Coming in close to the end of the correction. This is what I consider the 4th wave. We can see a breakout level at .225 that price can come back down to retest. This is also where we have confluence with trendlines, and the 61.8 at around .24. In an ideal situation, we can see price shoot to 2.94 in a matter of weeks. We will see how price plays out.
long for the retracement. Looking to get into a short position from there.
Entered at 1.24191. Expecting some gradual movements up to the final resistance level. We've had a big run up, and now we'll start to see a fight between the bulls and the bears. Big short coming as DXY is approaching a strong support level.
GBP long. Expecting long term for price to run up to almost pre brexit levels.
Price heading back to the resistance area for a potential double top. - 5 wave completion at resistance, correction expected Will have some slow movements and consolidation back down to support. Expecting price not to break the neckline, and send this back to higher highs as I'm long term bullish Mostly range trading here. Sell at the top, buy at the bottom.
Completed 5 wave on medium term. Impulsive bear move was wave A of correction. AB move back up was the B leg. Now looking for the C correction back into support at the blue line. Expecting a move back up to the highs for a double top, to start the correction on the higher time frame back down to the daily resistance turned to support area.
Found resistance and broke rising trendline. Completed wave 3 of the higher timeframe. Down move into support along with a rising trendline support level. With the strong down move, expecting a swift and quick move to the target area. Long term bullish on the pair so looking for the long entry at that level.
Price broke out of resistance on the 15 min. Currently retested, and we should see strong movement from here. Tomorrow we important news coming from the EUR, with projections favoring the strength of the EUR. Beginning stages of the 3rd wave. On the higher timeframe, we are in a bullish trend. Price is holding off of the 20ema, and doesn't look like it's slowing...
Going for the 5th wave. Price retesting trendline break at support, looking for 156 levels. Bullish divergence on RSI.
5 wave complete. Price touched the upper channel, and rejected although there are spikes breaking past. Looking for a long down move from here. DXY also at the bottom of a channel, looking like a break back higher. EURUSD could be creating a fake breakout to the upside.
Long run up on bitcoin this past year, which would mean there has to be a retracement. Considering how much it went up, I'm expecting the retracement to be a big one as well. Completed wave 3 at just under 20K. Already factored in the AB correction when price retested the sub 20K level. We're going onto wave C of the correction (5 wave down). Wave 3 of the...
GJ is in the process of completing the 4th wave down. We have a confluence area at the 150.579, which is a resistance area price did not retest on the breakout to the upside. This level is also coinciding with the trendline price broke out of, and did not retest. This is also where a parallel channel line is acting as support. Look for a touch there to go...
Looking for the last leg down. Interest rate decision coming up in a few hours, if it is the same as forecast, then it should come down.
breakout and retest of interior channel. looking for upper bound of larger channel.
Break out to the top side of the channel. I don't expect price to go below 146.835 in a long time, as that is monthly support. Catch the retracement at 150.850
We have a symmetrical triangle pattern with the recent upmove acting as a fake breakout on the weekly. The fake breakout created a megaphone pattern, where we saw price fall back under and into the triangle again. Short from here as it is making a small consolidation on the lower timeframe and retesting the triangle upper trendline. Short into the bottom. To...
2nd attempt at this long. This time i'm getting in at the 148.743 with a retest of the channel. Same levels still in play. Looking for the move to the 23.6% and then the retrace to the bottom of the symmetrical triangle for a breakout higher. This bull move today signifies the bulls presence.
We reached the last wave of the channel, and had a move up to the top. Price rejected and came back down to a level of support not yet retested. That move to the top of the channel was wave 1. Now projecting a complete movement to the 23.6% where we meet confluence with trend lines. Thinking we might have a symmetrical triangle pattern form where that touch...