No need to talk much on this.. we've reached wave 2 point which means that I'm full short now on AAPL and that I will now reinforce on support breakouts. My final maximum target is the big 5% monthly bullish gap showed on the chart. Invalidation if prices manage to break the current market top.
Hope this idea will inspire some of you ! I'ld appreciate any ...
Some who follow me knows that I've been searching for a top for quite while. I've been taking some stoplosses due to a bad timing. Anyway that never meant that I was bullish ^^
Even though I remind you that the big short top is not nearly here ! I still think that we're reaching a mid term peak here and we'll shortly look forward to support areas.
We've managed...
The current setup of Natural gaz makes me wonder if we're not reaching the end point of a consolidation triangle.
We may have reached the ABCDE pattern's ending and so the prices should then get back to the upside searching for a B>C bull wave before going back down.
I just bought it agressively, waiting for price confirmation to trigger leveraged...
Coin - LTC/USD
Entry 50.25 & 51.70
Targt #1 - $69
Target #2 - $79
Stop - 46.75
5 Entry Reasons
Strong FA
LTC is a highly traded Alt coin with one of the largest most consistent growths for the year. The fundamentals are strong and Charlie Lee is very committed to the crypto space and the LTC project.
Elliot wave -
We have completed a full...
We have a trend line structure in this setup, a descending channel. On the 240, we have a M peak formation at its 2nd leg, and in that 2nd leg, we also have a M formation on the 15-min, a timeframe that I use to enter my trades.
CADCHF is then a pretty good short opportunity. I'll be short from 0.7815 and I'll have a SL around 0.7825. If the trade hits my SL, I'll...
Zebralligator Indicates another long position on Gold! Luckily we were able to get in a little early at 1274.00
Recent Trades:
We broke through a major resistance.
We then retested that resistance.
The breakout was big,
Then we had overbought conditions.
Now we are long again!
The price is nearing the 61.8% Fibonacci level, and the CARSI is overbought. An ABCD pattern is nearly complete and a three drive about to be initiated!
DAX is reaching wave 5 of what seems to be a first bullish impulse. Which means that we should have a deep retracement between 50 to 85% in order to buy again ahead of the trendy wave 3 that should come right after. DAX is definitely bullish so there's no point shorting the corrective with leverage. It's only for experienced traders and in order to pay for the...
The current configuration before FED suggest that there could be an interesting short scenario on EUR/USD to retrace further and search for a B wave before eventually buying later on.
Of course this is counter trend, so the position has to be low leveraged and must have a stop loss above previous highs.
For now we can see that the momentum is divergent, it hasn't...
Of course the projected waves are speculative and requires the prices to react in the spotted zone which a multi wave cluster zone.
If the prices actually blocks there we will then probably have a two wave retracement and the overshoot pattern will very likely form a head a shoulder pattern to extend the correction to lower levels and pbly reach wave 1 overlap...
Today's surprising rally that followed the weekend with what headlines tried to explain as Korea's redemption and "less expensive" damages from Irma !
Well.. call it however you want to me it fits in two words > stop hunting ! This might be the only actual fuel to this unexepecter price surge that came out of nowhere.
Anyway the right question to ask yourself is...
This moving average is adjusted to give weight to the performance of the 6 largest Cryptocurrencies by market-cap: Bitcoin , Ethereum , Bitcoin Cash, Ripple, Litecoin, and Nem Coin. The use of this indicator is to observe divergence between the price of the underlying asset (the crypto-currency you are interested in trading) and the rest of the cryptocurrency...
This is it, I'm not taking the last short reinforcement here, after shorting the top and the bearish breakdown, this pullback is really unexpected but to me it still looks like a great opportunity to put more money into this thing rather than being scared of bulls taking it over again.
Of course this scenario comes with an invalidation level... and I also gave...
Reagarding the current counts, I think the most probable scenario would be an ending diagonal to terminate the corrective wave C. I suggested before this was too early to buy eurozone with a very bearish potential on US equities.
US now tends to validate the bear scenario, and of course EU struggles to hold its supports. Plus Sinewave never showed any bull...
The analysis shows off that the long term bear trend of USDJPY 0.07% may have come to an end on this bottom and the reversal time is now triggering.
We may have finished the first wave impulse of this new bullish trend . So we are now retracing to find point 'b'.
This subwave is in-trend and can be bought with low risk. Of course as we're consolidating... wave...
The analysis shows off that the long term bear trend of USDJPY may have come to an end on this bottom and the reversal time is now triggering.
We may have finished the first wave impulse of this new bullish trend. So we are now retracing to find point 'b'.
This subwave is in-trend and can be bought with low risk. Of course as we're consolidating... wave 'b' can...
