Bitcoin: BTCUSD Wave and Price just keeps Growing Life and Times: Just Another Manic Sunday - Bear Witness to the Fastest Market in History - Bar none. Next Buy Point for last 500 Update/positions: Yesterday we got stopped out at 10900 for a 900 point win from 10008 and were looking to re-enter from 10638 in a perfect set-up - it was close but no cigar with the...
ETHUSD Neutral but underlying still strong whilst working inside the flag Won't quit. It's spent the last few hours consolidating gains by hammering out another flag. Two strikes on the lower parallel shows this is still 'hot'. A buy of the lower parallel but close out at the upper parallel if day trading. A break above the upper parallel can be followed for...
BRENT Crude Oil UKOIL Update A nasty failed break above the upper paralle lhas forced Brent back to the lower parallel, the entry point was hoping for, so am going long at 62.18 with stop under 61.90. And if this call goes wrong and Brent breaks below the lower little parallel of this flag forming now will reverse completely for fall to 61.12. If it's going...
Bitcoin: BTCUSD BUy Point at 8210 Now surging up a new impulse wave from the low and a buy on tests of the lower line. It's come back at the same point to test the pennant's upper line from above and is holding. It only turns negative again if that line is crossed on downside at 8200 and then the lower parallel breaks.
1. Strategic Direction: - Weekly is in a Trend up phase (based on FZR of w1) - Daily is in a trend up phase (based on FZR of d1)
BRENT Crude Oil UKOIL Close-Up As per earlier medium term comment on Brent, believe that Brent has about another $5 upside from here. but in the very near term there is a fair chace it will get sold off first thing and offer a good chance to get long at the lows, or close to. Was hoping for a fast test of the lower parallel of this flag formation but won't...
Bitcoin: BTCUSD One quiet Saturday playing Bitcoin V Mon-Fri 9-5 job. Do the math. Whilst above 7717 key near term support the bulls are still in charge here. The opening in China will likely drive price down but it should hold up off the lower parallel and down to 7717. Touches here are buying opportunities with stops under 7000 line and if they produce pin...
Bitcoin: BTCUSD The new long is going quite well, so far...the measurement implication of the pennant formation is 8079. However 7890 is the absolute high and profits should be realised now. Look to go long again on break above 7900 for move to 8079. Stops 50 to 200 below Careful here right on the highs can take profits here if day trading or raise stop to...
Bitcoin Update Next Buy Point Buy on move above the little trend line off the highs. Stopbelow the line by 50 points. Flag froming off the high with minimum 250 point upside measurement once the little dynamic is broken on upside
Bitcoin: BTCUSD Update/levels for longs This trade is in balance, but OK above 6450 The trend is overall positive right now barring super near term test of lower parallel and successful, so far, retest of the key level at 6450 - which looks to be the pivot for day on downside) So If broken at any point and our stop 50 points lower is struck we should look to ...
NASDAQ BIOTECHNOLOGY INDEX: NBI A good low risk Buy Point Coming Up Range trading between the parallels continues as it has done since last year's election low. It' looks like it should fall back to 3267 where it becomes a buy again with stops just under 3250. It should make a strong rally from here back up to 3575 for about 300 points gain, with the first...
Hello Crypto traders! Again, I still think the BTCUSD market is more bearish "Technicals". I publish the few technical analyzes this week where you can see more professional view about how "BEARS time" is coming. And in this chart, I just draw basketballer makes 2 point shot in baskets :) I mean This breakdown was so strong and important for this...
I am bullish on AUDUSD, it is trading just above weekly pivot line, good area to buy for a 100 pip trade
The long blue wave was formed at m30/H1 time frame and once successful, it will become the natural part of the major yellow structure. As the bulls have been keeping pushing this pair up without significant resistance since 11 May 2017, the minor pattern has good chances to succeed even though currently it is not being supported by RSI divergence/volume/data. I...
Will the Yearly Pivot break the trend for the USDCAD? If not, id expect new highs.
USDJPY: USD pushing up against resistance here and a perfect shorting opportunity with a stop close by at 113.02 with a downside target at 101 in two more waves of selling over the Spring
EURUSD just broke the neckline of a head and shoulders pattern. Pair is also pivoting off a yearly and quarterly pivot point cluster. Only obstacle is the yearly pivot level, if that breaks, I expect the head and shoulders measured move to happen which will also fill the GAP many FX brokers have on their charts. Yearly pivot could act as a pullback area to the neckline.