Btmm
MARKET MAKER1.A WEDGE FORMED
2.IT BROKE BELOW TO INDUCE PEOPLE TO SELL
3.IT BROKE A RESISTANCE AREA AND IT IS RETESTING IT TO GET MORE PEOPLE TO SELL
4.IT IS CREATING A 'W' STRUCTURE BELOW THE WEDGE IN ORDER TO REVERSE AGAINST ALL THOSE THAT SOLD THE PAIR AND HIT THEIR SL AND BLOW ACCOUNTS
5.THE SECOND 'V' OF THE 'W' STRUCTURE WILL GO JUST BELOW YESTERDAYS LOW-WHICH IS THE FIRST 'V' OF THE 'W' STRUCTERE-THE AIM IS TO ACTIVATE SELL ORDERS
6.IT WILL REVERSE AGAINST THOSE THAT SOLD AND HIT THEIR SL AND BLOW ACCOUNTS
MARKET MAKERTHE IS A WEDGE PATTERN WHICH HAS BROKE ABOVE AS AN INDUCTION TO THE WRONG DIRECTION. AN M IS CREATED AND AN A REVERSAL IS EXPECTED TO HAPPEN AGAINST ALL THOSE THE FELL FOR THE TRAP AND BOUGHT AT THE BREAK ABOVE.
THE IS ALSO A BREAK ABOVE THE RECTANGLE AND A RETEST TO INDUCE PEOPLE TO BUY AND THE MARKET WILL REVERSE AGAINST ALL THOSE BUYERS AS IT WILL FALL AND HIT THEIR STOP LOSSES AND TAKE THEIR MONEY.
USDZAR H1 bullish channel.H1 and H4 showing a bullish channel with a possible channel break and retest. Retest may or may not present itself as a head and shoulder pattern or sideways movement followed by subtle stop hunt high and drop. D1 order blocks insinuate that we have trapped volume in the buy and so the bullish trend on lower time frames may be seeing an imminent end!
MMM CYCLE SHORT: EURUSDHey guys! Yes! We are still looking for short opportunities on EU until we have an officially locked peak to anchor plays long.
Daily: Short
4h: No harmonics
H1: EMA cross short
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
EURJPY Elliot Wave W1EURJPY has just undergone the fourth typical correction on an Elliot wave structure. It has tugged the weekly channel and is consistent Monthly channel confluence. Sell order will be appropriate. I expect a buy correction momentarily within the D1 order block.
XAUUSD GOLD W1Gold has just faced strong rejection on the weekly. Divergence on the D1 already exists. The locking of the peak might give rise to a subtle H and S pattern which is consistent with The bat pattern failing. This would give a sell to C. Scenario two which is still valid n the long run is the completion of that bat pattern on the W1 chart as shown. This would give strong sell to B. A break above B gives buy to A. Please subscribe ask questions and check the anchored notes on the chat.
Market Maker MethodThought Process:
1. There has been 3 levels of rise.
2. Stop hunt of the 3rd level is currently happening to induce traders to go long.
3. Market will be moved down to level 1 stop hunt low to release the traders that were made to go short at the start of the 3 day cycle.
AUDUSD ON TUESDAY 5thJust wait for the entry confirmation of 5EMA Crossing with 13EMA the put SHORT POSITION.
XRP/USD ALMOST AT THE END OF THE WEEKLY CHART BEAR RUN...::: THIS IS A WEEKLY CHART !!! :::...
XRP/USD is coming to the end of it's bearish run on the daily, but still within the triangle on the weekly chart.
Price action is nearing completion of the Level 2 move (2-1, 2-2, 2-3), which will then start the Peak Formation Low (PFL) move which is a Level 3. No doubt, going by past market structure, manipulation will be constant and keep the price at a consolidation zone in order to frustrate the market even more. I'm expecting a 3 legged W formation before the first fake breakout of the triangle structure, as noted on the chart. Manipulation will continue before the final drop, which should complete and confirm a level 1 base before launch anywhere between December 2019 ~ February 2020. My opinion is that they will launch towards the middle or end of January 2020 to complete the level 1 move and start on a level 2 move around 0.42 cents. From level 2 to PFH (@ 0.58 cents), could be very fast or drawn out. Note that all of the EMAs are starting to fan out, which signals preparation for a reversal of trend.
When we look at the TDI indicator at the bottom, it also shows we are approaching the oversold area, with RSI approaching the lower outer band. I'm expecting the market will push the RSI downwards a little more, to form a sharkfin before the uptrend starts, breaking out of the triangle structure. The fast EMA (the red line within the TDI indicator) should also follow RSI, although I'm expecting it to touch the lower band (blood in the water), coinciding with the sharkfin pattern. I believe the sharkfin blood in the water pattern, may occur around October 2019 (next month), so we will most likely see lower pricing, possibly around 0.20 cents USD, before the bullish trend starts properly.
