SandP 500 E-Mini Futures 60 CME Updated 12/14/2017 Price has hit resistance at 2673 area. Look to see if price will come down to test 2663 again.
Andrew's Pitchfork
SandP 500 E-Mini Futures D CME Updated 12/14/2017Price is continuing to push higher, but we need to gain momentum to continue in this upward trajectory.
SandP 500 E-Mini Futures 240 CME Updated 12/13/2017 Price is extended and has hit the warning line 1 two times as resistance. Now we are trying to push through and continue higher to warning line 2, but lets see if it works.
SandP 500 E-Mini Futures 60 CME Updated 12/13/2017 Price has come up to hit the sliding parallel and drop down to 2658 as support. Now we are looking to see if we can push higher. Look to see if price comes back down to support at 2658, or tries to rise here on support at 2665.
SandP 500 E-Mini Futures 240 CME Updated 12/12/2017 Price has climbed higher to 2658-2665. Look to see what price does here on warning line 1 as it may act as resistance.
Next stop : 13,800$ before 2017-12-13 9PM (GMT+1)According to my previous analysis which revealed to be true, I can tell you with an 80% success rate that bitcoin will re-test 13,800$ level before 2017-12-13 (9 PM GMT+1).
The orange box is the zone where the price should retest back the red median line in the channel.
If the price doesn't hit back the median line after the orange box, we should consider that as a breakout and that the price will go higher or lower for sometime before coming back to the channel someday.
In the meanwhile, there are about 80% chances that the price will hit back the median line before the end of the orange box.
Tools used :
- Andrew's Fork
- Andrew's Fork Median Line
- Austin Box
Note: If the blue dotted line is broken, there is a very strong chance for the price to go really BEARISH.
These tools revealed themselves to be very accurate with about everything (currencies, commodities trading, gold trading...)
I strongly invite you to check it back on 2017-12-14 to see by yourself their strenght and effectiveness.
SandP 500 E-Mini Futures D CME Updated 12/6/2017Price has climbed higher and ow we have hit the next sliding parallel as resistance and are pulling back. This area looks like it may hold, but don't be surprised if price comes back down to 2600.
SandP 500 E-Mini Futures 240 CME Updated 12/6/2017 Price has come down after touching the warning line multiple times, and is now resting at the sliding parallel as support. Look to see if price can continue higher from here.
Ripple: Sell OpportunityThe price is testing the sliding parallel of the downsloping median line. The parallel has previously acted as resistance, the ceiling of price has stepped down and we are about to short ripple
Entry level: 0.24606
Stop-loss: 0.25567
Take profit: 0.23008, 0.21911
SandP 500 E-Mini Futures 240 CME Updated 12/5/2017 Price has tested again the warning line 1 and has dropped. We are now bouncing off of mild support at 2635. Look to see what price does at 2658.
EURUSD Buy OpportunityPrice has taken out previous swing highs, with a big impulsive upmove breaking above the median line of the modified schiff pitchfork. Since then it's been in a consolidation, having retraced to the lower parallel of the fork, where seems like it was rejected. In case of a retest of the lower parallel we can buy EURUSD.
Entry level: 1.18562
Stop-loss: 1.18257
Take profit: 1.19247
Gold Buy OpportunityPrice is being moving sideways testing the sliding parallel of a median line set acting as support. A big spike to the upside took out previous highs indicating that buyers are taking charge at current level. Going long with sl and tp as shown in the chart is our option.
Entry level: 1275.70
Stop-loss: 1269.53
Take profit: 1289.00
Copper: Buy OpportunityThe sliding parallel of the upsloping median line set has acted so many times as support, validating the slope of price as it's climbing to the upside. The price is about to retest the sliding parallel and with such given previous support we consider going long at the retest.
Entry level: 3.05731
Stop-loss: 3.04105
Take profit: 3.08338, 3.10796
BitcoinCash: Rejection at Key Support LevelStill waiting for BitcoinCash to move to higher levels, reaching previous highs like 2800, we now have a very nice level to watch for longs. Price seems to be heavily rejected at a key support level consist of previous structure and the sliding parallel of an upsloping median line set. In case we get a buy setup completion I will post it in my newsletter to get updated.
Feel free to like and share your thoughts below,
John
Ethereum/Dollar: Massive Support Rejection Opens Doors for LongsLooking at the hourly chart of Ethereum it didn't take much time to make my mind going long with this crypto. The lower parallel of the upsloping median line in addition with previous structure meet at a level, around 455,00 where price retraced and was massively rejected. I will be watching for a buy setup completion at current level to buy Ethereum aiming for at least 500,00
Feel free to like and share your thoughts,
John
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EURUSD Sell OpportunityPrice has rallied and reached the sliding parallel of the median line which previously has acted as both support and resistance . Most likely price will start a correction at this level and may give us a very nice sell opportunity.
Entry: 1.19210
Stoploss: 1.19382
Profit targets: 1.18857, 1.18570
In case price reached the first target, we move stoploss at breakeven at second position
SandP 500 E-Mini Futures D CME Updated 12/1/2017Price went up to the next sliding parallel and rejected it quickly. Look to see price pull back perhaps a bit and try to break through the sliding parallel and continue to the next. Price needs to stay above the median line to continue running higher.
Ripple: Short Term Sell OpportunityRipple is moving into a wedge and although my main view is bullish, we have a very nice sell opportunity developing with price bouncing from the upper parallel of the descending channel described in the video and is now pulling back making a correction. In the video I show you two ways to trade the end of correction.
Feel free to like, comment and share your thoughts.
Have a nice weekend,
John
Copper: This is What We Call "Key Support Zone"In this video I highlight a key support level with a ton of confluence. In case you see price retracing in that zone, keep a closer eye for a buy setup completion. It will be a high probability one!
NZDJPY: Sell Opportunity at Key Resistance LevelSimilar to my previous video analysis post in AUDJPY, here is NZDJPY we see the correction of an impulse having reached the median line of a downsloping pitchfork, where previously has found both support and resistance. In this video you may see how you may trade NZDJPY in order to catch the next impulse
AUDJPY: Nice Sell Opportunity - Bearish Flag PatternIn this video we may see a bearish flag pattern and two options on how to trade it. The corrective structurehas reached the sliding parallel of a median line set which has previously acted as resistance.
Feel free to like, comment and share your thoughts.
Trade with care,
John
ZCash Update: Key Support Zone to Watch for LongsIn this video I am updating my previous post where we described a potential move to the upside which happened with price reaching the exoected tp - the median line of the set. We now should wait to see if we can get a pullback to a key support zone , consist from the lower parellel of a rising channel, previous structure and the broken sliding parallel of the long term uptrend.
Feel free to like, comment and share your thoughts.
Have a nice weekend,
John
