elevatedinvestor

elevatedinvestor

Analysis is on the chart. Currently trending bullish Teacup forming inside of the channel wait for break and enter on retest Looking to ride up to the green zone which is a previous level of strong resistance. Enjoy the rest of your night

elevatedinvestor Updated 

Things I like: -Divergence on the 1HR -Top of the Bullish Channel -Bearish Bat pattern complete Things I don't like: -Not enough red candles, haven't really seen price slow down. - Would like to see some sort of a double top or reversal pattern on the 15min

elevatedinvestor

I think traders would enjoy this. The chart is self explanatory. We have matched all the characteristics of last years drop. Will it happen again? Or is this a trap?! We'll find out within the next month or so :) -G

elevatedinvestor

Bullish Shark Complete, got some stronger seller momentum coming into the reversal zone, I'd like to see price slow down before riding a bull wave up. This pattern completion also forms the completion of a head and shoulders completion so I will be looking for TP2 max. This shark might turn into a bearish 5-0 as well which coincides perfectly with the H&S re-test

elevatedinvestor

Audusd looks ready to go up. We might have a little drawdown, if you want to be more conservative wait for the 7220 resistance to break. We have two bullish harmonic structures on the 15min. Selling momentum has slowed a bit.

elevatedinvestor

Bullish Gartley complete, wait for a reversal to happen near the PRZ before considering an entry, we might see this crush through the prz and move down another 30-50 pips before the sellers get tired.

elevatedinvestor

Might take a week or two for this but it is great to be aware of going into 2019. As usual, I will look for bullish reversals or setups on the 4HR for my entry

elevatedinvestor

Crab Pattern on the GBPNZD. Price melted last week heavily so it is vital to wait for an indication of the momentum switching bullish before considering an entry. as of right now the set up is vaild.

elevatedinvestor

In my opinion, it is really important to know what is happening on the bigger time frames. I do my entries on the 4HR and 1HR Charts. But the bigger time frame is vital, It gives clues of what you should be looking for. If we break this down trend, which I believe we will. I'll be looking to buy on the pull back of this current bull run we've had the last few...

elevatedinvestor

Pound Aussie looking like it's ready to end the down trend. We need the daily candle to close outside of the bearish channel to consider this scenario a possibility. Once this happens I'll be looking to buy the pullback. We could be a possible Right Shoulder of an inverted head and shoulders Please don't copy the TP's and SL's on my trades, the markets are ever...

elevatedinvestor

Got a pretty nice set up here on the GBPJPY, GBPUSD is forming a bullish harmonic as well which bodes well for our outlook. We are approaching daily support, we already have a major wick rejection 3 candles prior around the 143 region. We have completed two bullish hamronic, RSI is creeping to oversold, Once candles show me some bullish strength I'll be looking...

elevatedinvestor

Looking for a nice 1HR or 4HR Reversal to go long here. We have a failed Gartley, turned into a bat, completion is exactly on daily support line. Use proper risk management.

elevatedinvestor

We will find out, the daily uptrend for the USDCAD has finally broken as it neared 2018 highs. The ema's on the Daily are still bullish but that is really the only indicator signalling potential bullish momentum right now. I'll be looking for a short entry in or near this yellow circle I've drawn. Which is also a 50-61% Fib Retracement, which is right where I like...

elevatedinvestor

If XRP breaks the counter trend line and closes above the 50 Ema I'm looking to go long. If breaks the bullish support line and closes lower then the previous low, I will go short. Entries will be near the re-test areas. Keep in mind the Primary trend is bearish, so a break to the down side would ideal. The pink lines are 30 Minute session volumes that I used...

elevatedinvestor

DXY formed a bearish harmonic, we are approaching the inner resistance on the monthly bullish channel. We have three bearish candlestick patterns also forming three peaks. The yellow zone is where price will make a decision. I think we might still a drop in December as it is that time of the year (Holiday Season) but it will be interesting to see what happens in...

elevatedinvestor

I will be taking the rest of the day off today, I don't see enough meat in the market as far as the U.S. pairs go. I typically look for moves of 50+ pips bare minimum, I don't see the market moving heavy today. There aren't many news releases coming out that will move price. USDJPY is looking like it is ready to retest that 114 region which might not even happen...

elevatedinvestor

Look on the chart. -G

elevatedinvestor

Looking for a short on the nzdusd. Might take another day or two, The 4HR Bullish support hasn't been broken yet wo we are still Bullish. I think It might come up and retest last weeks high forming a potential double top. I would post another analysis on the 4HR timeframe once I see more signs that I like for an entry. We have a bearish harmonic too More...