This market is likely to repeat the previous pattern it made on Friday and I think we will a nice move to the downside. The market has also touched the upper trendline and we seem to be getting a reaction. This a day trade so that's why I won't be giving any detailed analysis but feel free to leave any opposing comments or views you might have.
This market is likely to repeat the previous pattern it made on Friday and I think we will a nice move to the downside. The market has also touched the upper trendline and we seem to be getting a reaction. This a day trade so that's why I won't be giving any detailed analysis but feel free to leave any opposing comments or views you might have.
So USDCAD been in a correction for the past week and I think the correction will likely end here so I expect the bullish trend to resume very soon. We have a classic ABC correction and the market has come into a previous structure resistance which will now act as a support, this zone is also happens to be the 127.0 Fibonacci zone of the (A) mini impulse leg. Which...
So USDCAD been in a correction for the past week and I think the correction will likely end here so I expect the bullish trend to resume very soon. We have a classic ABC correction and the market has come into a previous structure resistance which will now act as a support, this zone is also happens to be the 127.0 Fibonacci zone of the (A) mini impulse leg. Which...
Following my last forecast on bitcoin, it is now presenting us with another buy set up and this could be the move that will help us complete wave 5 of this correction just above 8k and from there I expect the market to give us one more leg to the downside where we have a trendline support just before our previous structure low and either of them could help up us...
Following my last forecast on bitcoin, it is now presenting us with another buy set up and this could be the move that will help us complete wave 5 of this correction just above 8k and from there I expect the market to give us one more leg to the downside where we have a trendline support just before our previous structure low and either of them could help up us...
This pair has been in a sideways consolidation in the last few days and whenever the market is in a consolidation we tend to see a lot of advanced patterns and we have one right now that is very close to completion. We also have a potential sell setup developing. The market could break the mini trendline before completing the advanced pattern and continue going...
This pair has been in a sideways consolidation in the last few days and whenever the market is in a consolidation we tend to see a lot of advanced patterns and we have one right now that is very close to completion. We also have a potential sell setup developing. The market could break the mini trendline before completing the advanced pattern and continue going...
So the eurcad has been in the expansion phase over the last 3 days and it has already retested the support line and now it's back above the middle line and we also have a buy setup forming so we are looking for this market to go and retest the highs and possibly reach our target at the 127.0 Fibonacci extension! Any different views or comments are...
So the eurcad has been in the expansion phase over the last 3 days and it has already retested the support line and now it's back above the middle line and we also have a buy setup forming so we are looking for this market to go and retest the highs and possibly reach our target at the 127.0 Fibonacci extension! Any different views or comments are...
Bitcoin is in the middle of a possible 5 wave correction and there's currently a buy set-up that will complete the 5 wave correction. This correction however, will likely present us with only a short term sell trade because there's a major trendline which I expect to act as a support that will give us the complete reversal into a bullish market. If you have any...
Bitcoin is in the middle of a possible 5 wave correction and there's currently a buy set-up that will complete the 5 wave correction. This correction however, will likely present us with only a short term sell trade because there's a major trendline which I expect to act as a support that will give us the complete reversal into a bullish market. If you have any...
This currency pair is in a daily corrective structure which i'm expecting to break to the downside. The market is currently at the 61.8 Fibonacci retracement line of the impulse leg. I'm expecting a breakout, followed by a sell set-up which will give us a trade to the downside and if that happens I'm expecting the trendline to act as a support. All comments and...
This currency pair is in a daily corrective structure which i'm expecting to break to the downside. The market is currently at the 61.8 Fibonacci retracement line of the impulse leg. I'm expecting a breakout, followed by a sell set-up which will give us a trade to the downside and if that happens I'm expecting the trendline to act as a support. All comments and...
The rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed. Levels to watch out for; 1.) Previous structure high which will now act as a minor resistance @ 112.20 2.) Resistance at 114.60 (Oct. 2018 High) 3.) Resistance at...
The rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed. Levels to watch out for; 1.) Previous structure high which will now act as a minor resistance @ 112.20 2.) Resistance at 114.60 (Oct. 2018 High) 3.) Resistance at...
Bitcoin has come back to previous structure support and this presents us with an opportunity to go long. Now this market is bearish on a higher time frame that's why it's a short term trade because at some point I will expect the market to reverse and continue going down so let's wait and see what happens
Please Like & Share to support my work! Thank you. Ripple has encountered a minor resistance and I think it's about to continue its descent back to the previous lows. It will a very good idea to go long on ripple if it does break the previous lows. It's currently in a corrective pattern which likely make its way down in the medium term.