-TP1 at the top of the cloud of the current rope
-TP2 at the next rope
-The R/R is rather safe.
-Waves resultant holding the price is almost turning green.
-Long term cycles building slowly but surely a momentum.
-The Clouds of resultants from volume is stained by some red clouds but all volumes rope had been crossed by the clouds (can't popularized...
-TP1 above at the top of the cloud
Can't really determine a higher target even in EW as the actif had been hardly manipulated in the previous big cycle. But in term of R/R it's a no risk entry, with nice cycles turning green catalysing the volume (ideal for sceptical ppl ;) )
Two TP above the rope.
-Long term waves on current price rope are building up a momentum.
-Price waves resultant is almost positive (green).
-Green cloud on volume resultant is trying to creat an escape channel (wormshole).
Because of this last indicator still in ""orange light", i wouldn't try to TP above TP1. Btw still a fair trade :)
nb: More than...
- Harmonics long term building up momentum (Most important: Blue wave turning positive => bull trend)
- Volume resultants= green
- Price resultants= green
- R/R no risky for longterm
Two TP for the next rope. One on the rope and the second at the top of the cloud.
- Good R/R ratio
-Good FFT configuration on current rope (All harmonics in positive correlation)
-Both resulante in price and volume = green light
TP1 = next rope
TP2= Cloud potentiel of the next cycle
Two medium term TP:
ETH just got stopped by the MA resultant cloud above the next rope.
=>The resultant currently red is now building up to be soon a green resultant.
=>The next gap is amazingly huge, the BTC dominance will dump hard even more soon.
You have to see the rope not connected to the market like potential bag of green volume...
- Two possible TP,
The price is sitting on the MA128 phase. The resultant start to be positive and the harmonics are building a ramp up pattern which improves the ratio (I prefer stay conservative anyway and keep it like that).
Still have time.
We are most likely going to test the bottom of the red cloud above the current rope then retest the rope. If the rope doesn't broke up we are going to the next rope above (careful the gap is big ;) ).
In today’s #marketinsights video recording, I talk about the latest geopolitical and economic developments affecting #FXMajor pairs #USDJPY and #GBPUSD.
For one, US confirmed that rollbacks on previously imposed tariffs against Ciina are possible, pushing #safehavens down and #dollaryen to a fresh multimonth high!
At the #BoE meeting yesterday, #Carney re-cited...
Monthly closed at-last, and to me it looks bearish.. but I already showed why on monthly I see same bearish (Correction) patterns like from previous parabolic run:
Today I wanted to zoom in to weekly and show you why I see same bearish (Correction) patterns:
1. Just like in any market, when fear holding their assets they...
I know you've probably seen this kinda chart around many times, but this is only for a reminder.
In this post, iv'e outlined the "phases" within Bitcoin's cycles and the ones it has gone through in the past and what it is most likely to do next. Not saying it will repeat itself, but it is probably best to use as a rough outline.
There isn't much to say really...
There is a strong support area around $9.5 - $10.5
Could be a good opportunity if it keeps respecting the limits.
RSI @42 (waiting for this indicator to go higher)
OBV reaching for higher highs
Bollinger bandwith relatively high.
Not buying yet, but it's worth it to keep on your watchlist.
Why buy gold and silver at premium while them still being in a bear market, when you can buy uranium cheap at accumulation levels. Does it really make sense to buy silver > $10 and gold > $1000 at given prices vs the risk it carries for downside potential vs a strong base near bottom that has lots of upside potential at lower risk. Speaking common sense. Adding to...
on pound aussie we have a very good example of market phases.
pair is now approaching a decent level of resistance,
and the market leaves multiple clues of bulls exhaustion.
first of all, analyzing volumes,
we see that smart money dont buy anymore,
and prefer rather to...