Hello all, It has been a while for me to update Dash against the euro. However there seems to be an exciting (short/mid term) opportunity ahead. As Dash consolidates further into the end of the triangle, it could break in two different ways. Red bear line: if we break the triangle bearish, expect fall back until at least 454 euro However, I think Dash will...
The Euro has extended its gains against the Australian Dollar. The currency pair continued to trade in the same pattern after it touched the lower boundary of the dominant channel at the 1.3663 mark. As it can be observed, the EUR/AUD pair has formed a flag and is likely to breakout from the rectangle to either direction. Technical indicators suggest that the...
EUR/CAD has been trading in an ascending channel since early January. The currency exchange rate has formed a new high during this period. The bull movement was temporarily stopped by the weekly R1 at 1.5417 and retraces south for a brief period of time. The pair is likely to breach the dotted line and move further south. Regarding the short-term, the pair...
After approaching the upper trend-line of a dominant channel down pattern, EUR/AUD currency exchange rate began to decline. After reaching the 50.00% Fibonacci retracement level. The common European currency is slowly moving downwards to test the dominant channel down-trend line up pattern. This retracement can be measured with the high of 1.5772 and the low of...
After approaching the upper trend-line of a dominant channel down pattern, EUR/AUD currency exchange rate began to decline. After reaching the 50.00% Fibonacci retracement level. The common European currency is slowly moving downwards to test the dominant channel down-trend line up pattern. This retracement can be measured with the high of 1.5772 and the low of...
As described in last analysis, DASH reached the Fib 1.786 target and is now consolidating. A bullish triangle pattern is forming on the 4H chart. If this pattern breaks in a bullish way, this could be the fifth Elliot wave, and the last wave before the correction downwards. - Safe buy target: 676 (after bullish break) - Risky buy target 649 -> - Sell target 765 -...
As XMR has a small pullback from its strong upward trend it prepares for wave 5. The pullback was relatively small compared to the Fib levels expected (0.382) in a wave 4. It was stopped at the previous high (132) before it stabalized a bit. On a four hour chart we can see a cup and handle pattern forming itself which could indicate just the right bullish...
After first push until previous all time high, REPEUR breaks out of triangle in a bullish way. Based on Elliot wave counting, I expect the upward wave to hit Fib 1.618. MACD is showing turning direction in bullish trend. Buy target: 24 - 26.5 euro (break of previous high) First stop: 33 euro Second stop: 40.5 euro Good luck.
Last days Augur (REP) finally rallied up hitting the September high of 26 EUR. From an Elliot wave perspective: Possible ending of wave one due to cooling down of price action. Expected pullback of wave 2 around 19 EUR (Fib 0.5) Wave 3 expected to go until 41EUR (1.618) which would be new all time high. Resistance expected around previous all time high which is...
CHXEUR:SNIO Stolt-Nielsen is in an uptrend, and it just hit bottom. There is a decent profit potential, to little risk, if you have a target at 145 and a stop loss at 110. It is a slow moving stock, and the low volatility should mean, that you don't get to experience any unwanted surprises.
The DAX has clearly broken its March rally in April, with lower highs proof of growing sellers. The break through of the blue support line indicates a lack of buyers, and this morning it switched from support to resistance.
106.25% bullish, considering multi timeframe price action factors Estimated price fluctuation at time of report (+1Hr) 0.34% Volume Put/Call ratio 0.59 Overbought OI Put/Call ratio 1.68 Average Put/Call Ratio 1.14 How to use levels - 1. Wait till the level is reached, 2. Reversal...
Not sure how the polls will turn out, but this looks pretty good technically... Including daily too