JonasBenjaminFriedrich

JonasBenjaminFriedrich

WTI has made a jump to the upside over the weekend due to the news development in the middle east. After that the Saudis announced that 70% of the damaged has been restored WTI has come back down. Now we have reached a support zone (blue area) this zone could be used to a speculative long swing.

JonasBenjaminFriedrich

Interest Rates have been cut 0.25bp as expected, but more importantly what will Jerome Powell tell us during his speech? My short setup (WXY Corrective Structure) as shown before stays in tact as long as we don't break above the price area marked in orange on the chart. After the meeting we should know more. Be save in the Markets

JonasBenjaminFriedrich

USD/JPY could resume its downward movement again at the 78.6% Retracement from previous high and at a 100-123.6% Fib-extension A-B as a corrective ABC move to the upside could very well find its end here. Please dont take this signal blindly wait for confirmation on the smaller timeframes. If confirmation comes there is a good risk reward ratio for this trade at...

JonasBenjaminFriedrich

As mentioned in my EUR/USD bigger picture Analysis (please watch that one if you haven't) there could be a bigger Low forming here. We have seen a move to the upside ofter the ECB meeting and as long as we don't violate the two lows now highlighted in the chart this idea is still in tact and can play out. Definitely keep a look on this pair.

JonasBenjaminFriedrich

I am still expecting the German Market Index to be in a corrective triangle (big wave 4). As long as we dont make new highs respectively dont go over 12600 this setup can play out.

JonasBenjaminFriedrich

I am expecting the German Carmaker to be in a bigger correction which should find its end around the 30 level in price. Entries and stops for a short swing should be managed on smaller timeframe. This is a weekly signal but the actual position should rather be managed in daily and 4h.

JonasBenjaminFriedrich

This is my Analysis of the Oil price. I am expecting that we are in ABC structure to the downside currently therefore short-term bearish. However should we hold the price level area around 45-40 this ABC could finish there in a bigger wave 2. So in long-term we should carefully observe the price area 45-40 for a potential long entry (longer-term).

09:07

JonasBenjaminFriedrich

Please watch the video carefully to understand my Counts. There are points where certain scenarios become invalid.

08:57

JonasBenjaminFriedrich

Today the ECB Meeting takes place. At 13:45 the Interest Rates will be announced here a cut is expected and already priced into the markets. At 14:30 it should get really interesting here Draghi will hold his last important speech at the ECB, it is expected that this speech will be very dovish kind of a farewell present from Draghi and we have seen that the...

JonasBenjaminFriedrich

As mentioned in the last Video Analysis of EUR/USD, I am expecting this pair to make a 3 Wave move down into the 50-76.4% Retracement Zone. This has happened now. This current Level will now get interesting as a potential up swing area, we need to watch carefully the price action if we should be seeing another swing to the upside developing the possibility that we...

07:00

JonasBenjaminFriedrich

Hello Traders and Investors please watch this video carefully to fully understand my trading idea in the S&P500 and conditions to setup and stay in this trade.

JonasBenjaminFriedrich

It doesn't mean that this EW-Count needs to play out (wave 4 could already be finished). However I am just taking this into assumption as another szenario, in which the corrective wave 4 is still going on and plays out as a more complex and streched out structure in time. If this is the case, then it could be looking something like this. Also note how the wave 2...

07:56

JonasBenjaminFriedrich

I am thinking Euro/Dollar could finish a bigger corrective structure, however during the ECB meeting I am also expecting another move to the downside. After the meeting is done there could be bigger long swing playing out since I am assuming that most of the ECB rate cut on Thursday has been already priced in.

JonasBenjaminFriedrich

I expect Bitcoin to finish a XWY move which should bring the crypto currency to a 8000-7000 price level. This area around 7K will then be a very interesting decision point wether we can get another impulsive up leg long term and remain bullish overall or wether we go under the 7K level in which case I don't expect a bigger recovery of the bitcoin price anymore in...

09:31

JonasBenjaminFriedrich

JPM is interesting at the moment. I have 3 Szenarios at the moment, take a look at the video for more

09:13

JonasBenjaminFriedrich

My Elliot Wave of Apple in the Big Picture. I am assuming this Stock to still be in corrective Wave 4 at the moment which should stretch out a little bit longer. This assumption however is only valid as long as we stay under the 260 price level.

03:06

JonasBenjaminFriedrich

I currently see 2 opportunities in this Stock. One would be short entry for the last move down and the other possibility is a long term buy once the corrective ABC structure has finished.

JonasBenjaminFriedrich

I am expecting the USD/JPY to finish a corrective WXY either around the 50% level (orange count) or latest around the 76.4% (gray count) from the last high.