BIG
Stalking EURUSD - weekly is most important. The Euro took a beating over the last several days but the game is not over! This is just hotting up. I refer to some key areas for possible reversal on the lower time frames.
EURUSD is a ratio of two currencies. It is important to look at the USD, which on the world stage has actually been weakening. In the video of the weekly chart I look at the strength of the USD on the DXY.
Overall on the larger time frames (weekly and monthly), the EURUSD is bullish. A clear trend change can be seen.
See also Dollar Basket .
BIG THREE LIVE LOOK | BITCOIN | NOW WHAT?Bitcoin has been up the past few days, but for how long?
Our simple tool shows us that the bulls are in fact making a good run and show no signs of slowing down.
A break at 9072 could be huge for Bitcoin!
Let's see what it can do :)
Indicator we used is called the big three indicator. It uses three specific moving averages and plots out on your chart when they are above, or below the candles.
Bearish SignalsFirst off, I'm not the best @ TA, so I would appreciate it if a mistake is seen - please tell.
Multiple bearish signals on Ichimoku cloud, RSI, MACD. Very similar pattern is evident on GS & MS.
Default rates on student loans, retail, & personal are climbing. Combined with a mediocre jobs report, this spells out trouble for banks. However, to me, the most important thing is that big banks have continued to do sub-prime loans. They are the loaners of the loaners of the loaners. Many 2nd & 3rd tier subprime loaners have defaulted and declared bankruptcy. This is not good news for big banks, who, in my opinion, have got greedy, again. On top of this, banks did not do exceptionally well in earnings considering the tax cuts of President Trump.
Nearly $200B in likely exposure, at minimum, for the top 6 big banks alone.
wolfstreet.com
wolfstreet.com (I quite like wolfstreet, very well researched analysis, reasonable article, in my opinion)
www.forbes.com
BTC before a big move ?!It seems like we are in a huge squeeze here !
This could be either a damn good buying opportunity or the last chance to sell/short !
+We need to break the resistance at 7000ish and we could possibly see a rally (hopefully).
-the support though isnt far away, so if we break below the support significantly, that wouldn't be a good sign.
#So my advice to you right now is to stay alert and watch the charts !
Good luck trading
*Trade at your own risk ! This is not financial advice !
Possible 700% gains for iotaAs you can see iota has already finished wave 1,2,3 and nearly 4. It has been in the channel and bouncing of the upper resistance for a long time now and is right on it again. We have also had a pretty strong bounce of the wave 1 resistance. Using elliot wave and assuming wave 5 will have just about the same lenght as wave 1 we can target around the 10 dollar range for its fifth wave. Watch out for BTC though because even though IOTA might break out of its channel BTC has the power to drag it right back in if it starts tanking again.
CAN WE PREDICT THE FUTURE IF WE THINK OUT OF THE BOX?My cycles could not be correct, but a continuation is highly likely I guess !
Looking for the balance in Elliott Wave theory and so the universe..
We don't believe the earth is flat anymore...
And we're part of a bigger solar system...
The universe is expanding...
There are more people...
There is more money...
Simple
:-)
DXY: Dollar Index trade set-ups todayDXY: Dollar Index - A Big day ahead for the Dollar Near term Key to Gold, WTI, Brent and Pairs
The dollar is stooging around now having fought itself to near
stand-still - it's likely to start moving in a tight 50 pip range at
89.30 above and 88.79 below - will whipsaw most likely later
today...can play the whip if super slick (not me!) or can stand
back and wait for the dust to settle.The key levels are shown
on the chart...can dip to the blue support line below it at
88.79 today but must break it to retest the low...which must
hold or we have a major near term selling climax likely down
to 87.70 ish dynamic support (buy there if you see things stop
sliding here)
And on upside it has to clear and hold above the recent highs
by more than 5 pips - so at 89.66 - and we should know then
that the dollar is turning positive again - it should be safe to
follow with stops a little below 89.28 when the trade gets
triggered (stops are better judged by the individual though,
depending on risk profile) Once the dust settles gold and pairs
and oils can also be traded with more confidence too.
BURST - Going to BURSTKeeping this short:
I think we are breaking out of a big corrective structure. If this thing breaks up, watch the first resistance zone. If we break to the downside, hold ur t*ts.
Later!
Aquabounty Technologies INC, The Current Giant Gainer Aquabounty Technologies has been the biggest gainer currently and this gain came during a really bad performance. It was leveled at a strong channel of around 3.10 to around 3.30. It went on a very big bullish run and it broke 8.55 today on a very big scale. A downfall of 4.50 to around 5.10 can be expected. The stock will surely find support at 3.05 to 4.05 channel and keep that form until the end of February where it will have small upswings and downswings but it will definitely not lose its form of the channel.