Following our Daily timeframe overview (), we are currently monitoring price action on the OANDA:GBPNZD , waiting to see if these last movements will develop as a correction that ultimately will break to the downside. For those who aren't in the sell from the sell setup area at the top, watch the pair carefully now. If this last pattern develops correctly as a...
On the daily and weekly timeframes, Bitcoin appears to be in a long sideways correction, at the moment. After retracing strongly to the downside, with a first impulse that took the cryptocurrency to the 10800 area, COINBASE:BTCUSD went through a major degree regular flat type corrective structure (ABC correction), which was consequently followed by another...
Following our previous analyses on the daily and smaller timeframes (), we are currently monitoring this cryptocurrency for a nice, coming short opportunity. As it stands now, BITTREX:XVGUSD is nicely gaining momentum for more downside. Slowly crawling up on the daily and smaller timeframes, it is, in fact, moving as a correction following a small impulse to the...
Following our daily timeframe overview (), we are currently monitoring the GBPCAD pair very closely, as it could give us soon an extremely good short opportunity which should not be missed. On the daily and weekly timeframes, in fact, we are expecting a big movement that will take the pair to the 1.64 area minimum and potentially much further down. The pair...
An extremely interesting pair we are currently monitoring is the OANDA:GBPCAD . On the weekly and daily timeframes, the pair is in a big sideways correction. Structurally speaking, on said timeframes we are expecting the pair to go all the way to retest the 1.64 area minimum, possibly much further down. This is an amazing short opportunity, not to be missed, with...
A very interesting pair we are currently monitoring at the moment, OANDA:GBPNZD seems to be at the very final stages of a nice, solid and very clean corrective structure. More in detail, the pair has been forming an ending diagonal pattern to the upside, which would be a strong signal that the pair is bound for a big movement to the downside on the daily and...
We have not much considered OANDA:EURGBP for a while now, as the pair has been in a truly obnoxious sideways consolidation for a long, long time. Once we understood that the consolidation would have gone on for a while, we closed all our short trades from the 0.928 area and let it be. Now there are signs that the consolidation is starting to die out, and that...
Technically speaking, there are indications that the OANDA:NZDUSD pair will go for a big up movement soon, before resuming it's monthly downtrend. Even though the pair has gone all the way to retest the 0.618 of the previous upwards impulse, and it has done so in an impulsive manner, we still believe that in terms of structure, the pair needs will complete a...
Following our daily overview and 4hr timeframe analysis (), we believe that OANDA:USDJPY could still be going for a major uptrend very soon. For the moment, the pair hasn't been going far or trending at all, in reality. However, not every uptrend begins impulsively, as some pick up strength after a slow start. We have to be ready therefore, as once this pair...
Following our daily timeframe overview (), we are currently in the process of seeking for a sell setup, as we believe that WTI TVC:USOIL is currently in a daily correction, which will bring the price in the 64 area and lower. From this moment on therefore, we will be looking for sell setups. Monitor price action closely as, after it has completed a first small...
WTI is currently in a daily correction, and needs to complete this running flat type pattern, before resuming the upside trend. In terms of trading opportunities, we are currently seeking for sell opportunities until the 64 area at least, from which we will start looking for buy opportunities. Updates on smaller timeframes will follow. If you feel that our...
Following our previous analyses, for those who missed the entry sell points at the top, OANDA:GBPCHF seems to be completing an irregular flat type "abc" correction, which would be confirming more downside. As the "b" leg broke the previous low, and the pair's "c" leg therefore does not necessarily have to and break the top at "a", we have in this moment opened...
Following our previous daily timeframe overview (), we can clearly understand that Verge has completed a major running flat type correction and is heading to the downside, on the daily timeframe. In the 4hr chart, it seems that BITTREX:XVGUSD is now in the process of making a smaller degree flat type correction. The "c" leg movement to the upside, which has...
Verge BITTREX:XVGUSD has just completed what now looks in a pretty defined manner like a running flat for more downside. If our vision is correct, the cryptocurrency is heading down all the way to retest previous lows in the 0.24 area, then we will see if there will be further buy opportunities. The extremely interesting thing about VERGE is that it is leading...
Following our previous extremely successful analyses on Ripple () and their updates on further buy opportunities (), we are now seeing the potential of another more complex pattern in the making. As we discovered that Verge seems to be preceding in time the movements of all the other major cryptocurrencies, we now are seeing that this could give us one small,...
Following our daily timeframe analysis (), we confirm further upside for Ripple. After an initial impulse to the upside, KRAKEN:XRPUSD is at the moment consolidating on the 4hr timeframe, pushing for more upside. From this moment onwards therefore, we will be looking for buy setups, on the break of any corrective structure. In relation to cryptocurrencies, let...
BITFINEX:XRPUSD (Ripple) seems to be ready for some upside. It will still be a movement within a bigger correction, nonetheless an upside swing with a huge gain potential and worth taking. From this moment on therefore, we will be looking for buy setups, on this pair: watch out for ending diagonal formations and other price action patterns for an entry point on...
After a long and extenuating correction to the upside, OANDA:GBPCHF could be ready for some downside now. Possibly, this could be the beginning of a weekly downtrend that has been hesitating for an extensive period of time: Leaving said analysis aside for the moment, what is interesting to us is that, even if we could hypothetically be in an uptrend on the...