easy day to go long at the Inventory level, but they whipsawed me out a few times so I gave up just before the big move to my target. The target that I marked up was from my MT4 Oil chart which looks different from this oil chart. The Mt4 oil target was hit, but this target was not so I recalculated where the target would be using this...
Today was a tricky day during inventory news. I was short going into the news with profit, and thought that the news would blast through the 50% fib level. Stop placement was too far away and took a big hit. Its a lot easier to be an analyst than be a trader during the live markets. As you can see, oil traders like using the magic number 3 at key levels. My...
Palladium is in wave 5 down. From EW analysis the wave 5 does not complete yet. The price will meet high resistance at 539.2~565.6.
If the price rejects from this resistance area, open short position.
Open position when it reiects.
SL at 573.9
TP at 451.5
If the price does not reject from the resistance area, this analysis will be invalid.
Good luck for everyone!
Frankly, I could come up with a variety of counts for the market right now. About 4 counts say that the market has reached a top and we should be ready for a minor correction till July and then prepare ourselves for a bull market again. Analyzing the expanding ending diagonal proved to be tough. We could go up to the resistance zone indicated by the box and go...