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USDTRY - short at H1Look to the left. 16 Aug 2018: 5.67354 breaks the symmetrical wave rule (reversal pattern) for a long-term downtrend, counted as wave I. 30 Aug 2018: The market corrected for wave II Thus, I expect the market to drop from Wave II to Wave III. - Monitor 1: wave group on I, II, III ... (Down) - Monitor 2: H4 wave group (1) (2) (3) ... increase the tuning wave (3) and break the trend from the wave (4) - Monitor 3: Wave group H1 1, 2, 3 ... appeared the rule wave symmetry. * Sell limited: 6.38927 - 6.50385 * Stop loss: 6.86093 * TP1: 5.49678 - TP2: 5.18436 - TP3: 4.66535 Like, comment, follow for me. Good lucks.
Short
by dinhchien
2
AUDJPY - short at H4 (Symmetry Wave)Look left, We have two zones for a sell. 1. Group wave daily I, II, III... Now the AUDJPY is at the wave V go to wave VI. 2. Group wave H4 (1), (2), (3)... Now she is at the wave (3) to wave (4) and she reaches the Potential zone of group wave (80-100% the magnitude). Plan: Trade 1: wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120% Trade 2: When she reaches zone for a sell of group wave Daily, wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120% Target 1: is at 61.8 Fibonacci Target 2: is at 80 Fibonacci
Short
by dinhchien
2
DE30EUR - Down again at H1Look left, the downtrend signal is activated (drop beyond 120% of the biggest Retracement of the uptrend) Two group waves for sell: 1. At the H4 timeframe (group waves (1)(2)(3)...). 2. At the H1 timeframe (group waves 1,2,3...). Early entry: 80% Fibonacci (80/20% rule) Reasonable entry: Sell limited at 90-100% Fibonacci Late entry: Wait to signal at the smaller timeframe (new price action, double top, head&shouder...) The stop loss is at 120% Fibonacci Extension. When DE30EUR down again, should be moving the stop loss to accord the next rule symmetry wave of the downtrend. Plan: Move to the stop-loss at 80% of the biggest retracement of the Uptrend (group wave Weekly (I)(II)(III)... Good luck with All.
OANDA:DE30EURShort
by dinhchien
4
GBPAUD - long after break daily group waveLook left the group wave weekly (I) (II) (III) (IV) (V) (VI) is at Uptrend because wave (VI) wasn't beyond 120% of weekly resistance (1.72039), then She goes up and passes over 120% Fibonacci extension (1.79902) of group wave Daily I, II, III, IV. Thus I predict he will go follow the weekly trend. The group wave Daily have to restart count wave, now she is at wave I. At the present, GBPAUD has a rule at group wave H4 (1) (2) (3). We should wait he drop at zone wave (4) for Buy. If GBPAUD drops beyond 1.7768 he will go down with previous Daily magnitude (1.7060 - 1.73811) zone of group Daily wave II Thanks for look my ideas. Have a nice weekend.
Long
by dinhchien
USDCAD - Buy Rating (1.19000) Blue: Price has formed a megaphone pattern indicating increasing volatility overtime. Red: Has acted as resistance in the past, however it has previously been crossed and has had its upside flirted with recently - not the strongest. Pink: Large counter-trend move in the form of a bull-flag. Price has recently broken upside indicating a potential uptrend resumption. Orange: Price consolidation - Evident bull-bias in overall direction and support angle - Resistance most likely triggered by Red. Elliot Wave: Indicates the corrective-wave (A-B-C) has recently ended and that continuation will likely resume. Recent flirting with the upside of Red and Pink, having come in contact with Orange on the downside, as well as Elliot Wave are reason for a buy rating for USDCAD as of ~1.19000. Price has potential to encounter resistance upon coming in contact with Orange/Red on the upside, however, price is expected to break through. A break over ~1.38000 would confirm Continuation-Wave II (1-2-3-4-5) is in effect.