I've marked this chart conservatively because in the last 12 months, the chart shows that the XRP market conditions are highly manipulated to the extreme, not following normal psychological and normal buying patterns, coupled together with Ripple dumping huge amounts of coin into the market, out of their escrow wallets, no doubt to keep current pricing low and within the triangle structure. Yes, 1000% this coin is manipulated by ripple themselves. Why? who knows... especially because the higher value that XRP has, would facilitate xrapid and other transfers with XRP and would help increase market sentiment... so in my opinion, its non sensical... but once this current manipulation has run it's course, we should see a very strong uptrend, possible gaps in prices from candle to candle, within the 4 hourly to daily chart. My guess is that we should see XRP arrive, at least $150 to $200 by June 2020. Does this sound far fetched? possibly, but possibly not. Time will tell, the chart never lies.
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DISCLAIMER:
These are my analysis, my opinion, I give no guarantees and I'm not responsible for any losses that you may occur if you trade this, whether you buy crypto or trade it in the CFD market. If you want to trade this chart, do your own analysis and make sure you have a good money management plan in place. If you want to learn more about trading, here is a good place to start: babypips dot com
I generally post my own analysis in BTMM format, although I am proficient in Crypto Patterns, Gartleys, Butterflies, Pattern Trading, Elliott Wave Trading, Pitchfork , Trendline , VSA and Price Action trading, for which I may from time to time post additional analysis including some of these other methods.
I don't answer to bullies, trolls or charlatans. I don't have time to debate you so if you write babble, I will ignore you. Post a proper analysis, but don't post a blank chart with words or claim you are a 'WE' and have some magical algorithm or secret, then I might answer you. I'm posting this chart here for my own personal record and to share with those that may appreciate it, with the hope that it can help someone.
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DAILY XRP ANALYSIS - CONSOLIDATION BEFORE LONGAs per previous posted WEEKLY chart here:
This DAILY forecast is also congruent, giving the same trend analysis and level counts as previously mentioned.
Here we can see price action is still consolidating around the 0.38 cents zone, but it is highly probable that market will continue to drop to around the 0.36 cents area, should the market decide to PIN the MAYO (200 EMA). Level 2 is in progress on this DAILY chart, which would coincide with the final move of the Level 1 consolidation within the WEEKLY chart. After this move has been completed, there should be a significant push UP to breakout of the market geometry (Triangle on the Weekly) which has greater significance than any other lower time frame chart.
TDI also shows the full cycle in the daily, has almost been completed, with the full 3 levels. PFL (Peak Formation Low) will either occur just above the Lower TDI band, or bounce off the lower TDI band, should the market go for the MAYO 200 EMA as mentioned above.
I don't forsee the market dropping below the lowest peak at 0.28 Cents, as that would invalidate the entire structure as well as market geometry, at this point in time.
There is plenty of bullish market pressure currently for XRP, thus my forecast is LONG after this current consolidation move.
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DISCLAIMER:
These are my analysis, my opinion, I give no guarantees and I'm not responsible for any losses that you may occur if you trade this, whether you buy crypto or trade it in the CFD market. If you want to trade this chart, do your own analysis and make sure you have a good money management plan in place. If you want to learn more about trading, here is a good place to start: babypips dot com
I generally post my own analysis in BTMM format, although I am proficient in Crypto Patterns, Gartleys, Butterflies, Pattern Trading, Elliott Wave Trading, Pitchfork, Trendline, VSA and Price Action trading, for which I may from time to time post additional analysis including some of these other methods.
I don't answer to bullies, trolls or charlatans. If you want to genuinely debate me, post a proper analysis, but don't post a blank chart with words or claim you are a 'WE' and have some magical algorithm or secret, I will not waste my valuable time to answer you. I'm posting this chart here for my own personal record and to share with those that may appreciate it, with the hope that it can help someone better their life.
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EURUSD long tradeAfter the market has dropped straight down for three days, they have just stop hunted to the low showing a potential rise for the day with a W on the m2 pivot point. Intraday trade we looking at taking profit, towards the 1.09936 level.
WEEKLY XRPUSD ANALYSIS (CONSOLIDATION BEFORE RISE)TECHNICAL:
Currently, the pattern shows we are in Level 1, after being confirmed with a break 0.46 USD Cents zone, and is now consolidating before moving upwards towards the next Peak at 0.48 Cents USD.
There is a possibility that price action might continue to consolidate downwards towards the KETCHUP (13 EMA), however, if it does that, it will most likely PIN the KETCHUP.
In my opinion, the most probable move will consolidate around the MUSTARD (5 EMA) before moving upwards to complete the Level 2 move up to 0.52 cents area.
This is before another consolidation down to the 0.48 Cents area, before a massive push upwards towards 0.58 cents, possibly even towards the $1.00+ zone at a later date.
FUNDAMENTAL:
There are a huge number of reasons why I forecast this... Here are just a few
* XRP is now being adopted and prepared to be used by some of the largest Asian banks. The SEC court case does not have any standing with banks within Asia when interbank transfers occur, outside of the USA or its jurisdictions.
Thus the sheer volume will push market pressure upwards, once the xRapid/xCurrent service is used in the real market.
* COMEX RULE 589
(NO NOTHING TO DO WITH THE 589 EOY 2018 SILLINESS)
Directly affects the price of XRP in this context, as it is rumored that XRP will be linked to the price of gold. Rumor or not, it has affected the market somewhat already and continues to do so.
