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ryebread761
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50 % forex 50 % cryptocurrency
Top Mentioned Symbols
BTCUSD 50% | 3 NZDUSD 33% | 2 AUDUSD 17% | 1
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audusd bitcoin elliottwaves exhaustion forex gap long-term nzdusd risingwedge support supportandresistance trend trendline Less Tags Show All Tags
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Exhaustion gap, wait to sell
NZDUSD
, 240
NZDUSD: Exhaustion gap, wait to sell

Looks like an exhaustion gap to me. Will wait for some recovery before selling.

NZDUSD Wedge Breakout Soon
NZDUSD
, 240
NZDUSD: NZDUSD Wedge Breakout Soon

May break up or down, which would drastically change the play. Too early to tell.

One more bounce before downside break.
AUDUSD
, 240
AUDUSD: One more bounce before downside break.

Looking for another bounce before breaking to the downside. Appears to be at the start of wave 4. Looking for next support around 0.685 after the break.

Rising Wedge
BTCUSD
, 60Short
BTCUSD: Rising Wedge

Bitcoin is currently in a rising wedge with declining volume. Target at $430.

Bitcoin on track to reach $400 again this month
BTCUSD
, 60Long
BTCUSD: Bitcoin on track to reach $400 again this month

Simply judging by the trend line, bitcoin is on track to reach $400 again by December 14, if not sooner. Look to buy after a pullback.

Potential Trend Change at Long Term Support/Resistance
BTCUSD
, DShort
BTCUSD: Potential Trend Change at Long Term Support/Resistance

This support/resistance line has been strong since late 2014. May be the end for the bullish trend of the past while. Coin is also overbought on RSI and CCI. If over with strength, may represent good buying opportunity.

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