About meHere you will find views & opinions based on the combined knowledge & experience of our team. We are traders in most markets including equities/stock, options, futures, forex and even crypto. Strategies include, Wyckoff, Elliot Wave, Pocket Pivots & Algo
Cooper Energy Limited (ASX:COE) is an energy company which focuses on exploration and production in oil and gas. COE has a portfolio comprising of prospective acreage in the Cooper, Otway and Gippsland basins Australia. As the Sole gas project draws closer to completion (expected end of May) there is more interest being generated, with CBA and its related entities...
After four years of a declining aussie dollar, and price reaching close to GFC levels, there has been a slow recovery.
Around mid 2016 price started to trend higher until the first quarter of 2018. There was that stop run again, during New Year 2019, to re-test the lows of 2016 and produce a double bottom.
This movement put price right into the buy zone on the...
Since to large stop run on new years eve, we have seen this pair move higher over the first quarter of 2019. With higher time frames showing bullish activity, a buy pivot was printed on Monday when price was
in the buy zone of the previous buy pivot candle. With the MACD to confirm the direction, now is a good time to get long. I'm looking for a target of 184.240...
The cable has slowly being coiling like a snake, ready to break higher out of its range. We have a divergence between MACD and price to confirm the move.
Trend lines are only draw to highlight the divergence between the MACD and price so they are not use in my analysis.
All other higher time frames are bullish, where we have a target of 1.6390, which is the POC(...
If you are suffering from FOMO today with the big move in bitcoin, don't panic. The price action will re-trace back to 4647 level,
where I expect a lot of pending orders are waiting to be filled.
The next entry level to buy will be around the 4400 level (the 25% fib), so don't feel you have missed out.
This will also be a retest of the prior range, which started...
I'm still bearish, but I believe price needs to move a little higher before the bears appear. A nice bull trap to break the all time high, before a reversal to the 1800 handle.
Calculating the mid point of the wave and using symmetry, the target should be around the 3100 level. Coming from another angle, I used another method to get close to the same result.
After falls in the index in the last quarter of 2018, we have see a rally back into the sell zone(87.5% fib).
My target would be around the 5000 handle, which is nearthe 75% fib level on the monthly chart . This area is where the bulls should turn up,
as the index is in a very strong bullish trend on the monthly chart.
After an accumulation range with higher wave top and higher wave bottom, price pulled back into the 50% Fib level with a buy pivot printed on the daily chart.
A sum pull back on Wednesday in to 50% fib of the previous day is a good sign that all the supply has been absorbed. I'm happy to get long here with as target of $865.
Its been a long wait for a lots of us but final we have a strong long entry signal.
Nice pull back into the buy area(75-87.5) with a nice buy pivot printed 2 days ago.
The RAVI is confirming that a trend is in progress with a reading of 3.865%(trending markets are >1%).
The price didn't get as low as I would have liked but I'm happy to entry a position at this level.
ASX:GNE has generated an entry signal on the daily scan. GNE sells electricity, natural gas and LPG to one in four of New Zealand's households through two retail brands: Genesis Energy and Energy Online.
BTCUSD finally got interesting over with a break above the 4000 handle. With a buy pivot on the weekly charts and a buy pivot forming on the monthly chart, I'm look a long position around the the 3760 level.
My hope is that price pulls back in the buy zone around 3500 to get a better fill. This will confirm my previous analysis, with a target on the weekly chart...
After a long accumulation range that end last quarter of 2018 , we saw a breakout with the price reaching the mid seventies.
This was our first indication that a trend is about to begin. The price then pulled back into the buy zone(75-87.5 fibs) and produced a buy pivot.
Good stopping volume came into halt the price as it move back to the center of the...
After a long accumulation range which start in 2016, the Aussie moved higher until February 2018, then selling off into the buy zone at the end of 2018.
A nice large pin-bar on new years eve saw stops being run out , since then we have seen 2 buy pivots. Should see the Aussie trend higher, breaking the 2018 high, as the gold price moves in a strong up trend.
Since the first quarter of 2015, the EUR/USD has been in an accumulation range until a breakout to the upside in May 2017.
Price has now pulled back to the POC (point of control) on the weekly chart, which is a retest of the prior range.
A weekly buy pivot is now forming at the 50% Fibonacci level. A long entry signal on the daily chart has now printed.