Get started

Signalspackage

Bitcoin - Key LevelWhats going on traders, today I am analyzing BTC/USD on the 1D chart. After price reached the 10,000 level, investors are now thinking with logic and not hype and enthusiasm. Reaching this level was the pique of many Bitcoin analysis that I have seen all over TradingView and my Bloomberg Terminal. I believe now the level was hit, a correction is due. Price recently showed 2 huge doji's, showing major indecision. I believe this is the bulls running out of steam and bears starting to nudge the market into submission. I am expecting price to correct. On the chart, I have outlined a few possible places for BTC/USD to correct to on the chart. The correction measurements are: Correction move to 8100-7500. Then price will regulate and continue its intended trend. Correction move to 5530. I believe this will be the maximum correction the pair will have. Bare in mind that however strong an instrument is, however compelling it is, however amazing it is performing, it will ALWAYS CORRECT. A correction is not a sign of a change of ideology, it is simply a sign of trading. Always remember, trade your CHART and not your MIND. If you do this you will be a successful trader always. In my related ideas, I have posted my previous BTC/USD analysis. If you review both of these analysis together you will see how I have come to this analysis. I will be updating this analysis as the trade progresses. Leave a like & follow to keep up to date with my analysis.
BITSTAMP:BTCUSD
by TomProTrader
26
AUD/USD - Downside LikelyHi traders, hope you're all having a good weekend. We have a potential setup forming for AUD/USD on the 4H chart with a breakdown trade. This could be an excellent shorting opportunity. I have tested a few hypothetical trading scenarios that could come into play when the FX market opens later. Each time, I have got over an 1:2 Risk to Reward. When analyzing the pair, I discovered that price seems to react when it hits specific technical levels. Each time price hits the sideways resistance, it seems to test the resistance, and price stalls, and falls into the lows. I then zoomed out on my chart, and drew the line acting as sideways resistance further back. I was surprised to discover that the sideways resistance line I'd drawn had been having a strong affect on price for a very long time (Since May 2017). With this information, I now knew that the sideways resistance line I'd discovered was more likely to be reliable, because it had been having an affect on price for a long time. I then discovered that price is currently at a horizontal support level as well, and is about to break the support level. If price breaks the horizontal support, coupled with the discovered sideways resistance, I believe these lines will act as a very strong resistance ceiling. At the resistance line there is multiple reversal candlesticks showing weakness. And a clear Fibonacci retracement was hit. This further consolidates that we have hit a resistance level in play. I am expecting a down move of 55-100 pips. If price is not affected by local support levels, it will achieve the full 100 pips. Only if a minor support affects price it will not achieve target. Upon using a Stochastic indicator on this instrument, I discovered a strong hidden bearish divergence. I am personally not an indicator trader, but to those who do may find this information useful. Do remember that price needs to open below the current price & support level, to be favorable to trade. So it is important to watch this trade carefully before considering a position. I will be posting updates on this trade below as it progresses, so like & follow to keep at to date with this analysis. If you have any questions or queries on this trade, feel free to connect.
Short
by TomProTrader
7
NZD/USD - New Uptrend OpportunitiesTraders I recommend reading this entire post so that you fully understand what I have done to come to my analysis. NZD/USD looks like a long opportunity on the 12H chart. After analyzing this pair, I discovered that price appears to be moving in patterns. Price seems to have an impulse leg, and then has a corrective leg which measures approximately 124 pips each time, before the next impulse down move begins. When I began analyzing the pair, I started by measuring the downtrend legs. I discovered that each correction seems to be around 124 pips. Price has recently hit a bottom, and has had some upside, and is showing signs of a new uptrend. Sure enough, when I measured the upside legs, we had a measurement of 124 pips as well. Despite the change of trend, the measurement of the corrective legs remained intact. This shows that these cycles are obviously having an affect on price. With this information, I was able to predict and plot the next move on the chart. I have calculated each cycles move by measuring the amount of points it moved before a new impulse. After I found there was an approximate 124 pip corrective move before each new impulse, I was then able to replicate a cycle at around 124 pips to see the future direction of the instrument. I am expecting an up move of 124 pips which will complete at around 0.7029. Below I have illustrated the calculations as to how I came to this conclusion. The principle of the cycles being used here is that every time there is an impulse leg in either direction, there is a corrective move of 124 pips, and then an impulse move which exceeds the impulse leg. (With exception of Cycle #1, which was the first leg of the trend and excepts this rule). With this information we can calculate (using data from the downtrend corrective cycles + Cycle #1 data) where cycle 2 is likely to end up. Using the calculations below we can make a mathematical assumption as to where price will lead. Cycle 1 = Cycle 1 + 124 = 0.6905 Cycle 2 - Cycle 1 + 400 = 0.7029 Following these calculations, we can expect a reliable short term up-move, by using the previous trend cycles from the downtrend. Since there is a change of trend, it will interesting to see where these cycles end up. We could get a lot more pips than we bargained for. Do remember that price may have a correction before Cycle #2 begins. It is important you watch this carefully before considering a position. I will be posting updates on this trade below, so leave it a like or follow so that you can keep up to date with this analysis.
