I'm sorry about my changing directions up n down being confused all the time.. I've worked hard on this one and read every single candle from the beginning of this entire cycle and this is the result.. Moon Boys! You're going beyond that.. Feel free to share and thanks to haters it couldn't have been done without your criticism specially thanks to my soul brothers...
The Yen is pressuring lower level and the overall trend and may glean sufficient momentum to challenge earlier July pinnacles at 129.00 against the EUR if risk appetite continues to plunge before attention turns to Japanese inflation data on Tuesday. Potential for a minor pullback from this level now.
its time boys and girls. As the giants stabilize, a positive and confident sentiment pours into the smaller alts. Cardano is in a prime long accumulation phase. Current entry above .00025. stops around .00022 but flexible at the moment.
long the everloving christ out of this bitch
Complete analysis. 322,62 USD +10,12 (3,24%)
1. We are in a very sharp uptrend, which indicates that buyers or bulls are in control.
2. We do not have any bigger pullback. For a healthy trend we need pullbacks, they are needed.
3. When we do not have any pullbacks in uptrendm we say trend is extended, and has a possibility of a big pullback or even a...
This is a long term type 2 harmonic signal. our 38.2 Fib was hit and now the price is back to the pattern completion area. from here on we can likely expect the price to target the 61.8 fib retracement of the main swing. for the entry and exit criteria of the trade please refer to the main chart. you can take this trade short once the market opens.
See the main chart for entry and the required tp and sl. any updates will be available when needed. please take into consideration the spreads of your broker and integrate them in the entry and tp sl details appropriately. cheers
Pattern is complete however i am awaiting certain technical conformation before going short. i shall update the entry details possibly once the ongoing 4hr candle closes. stay tuned. its a simple type 1 harmonic reaction where we target 38.2 fib as immediate TP. stay tuned
This pattern is complete. however our minimum target should be the 38.2 swing retracement for this type 1 harmonic reaction trade. in this case the RR is not in our favor at the moment. For me its best to wait for this pair to retrace slightly until the RR becomes at least 1:1. Currently its around 0.75 which is never good and not in our favor.
For those who wish...
10:00 gmt 05:00est Saturday Bitcoin Bitmex Chart Update
After holding up overnight Bitcoin began to break higher above
7450 at 06:00 am in Europe triggering the next long to the
7624-7735 range with a high so far at 7681 on Bitmex.
In doing so Bitcoin is defying the bears as it tries to complete
the RHS pattern we've been watching develop over the last
My EW count seems to differ of opinion and that the cycle is not completed. Wave 3 must extend to at least 1.618 which only the last low had done. In addition we need divergence between wave 3 and 5. There is none, there will only be once the new low had been completed. What is happening here right now is that we are going to make a flag for the final push down or...
Copper - Correction from 2.89 is close to completion
The correction in wave B or 2 from 2.89 should be close to completion and wave C of 3 lower to at least 2.79 should be seen soon. I do prefer a deeper decline closer to 2.48.
A break below minor support at 3.01 will confirm that the correction from 2.89 has completed and the next impulsive decline is developing.