CURRENCY PAIR: EURJPY
PHASE: SECONDARY TREND/CORRECTIVE PHASE
HIGH PROBABILITY TRADE: BUY WITH BUYERS
NOTE:Truths about trading the Market
-Traders will do the same thing over and over again.
-In trading, no one to blame and no one to question what price did.
-Price can break any low/High because anything can happen.
If you fully allign...
If you are interested in having charts this accurate or if you are in interested in having me create charts for you please visit my website "link is in profile"
XRP price targets using fib channels and fib circles
In this idea, I will try to give an alternate perspective on the BTC/USD performance by the theory of Elliot wave technique analysis.
I will discuss about 2 main rules of Elliot Wave Theory (EWT), the first is triangles and the second is the alternation rule:
1)Triangles appear to reflect a balance of forces, causing a sideways movement that is usually...
BCDBTC shows bull priority.
BitcoinDiamond is stronger then Bitcoin for this moment.
The situation is similar to BCDUSDT: last 2 impulses - UP, last balance goes UP.
At the moment we are watching the formation of the new potencial balance with the range 0333-0364.
With a high probability the price can test the POC level of the previous balance - 0324.
But Iif this...
BitcoinDiamond - very strong coin at the moment.
The coin did not react to the market drop last week. In addition, it grew in price.
A few minutes ago the price BCDUSD made a new impulse up and showed a retest at the level 2.10.
So now we have a new potencial balance with the range 2.10-2.291. If this balance goes up, new target will be resistance area...
IOTA - one of the of the coins that shows strength.
After signs of stopping the trend in the form of fixing and new initiative purchases, the price went up.
At the moment the price is in the balance with the range 0.6565-0.8150.
If this balance goes up the price will go up to the resistance levels 0.9166 or 0.9750.
If this balance goes down the price...
Here is a situation at Bitcoin Diamond.
Down impulse was completed by fixing.
After that we saw a correction wave and then new fall wave with minimum update (retest of fixning).
First the price formed a balance with the range 1440-1720. But then the price made a false break out to 1820.
So the new wide balance is 1440-1820. The price will...