BTCUSD's Ichimoku Kumo Twist is forming a stronger bull positionBTCUSD's Ichimoku Kumo cloud Twist is forming a stronger bull sign
Expect more overall sideways consolidation for just a little while longer.
You can see the recent Kumo bounce off of the Kijun representing the short cycle correction we
experienced last night. If you were long and you held despite the stress, good job!
Over and Out
~Ji
This is not advice.
I don't need to be right or wrong.
I don't care if the market goes up or down.
Make your Own analysis and trade off of that.
If you have positive, constructive criticism and wish to share Please do.
Agreeing or Disagreeing is not personal and is welcomed in a positive way.
This is not a therapy outlet for venting negativity. Go join a boxing club. I like boxing.
Happy trading everyone!!
Cloud
BCCBTC could see lower channel contact as BTCUSD surgesStochastics looking to embed and BCC has breached below its 100 dma. Price relative to clouds is bearish, conversion relative to base is bearish, plus bitcoin just broke out to new highs
A fall below 23% fib could take bcc lower along the blue diagnonal trend line b to the lower end of the black channel.
Resistance at blue line a, the upper end of the black channel and the red cloud
$DTII Cancelled R/S$DTII Catalysts:
1. Ludlow Research predicts $1.00-$1.25 for this stock
2. R/S Cancelled
3. Demonstration of its patented Offender Alert Passive scan technology to the US Homeland Security Offices.
4. 3 Patents 2 Pending
Chart:
Very nice continuation after that massive run-up. Was hoping for more consolidation but we'll see if we get it, so far it's holding up on support very well.
EUR/GBP Elliott Wave Completion?Nearing the end of the second complete Elliott Wave on this pair (at least IMHO). Previous waves showed tell-tale divergence at the 5th wave. There is a possibility of this actually becoming a 3rd wave. But if the past is indicative, it's more likely the C leg of a corrective structure, we'll have to wait and see. I'm looking to enter this trade on a bearish candle pattern inside the PRZ. My PT will be at the harmonic AB=CD(0.81500) which also happens to be the bottom of the Ichimoku Kumo(cloud). I'm new to Elliott and trading in general, so any feedback would be greatly appreciated.
above cloud good bar money flow above 50 mastop loss 8 ema/get our book on amazon for reasons why/stoc crossed/cci and percent r good upper range/relative strength good/adx begin trending
above cloud 50 ma good money flow and volumeweekly cloud around 2,50/macd and stoic crossed./percent r and cci upper range see in our book on amazon same name for reasons why/rel strength strong/adx trending/diversify within industry/stop loss close in cloud/mix micro cap longs with large cap mature shorts
watch for close above cloud good volume strong groupgood volume wait for close above cloud-cci and percent r upper range-stoc crossed-adx starting trend-no cloud problem on weekly
above cloud pullback to good fib-engulfing bullish candle get our book on amazon to play fib retraces after runs chaikin money flow good-adx beginning to trend at 21-could run close to last time stoc crossed- relative strength good-stop loss top of cloud-always diversify
coming out of cloud watch to confirm on weak day b bands widening see our book on amazon for reasons why-cci and percent r upper range-money flow good-stop loss if goes back in cloud-target 200 ma-relative strength good