DanLaffas

DanLaffas Updated 

I believe we will see a stop run on the downside before we see any higher highs

DanLaffas

I believe will be looking to find support at the 1295 level before moving up to take out the highs around 1370.

DanLaffas Updated 

We have finally seen $BTCUSD shift to take out the last weekly swing high. To me, this signals a shift in market structure. Be prepared to see price waffle around up here this week; to be followed over the coming weeks with a run below $6000 to take out the long holders and shake weak hands. Eyes will be on a stop run to the 4100 - 4500 level before the bull market begins.

DanLaffas Updated 

I've just entered a short position at 0.443 and targeting 0.28. I will take some profits off the table at 0.32

DanLaffas Updated 

Overall I'm looking for a move back to 0.32 and/or 0.28 for $XRPUSD. I am expecting the old weekly high at 0.52467 to now provide resistance and assist in limiting the upward momentum at this time. A spike through could be expected but a close above that level on the daily time frame would negate my bearish bias and I'd look for the level to become support. For...

DanLaffas

Trade parameters in the chart. Looking for a second leg down to the consolidation for an entry.

DanLaffas Updated 

While analysing the current market conditions I have come across this potential scenario which I am beginning to think could be a highly likely outcome. I have taken note of ronfkingswanson's latest XRP chart and see some validity there. With the expectation of the Ripple Q4 report any day now, and the positive news expected, we could see a strong rally up to...

DanLaffas Updated 

While price action has so far followed my previous chart, I now believe we will see a deeper retracement. You will see we didn't take out the stops at the 0.86 level and instead have put in a triple bottom (H4 chart and lower). From here price has now rallied creating optimism for the bulls in order to build sell stops below the triple bottom. I see this current...

DanLaffas Updated 

Here's my thoughts on the possible movements of $XRP over the coming days. I am anticipating price to move below the ~$2 level which is the yearly open. With the expectation that the yearly candle will be green/bullish, that means any movement below $2 will turn out to be the wick. There is currently a void on the weekly chart and I have marked out the level...

DanLaffas

Just my thoughts on the current price action.

DanLaffas Updated 

Outlined here are two possible outcomes for $UBQ in the coming weeks and months. - Option 1 is based on the equilibrium of the weekly breaker holding - Option 2 is based on the equilibrium failing and the big money looking to take the stops below 25k into the lower weekly breaker. There is a small void between the last swing low and the April high at 23.5k which...

DanLaffas Updated 

After North Korea's missile launch today and the initial reaction in USDJPY I had a look at the last response on August 29. I've noted the missile launch times in the chart (based on Australian times). Using the last reaction, I am anticipating a run down for the rest of the Asian session and then expect a rally from the London session to take out the current...

DanLaffas

If this or the next H4 candle closes above the double top, I will expect a retest of the support/resistance level at around 1330 - 1334 befor continuing higher

DanLaffas Updated 

I've just been playing with potential future movements of Bitcoin and I like the layout of this one. This isn't a prediction worth planning trades on but more for my entertainment, to save it and see how it compares to the actual future movement (Just like I did with by 'Bump and Run' chart years ago). This one assumes the top is in for this stage of BTC. Either...

DanLaffas Updated 

GBPJPY has been holding this trendline but I see plenty of space that needs to be filled in down below before we head north. Looking for this to play out over the coming months and into next year

DanLaffas Updated 

I think we will see a rally in $USDCAD to take out the double top (two red ' x ' above current price) before it starts it's real move down to take out all the stops (' x ') below the market place. I would anticipate the high between May-July. I am posting this for my own record. This is just how I am reading it and does not constitute trade advice.

DanLaffas Updated 

Trade parameters are in the chart

DanLaffas

I think this bull run still has some steam left in it and we will see higher prices on $AUDUSD in the next week or so. Trade parameters are in the chart. I am posting this for my own record. This is just how I am reading it and does not constitute trade advice.