BTC Strength is slightly stronger thus far, and moving to sideways. Sideways is not down. I have had a few successful shorts today, playing this mornings numbers, but I keep having to reset higher and higher. Currently have a slightly updated wave form. Looks like we are just about to finish up a small Elliot wave 4. That will lead us higher to $7499....
This is a review chart of yesterdays forecast. The day chopped side ways and ended slightly higher than the target. At nearly 7300. The lows where forecasted too low for the day. But did contain price activity. They may have served as good stops, but I apologize they were not much good as entry points. In any case. General wave structure, wave count, and...
The bitcoin market - BTC has just retested its near term peak. The high at $7300 looks to stand for many months to come. Price heading lower, bottom target just above $5000 for this wave. Subsequent waves can drive to $4000. If you have questions, please PM me. This is an easy tradeable short. Stop loss the old high of 7800. Use caution with any prices...
Bitcoin project to spend the majority of the day chopping sideways, to end the day with a higher upward price that leads to a peak to the rally at 7168
BTC Okcoin's futures under 3/8 line - true bearish market! Next support 2/8(red line we already tested) will test again, if it'll brake futures will go to test 0/8 line.
How you can see btcusd okcoin futures in a channel, between Murrey's line 4/8 and 6/8. Daily MACD under zero line its still bearish. Break up or down the channel will be powerful!
Updated London-Session Breakout on GBP/USD considering the murrey lines. Lets all hope for some green pips :)
I was thinking about this concept while I was driving after dinner. You do not need a fancy $500 Monthly subscription for an edge. Here is the Concept, You can build on this. Notice how the Murrey Math Oscillator works in finding the pullbacks with a trend. Experiment & create your edge . NOTE : EVERY PULLBACK TRADING SYSTEM WILL FACE TRANSITION ZONE, ITS...
Here I present to the TV community a great tool brought to us by Ricardo Santos, a fantastic coder whose work I greatly appreciate. He has recently shared with TV the Murrey Math Lines/Channel indicator. This is a manner in which i have implemented using the tool in a MTF fashion in conjunction with Fib Time extensions. Plenty of chart notations to see. I like...