Looking at a bullish scenario for FX:AUDUSD , Found bullish divergence on MACD with a moving average crossover buy signal. I believe this bounce up was the beginning of wave 3. If wave 3 can reach this next area of resistance which is well above the wave 1-2 1:1 fib extension then it may possibly reach the 2.618 extension
Be Aware Of THIS Scenario 2.0 As I said on my last update, it looks like we're going to drop again. It all looked bullish for a while, but since everyone was sure we had a bounce at $9,200 this support simply could not hold. Let's move on to the scenarios before Bitcoin breaks through the $10,000: Scenario 1: We form an expanding flat and test either MA 50 in...
Be Aware Of THIS Scenario Should we actually break down, which is very possible, then do not panic! I see that in people who act emotionally, again and again. You are selling, Bitcoin is actually going down $400-300 and you are thinking that it will fall more. After a few hours you will see that the price is back above your selling price and that's how the...
It seems Bitcoin has bounced off the critical zone. Since I had a sell order at around $9500 this night, I got away well. On my last idea, I said that Bitcoin breaks through this zone only if it forms a flag before or after it. With this update I would like to warn you that it could be this way again. So be open to this scenario. I've shown you the current options...
If you checked my previous idea on BTC, you can see that we have too many signs for a bull run which we shouldn't ignore. Even if it's not certain, it's always the best to take position for all circumstances. Before we rise, i think we will have a small drop to around (minimum) 7.5k where we have decent support and that spot also corresponds to the bottom of the...
Monacoin has formed a double near $2.8 after which it attempted to break above the downtrend trendline, but no clear breakout followed. Price went back and formed another double bottom at 88.6% Fibonacci retracement. Clearly there is strong support around $2.8 and this could be a potential reversing point for MONA/USD. But it could be a little premature at this...
Hello, pretty probable senario with all of the FUD coming out last 2 days, closing a Head and shoulders pattern and bouncing back up based on the news if they manage ot pull the Wraith Protocol out. Also Bitcoin is gaining momentum so you need to watch this out. It's along trade with first target the previous ATH marked on the chart. Happy traing and remember...
Bitcoin: BTCUSD Update into the Weekend:Scenarios The battle continues and finally the bears have made an impression on the upper parallel, pushing price down to 7800, where pin bars from earlier show some demand (not shown on chart, but significant to the very near term now). There is no winner yet, though. It can move sideways from here, meeting demand off the...
Scenario: No "Black Monday" crash next week - 30 years after the "1987" stock market crash. What if there is no large stock market crash in the next week and instead we get to see lots of new all-time highs as bulls keep pressing the marketing higher and higher? Based on my own research the odds for a crash next week have strongly increased going into next...
I've realized that I've making too many trades lately and with increasing complication in my analysis. This trade is my attempt to go back to the core of being a contrarian, trying to find the most "pain" in the market and benefit from it. My game plan is now: first looking at retail's positioning that is the most extreme for the currency pair in focus,...
GBPJPY Possible Scenario - Wait for close under trend line and retest it for short or above trend line with retest for long.
Since there is significant pressure in the cryptos until Aug 1st, I expect ETHUSD to sell a bit more. Not that it is not enough. There is significant buying at 180s, and orders at 160s. Scenariocast is: The key levels of significance 120 and 220 to become a band whilst keeping its move within the falling wedge until reaching August 1st.I find it likely to see a...
Long @ 1.30 LT HTF Support Zone + Previous swing low area Stop: below previous swing low Target: previous swing high around 1.32 (+4R potential)
The pair forming a 100 pips range between 113 and 114 Range entry strategy Long at the bottom and short at the top of the range Long entry valid around 113 @ ST support Short entry valid around 114 @ ST resistance Stop outside the extreme zones
After a long battle the bears are gaining control again at the start of earnings season one month before the US election. The odds for the bulls to hold the red trend line the next weeks are slim and falling, therefore I drew four scenarios how the "S&P 500" might move in the last quarter of the year 2016 and further in the year 2017 after the US election. I...
Here is the scenario I expect for the short term, I will update this idea as I go along in my trade.
Here is the scenario I expect for the long term, I will update this idea as I go along in my trade. So I'm buying a put option now and another one if it continues to move up, my puts will probably be going for around 80-100 days until expiration.