The dollar is now in a very interesting position. At the moment, I expect its growth to the level of 1.095. After which it is rolled back, with a break of the support line, to the support level of 1.077.
IF you think that THE PANIC IS OVER THINK AGAIN BASED ON THIS i THINK NOT .I AM NET SHORT TODAY AS OF 10 AM 2836 And very little will change my view THE NEXT DOWN WAVE IS NOT FAR OFF . MAY 10 AND THEN REAL TROUBLE INTO MID OCT
I am brand new to charting and trying to learn T.A.... I am asking for advice on if my ideas are even close to what others are thinking. I have used the fib tool and this pullback on the daily is sitting perfectly on the 236. I have an ascending wedge, that hopefully we can break out to the upside in the next few days. I believe with the ascending triangle and...
Good morning everyone! So, we start with EURJPY. I apologize for being so distant, but I wanted to show you the power of the lines that form the channels. Now the price has dropped to the intersection of two support lines. Therefore, I certainly expect EURJPY to rise to the first resistance line. Open "Buy".
not looking fro specifics in price targets as of yet as im testing a new theory, just a general area labelled "box1" and "box2" this theory captures the previous ares of wicks and uses those as support and resistance , one established the area is looking to find a 3rd touch on the trend line , (first arrow pointing towards it) to then shoot up for a long
This is the same idea as my previous post to combine the Cross Strategy with the Standard one I keep seeing...
Does this make sense? I tried to marry the idea of a cross strategy with the idea of the boxes that I see everyone do. Two yellow lines would be my entry threshold. Solid red line would be my SL. The 3 aqua lines would be my TP1, TP2, TP3. So placing each sell simultaneously as such - TP1 (+1.00) TP2 (+1.00) (TP3) (+.50). TP1 & TP2 are more "plausible" if the down...
price has retraced to a key region with supporting confluence from trendline and fib regions if price can respect this area with candlestick behaviour displaying slowed momentum, buying opportunities could be more predominant to a shift into new highs like 110.00 which correlates to -27% fib level.
THE CHARTS ON FX ONLY GO BACK SO FAR BUT MY CHARTS GO BACK TO JAN 1902 THIS IS TO SHOW ALL THAT THE PEAK WAS ONE THAT WAS GOING TO HAPPEN NO MATTER WHAT BE IT OIL CRASH OR VIRUS I GAVE ALL THE MAJOR CYCLE PEAK DATES AND PROJECTS BACK IN 2019 .I DID POST AN ALT IDEA BUT WE FAILED TO BREAK MY 3410 3392 . IN SP OR THE NYSE 14200 PEAK 14183 . ALL MY WORK OVER...
New account CryptoDraven, new chart uploaded on there
The last days have shown Bitcoin is still in the same bear market it has been in since the all time high. Every pump in between is just a correction (see: Elliott Corrective Waves) and has nothing to do with the start of a new bull market. A new bull market will start when most people have forgotten about cryptos and want nothing to do with them. That's what a...