EURNZD has a potential setup for sell after a harmonic pattern namely the Gartley pattern which has ticked the all the rules of the pattern.
NOTE: Sell only after breakout of the flag...stop loss above the flag preferably on the previous high.
BITCOIN...is showing a TEXTBOOK ELLIOT WAVE PRINCIPLE playing out on a buy. A 5th wave is playing out.
NOTE: WAIT FOR AN IMPULSE AND CORRECTION TO TAKE IT TO THE UPSIDE.
NOTE: TAKE NOTE OF TRANCATION OR FAILURE OF WAVE 5 DUE TO ELONGATED WAVE 3 ;)
Looks like BITCOIN has completed its correction or wave 4 as per the ELLIOT WAVE PRINCIPLE, therefore we anticipate buy setups as soon as the 9400$ is broken to the below. TARGET is anticipated at the 16000$ +-
NOTE : WAIT for flag to complete and buy at the breakout of the flag.
BITCOIN looks to be coming down correctively. Therefore we'll wait for target for another analysis again. Our target is at the $9000 area or zone.
NOTE : wait for correction or flag at current levels before taking it further down.