Is the correction over for US10Y ? Elliott wave count suggests that US10Y will go higher and uptrend resumption may has been started. US10Y as shown on the chart is in typical Retracement zone for wave 4s. Wave 4s usually retrace not more than 50 % ( some experts accept a shadow down to 0.618 level) of wave 3. In addition our wave iv is in territory of circled...
Hey tradomaniacs, orderflow and footprint showing absoprtion due to exthausted sellers. Likely to retrace back to resistance that would give us a nice chance to follow trend! What do you think?
Bitcoin continues to fall against the strength of the dollar, after breaking the support level of 19600, the price is retesting the area, and the second rejection from the supply indicates the continuation of the fall.
After a solid bear run, last week broke the daily swing low at 1680.88 but does not end there as the market target is below 1555. Now, it forms a change of character at the 15Minute TF to initiate the upside movement reaching at least 50% of the 4H swing in order to go lower. I did catch the rocket entering at 1664-1662 targeting 1682.
This is the huge event for Bitcoin and other cryptos but mostly this is the big day for bitcoin. MtGox is going to release 137,000 that’s worth over 3 billion of bitcoin. It’s going to take months to process and complete it, the big dump should be expecting soon while correcting the drop. It’s going to be pretty volatile but becareful. More events are coming...
>Good formation of the triangle pattern happened but the most important thing we need to watch for is good Volume build-up! > The upper Trend Line should be broken with the good volumes is the only concern! >Good formation of 'V' Shaped Candle Sticks is happened just below the 20 DMA. >The 4 Supports Levels are significant because they represent the higher low's...
NYSE:KR KR made a big move this week after the Q2 earnings call. I believe that it is now overextended. On the 15-minute chart, the big price action is seen. However, the RSI indicator shows a flat relative strength suggestive of bearish divergence. The Mass Index peaked out over 27.5 and is now dropped below is the suggested trigger for a reversal of...
Maybe I have been looking at these charts for too long but this looks good to me. If nothing more then part of it completed. Technically it's too soon to consider this because if you look up still plenty of room, but without some retracement is unlikely to me. We are also about to enter2nd MM Killzone. We just tapped the ceiling so, tapping the floor seems...
the price got the liquidity from the demand zone as I said in my previous idea where we were waiting for a clear breakout of 20k resistance. How to approach it? We could see a retracement on the Fibonacci level in order to grab a new long position for a new breakout from 22k, where the market has a strong resistance. So if the price is going to lose the support...
Welcome back! Let me know your thoughts in the comments! **USDJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
With a 86% Retracement we are looking for short setups as long as High Point A is not taken out. That will be a possible Divergence setup if A does nto hold.
As long as Low point A holds we are looking for long opportunities for AU. Fibonacci Retracement 86.0%. Tight STOP. Looking for Bullish set up.
Price has formed a double bottom pattern with bullish divergence suggesting bullish movement. The initial target for bullish retracement is the 32800 resistance zone.
We have been inside this green triangle since 1915. The downtrend line has been tested a few times and this is the first year it actually went past it and recently came down for a retest. Hard to feel like inflation has peaked also considering oil is still in an uptrend and the Fed couldn't have been more hawkish in the last Powell's speech, so we may be up for a...
As we have finally showing solid signs of bottoming, i would say that we have entered a wyckoff accumulation pattern at the lows. We've done something similar in 2015 and even in 2018, but it is looking more like '15. We are talking about completed crashing structure here, and not that we are just going to a new bull market here, at least not for BTC. With the...
Generally Bullish in HTF, EMA Crossover = TDIGM Divergence Its similiar to RSI or Stoch, but I changed the settings, so you can see the crossover before it happens GG EZ MATRIXv
The usdcad pair rallied to hit the resistance level as initially predicted in my previous posts but couldn't hold above it. This negative closing suggests that the price will make a pullback with the initial target at the pivot point.
The big drop should acure about around 1990 area should be a reversal point for the decision making. That is the strong area if not then 2400 should be a good place to drop. Since we are pretty bullish at the moment, also the merge is coming on the 15th so please be aware so the upcoming big drop. It is also pretty spikey so becareful :)