bertusch

bertusch Updated 

Bull Flags that is!

bertusch Updated 

EURUSD completed it's retracement to the 0.5 level of the yearly highs of 1.25 (confirmed by the double top) and we're looking at a correction on higher time frames. Using the Fib extension, we have room towards the 1.208 level where we will also find support. Medium long term trade, expecting to hit it end of February or later.

bertusch Updated 

USDJPY finally broke the trendline, looking for a retest now before continuing down. TP1: 113; TP2: 112 - not that hard, just patience.

bertusch Updated 

No trading advice - do your own analysis.

bertusch Updated 

Small countertrend trade. Overbought Stoch, minor Stoch divergence on H1. Confirmation by H4 candle pattern and outside BB!

bertusch

TP1: 111.75 TP2: 112.95 A wick will come at the 112.95 level reaching towards 113. Might breach that level but these are my profit targets.

bertusch Updated 

Hi guys, Very, very interesting PA on EUR/USD today! We see a double divergence on the Stoch (15,5,5) and the PA. First, we have a hidden bearish divergence (pink lines) and then after the break of the trendline (red line) we see a bullish regular divergence (yellow lines) which triggers the retest of the major (red) trendline. My two cents, is a continuation of...

bertusch Updated 

Gold XAUUSD is currently in an ABC correction wave of the bigger Elliot Wave build up. The upward move was triggered by the RSI / Stoch divergence indicated by the orange line. Afterwards, a 12345 Elliot Wave pattern occured, which completed in the supply zone which was a great moment to take out some profits from the market (as I did). Following now is an ABC...

bertusch

Hi guys, On the USDJPY a Bullish Cypher is building. Depending on the Initial Jobless Claims (IJC) we will get there sooner or later. I expect a downfall due to bad news again. Entry Point: 109.9 SL: 109.3 TP1: 110.6 TP2: 111.36 Good luck trading. Do your own analysis. This is no investment advice.

bertusch

This is the current situation of UJ. We can see a H4 (which might become daily) halt on the .786 fibo. Although this might indicate a reversal, given the current USD fundamentals and momentum (it's a huge bearish candle) I maintain my short positions for now. Good luck trading!

bertusch

If the 200EMA gets broken in the near-term I'm going long. Otherwise I'm comfortable with my current shorts going at least 110.15 and maybe even further below.

bertusch

Depending on the outcome of the Yellen speech today we might break the trendline. Then the following plan will be traded. If we get a selloff due to the trendline, I'll trade short Fibo's on the last swing with TS towards bottom of wedge.

bertusch

Based on RSI divergence I suspect we'll get a retracement.

bertusch Updated 

The RSI divergence is extremely strong in this one. Disclaimer: no trading advice! Do your own analysis.

bertusch

Countertrend trade. Trade it with caution. Get some profits off the market after a 23.8 retracement, then let it run. If you can monitor it and close it out on a nice long wick on 1.64. lace stops at 1.65. There is at least 60 pips profit in this one.

bertusch

Shark pattern on UJ 1H

bertusch

Butterfly and a Crab came to completion. Good moment to short UJ. ******Props for Tradingview for fixing extensions.

bertusch

H1 SHARK PATTERN TP ON 0.5 RETRACEMENT OF LAST LEG. COULD NOT COMPLETE BECAUSE A BAT PATTERN IS IN PLAY ON A HIGHER TIMEFRAME.