* GEOMETRY: We are at the start of a Bull Market, as well as market geometry shows we are about to break out of a major triangle, towards the upside. Usually, breakouts of this magnitude (in the Weekly) will produce spectacular gains
TDI shows RSI is also at level 1 position, although we have a current RSI (at time of writing) of 49.82, coming from the lower part of the RSI map, the market has made a particular move which should show a Bounce off the Blood (which is around the same area as the KETCHUP 13 EMA on the chart), in order to complete the Level 1 marker and progress through to the Level 2 move. The move is still currently AFP (Away From Peak), until we get closer to the confirmation peak area, which was previously broken.
As RSI is in the 40s area, we can also expect continued push upwards towards 80 RSI in the coming months. Remember this is a Weekly chart, not an hourly or daily.
Next chart I will post will be the XRP DAILY, to see if we can get some synergy with both and the overall trend.
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DISCLAIMER:
These are my analysis, my opinion, I give no guarantees and I'm not responsible for any losses that you may occur if you trade this, whether you buy crypto or trade it in the CFD market. If you want to trade this chart, do your own analysis and make sure you have a good money management plan in place. If you want to learn more about trading, here is a good place to start: babypips dot com
I generally post my own analysis in BTMM format, although I am proficient in Crypto Patterns, Gartleys, Butterflies, Pattern Trading, Elliott Wave Trading, Pitchfork, Trendline, VSA and Price Action trading, for which I may from time to time post additional analysis including some of these other methods.
I don't answer to bullies, trolls or charlatans. If you want to genuinely debate me, post a proper analysis, but don't post a blank chart with words or claim you are a 'WE' and have some magical algorithm or secret, I will not waste my valuable time to answer you. I'm posting this chart here for my own personal record and to share with those that may appreciate it, with the hope that it can help someone better their life.
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BTCUSD ANALYSIS - CURRENTLY SHORTTECHNICALS:
Currently, BTC has completed a Peak Formation High (PFH) with an M pattern and has progressed down to confirm a Level 1 position.
There is a high probability for a good SHORT down towards the MAYO (200 EMA) as well as most likely PIN the BLUEBERRY (800 EMA) before forming a Peak Formation Low (PFL) with a W pattern.
Once it forms the W pattern, we can then LONG it upwards to the next major PFH which would be at around the $11,673 USD Zone.
TDI Indicator also gives me confirmation of these moves, as currently, RSI is outside the LOWER TDI Band at approx 52.65 RSI (At time of writing). It initially looked as if it would form a Shark Fin outside the water, but now there is a very high probability that it will continue downwards to make another cycle on the TDI, possibly to the 40 RSI range or thereabouts, before making another Bullish move upwards to the next peak.
FUNDAMENTALS:
BTC is seeing continued growth and adoption as well as many mining rigs have now been turned on again after the market price rose above the $6,000+ mark. Adoption of bitcoin continues, not only in the crypto marketplace but also in other sectors including commerce. There is no doubt that we are out of the crypto winter (bearish trend), and we are now at the initial stages of a bullish trend.
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DISCLAIMER:
These are my analysis, my opinion, I give no guarantees and I'm not responsible for any losses that you may occur if you trade this, whether you buy crypto or trade it in the CFD market. If you want to trade this chart, do your own analysis and make sure you have a good money management plan in place. If you want to learn more about trading, here is a good place to start: babypips dot com
I generally post my own analysis in BTMM format, although I am proficient in Crypto Patterns, Gartleys, Butterflies, Pattern Trading, Elliott Wave Trading, Pitchfork, Trendline, VSA and Price Action trading, for which I may from time to time post additional analysis including some of these other methods.
I don't answer to bullies, trolls or charlatans. If you want to genuinely debate me, post a proper analysis, but don't post a blank chart with words or claim you are a 'WE' and have some magical algorithm or secret, I will not waste my valuable time to answer you. I'm posting this chart here for my own personal record and to share with those that may appreciate it, with the hope that it can help someone better their life.
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Sooner or later it needs to pullback Confirmations:
- for about a month now we have gone on a downtrend and market needs to pull back up
- Three pins to the low
- Divergence and price above liquid 50
- price resisting well hesitation zone of the quarter and should retrase back to previous Major Whole Number
EURCAD Long Typical BTMM strategy
We can see on the charts how last week we had a bearish cycle going down to 1.49250 yet could not break that zone. After that, we made a multi session W formation and today we are coming in to create a wedge that should breakout soon enough to create a new higher high and change momentum for this trade to the upside. Stop is a bit too much in my case but I am hoping for a good long term swing to the upside so If price keeps going up I may even keep this open hopefully.
Confirmations:
- second level rise off a wedge
- price could not break hesitation zone of 1.49250 so it could not go to next quarter, therefore it must go up
- on 4h we see price pinning liquid 50 and baseline so im hoping for a rejection off that key level
- reversal should come in London Session
- price is above large quarter point of 1.50000 and should go up to next quarter point of 1.525000
