Ian_Carsen

Ian_Carsen Updated 

Price retracing soon, breaking trend line. My buy zone of choice. 0.382 fibonnaci lvl + strong supporting structure. Lots of good buy zones, but will price hit them? Look for volume. Lots of volume on retract and stalling price = Buy! See "LONG BTC" linked idea for reasons to buy BTC half a day ago--I bought at the very bottom of this correction! Last call--all...

Ian_Carsen

Trend break highly possible in near future. Using untested resistance level as option 1 entry. Trend line break is option 2 entry. Looking for some downside, perhaps ultimately reaching 3rd TP zone before stabilizing and ultimately continuing bull trend past $2000/OZ

Ian_Carsen Updated 

Bitcoin is currently under fire. According to my trading methodologies (first touch of untested levels) this is an excellent buy, and the lowest price you're going to get it bitcoin is going to continue its upward momentum and break 20K (a little above being my next longer-term target if we're going to still parabolic advance. If we break below the stop level I...

Ian_Carsen

A decline until positive weekly stopping volume seems likely. Just another view.

Ian_Carsen

Trend line broken, trend has reversed, NZDUSD typically move in strong trends, and it's time for a retracement! After all, previous trend was very extended to the downside

Ian_Carsen Updated 

Very high chance US markets (S&P500) will collapse from here (2910-2920) ... expected decline anywhere from 20-50% First trend line (on smaller time frame) broken. Now rejecting near smaller time frame trend start. Rejecting at trend start on larger time frame after losing trend Dec 2018 Smaller time frame short possible! May precipitate bear market with...

Ian_Carsen

Must surpass previous swing high to confirm start of reversal. If not, bearish trend likely to continue.

Ian_Carsen

It does not appear dollar can sustain its uptrend, may retrace violently. All USD forex pairs, gold, oil, equities will have upwards pressure.

Ian_Carsen

ABCD Completed + Strength showing at minor 0.382

Ian_Carsen

1. Broken Downtrend 2. Engulfing 3. Overall bounce at 0.618 level 4. Seems reasonable to retest valley 5. And top of triangle again Planned entry at 3615 Stop at 3515 TP at 4015 1:4

Ian_Carsen

Gold is at high place, bearish trend is still in force 1) 0.618 2) at daily structure (start of bearish move) 3) Bearish AB = CD completed 4) Kiss of death on monthly trend line 5) Just broke hourly trend line 6) Forming daily pin bar 7) US Dollar is strong, SPX may rally to broken structure 8) Daily RSI overbought 9) Daily stochastics very high TP1: 1240 TP2:...

Ian_Carsen Updated 

Trend broken,0.618 trade likely. Looking at previous weekly fractal for clues suggests entry at 0.618 with 2.5:1 risk:reward ratio US dollar is currently falling but should reverse this is somewhat worrisome

Ian_Carsen

Quick BTC scalp with 1:3 RR

Ian_Carsen

Either consolidation or have been in bear since Oct 1st 2018. Based on prior action, a bounce will likely retest 100w MA from below. If it is acting as resistance: short for 25%+ expected decline from that point. For consolidation, need more time to pass = more information. RSI top trendline break may signal resumption, whereas bottom trend line break may signal...

Ian_Carsen

Rationale on the chart! (bear market incoming it appears)

Ian_Carsen

Harmonics + Supply Zone after sustained drop, Favorable Risk:Reward

Ian_Carsen

Technical + fundamental reasons to go long. Trump and Xi agree on a trade truce while further negotiations proceed. Market needs this kind of news to reduce uncertainty of reduced profits in future and get people to buy.

Ian_Carsen

Oil has retraced 50% from the lows. $50 is an important psychological level. There's a nice trend line to break. And a clear consolidation. + a decline with no significant retracements. Momentum is stalling to downside. Plus much support. Taking a short trade at this point is undesirable