A clear corrective wave has made and then a new 5 type wave is constructing, now the price is on wave 3 and wave 4 ( a corrective pullback) is near. it is very possible to retest the monthly resistance line (the maroon line)
NZDCAD moved to the descending trendline where i personally got short entry at 0.9241 right at the lower timeframe double top and it moved down nicely. Of course there will be another trading opportunities on the lower timeframes. Targets are set and now wait for pullbacks to resistance levels.
AUDNZD broke ascending trendline support and bounced off of what it looks like descending channel (pink lines) which means that there is very good chance that the price will try to reach the top of the descending channel. If this is the case then we have multiple opportunities to get involved in the bull run. The more conservative approach would be idea A) if the...
EURGBP reached previous high and did not break it creating a nice pin bar on weekly timeframe which indicates that the price could drop even further. Great entry was at the previous high level but in case you missed it then there is another opportunities to get short. A) if the price reached the daily resistance or B) if the price move back to the highs. Both...
We discussed this play during the live stream, and it was clear there was a lot of potential here. We were moving along perfectly with wave 3 when we suddenly got a jolt that propelled us far ahead of what was expected. The fundamental injection came from the news that Coinbase was considering, 0x, ZRXBTC for listing on their platform. I had adjusted my bullish...
after slapping out any pendings in both directions
those able to withstand the candles of the last couple days before this major uptrend should have some nice profit
im anticipating a BREAK BELOW to complete a major head and a shoulders pattern i forecasted days ago
lets see how it goes
when we HIT the top of this channel
I think we can see a potential upside to complete a nice major head and shoulders for a downside
but the possibility of us continuing downward to the 3RD target i set previously
hedging may be the greatest thing to do upon finding a goodposition
remember the market is a 50/50 chance
your best bet is to try get on the 50 side of you...
im learning through my very experiences that MOST of my calculations are astonishingly RIGHT
the markets is a roller coaster
and is VERY CALCULATED and mosts where ever HOWEVER AT WILL
but the FIRST Target HAS BEEN HIT
MY POSITION REMAINS NEUTRAL UNTIL all 3 TARGETS ARE HIT
usually my analysis over the last couple months are 80 percent accurate
we have fallenback to the greeen line which acts as support
i foresee we can BREAK DOWN further below but my aims are to THE UPSIDE
as the DAY chart HAS NOT hit its level 3 deviation intiating downtrend NOR has it hit the RESISTANCE
TRADE SAFE CUT LOSSES FAST
WIN WIN WIN
AS stated in my previous analysis with stunning accuracy
we've hit a resistance on this pair with the first green line
we STILL DESPITE MARKETS here being way overextended have some more POTENTIAL UPTREND
which in reality is a BIGGER time frame move
potentially one we have not seen IN THE LAST YEAR or so
or we can have a NICE FREE FALL DOWN to god knows where...
im forseeing and feeling a MAJOR DAY chart move happening MASKED by a series of DIPS to completely throw us off
even though ALL my indicators are OVEREXTENDED to SOME DEGREE
the HIGHER time frames show me that theres some GIGANTIC uptrend POTENTIAL AT STAKE HERE
ive marked my green lines for UPTREND targets before ANY MAJOR FALL AND RECOVERY to the downside...
this is the LONG ive been talking about from WAY back
there is literally billions of dollars that has moved upward in front of our very eyes over the last few weeks
i see that this may continue to these high 4 hour chart resistance points
i think many traders at this point have an idea that there is a massive long somewhere along this pair coming about
with these lower dips and short term short moves im expecting a long somewhere about this time
lets see how it goes
as we seen a RISE YESTERDAY and then a NICE clean fall this morning im anticipating a recovery RISE for the asian session on this pair
as i believe we are still in an OVERDUE MAJOR long term position
lets see how this goes
TIP on trading
WHEN i trade i enter PENDINGS as hedge orders BIGGER then my original order just in case markets go opposite direction or...