MrKrft

MrKrft

bullish consolidation ahead

MrKrft

eu turns as expected, consolidation ahead

MrKrft

chart highlightes two different possible scenarios, we are currently trading in a corrective pattern (elliott waves), which means c wave is about to come this upcoming c wave would drop us out of the bigger trend we are in right now oscillators show us we are slightly overstretched on the bullish side, which also means we are more likely seeing upcoming downside,

MrKrft

some consolidation but exponential phase yet to come trend development can be divided in start phase, acceleration phase and an exponential phase, we already got a very long start phase and currently ended the acceleration phase of bitcoin, this gets way clearer on 4 hr timeframe, im so far assuming exponential phase is yet to come, this is also fitting...

MrKrft

Current reversal could bring us out of trend, we just hit ath and are currently trading in a corrective abc pattern, which could bring us way further down, watch or short this

MrKrft

dxy is printing shs pattern, and will then continue being bearish from june till august another view on current price action with fibo channels

MrKrft

eu hits horizontal and trend support, eu looses stamina indicators at max, time for a turn

MrKrft

taking profit on eu

MrKrft

very intersting price action ahead of us, unbroken eu faces resistance soon, trend and momentum are unbroken yet, current wave has lot of potential remaining, im expecting eu to continue rising to 1.21, where we will hit trend and horizontal resistance

MrKrft

try is trading in a very bad downtrend for quite a while now, there are no signs that turkey becomes more attractive to foreign money any time soon this downtrend will be ridden

MrKrft

the crypto curve represented by its leading cryptocurrency bitcoin is obviously slowing down, normally we would expect a turn here, but the sentiment on bictoin is too bullish in my view, also the dollar will probably remain weak due to inflation targets and the huge dollar supply, what will fuel the bitcoin im because of that not expecting the bitcoin to come...

MrKrft

tsla is looking very bearish, according to current pa with tsla being left behind within the latest nasdaq wave and according to a match of elliot, fibo time and trend, im expecting tsla to break its uptrend probably around may this would change if tsla gains unexpected strength next 2 - 4 weeks, but until then i cannot recommend tsla trades and would suggest...

MrKrft

eu is about to print its first impulse wave, i am expecting a bullish sentiment until end of april according to fibo time we just finished 1st wave and are currently in the 2nd bull wave one more consolidation and a 3rd bull wave is yet to come according to wave theory this will be very exciting to monitor

MrKrft

i cloned the last impulse wave and matched it with current trend and horizontal support lines

MrKrft Updated 

be aware charts says it all this fires dxy donwside potential

MrKrft

Dax is moving up into a higher trend channel and rising from support, there is lot of upward potential remaining...

MrKrft

lets have a look at eu on my favorite time frame, time says we are turning again right now, price is rising from a strong horizontal support bullish price action ahead of us, upcoming wave could run longer than the previous wave

MrKrft Updated 

its very hard to imagine a rising dxy with the fed printing huge amounts of usd, how long will dxy keep consolidating ? Nevertheless chart says its possible for the dxy to maintain its uprising trend, we will keep an eye on that