ElactixNova

ElactixNova Updated 

Read the chart for my notes

ElactixNova Updated 

GBPUSD is forming an ending diagonal into a demand zone right near a fib line which is also backed by divergence and falling volume near the end of this pattern showing weakness and a lack of sellers and candles are forming lower wicks. Divergences are on weekly daily and 4 hour. Also there are signals from the Williams vix fix which is showing bottoms.

ElactixNova Updated 

USD CAD has lots of support and is going to hit that green trend line. There are multiple time clusters, 3 supporting this as a key support. There is lots of positive divergences that are shown in the indicators and volume has been falling for most of this downfall, in addition the last red candle had a nice lower wick which bounced off the trend line and this new...

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Seems like vix will bounce of the blue line, every time it hits the blue it forms a bottom wick then bounces this happened Friday and it is making a triangle pattern. Finally the rsi is flattening out near the support and there is bullish divergence on the Fisher.

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FSLR will go up tomorrow on its ER, the stock has been going through the accumulation phase on the monthly weekly and daily time frames. This sets them up for a perfect explosion for this ER. In addition, the RSI is fairly low and the 8 EMA is holding as support. Furthermore, the volume is stable showing that the accumulation is getting charged up and ready to explode.

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SPY is heading down. With the spy seeming to be getting stalled out and the red candles having more volume then the green candles in the past four sessions shows that this uptrend is losing steam. Wit6h the blue trend line from the pitch fork acting as a trend line. In addition, SPY has had 8 days in a row before Tuesday with higher highs. This strong bull trend...

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ADA is ready for the uptrend. With this last downwards push losing volume, The rsi and vzo are both showing oversold levels and it’s about to hit trend line.

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FUN has to finish the downward diagonal then its ready for the breakout. With there be little volume off the bounce form the 200 ema and more volume form this red candle it shows strength towards the down side. We also have not had a correction for about a weeks’ time. The blue represents a key support. I’m thinking Fun will setup a bear trap right there and with...

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BTC is a bit overextended and needs to have a mini correction. The trend lines and fibs are causing lots of problems. Also there was very little volume support this push upwards. The rsi and vzo are pretty oversold too.

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REQ broke a key trend line today but still has one more to go before in full breakout mode. I do believe that we will have the breakout very soon. With very high volume the past 8 hours REQ should hold the .236 fib line and then start the big breakout. The price action looks good, this current candle looks like it is staying near its high rather than the lows and...

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BTC is going down. Bull trap going to come into play soon. There seems to be no volume supporting this push. In addition we need a correction. We have not seen one since 6k. In addition the macd is about to cross under the MA since the move started at 6k. Unless there is a huge pump in BTC this is going down. We have had a decline in volume since Wednesday. This...

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Eth is not ready for the breakout just yet. Eth came close to breaking the trend line but did not have enough volume to push through. Because of this lack of volume Eth is coming back down again. It should be around the same length of the last mini drop because BTC is very strong now and all the coins follow BTC and because the reversal has very little volume too....

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This coin is ready to go. The indicators are all showing a bottom was just formed and that more people are buying to fuel the uptrend. We just completed the last wave of an ABCDE wave structure. this means that we are ready to break the triangle pattern that formed.

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GBPUSD is looking very much like the EURUSD chart. With a low rsi, trendline support, former high support and having it just touch the bottom of the bands this is looking like an easy short term pop. In addition to this the DXY seems over extended and will come down to a temporary correction. Long term I am very bullish for the DXY which means the GPD USD is going...

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EURUSD is ready for a mini pop. With a low rsi and it touching the lower part of the bands and another trend line from the bullish flag that is formed EURUSD should reach 1.2500. After this though is the beginning of the real downfall. On the weekly (Which is NOT shown here,) the rsi is very oversold and the Accumulation and Distribution indicator is showing that...