View On EURNZD (28/05/2018)Price has break the support at 1.69 with increased volume. Price can retrace back to the resistance zone, we could look out for
possible short trade to the next level.
Marketanalysis
Bitcoin Market Cycles V1Hello Traders,
Just a bit of speculation and fun here really. This chart is assuming Bitcoin will complete is corrective cycle and do a 85% retrace which ends 1/10/17. I dont know if this will happen, just plucking figures from air.
Then Bitcoin goes onto pump for 650 days finishing somewhere around 01/07/2020 at $54626. Timeframe and target just plucked again.
Just wanted a long timeframe chart to look at.
Not financial or trade advice.
View On BTCUSD (27/05/2018)Price move down with decreasing volume . Next week, we shall see price touch the support level (6800.00), and retrace to 8200.00 level.
View On EURCAD (27/05/2018)1.51 support level has been broken, next week we can see price move down to 1.48 level
View On GBPCHF (27/05/2018)Last week, price moved down with high vol, now we can take a short after price retrace at 1.329
GE Price targets and possible long term movementsFibonacci and formations worked very well.
On the monthly chart I also pointed to the returns from the Fibo supports and resistance.
17.73 (0.618) - Even if it turns, it can continue to move up
20.65 (0.5) - Important and equilibrium point
23.56 (0.382) - Most likely to return
The first target is 20.65 but 17.73 is important too. You can sell at here and after price up to resistence buy again. Eventually, this is a resistance
The overall trend is in decline.
Below, I draw two possible scenarios on the big chart. For the trend change, first the thick blue line must go up. Then 33 resistance.
It seems more likely to turn away from resistance and fall back.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
PS make sure you give me a like, If you like this analysis ....
Two long-term probable scenarios on the monthly chart
View On EURJPY (24/05/2018)Support level has been broken, now we can wait price retrade and take a short
View On EURGBP (22/05/2018)Price has rejected from the trend line, now we can see price move down to 0.868 support level
View On EURJPY (22/05/2018)131.3 level is a good support, now we can see price move down to 129.2 level
View On AUDCHF (22/05/2018)A lot of high volume appear, but price can not break 0.756 level, now we can see price move down to 0.74 level
View On USDJPY (21/05/2018)Last week, price rised to resistance with low volume, now we can see price move down to 109.5 level
View On NZDCAD (21/05/2018)Last Friday, we saw a big bull candle reject from 0.88 level. Now price can retrace to this level and move up to 0.91 level
View On USDCHF (20/05/2018)Price has rejection from resistance level (1.005). Now price can move down to 0.975 level
View On GBPCHF (18/05/2018)If price can break 1.349 level, it can move down to 1.33 level. Just wait for short
View On GBPJPY (14/05/2018)149.322 support level has broken, and price was retrace, now price can move down to 146 level.
