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Murreymath

GBPUSD Technical Overview And Key LevelsKey Fundamentals: BoE’s Carney could not convince the markets for the further rate hikes. Markets need to see very strong macroeconomic data flow on the UK side. Even the negative US Job data could not stop DXY bullish run. You can read our latest DXY analysis Weekly Chart: Strongly Bearish. Cable is below all main Moving Averages. Testing the Murrey Math Lines 1/8 a 1.29400. Daily Chart: Strongly Bearish. MM Pivo4 at 1.29400. RSI has more rooms downside. H4 Chart: Bullish Butterfly did not work. GBPUSD made 60 pips of retracement at 1.29700 and reversed at Fibo 38.2% of CD leg. We expect the price to test 1.2850 0 support after the breakout of 1.29400. A minor retracement may happen at 1.28500. Break below 1.28500 will carry the price towards 1.26500. Intraday trading opportunities will be published for the members.
Short
by chartreader_pro
BTC - TO $11,100 BUT THEN TO $3,750Here is a chart pattern I drew up tonight. This is currently my " B" chart but it is very likely to be come the " A " chart. This current mini sell off that we had over the weekend cannot fit inside the old scenario. The my process is very specific. Every completed wave forecast the future more clearly. So things can change and are fluid. I have had to flip flop back and forth over the long term market direction several times. And here is another. This is just unavoidable during this period. After some time however, the possibilites will become more set in stone. We just are not in that period here. But we are getting close. I have to competing scenarios. Both scenarios have a rally happening now. And then differ in the ending. Tonights scenario B tops at near $10,000 - $11,100, and does not go as high as scenario A to the near $15,000 price area. After the top, scenario B has a devastating new low near $3750. That is way way down there folks. That is a 56% loss from here. And a roughly 64% decline from the projected peak area above $10,000. In the coming days and weeks we will see a rally, and if the rally peaks at or near these numbers, then we will know Chart B is the correct chart. If it is , I will become very bearish. This is not the type of sell of you want to ride out the storm thru. And is the type of sell off worth liquidating an entire portfolio over.
KRAKEN:BTCUSDLong
by Urbanmove
EURJPY Long OpportunityHey guys, I have been trading using Murrey Lines lately since I was introduced to the man that created the theory. It's a very interesting technical concept and I urge more traders to explore the strategy. Here we have a Murrey trade where price has reached the -2/8 line on the Daily chart, as well as the 0/8 (hardest line to break) on the 4H and 1H. I expect an imminent reversal here, and will be watching for green price action today and tomorrow! Stay posted for my trade update as this progresses. I am not taking a position yet, but will update when I do. These trades are my own opinion, you should do your own research to determine whether or not you should take the trade.
Long
by UnknownUnicorn835360