Aqua_Trader

Aqua_Trader

We can see that Bitcoin, according to my wave count is now in development of wave 5, which also happens to be an ending diagonal as indicated on the chart. Therefore this makes me believe that we could setting ourselves up for a major correction after some further upside, until wave 5 is fully complete. Apart from that one further reason that makes believe a...

Aqua_Trader Updated 

The pair just completed 5 impulse waves and the Wave A and B of a Flat ABC correction in my opinion, therefore I'll be shorting this pair to the bottom as displayed on the chart. As further confirmation the pair formed a gravestone doji at the top of the Flat correction. Implement your own due diligence before executing a trade. For further details join us...

Aqua_Trader Updated 

We can see that the pair has just completed Wave number 4's ABC correction, and has just broke out of the ending diagonal that occurred at Wave C as indicated on the chart. We can now expect some consolidation occur in the form of a flag, perhaps even retest the bottom of the Ending Diagonal before the price pushes down further. Implement your own due...

Aqua_Trader Updated 

As we can see the pair is now at a major level of resistance. I am staying very bullish on this pair but I would like to see the Daily Candle break above and close above that major level and only then I would be considering a long entry. It does look like it has a lot of momentum, and therefore more upside. Trade safe and implement your own due diligence before...

Aqua_Trader Updated 

Not much to say other than the fact that we could be setting ourselves for a big move down, following the trend. We can already see the pair forming a bearish flag so watch closely for the break down. Trade safe and do your own due diligence before entering the trade. For further insights join me at: www.valuedbusinessconsulting.com

Aqua_Trader

Refer to my other EUR/JPY trade idea in the Related Ideas section below. For further insights join me at: www.valuedbusinessconsulting.com

Aqua_Trader Updated 

We can see that the pair has reached a level that had not been retested since February 2016, and upon touching it, it bounced off and broke the major upper trendline a few days later. After the ECB meeting and Draghi's talks regarding QE we can assume some further weakening of the euro for the days to come. We can also see that a H&S pattern formed and I would...

Aqua_Trader Updated 

Reasons for short 1) Daily Evening star formation at a key point 2) Weekly RSI Heavily Overbought 3) 3 Accumulation and Distribution phases complete Trade safe and do your own due diligence before entering a trade For further insights join me on www.valuedbusinessconsulting.com

Aqua_Trader Updated 

The corrective structure of the 5-3 Wave pattern is already in play. For the Head and Shoulders to be valid there must be a break of the neckline, which for cluttering reasons I didn't draw up, but I think is obvious. Trade safe and do your due diligence before entering a trade. For further insights join me on: www.valuedbusinessconsulting.com

Aqua_Trader Updated 

We can see that the pair has broken through a trendline that dates back from the 1st of June 2017 and is now consolidating, which makes me think that it will be retesting the broken trendline and that is where I will be looking for long opportunities. So Scenario 1 is that the pair will keep going upwards some more. Now Scenario 2 which is also a possibility,...

Aqua_Trader Updated 

As we can see the pair has been in a corrective structure for around 2 weeks now and formed a nice descending channel, but we have now reached the end of it. The question now is, will the pair break above and continue upwards or will it break through the trendline and further downside? From a technical standpoint we can see that according to my wave count there...

Aqua_Trader Updated 

Looks like I missed a good opportunity on a 5-3 wave pattern. Nevertheless as traders we're only as good as finding the next move which is exactly what I did and I found an opportunity to go long at the 38.2 Fib level of the most recent swing and thus joining the trend at the same time. Trade safe and do your own due diligence before entering a trade. For...

Aqua_Trader Updated 

The pair has been in a strong decline for the past 10 days now, and looking at the higher time frames there is no real reason for any counter-trend trades at the moment, which is why I'm considering a short position with the first small pullback we will see in the lower time frames. The primary target is the key level of 0.72220. When and if the price reaches...

Aqua_Trader Updated 

As stated on the chart we can see that the price is at a key level, which acted as a turning point in the past and could do the same now as well. As we speak the price action suggests a Morning Star Formation on that level, should the candle close where it is now or even higher. With the tensions on the geopolitical level easing (we can clearly see that with the...

Aqua_Trader Updated 

- Aggressive Approach = I could sell right now after the Daily Doji at the top of the Wedge and ride the price down to the bottom of the Wedge, and then Buy and ride the price back up -Conservative Approach = Wait till price reaches the bottom of the Wedge at (4) and the Buy. -Scenario 1 = Price could break out from the Wedge to the Upside (since it's retesting...

Aqua_Trader Updated 

TRADE SAFE AND DO YOUR DUE DILIGENCE BEFORE ENTERING A TRADE.

Aqua_Trader Updated 

Scenario 1: Pair could retrace up to 78.6 like it happened in the past and then shoot up Scenario 2: Pair retraces only up to 61.8 (where it is now) and shoot up *DO YOUR OWN DUE DILIGENCE. THIS IS NOT A SIGNAL.

Aqua_Trader Updated 

Reason for short: 1) Minor Upper Trendline broken with one strong bush so (bias is still bullish but there is a small counter trend opportunity - therefore a tight stop loss since this trade carries high level of risk) 2) Pair was unable to push through a major level of structure and immediately later the trendline was broken Target is set for 2 levels of...