Short analysis of IOTA (mid-long term) Iota has been hyped recently and reached $5+. The last time it has been in a down trend (bear market). When we look at the chart we can see two strong trendlines. A bullflag is being created and at the end of the flag, Iota could seriously moon. Ofcourse, everyone could draw some lines and say, "guys look at this it's...
USDTRY US Dollar Turkish Lira This is striking impulse wave: and when it breaks down it's a fabulous short Cannot short this whilst within the power of this massive impulse wave. But once it falls out of the parallel it becomes a massive short - once broken, look for any retest of the parallel from the underside once broken as a second shorting opportunity...
Bitcoin Update The Shape this is Throwing So far, the parabolic shape Bitcoin is making remains very encouraging for the future. If it can now hold up today between the old high area at 7450 and the new parallel , now at 7425 between now and Tokyo and China opening we could see some spectacular gains...it just has to hold up now... Stops for day-traders...
1. It started to raise vs Bitcoin (many other coins when line becomes horizontal at least for a short while, pushed followed and fast growth started) 2. Made higher high lately (we reached the bottom) 3. previous all-time high around 3 times present value (many alts even surpased previous all-time highs) Will check hourly graph for best entry point.
There is a potential cypher pattern forming on the EURUSD 60 minute chart. Market has put in an XA move with the AB retracement completing in the zone. This is one to watch on the radar, but it is still a long way away from completing. We still need to see the C leg extension followed by the D leg retracement. I am projecting the pattern to complete around...
This is a what if idea! IF prices can retrace to our killzone around the .38-.50 retracement, we could possibly see a bullish breakout of consolidation. *Keep in mind GBP/USD is at a psychological level (1.3000). Entry: ~1.29928 TP1: 1.30801 TP2: 1.3169 Stop Loss: 1.29289 R:R (1.4) at TP1 (2.3) at TP2
After OANDA:GBPAUD reaches indicated point 5, the wave will be completed. The peak confirmation will present a nice opportunity to go long with really good potential target level. Many profits and GL All!
Ok guys i'ma give it a shot from here. P.O.C's indicated for upside and downside trades, traps @ the lows can look for a mean reversion play.
The Horizontal Rays shows you the trade setup with ENTRY/BLUE-STOP/RED-TARGET/GREEN. If we can manage to get a CLEAN break above the BLUE BOX - Look for a rounded retest for a run up to the first high initiated in red. If we are going lower then the mean reversion trade - spread your long entries in the lightblue box with a master stop where you think you dont...
Hello, everyone! Dow Jones INDEX:DJY0 is forming the bullish wolfewave. If the price goes South within the indicated borders of FIBO fan (38.2-61.8), it'll shape the classic WW pattern which represents an interesting opportunity as potential long setup. GL All and profitable week!
lower high and bid zone let's see
breve idea of the next trend for nzd usd