AleksandarLomtatidze

AleksandarLomtatidze Updated 

We have entered an elliot wave formation and the pattern is repeating itself from past setups. Great opportunity for going long.

AleksandarLomtatidze Updated 

A bit of Gann/Fib TA on BTC. Let me start off with confirming that BTC is still in a bullish trend. However, BTC broke 1/2 Gann angle and will test the 1/1 level. IF it holds, BTC will resume it's growth and possibly reach 5k USD level by mid october. IF it breaks the 1/1 level, it will test the 2/1 level around 3000 USD to 3500 USD in the coming weeks. That...

AleksandarLomtatidze Updated 

EUR/USD has been on an uptrend recently. Bollinger shows no signs of trend reversal. Fib level was tested and held. However RSI shows oversold conditions, while SMA and MACD show possible trend reversal. Long term traders should wait for more data as the pair will likely continue the uptrend, while day traders might short it for a few pips profit.

AleksandarLomtatidze

USD/JPY has been on a downtrend recently. EMA, bollinger and MACD have been pointing to it. I would play a safe short, wait for a fib retracement level to hit and short it.