ITC BTC is highly volatile, it can jump up 100% some days.
ITC seems to have taken a trend reversal with a pump, and a second pump should be coming.
Buy Sub 1800
Target 1 0.00002200
Target 2 0.00003700
Target 3 0.00004150
Target 4 0.00004600
CELRBTC on Binance in major good shape! We are most likely on the C-Wave. We have a 5th Wave ending Diagonal and are about to Booom!
Remember Money Management, Risk Management and PUT THAT STOP LOSS!
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This chart was created to use a tool to collaborate based on prior market structure if all things were equal. However we all know other fundamentals will change the future of price movement. Measured moves from previous ATH's were taken to make these hypothetical projections. I have attempted to triangulate the distance of time, based on the significant elevation...
Chikun ran fast hard ahead of the rest of her fam.
Ever since then, she has to be DRAGGED to parties.
Even when the King runs, Chikun remains unsure.
Above are two different Impulses that made the retrace.
The Baby Impulse just above was breached but not held.
The Boss Impulse is still waiting up top with some BFG's.
Worrisome is the Un-retraced Candle below,...
Well it seems that I was wrong about the direction of the break from that fib time zone and my stops were hit at $7440 en-route to our current schiff pitchfork resistance.
Some elliot wave analysts called it so the pace of this recovery was unexpected to me but obviously not to a others.
If you press play on my previous chart, you can see that we reached the...
This is an update to my ongoing UJ analysis linked below.
As we know Yen pairs are risk sensitive, so watch the news.
Overall velocity and momentum favor continued uptrend.
HOWEVER, the entire bounce looks corrective in general.
So this plan is really just to try grab the LAST FEW PIPS.
The last few pips are often the most EXPENSIVE to catch.
Of course a single...
This idea is based on some historical analysis of previous top patterns in addition to some Elliott Wave analysis.
One of the things to note is that every major high and subsequent deep correction that has occurred since the 2017 high has exhibited 1) a high, 2) a rapid drop or dragonfly candle that quickly gets bought up, and 3) a subsequent lower high. Only on...
Gold trade, Gold is looking fairly nice at the moment with there been recent news that could influence the value of the dollar to fluctuate which could cause a rise in Gold spot. However, we still use technical analysis to back our fundamental analysis, because there's no guarantee the market will go in our desired direction, please don't take this as financial...
This pair looks to possibly be setting up for a good short position.
# Support broken and
# Possibly tested as resistance
# Fibonacci 61.8% retracement level could come into play
# Price action will confirm
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WE MUST BREAK THE MOST RECENT LEVEL OF SUPPORT AT 1.837 FOR PRICE TO CONTINUE DOWNWARD
I recently posted an idea on GBPAUD, but I believe it is possible for price to move further down.
We have a strong rejection candle at the .5 fib retracement, where price continued to fall further to test the most recent lows.
If we take the 1.272 extension of the (AB)...
We can see price has bounced several times from the key level it is currently sitting on. Furthermore, where price currently is within the fib level there has been support there many times (confirmation). First TP at my green line as a key take profit level.
Here we have an opportunity to sell GBPNZD after it reversed off the .382 fib retracement and formed a head and shoulders pattern, which has been confirmed with a bearish break of the neckline.
At the current moment, you should wait for a better opportunity for entry as price is sitting on both a horizontal support (highlighted in green) and a ascending support...
# Price has reached the resistance level of the ascending trend line
# This zone is also the 61.8% fibo retracement
# Bearish engulfing signal completed
# Shorting at market price 110.392
# Sl just above the recent high at 110.778 and
# Tp lower down above support at 109.397