TRIFRACT

TRIFRACT Updated 

While everybody and their brother is now short the EUR/USD in the 1.135 area I decided to take my 10pips profit and RUN. I got short like many people near the 1.136 area based on my last idea. The reason is checked other trading ideas and EVERYBODY is watching of the the two trend-lines in red in the EUR. When many people look into something, it normally DOES NOT...

TRIFRACT

DXY near potential support on two timeframes - 4H and Daily, needs a reaction to confirm it is working support before entry !

09:25

TRIFRACT

Bitcoin Analysis, Most Likely Scenario & Important Levels The charts:

TRIFRACT

BTCUSD Charts

06:38

TRIFRACT Updated 

EUR/USD & Dollar Index Update TRIFRACT - Shorter Term a bit more weakness for the Dollar Index then Big move up for the Dollar.

TRIFRACT Updated 

DXY Charts

TRIFRACT

For the leg down on the 4H to end, DXY needs to move above resistance on the 1H/30min time frame and create a new structure. This is why yesterdays highs in the EUR/USD might not hold and issued a warning for EUR/USD shorters based on simple trend-lines.

TRIFRACT Updated 

As much as I don't like TREND-LINES this one looks too good to ignore for a possibility of a reversal today OR on the 21st-22nd of March. At least short term reaction of sorts. Also the 30min chart in the EUR/USD shows 1.137-8 as potential shorting targets The only problem is THOSE ARE TREND LINES and are obvious. DXY level to watch 96.26-96-30

TRIFRACT

EUR/USD 4 Time Frames

TRIFRACT

Bitcoin has been on the approach to the top of its channel on the bigger channel that started forming back in May 2018. It failed to hit it during the weekend as it broke its 15min Channel. Now the 4H channel is giving it a chance to do so but it needs to stay above 3830$ Bitstamp price.

TRIFRACT

15min Channel in Bitcoin , 3950$ has to hold for this move to continue to 4.2k

TRIFRACT

Two reasons for a small 300-400$ pullback once Bitcoin reaches the 4.2k$ area - the downtrending slope as well as previous resistance on the uptrending bear-flag. The pullback IF it occurs should be shallow to 3.8-3.9 for a few days before price moves ABOVE the downtrending resistance for another attempt to break the 4.2-4.3k level.

TRIFRACT

Unfortunately yesterday was not the top in EUR/USD for this move and today it looks at least for now that it wants to go a bit higher before it goes in the direction of the Daily Chart. 1.1377 seems like a good shorting chance if reached Today to position with the trend of the Daily time-frame.

TRIFRACT

Bitcoin is stuck in another horizontal pattern just like the one prior to the move below 6k where Today was the same as Yesterday for about four months. If we take 24th of June as the start of the low volatility for the previous horizontal action, back then it took 140 days of fake hopes for both upside and downside volatility on each spike and then nothing...

TRIFRACT Updated 

The time has come and we have a high probability low risk entry in the EUR/USD for POSITIONAL TRADERS. Positioning with the Trend ( which is DOWN) on the Monthly, Weekly , Daily and this 4H timeframe that acts as the trigger for the SHORT. All Timeframes are super bearish for the EUR/USD. EUR/USD should top by 15th of March and start the next wave down on the...

TRIFRACT

The first target was reached and it found resistance there with a pinbar rejection. The scenario outlined below is for a short setup around 18th of March @ 1.132-1.133 IF the price decides to correct now. IF price does continue higher it is INVALID . First See this: I was looking for a move to 1.13 on the 12th of March and rejection. It did occur but the...

TRIFRACT

There is an indication that the slope is active. IF EUR/USD reaches the thick blue line I will be looking for resistance there for a pullback.

TRIFRACT

Bitcoin was a good short during 2018 and kudos to everybody who managed to make massive profits. I no longer hold interest into playing BTC as the interest in the market is much lower and liquidity is almost non-existant, also the levels to short were above 10k and later in anticipation of breaking below 6k. It is no longer interesting. The trend can continue for...