GOLD x Elliott WaveThe miniscule waves are vague but accurate, whilst the primary impulse wave shows the beauty of the technique.
The third wave (the longest) proves the validity of the pattern, which is already in the ABC correctional phase.
My overall point of view is bearish, and hopefully it coincides with the big news coming up today.
Good luck and follow me for more!
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GBPCHF SELL SETUPhi
GBPCHF will follow the trend to the down side (short) price went up to previous resistance on the H1 CHART and made a bearish engulfer cnadle, at the same time price is at the fibonacci levels ! you can go short with your own risk ! :)
take profit targets will be around 1.20000 - 1.9500
stop loss will be around 1.23877
let me know your opinion on the GBPCHF
goodluck!
EURGBP Descending channel The bear rally could take a pause with this descending channel reaching its support trendline.
It might present a false downward breakout but if it refuses to and actually breaks out completely, than this pair will seriously plunge, and I will follow it.
If the channel is valid, I will be initiating a long position to the red resistance, and the channels resistance trendline if the red resistance allows it.
Good luck and follow me for more!
CADCHF Sell opportunityIf you don't want to buy AUDCAD, consider selling CADCHF, since they mostly move relative to each other and selling pressure is significantly higher on this pair.
Again we see a broken trendline, ascending this time, awaiting a possible retest. We also see the presence of the 61.8 Fibonacci level that could also present a temporary support, even though I believe that the price has already reacted to the level and will continue downwards.
Overall sentiment is bearish.
Good luck and follow me for more!
(excuse the money triangle)
AUDCAD Buy opportunityAfter a recurring descending trendline breakout and obvious bear cessation, the price hit a powerful support made visible by a double bottom.
Another descending trendline was also broken awaiting a possible retest whereby I will place my long position with a Stop below a secondary support not far from the trendline. However, if there is no retracement I will look to place my long positions above the current target/resistance.
Good luck and follow me for more ideas!
GOLD Bear rally over? In the analysis we see a breakout AND retest of a descending trendline and we see the presence of a clear, inverse Head and shoulders, indicating that the bulls are back.
Another indication would be the continuation of the bullish trend on the Daily chart. Targets indicated.
Good luck and follow me for more!
Straight From The Horse's Mouth... BTC Is Off To The Races!Here I am, sitting back with a cool bubbly, not a worry in the world.
My BTC trade is 3.2% in profit already, yet the current price is near where I started... How could that be? Maybe BTC will go up, maybe it won't, it's not me worry. I'm likely to make 6%, 7%, 8% or more on this trade regardless, but even if I'm off a bit... I'm 98% sure I'll walk away with a profit.
WHAT'S MY SECRET? I have a horse story you're going to love (read on)...
How do I do this? Meet Ol' Mr. Gridley...
Actually what I'm doing is pretty easy. But I get a little help... I just jump on Ol' Mr. Gridley here and I'm off to the races.
Mr. Gridley is likely NOT the type horse you're familiar with, he ZIGS he ZAGS... he never goes in a straight line. Sure, I pick the race track he runs on (and I have some handy indicators that help me do this) and I point him in the general direction, but once Mr. Gridley heads out of the gate, I just let him do his thing.
Now here's where this horse story gets interesting. BTC , ETH, LTC and quite frankly all the crypto coins out there... well guess what? They pay Mr. Gridley all along the way. He zigs down and buys a little, he zigs up and sells it right back. You know... BUY LOW, SELL HIGH . He's a pretty clever horse! It really adds up... in fact me, my friends and my followers usually make more money riding Ol' Mr. Gridley than betting the bank on a moon shot and sweating out the charts.
In fact, Ol' Mr. Gridley has been doing this so long, most the time I don't even ride him. That's right! I give him his favorite oats, maybe an apple , I point him in the general direction and he goes it alone. Mr. Gridley loves this... I mean, totin' me around all day and night ain't no joy ride! So I let Mr. Gridley run solo and he brings back the money - 100% automated - simple as that.
How long, how much?
Sometimes in a few hours, sometimes in a few days. Just last week he came back after 3 weeks with a 29.44% return! On another occasion, he brought back 9.66% in 14 days -AND- 9.66% in 14 days -AND- 26.98% in 7 days 14 hours -AND- 11.08% in 13 days 8 hours -AND- 18.3% in 3 days. Yada, yada... I'm happy to show you all my screenshots and proof. Just ask!
Now you're thinking...
How many people can ride Ol' Mr. Gridley? What if I want to race him on multiple crypto tracks at the same time. How might we do that?
Here's the good news, there's a whole herd of Gridley's out there: Pappa Gridley's, Momma Gridley's, Baby Gridley's, they're everywhere (if you know what you're looking for) . Yes some are better than others, they don't all make money. Bummer huh? But you can learn how to pick a winner, it's easy... it all comes with a little training and the right tools. It's about knowing WHAT to look for, what to feed them, and how YOU can get "GRID SMART" yourself.
I'm here to teach you the ropes.
YES, you can do this! It's easy, safe, and fun. Plus you can HAVE A LIFE beyond watching charts.
My name is Dan Hollings, I'm a Master Grid Trader. I can teach you what I do and before long (maybe even tomorrow), you could have Ol' Mister Gridley working for you. Follow me, like this and share with others. Mr. Gridley will be very very happy!
OTHER CHART ART YOU MIGHT LIKE:
As always, I appreciate your support. Please LIKE and share with others.
A Horse Is A Horse, Of Course Of Course!
Dan Hollings
Master Crypto Grid Trader
Please Explore My Other Indicators, Scripts, Grids and Educational Ideas.
@ DanHollings on Tradingview.
USDJPY FibonacciThe price of USDJPY is currently facing the 0.382 fibonacci retracement resistance giving the bars more fuel.
However, I would suggest placing a buy stop above the resistance, noting the presence of the inverse Head and shoulders, otherwise, all the way down.
Good luck and follow me for more!