Hi Everyone, Hope you are all doing well and have accumulated a healthy amount of coins. I am basing this current chart off of the 2017 September Market Correction to anticipate how markets move. Because if its one thing about stocks/crypto...markets always have patterns. While it is not exactly apples to apples (comparing LTC to BTC charts). LTC is currently...
I have already stated LTC will hit $500 in December: Also stated we are getting close to a major correction: I feel as if we will hit the final wave and move upward before we start seeing a correction back towards $300 range. From there we can probably resume a normal 45 degree trajectory of growth We are at the cusp of a breakout and it will be exciting times...
I expect a pullback towards 1.1800-1.1700 before potential retesting 1.2000 & possibly higher
So the orange line is from my original TA's did not change anything. Readjusted the blue prediction path based on our current market price. Overall, lines up with my original analysis. First of all ,this might be one of my weaker TA's. Very tired as of writing this with less than 4 hours of sleep. Brain dead. My last three TA's have thus far been fairly accurate...
Firstly, I would like to apologize if my chart is not to scale. This is the second chart I have ever drawn and a complete and utter noob at it. Anyone who is willing to teach me please DM I would greatly appreciate it. I would also like to say thank you to everyone who gave me a lot of support on my first TA on Tradeview...I never thought that it would hit that...
Technical analysis is key when finding entry points, Here i have EU pulling up some to retest broken structure to overall get ready for possible shorting opportunities!
I'm Bullish on the U.S Dollar Index, I expect a slight pullback printing a new Higher Low before heading higher!
WITH NFP coming up tomorrow I expect EURUSD to continue its downtrend towards 1.16000 then 1.15000!
With the current trend forming Swing Lows and Swing High Points I'm looking for AUDJPY to print a new Swing High point find resistance to continue the overall bearish market!
Given previous market news , and being that Theresa May brought overall price of Sterling Down with her speech Friday. We can come the conclusion that the current monthly support level will in-fact be respected , and has been. Overall uptrend however we noticed about 150 Pip correction within the last 3 days . 152.8 , 151.4, 150.5 , 150, 3.
Price retraced to our 78.6 retracement and formed a new higher low on Daily time frame we're looking for price to hold at support and form new higher highs back toards 0.8050-0.8100 area
Still bullish on USDJPY. Message me to find out why!
The EURGBP0.18% has multiple times had trouble with the dashed blue line (both now and in the past, go the the 4hr chart!) but has recently broken through it and is now coming back up. We look to short it when it comes back into the 0.7155s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We are also...
The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should...
Everything is on the chart guys. Fibonacci cluster consisting of 2 retracements (.382 and .50) plus the 100 extension from the previous price retracement. All of this lines up perfectly with previous support/resistance + that we're in a bullish trend. Good luck everyone and hold your thumbs!
Longing AUDUSD on this beautiful 1 hour pinbar in obvious uptrend. Our stop is the last low. we have two strong resistance levels until then and hopefully we will continue to the upside. Risk:Reward = 1:2. - Trade with the trend, you wouldnt try to roll a stone up a hill when you could just as well roll it downwards.
Longing audcad from this resistance to the last top. Pinbars/dojis confirm our entry. The blue dotted trendline also speaks in favour of a long on this pair for a 1:2 risk:reward. Hold your thumbs!
The 2000 and 2007 down trends seem to have really started when the blue Stoch RSI line crossed below 20, which seems to just occurred here. Will a downtrend start in the next two months instead of September? Stay tuned! Same bat-time, same bat-channel!