Well for sometime I been waiting for a final washout in wti into my two targets 1st was 49.58 we saw that and rallied to 54.5 in a 3 wave rally then we formed a triangle for a 4 wave or a alt is that todays low at 47.26 is a wave B low both wave counts now point to a sharp rally as the alt downside was in a window of 47 60 to 45.98 therefore I am long...
Hey guys, here we go again.
Im thinking of publishing every trade i take here for a time from now, what do you think about it ? Leave a comment.
Today in US Market Session we entered a buy on NZDUSD. Above you can see our analysis on this pair on the 4h timeframe. Price formed a support zone (marked in the grey box) - even on the daily. The lowest low is a fake...
S&P 500 Index SPX500USD
Was looking for a selling climax around yesterday's open, leading to a counter rally which would last into Friday's US open before falling away again.
Well we got the counter rally just after the open in US, leaving a spike off the low at 2708 and 9 points from the next support line at 2699. Not much good, really.
Then the S&P had to...
There's a lesson to be learned every day! For me the lesson is: always "cost average" into a position. I was too lazy to ladder in, so I bought at the .618 retracement, and unfortunately we dipped deeper.
Putting it more correctly: unfortunately for me, because for those who didn't buy Bitshares is on sale today! We've briefly dipped below the long-term support...
The bullish tendency remains, yesterday BTCUSD overcame 6600 level and now trading on the 6700 level. 6800 level is the resistance, which sent the price down on July 8th, a breakthrough above this level will add more to the bullish view. Nonetheless, much more important resistance, for now, is 7000 level. As long as the price holds below 7000 level - either...
The anticipated bull scenario from the previous analysis of mine played out, make sure to check it in the related ideas.
The chart explains itself, there's a big chance for BTC to get to higher highs in long term. the next target will be 7000 - 7100$
Bitcoin Sunday Chart Update and Key Trade Points
So far this looks like a good Reverse/Inverse Head and Shoulders in classic formation with a perfect retest of the neck-line yesterday at 7600 (even more so because no one seems to have really mentioned it - the low today here is 7600 precisely).
It carries with it a minimum implied upside target at 8163 on...
10:00 gmt 05:00est Saturday Bitcoin Bitmex Chart Update
After holding up overnight Bitcoin began to break higher above
7450 at 06:00 am in Europe triggering the next long to the
7624-7735 range with a high so far at 7681 on Bitmex.
In doing so Bitcoin is defying the bears as it tries to complete
the RHS pattern we've been watching develop over the last
BTCUSD: Bitcoin: Next Trade Points
Bitcoin was expected to fall back to 7301 before bouncing
away again. In the event it fell to an intra-day low at 7273
before the bounce came. Not great.
Since then it's made a high at 7599 and extended to touch the
upper end of the same (less acute) parallels that have been
running inside the noise of the last 4 days or...
11:34 Gmt 06:34 Est Bitcoin Coinbase Update
OK. So a little a break higher to bust out bear stops around
7166 - stop hunters and bots! But at least a little
continuation pattern looks to be forming now giving us break
points either side of the smallest parallels . Only gets
interesting again once we see a break either up or down -
which we can follow with...
Bitcoin Bitfinex Update 14: 24gmt 09:24est
Having hit the near term target Bitcoin is unwinding off the underside of the upper parallel of what is still a large continuation pattern - it should spend some more time moving sideways to downwards as it consolidates the recent break higher and day traders take their profits and some reverse short too. It can come...
Bitcoin Coinbase Update 12:52gmt 07:52est
Although it's rallied above the 8768 line and held the the little
retest the rally from there has been very lame so far.
Looks to be waiting for more buyers going into US open. They
need to be there or this long shot will get stopped ...raising
stop to 8810 as if it gets hit it will come back to the 8768 line...
Bitcoin BTCUSD Key Levels Today
Busted out of the long just under the target at 11738 on the
Bitfinex feed with the high at 11700, some 38 points shy of
the final completion target. Cruel Bitcoin. We were looking to
short from the target - those who did so have been rewarded
for their courage. If you were one of them then well done to
you. It was close to...