EURUSD-Weekly Market Analysis-Nov18,Wk4I'm looking for shorting opportunity at the sell zone, the double red box zone below the red line will be perfect, if not within the box is fine.
If the market break the smaller red box, I will be looking to short at the shark completion, which I will share with my inner-circle.
Sellzone
Trade Ideas Position: EURJPY GartleyTo some, this may not be valid formation but to me it is.
The new update of trading view causes some words can't be used so I apologise for that.
1 important note is that point C might have a deeper retracement and that will cause point D to be lower, there will be a post update if such happen.
I'm using this to engage the trade but not taking the convention targets.
Stops and Targets will be shared to my inner circle
BEARISH IS BULLISH FOR BITCOINHere we are for the update of my previous analysis.
In only one week, we reached the buy zone which match the 50%-61.8%. I draw that zone because we may be in the second wave of Elliot impulse wave theory. The wave two often completes in that zone.
Moreover, a lot of people wanted to spot the real cup&handle, and as you can see, the follow cup&handle could be the real one.
We are watching now a rejection of the 50% Fib level, but as you can see on the RSI, is the bearish divergence. Today may be bullish, but we would enter in that buy zone for few days.
Don't forget that is an idea, just do your own analysis too. That could fail if the buy zone is broken down. However, as the blue line trend indicates, we would not see lower lows.
On the weekly chart, we clearly see a potential of second wave forming.
BITCOIN : ELLIOT IDEA FOR LONGAfter having finished the ABC correction wave, we may enter in a new impulse wave on the long-term.
The impulse wave I drew thanks to Fib retracement, indicates the different zones where we could find tops and bottoms.
During the next few weeks, bears would dominate the market until we reach the buy zone located between $7826 and $8255. That zone matches the 50%-61.8% zone of the Fib retracement in which the wave two often completes.
I would update that idea if some changes happen in the market.
EOS to Correct Soon, Lock in ProfitsTaking fibs from the full price action (wick to wick) of its last major dump, EOS is now wicking down directly off the 618.
Unless BTC shows more bullish strength on smaller timeframes, which is currently waning, EOS will have a hard time clearing the 618 and running for the 786 and the prior price resistance up there.
The best offense being a good defense, consider locking in profits and protecting your capital if EOS gets a small pop back up to retest the 618, where a double-top would be highly probable unless BTC shows that further bullish momentum.
DGB—Log Chart, Weekly, Three Possible Sell ZonesIf you look XLM/STR and XRP charts these sell zones start to become realistic.
Math of Market Cap:
XRP: Circulating Supply— 40,000,000,000 Current Price—2.5$ per/coin Market Cap—11,000,000,000$
XLM: Circulating Supply— 18,000,000,000 Current Price—.65$ per/coin Market Cap—97,000,000,000$
DGB: Circulating Supply— 10,000,000,000 Current Price-. 12 $ per/coin Market Cap—1,000,000,000
This shows how much growth is left in this coin.
*Not financial advice*
Good luck, everyone.
I will be updating this weekly until this time next year if you want to hangout for the long haul.
Tips:
Bitshares: sjm603
DGB: DKsA6RL5fDqGKyM2XE3jE1H62GQP94T2ho
Thanks!
BTS—Log Chart, Weekly, Three Possible Sell ZonesIf you look XLM/STR and XRP charts these sell zones start to become realistic.
Math of Market Cap:
XRP: Circulating Supply— 40,000,000,000 Current Price—2.5$ per/coin Market Cap—11,000,000,000$
XLM: Circulating Supply— 18,000,000,000 Current Price—.65$ per/coin Market Cap—97,000,000,000$
BTS: Circulating Supply— 2,600,000,000 Current Price-.74$ per/coin Market Cap— 2,000,000,000 $
This shows how much growth is left in this coin.
*Not financial advice*
Good luck, everyone.
I will be updating this weekly until this time next year if you want to hangout for the long haul.
Tips:
Bitshares: sjm603
DGB: DKsA6RL5fDqGKyM2XE3jE1H62GQP94T2ho
Thanks!
EURNZD Sell IdeaD1 - Bearish convergence after bearish divergence. A correction is happening now, we can expect a continuation down once this correction completes itself.
H1 - Triple cycle forming and we have a perfect sell zone at the top of the range., once the triple cycle completes itself we expect the price to reach the sell zone and a reversal to happen from there.
After confirmations of reversal we can look for sells aiming at the bottom of the range as target.
NZDUSD Sell IdeaD1 - Price entered the sell zone. We can look for sells as long as top of this sell zone is holding.
H4 - We have false breaks along with divergence and also there is a great trend line.
Don't rush into trades without confirmation as the risk-reward here is fantastic (target 1 0.71, target 2 0.6850)
Wait for good confirmations that the price is ready to reverse. You can use smaller risk than usual.
EURUSD Enters great sell zoneW1 - We have bearish trendLlne and horizontal Resistance which is at the top of the range.
D1 - Price entering the cycle zone 161.8% also bearish divergence forming already.
Price is currently inside a great sell zone. We will see price in the zone 1.1450-1.15. It is recommended to wait for a signal from your favorite strategy as a confirmation before we jump in.
EURGBP Sell ZoneD1 - Massive bearish pressure on this pair all over .
H4 - i'm looking for shorts only, Price is currently trading inside a triangle of some sort. There are two possible scenarios here.
Scenario 1 - Move up, false break and then continuation down.
Scenario 2 - Move down without a false break.