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Goldenratio

Daily SAFE SELL! ABCD PATTERN OFF 61.8 BEAR PATTERNWe have on a daily time frame a sell order that will complete im sure to the 1.27 i usually like to reciprocate the 61.8 to the 1.618 how ever we still are in a bullish trend which will make the trend line and support area a hard area to break and i will expect it to retrace back into bullish before we can break into the 1.618 area which may take some time but i have no doubt that we will eventually get there but we did break previous low which gives us the short term sell for the next couple days, Its a safe SELL!
Short
by Helloandtrade
(FINALLY) A Live BTCUSD chart minus the auxillary indicators!I finally spat the dummy and just created a new chart layout without all the additional indicators displayed below the candlesticks. Now we have some clarity at last! If anyone has any idea how to publish an idea with displaying all indicators, please let me know! As we can see from channels, yesterday we broke below the upwards channel drawn between Wave 4 and Wave 5 on a 'cycle' EW timeframe. This wasn't maintained for long before a bounce back. I spent ~2/3 of my fiat account on various crypto's at this point - prepared for the price to not reach this low again, but also prepared to have some remaining funds for a further potential drop. We are nearing the end of an ABC correction no doubts about it. What remains to be seen is if we are now beginning Wave 5 in a EW supercycle, or if this rally is temporary - a 'primary' Wave B within a 'cycle' Wave C, with a final (primary and cycle) Wave C drop yet to come, which would complete the correction before the supercycle Wave 5 begins. In any case, my projection for bitcoin is $33,000 USD by March 2018. However, at this stage, this figure is a guestimate at best. I am constantly modifying my analyzes to account for the most recently available data. The red box drawn still accounts for all my predictions and speculations on BTCUSD since 29th December 2017. I still believe we will see price move to within this box, but most likely not lower than $11,000 USD - price is unlikely to move within the lower half of the red box. That being said, a foreseen future event often becomes a self-fulfilling prophecy - making it occur earlier than anticipated. We may well see this at play in the near future.
BITSTAMP:BTCUSD
by jjbb11
9
EURUSD Bearish setup against 1.1940 Technically I see the EurUsd unfolding a Triangle Wave 4 corrective pattern that is languishing in nature. The three way pattern we're are counting is expectedly in the wave (c) of a-b-c zig zag Wave C pattern down. on the 30mins-1hr chart the five wave fall from 1.1961 we believe is corrected by an irregular flat (inblueonchart) that retraces from 1.1817 to 1.19408 The minimum target would be the A=C target of 1.1796 level. The Next Target would be the A*1.382=C target at 1.1762 The Next Target would be the A*1.618=C target at 1.1707 Below this 1.1664 is of major interest because it was be the larger degree triangle C = (A*61.8%) Level. We expect EURUSD to stay below 1.1940 and certainly 1.1961 and open Sunday dropping.
Short
by chapogcartel
OMGUSD reversalForgot to press publish by a bit, so optimal entries are sadly fortfeit. OmiseGo stalled previously and established a lower low in conjunction with BTC. Later a HL was established, which created a new trendline with pre breakout resistance and the previous low. I have strong confidence in this new low for two reasons, which i will now detail. 4RSI has balanced out at a good 52, upholding the bull trend and giving lots of room to the upside. Secondly, i have noted just since yesterday that some asian alts (namely IOTA, OMG, ANS and WAVES to some degree) react less to BTC dumping. I suspect this is due to BCH acting as a hedge, and an alternate foundation for the alt ecosystem. When BTC pulls back these ALTS hold very well or even go up in their BTC pair. Entry: ~2.65 SL: Trailing the pennant support line, Currently 2.6 TP 1: 3.16 (30%) TP 2: 3.88 (30%) TP 3: 4.4 (40%) If signs of a bear break occur to me, i will share them in the Idea. Thanks for viewing, and Happy trading!
BITFINEX:OMGUSDLong
by Paltsmet
2
NZD/USD - Bullish 5-0 + GOLDEN RATIO X3Hello traders! I am SUPER excited about this set up. I have been keeping an eye on this since markets opened this week. We are looking at a bullish 5-0 on the 4H chart with NZD/USD. Given the Fibonacci measurements at C point, it has been measured to the GOLDEN RATIO not only once...not twice...but THREE TIMES! I usually never trade this pattern down unless the first 4 measurements of a 5-0 match a shark pattern, but you cant ignore confirmation like this. I'll be trading this pattern down until it hit D point (0.7010), closing profit and following it up with a long position back up to (0.7200). The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50
Long
by cdschultheis15
2
USDOLLAR INDEX - USD Long BiasTe chs 1. We are trading above the high of JAN 2016 which is a very significant level (S/R) 2. The Willis Zone bounce indicates a highly probable leg to upside 3. Golden Ratio Correction increases odds of a leg up 4. Weekly Close above previous 5 weekly candles Fundi es In light of the FEDs likelihood of an interest rate hike, bulls will be coming in strong potentially pushing FX:USDOLLAR into NEW HIGHS Personal Note I am not trying to predict the exact movements of price. I am just pointing to my bias on the weekly timeframe. I will go long and short the USD during 2017. "Its not about trying to be right, its about making money" - Ned Davis "I profit and I will let others be the prophet" - Rodrigo Antonio Warm Regards,
FX:USDOLLARLong
by Fiiyat