Could we be going to test a high structure from 2016???We have not been to this zone since August 2016, and right now there are no structures to the left to stop us from going there. Ifwe get a bigger time frame retest, we could push there before the end of this week. If we get there and break it, we will go up even further. GJ is now pushing up as aggressively as USDJPY is, which is currently breaking record highs.
2016
BTC & Daily 21EMA 2016 Bull RunLook at BTC and how from Oct 2016 thru begining of January 2017 BTC NEVER CLOSED a Daily under the 21EMA...but did bounce off of it several times.
The arrow show where we are relative to 2016
BTC is due for a Daily 21 EMA bounce
Once it hits ATH it will retrace to the 61.8-65% Golden Fib Pocket
If you want to ride to the top, buy in at 13800 Daily 21EMA and rising...moving up daily so buy-in level will change
...or wait for the Weekly 21EMA Bounce in January
I see $21,500-$22,500 as a top-out point on this run..we'll come back next year and see if I was correct or not...
EURUSD "2016" Action Frame Final Correction2016 is over but there is one more thing remained to be corrected.
Election of Trump was the cause of last 2016 impulses which brought the flow to this point and seems the same guy ( Trump Effect cause ) is about to end it.
So as always we're looking for pullback as retracement up to 1.7000 max, which follows by immediate rejection and contraption just before KPL.
Goodluck
EURUSD outlook to 2016 - up to 1.10xx AREA!After a phenomenal (forecasted) Dollar DXY rally to >100, the Index must visit the south. Technically the EUR could gain vs. the greenback respectively the upcoming weak data could be make USD's life more difficult.
EURUSD is on daily timeframe more than a good LONG - it's ALL IN! :D
THE FINALLY PRICE TARGET OF BTC 2016! and happy trading for all!After the first target reached usd 780.- at the range 780/790, BTC gonna make a retracement of usd 23/25 to finally go to reach the 2016 target of the mayor psychological level.
I put the links of my previous BTC charts.
Thanks for the msjs, followers, likes, tips and many new friends that i maked doing that i loving, trading.
I wanted to leave the next sentence
" The panic cause that you sell at the minimum, and greed causes that you buy at the highs"
"Bull markets have no resistance and bears have not supported"
NZD/USD |08 August 2016|- 4H Entry but a daily setup
- NZD has been moving in a strong bullish trend since 25/07
- Price stalled at 0.724 level pulled back to previous structure support at 0.712
- As we know bullish markets make HH + HL's im predicting that this level is the HL thus giving it a high probability success rate
- Clear indecision forming on a area of structure support
- Highs of the indecision has been broken in which is our entry point
- Stop loss is below the indecision candlestick
The ultimate uptrend [2016-2017]I was bearish, but I must admit...the bulls have it.
SPX has broken out of the range that it created in 2015 and has the potential to double it. Trend-wise we are in a trend inside a trend, inside another trend and all of them are pointing up. In other words the movement will be straight and rapid, but also terminal. At the top of the range the bulls will quickly exhaust their power and the market can make a sudden plunge that will probably end up triggering the next crisis.
The upcoming failure(s) in S&P 500 [2016-2017]I have discovered a very simple and surprisingly effective way to construct pitchforks based on Hull MA (100), in all of the similar cases a sliding parallel near the middle line has worked as a high-probability target. Should price move so rapidly that it penetrates thru the middle line you can expect target #2 to be reached, however it is more common for price to produce several bounces to the upside before heading to the bottom line. Each bounce will be your shorting opportunity. Make sure to hide stops a bit above the latest bounce structure!
DAX DOOM >>> Trade The Beast <<< 2666.00 PointsHands down, I am not a big fan of the world going to hell. Well, .....#itshappening.
It prolly won´t end nice, but this one is quite the beauty. Everything is lining up "perfectly"! Not only chartwise, but also doomentally. Full spectrum rektage ahead.
With regards to the DAX1.29% , the July is going to draw a bloody -25% (pre-)doom candle from 10,666 down to 8000 points (2,666 in total). As said, a real beauty.
Beast Mode: ON
Stay safe & Take care!