On daily chart of pound, a three drive wave has completed with a lower high point together with dovish speech as well. Focus next targets especially 1.3090 level, kep point on the ascending trendline . FYI: I'm happy to find my chart has been "copied" by some one with excatly the same patterns, colors and price labels as well, a kind of favor of my idea from...
On daily chart of pound, a three drive wave has completed with a lower high point and dovish speech as well. Focus next targets especially 1.3090 level, kep point on the ascending trendline. FYI: I'm happy to find my chart has been "copied" by some one with nearly the same patterns, colors as well as price labels, a kind of agreement of my idea from my stand. I...
In 4H chart, there are 3 patterns hints that usoil may rally to some level and drop to hell afterwards. Blue bearish AB=CD pattern points to a farely high level near 55, the crucial supply zone this year.But it requires positive FA factors to confirm with,eg OPEC allies agree to cut production. Green bearish cypher pattern is forming CD leg at 52,together with...
With the uncertain QE tapering progress in eurozone and rising political concerns, euro related pairs turns weak this week. That's why I posted Gold/Euro, EURJPY, GBPEUR as well as EURCAD, something expecting since last week. Usoil is bas been breaking 52 level, further to 54-55 level, which boost cad and drive the pair going down, with negative trendlines on...
I've been waiting for this pattern for almost 3 months since mid July, with 2 potential D point at 137 and 134 level. A small bearish bat completed near 134, in short term we can watch 131 and 130 level, see if price can stand above 55 ma. Actually it is the same idea with Gold/XAU, bullish bias caused by rising political concern in euro zone which in favor of...
134 has been a recent top for the pair with a bearish bat complete. Watch close to 131 and 130 level in short time frame, see if price able to stand above price levels near 55 ma. And it is actually the same idea I held with XAUEUR, bullish prevails, with increasing political concern.
In 4H chart there is a bullish gartley pattern completed at 49 and now in the rally. TP 1 has been hit at 57, and if price stand firmly , further TPs can be set at above levels near 63 and 70. Also there are some other opportunities in cryptocurrencies, will update soon.
On 4H chart, price has been under pressure for quite a while, ranging down slightly. Watch 0.00004 level, the previous resistance area in the left, see if price able to stand firm after a second test. Consider to buy dip seeing strong bullish reversal signals.
Alright it's the 5th bat found tonight...Waiting for a second test of 0.00007 and buy dip accordingly. SL can be put a bit lower than X, size of positions shall comply with your capital amount.
On daily chart, there is a forming bullish bat for IOCBTC at 0.0005 level, wait for the confirmation of D point as entry, since now MACD twists and losing direction, as well as weak candlestick which may breakout than pullback. It's better to wait for a bullish engulfing to confirm a PRZ near D point. If the bat pattern becomes valid, see target at 0.0006 level...
On daily chart,price finally rallied after long time consolidation, get supported near 0.0005 by 55 ma, also golden crossover of MACD, multiple bullish signals. I'd say BTC still catch eyes and money flows most, thus vrm probaboly climbs slowly and steadily unless boosted by fundamental factors. Watch 0.0008 level, may furhter upside after a real breakout.
On daily chart of XMRBTC, a forming bullish bat supposed to complete at 0.013 , with weak MACD signals, still consolidating and wait for confirmation. And we do find 78.6 RET at 0.016 level, so it remains rather netural today. Buy dip or buy now with cost averating, it is your call.Buy set up around 0.013 definitely bears lower risk.
On 4H chart, price meet resistance at 55 ma level at 0.49, and gold crossover complete of MACD, hints a formation of flat bottom. If price able to break the 0.49 level, watch 0.52 the middle channel of pitchfork.
On 4H chart of XAUEUR, price consolidated at 1080 level, then spiked to 1103 with 2 bold bullish candles, expecting strong trend next week together with the gold cross on MACD. Besides, CD leg of bearish ABCD pattern will finish near 1246, concides with middle channel of pitchfork, crucial resistance to watch. In short term trade, TPS can be set at 1105 and 1116.
On 4H chart of XAUEUR, price consolidated at 1080 level, then spiked to 1103 with 2 bold bullish candles, expecting strong trend next week together with the gold cross on MACD. Besides, CD leg of bearish ABCD pattern will finish near 1246, concides with middle channel of pitchfork, crucial resistance to watch. In short term trade, TPS can be set at 1105 and 1116.
In 4H chart there is a bullish gartley pattern completed at 49 and now in the rally. If price stand firmly over 57, TPs can be set at above levels near 63 and 70. Ideas relate with cryptocurrency can be checked below.
In daily chart, bitcoin is finishing a standard 5-wave impulse structure since March. And completed wave 4 which is not lower than top of wave 1 near 3000 level. Now let's wait to see if there is any extension of wave 5, and focusing higher target.Price actually hit 5837, 1.27 extension of wave 3 level then dropped down below 5700 just in few minutes. If price...
There are 2 amazing bullish pattern combo of AUDUSD, consider to buy. The bullish crab complete near 0.7750 while also the C point of forming bearish cypher pattern,heading to 0.7938 as the D point. Also be noted that 0.7938 is the 50% retracement of recent plunge, a crucial level to watch. TP1:0.7888 TP2:0.7938 TP3:0.7987 SL:0.7770