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Newyear

Nasdaq 100 - If you're a BULL, this might be how it plays outNQ1! - Plenty of opportunity to capture points up and down. However, if your bias is to the upside, here is how it may end up playing out. In my opinion, what will be a last leg up before new LO's. Yellow lines are areas of targets for resistance and support (as high as 6870). We may have already seen the support (6245) for higher moves put in on Friday, otherwise, a sightly lower level for support below (6170). With that road-map in mind, I will look for entry patterns as opportunities to get in trades. As of late, taking 35-50 pts a clip. After I collect my profits, any continued move only serves as psychological compensation for being correct with the trade's direction. No FOMO here. Plenty of volatility to go around.
CME_MINI:NQ1!Long
by ProSTrades
BTCUSD perspectivesHello! At the moment we`re facing some resistance at 16500. And the reason for this may be this things: 1.some divergence on rsi at 2h 2. appearing head and shoulders at 1d 3. holidays?:) About rsi. On the picture you can find an anology with 2017 autumn. So i expect the pull back towards 14k level to make the bull formation at rsi and continue the uptrend. Also, i see the possibility to go at 11k, however this will break the parabolic support, and it should somehow affect the trend. i think its just going to slow down, but will not be broken. Anyway, the time of constant monitoring continues. And after that we`re ready to face new highs. The first target is 25k, then 31k, considering the relation i found: in logorithmic mode you can find the start of the uptrend at 200$, and making the fib from it to the new ath shows, that the second ath usualy appears at 161 fib area. you can read it here Everybody have a nice holidays:) If my charts helped you somehow, you can help me with donation. I`m saving up 0.02 btc 2.64% to start trading and the part of it i`ll use to get the tradingview pro pack. Any satoshi from you are preccious for me. It will be like a real new year gift to start trading with your help in the 2018! Watch status to make it. Thank you for attention! Watch for updates
BITSTAMP:BTCUSDLong
by IvanGuskov
4
BTC/USD the future is clear.Based on the history of bitcoin after negative news btc always drops to consolidated value. It's no different with the segwitx2 cancellation, it's just this time the consolidation has past it's initial low point and is now moving towards the second phase. There seems to be a nice upward triangle wedge every time after initial low. And the total recovery time from previous high takes around a month or so. Be on the lookout for a short to 6500 and ATH close to new years.
BITSTAMP:BTCUSDShort
by Xamton
2
EURUSD is this the end of cycle?It is obvious - market was in huge channel for the past 8 year since 2008 crisis. Lots of theories suggest that markets evolve into big cycles of 6-8 years. As we add even cycle pattern on this monthly chart, we see the past 2 cycles evenly changed direction after 8 years period. And now we are at the end of last cycle (90 month) since last trend reversal. As it is obvious in chart - major support level of 1.07 hold strong, and marked made double bottom. In the other hand all time low and high Fibonacci retracement level of 61.8% is broken down and tested from below. This is strong resistance level now coincided with round price number of 1.12. There is strong signals to short side as candle patterns and price action are obvious. Will 8 year market cycle theory become true, or the price action will win this battle of bears and bulls? We will see soon. :) For more detailed and more frequent ideas, reviews and analysis you can contact me here, on facebook or website. Best wishes for new incoming trading year! ;)
by venckusarunas
AUDUSD is going down this year?In this pair we can identify the possible major Elliott wave impulse pattern unrolling down (blue circles). In the smaller pattern degree you can see middle of the impulse pattern unfolding with in the wave 3 (red ones). Major level of 0.8 is broken down and retested from below. Supportive trend line (connecting monthly close prices) is broken too, but not yet tested (it is possible to see test of this line with in the end of major impulse pattern wave 4. Second supportive trend line (connecting monthly lowest wicks) is broken and retested too (previous month candle closed above the line, but this candle could not make new higher high as pin bar 3 to the left, so last one is considered as reversal doji with a strong move down this month). All time low to high Fibonacci retracement level 61.8% coincide with lower trend line. If market will close below 0.7 as this month ends, we could see trend continuation down into next support levels. For more detailed and more frequent ideas, reviews and analysis you can contact me here, on facebook or website. Best wishes for new incoming trading year! ;)
Short
by venckusarunas
2
EUR/JPY Convergence with Breakout Potential Simply stating that we are reaching a potential for some activity on this pair. Once a Candle Closes Above Green Zone I see potential to rise up to the 134.00 area. This could be take PROFIT ZONE. The opposite of that trade is the breakout downwards towards 131.00. This trade is triggered with a closing candle past the red zone. 131 would be the ideal take PROFIT ZONE. Most likely will have to wait till after the holidays for any big movements.
by Dreem