Here you go pedes, right in front of your eyes, let the magic (whale) show begin!
Merry Christmas, and a joyous/wealthy 2019 to all you good boys and girls. The greedy who are waiting for sub $3,000 to buy in (90% of retail traders) will get lumps of coal and short squeezed.
BTC Bitcoin giving a Butterfly harmonic pattern following all the rules. D point could be anywhere on the overlap of those two boxes - ideally. Between 3130$ and 3200$, but there is no problem if it's 3077$, still ideal scenario.
Targets are dashed green lines, normally B is conservative target and A more aggressive, depending on market conditions.
THE SUPPORT AT FIB 49.58 WAS SEEN AND THE RALLY BACK TO 54 DID WELL NOW THE 4 WAVE TRIANGLE HAS ENDED AND WE SHOULD SEE A WORLD DECLINE IN ASSETS LOOK FOR A SHARP DROP INTO THE 46 TO 47 NOW AND LAST SUPPORT AT .618 42 20 BEST OF TRADES
USD/RUB is currently resisted by a downward trend line.
The supportive trend line is not helping it to go up either.
Hence we expect the supportive trend line to breakdown which could instigate a selling pressure from here.
Spy is in a small 4th wave up. 3 different targets in the sell zone. Look for 5 small waves on the 5 min chart. (sorry can't show here on TV) at the sell zone, get ready for another 5 waves down to complete this bigger sell off. So I'm very very short term bullish. The bigger play is down to the 260 zone
B point is a little high and USD has been a little bit hectic.
PA has pierced the zone twice but hasn't close inside... I'll wait for a return and if it happens see how it goes.
Numbers look like:
SL: 1.0010 (very conservative, there is a Resistance zone before SL, so you can choose a lower one for a better RR ratio)
TP1: 0.99342 (0.382 ...