Sellzone
EURUSD-Weekly Market Analysis-Dec18,Wk2EURUSD on daily chart shows a bearish movement. On 4-hourly chart it is a sideway consolidation.
The red zone is within the sell zone, within the sell zone sit a deep gartley setup, if the market touches Point D and close below the upper trendline will give a perfect shorting opportunity.
The trendline shows a sideway consolidation, breaking out of the trend line is inevitable, but the direction of the break will show a likelihood of market direction.
GBPUSD-Weekly Market Analysis-Nov18,Wk5UK Pound still on its bearish run, we have took extended target on this Bearish Bat Pattern and we are glad we did.
Target 2 hit a total of 107pips profit.
As for counter trend trader, do note on the black line that seems to be a strong support, if it is broken, it may extend lower. As for me, I would need additional confirmation before engage on this counter trend trade.
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EURUSD-Weekly Market Analysis-Nov18,Wk5Overall market direction for EURUSD is still on its bearish tone. However, at the Pt D Completion of the Bullish Bat Pattern(red) does provide a great counter trend trade opportunity.
Will be taking conservative targets should the bat pattern still valid upond touching D Completion.
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EURUSD-Weekly Market Analysis-Nov18,Wk5Still waiting for market to hit Point D for a shorting opportunity.
Do note that, there might be a bullish bat pattern lurking into this setup.
I will be sharing the trading opportunity with my subscriber.
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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.
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!