DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
PETRONE WORLDWIDE INC, BANK OF AMERICA CORP, SPDR SELECT SECTOR FUND - FINANCIAL, TRANSENTERIX INC, MICRON TECHNOLOGY INC, OCEAN POWER TECHNOLOGIES INC
S&P 500, Nasdaq 100, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Coffee, Cotton
Bitcoin / Dollar, Ethereum / Dollar, BCH / Dollar, Ripple / Dollar, Litecoin / Dollar, Ethereum Classic / Dollar
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
Good point to enter at fib 0.618 retrace.
The bottom of wave 4 expected in 5420...5250 area. Wave 5th targeting to 6500 area.
Bullish bias, target 63, next 70+.
Probable correlation with BTC tendencies.
The bubble burst and blows from 5.5 to 0.5. However, we saw the potential of :)
Wave 3 is nearing completion. A slight retreat expected and move up to a new highs.
Some retrace from resistance 0.265 expected.
In this stage main target and strong resistance at 4700.
Opportunity re-enter rally at retrace wave.
Strong resistance at fib 0.764 and sliding resistance line confluence (in 0.265 area).
Deep falls to fib 0.854 confirms this.
It looks like the price may stop at support 335. Then, it's likely to start a slow recovery - just like BTC once.
If bottom at 4100+, then targets are 4360 and 4500. (Support in 4130 area.)
If lower, then after the rebound price could fall to zone _3900.
Stop 0.46, but better use 0.5.
...and/or in 230...220 area. Target 320+
Need to overcome resistance at 4300 and 4400. Targeting to strong resistance at 4500 (fib 0.764 retrace from 2970 low).
...or _3400. Retrace from top_4000 completes 1-2-3-4-5 pattern, down to psychologically important value _3500. Bottom appears close to the fib 0,618 retrace level _3400.
And that's not the end. After the some retrace, of course.
Wave 3rd drops too deep and that's why it's not the pattern ABC but 1-2-3. Likely, wave 4 is now formed (top below 3900) and wave 5 must be expected as wave 1.
Targeting to 2700 area.
Stronger support zone is in 3000 area.
Above _3900 - temporary move up to 4100 area.
Need to overcome strong resistance at 4400 for new highs. While price below 4400, targeting to 3500 area.