we are back from a short break and starting 2019 with a trade we are in since today on the EURNZD pair. According to our analysis price formed a bottom with a divergence on the low. In this downtrend price did create a trend line which was broken with the first up move from the low. From this point price started to reverse right back to the high of ...
1-5 Elliott Waves Up after we got my reversal at exactly 3,224 USD (on the point - kinda lucky ) - We have Regular Bearish Divergence, which confirms a retracement. Expect something like what I have illustrated for you. Just be aware of, that we don't yet have any confirmation on what corrective structure we will get - it could be ABC ZIG-ZAG, ABC ...
Yeah, somebody says it's bear market, somebody says it's just retracement
We have just seen some down movement on the stock market, but I think that's not the end of down movement
We need some retrace to continue bear market, so it will be move up in the stock market
While I see bullish divergence on the daily NASDAQ chart, it makes sense to say retracement ...
I will do this very brief cause we are in a very interesting situation - We might already have reached the bottom without most people haven't even realized it.
Most would have expected a huge bounce, before a real reversal would take place. But we have mixed signals, and some of them might indicate, that we already have reached our low for now.
1. 61.8% retracement from the high and a turn from there. (red arrow)
2. Two attempts to break the pink trend line support which failed.
3. H&S pattern completed and neckline held.
I am looking for an entry to trade to 1.1750.
BTCUSD corrected 86% last time and is seemingly doing the same now. The next push lower towards the $2.7K area could be a decent opportunity to go long and hold for years. Can easily turn around here, but for now there is no haste from buyers.
New Age Beverage is one of our favorite cannabis plays. Great fundamentals along with a stream of supportive news in this sector has helped drive price toward its next major resistance level between 7.35 and 8.50 Our plan is simple: carefully sell put options into pullbacks with the intent to take delivery. Once this market starts pushing into the 8's, we will ...
welcome to another free signal!
Important: Wait for the breakout and buy the retracement!
Target 1: 109,300
Target 2: 110,308
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good ...
Wow what an amazing jump! Does it mean the bears are back in hibernation? Doubtful.
Boxing Day's record 1k rally was just an impressive a-leg of an a-b-c minor correction after a punishing 3rd Intermediate wave in the current bear wave. Trend is still Bear!
Note in chart the abc pattern extension to 0.50 Fibo coincides with the 0.618 Fib retracement of the ...
Getting this chart up for a long entry at $45.41, based on the 50% retracement holding at $44.68. Based on the prior scorching downtrend, really wanted to make sure that this held first.
*My fib retracement tool is reversed to show extension levels*
Take profit: $49.33
Stop loss: $43.75
Floor trader pivot gave support on S1 at around $42.50-$43. Someone pointed ...
After a fantastic day of trading yesterday, we're looking to have the potential for another today as I have 6 out of the 9 pairs in my trading portfolio on my watchlist.
On the EURJPY chart above, we've just completed a double bottom pattern and my next projection for price is a move up to the 128.50-1.2950 level where we see our previous structure resistance. ...
BTC now down to the critical 3500 to 3600 zone.
Hard to speculate on what happens from here.
My Opinio is the 0,5 Fib Line reacts now as resistence if we break this resistence upwards we can go to the old support line i marked it with a red circle.
My Overall opinion on the market is still bearish but we can see for now a bounceback.