Long
by DELETETHISACCOUNT111111111
1
Significant Reversal in WEF?1. Daily chart shows "Three White Soldiers" or three bullish candles. Price is closed out quite well. Three such candles haven't been seen before at a low point in the downtrend. This suggests that this may be a significant low point. 2. Weekly chart show a bullish hammer followed by a week with a higher high and higher low. 3. On both time frames, bullish price action is happening at the lower bollinger band . Go long at 2.40. Stop Loss at 2.21. Projected price range is 2.75-2.85. Give it a little extra room, in case of a immediate pull-back.
TSX:WEFLong
by AnishBadwe
BTC DAILY UPDATE (day 160)Previous analysis /position: Strong support at $6,800 and falling $1,250/15.21% over the last week led me to believe we should get a bounce to retest $7,250 - $7,500. Remain short ETH:USD from $450. Patterns: Wyckoff distribution with spring indicates that $6,800 is about to breakdown. 1h - 2h bear flags indicate that as well. Horizontal support and resistance: S: $6,784 - $6,884 | weak R: $7,016 | strong R: $7,250 | $7,500 | $7,750 BTCUSDSHORTS: Back above 21,500. Currently testing 50 and 128 day MA’s. | 60% long: 40% short Funding Rates: Longs pay shorts 0.01% 12 & 26 EMA’s (calculate % difference): 12= -6.41% | 26 = -5.68% 50 & 128 MA’s: 50 = Currently acting as support | 128 = -8.13% FIB’s: 0.236 = $5,920 | 0.382 = $8,496 Candlestick analysis: If current daily candle trades below $6,880 it would be a bearish engulfing. 12h dragonfly and hammer (on top of 128 MA). Ichimoku Cloud: Wicks continue to piece the bottom of the daily cloud, but we still have not closed outside of it. Tenkan-Sen still diverging above the Kijun-Sen when I would expect them to be posturing for a bearish crossover. 12h cloud is bullish and currently acting as support. TD’ Sequential: R-2 < R1 on 3d | Daily R-7 | 12h R-7 Visible Range: Point of control over last 24h is $7,015 | POC over last 5 days is $7,551 with a low volume node between $7,000 and $7,325 | POC over last month is $7,451 | POC over last year is $8,258 BTC’ Price Spreadsheet: 12h = -2.02% | 24h = -0.57% | 1w = -14.89% | 2w = -16.54% | 1m + +6.65% Bollinger Bands: Testing bottom band on daily while the band starts to angle downward. Below MA on weekly. Testing MA on 3d for support. Trendline: N/A Daily Trend: Chop Fractals: UP = $8,284 | DOWN = $6,068 On Balance Volume: Moving down faster than the price, indicates smart money getting out. ADX: 1d - 1w are bearish w/o any trend present. Chaikin Money Flow: Dumped from 0.2 to < 0.05 in the last week. In agreeance with OBV. RSI (30 setting): 1d and 1w are < 50 Stoch: %K is finally crossing below %D on weekly. This is establishing a lower high. Daily is cooled off and back in oversold zone. Summary: 1h Wyckoff distribution (w spring) and/or the bear flag are indicating that $6,800 should breakdown before we get a bounce to $7,250 - $7,500. Personally I am having a hard time believing that we will breakdown the major level of support after being oversold and still think we will get a bounce. The 12h reversal candles above the 128 MA would agree with me. The 3d TD’ Sequential and the daily cloud are potentially disagreeing with me. The TD’ is providing an entry with a Red 2 below a Red 1. If we close a daily candle below the cloud then it would also be suggestive of an entry. I would pass on the TD’ entry due to being on a daily Red 7. I would pass on the kumo breakdown due to the bullish TK' Cross. If not in a position then I would wait patiently for a bounce and would be prepared to sell the shit out of it. Thanks for reading!
COINBASE:BTCUSD
by Sawcruhteez
1