Long
by TomProTrader
4
BTC/USD - Upside OpportunitiesTraders I recommend reading this entire post so that you fully understand what I have done, and how I have came to my analysis. BTC/USD looks like a long opportunity on the 4H chart. After analyzing this pair, I discovered that price appears to be moving in patterns. Price seems to move up, have a corrective move, and then move up again, exceeding the previous top by around 400 points every time. With this logic, I was able to predict and plot the next move on the chart. I have calculated each cycles move by measuring the amount of points it moved up before correcting. After I found there was an approximate 400 point move before each correction, I was then able to replicate a cycle at around 400 points to see the future direction of the instrument. I am expecting an up move of 400 points which will complete at around 8780. Below I have illustrated the calculations as to how I came to this conclusion. The principle of the cycles being used here is that every time there is an up move, there is a corrective move, and then an up-move which exceeds the previous move by approximately 400 points. With this information we can calculate (using cycles 1+2 data) where cycle 3 is likely to end up. Using the calculations below we can make a mathematical assumption as to where price will lead. Cycle 1 = Cycle + 400 = 7980 Cycle 2 - Cycle 1 + 400 = 8380 Cycle 3 - Cycle 2 + 400 = 8780 Following these calculations, we can expect a reliable short term up-move, using previous trend cycles to predict a reliable, yet conservative move. Do remember that price may correct before cycle 3 initiates. So it is important that you watch this trade carefully before considering a position. I will be posting updates on this trade below, so leave it a like or follow so that you can keep up to date with this analysis.
BITSTAMP:BTCUSDLong
by TomProTrader
12
CAD/JPY - Bearish OutlookToday we have a potential setup forming for CAD/JPY, on the 1H chart, with a swing trade. This is an excellent short opportunity with a just over 1:2 risk to reward. Price has been struggling to find upside for sometime now, and a move to 86.90's is on the horizon. If price breaks the 87.40 support level, I am expecting a breakdown to our measure target. This trade could potentially turn into a good long opportunity in the near future if it bounces at our target level. Feel free to connect with me below :-)
Short
by TomProTrader
GBPUSD buy setupHi guys, I've lately had many people messaging me and asking my whereabouts lately, as I've not posted on this site for some time. For those of you who don't know I'll explain it here so that you're all informed. I've been working on my managed fund lately. For those of you who know, I am a full time fund manager, and as it's half year period, I have been EXTREMELY busy, and have not had any time to commit to posting my free content for the community. Saying this, my time has now significantly cleared up and I am back like before, and will now be making my contributions as before. It feels really good to be back, and I'm excited. Just so you all know, my services are all business as usual, so contact me if you need anything. Now, to analyse. The pair GBPUSD looks good for a buy setup. The pair lately broke a minor resistance level after a pullback following a bullish impulse leg. I suspect price will now move up to the highs, and create a 3 wave move. Target is the measure move of the first wave. All the best, Tom_Killick
Long
by TomProTrader
USDNZD sell setup.Hi traders, USDNZD looks good for a sell setup. I am expecting a nice move to the downside. Use your tested trading strategy to determine the best buy and sell levels. There's a few ways this trade could play out, and how you play it entirely depends on your trading strategy and risk tolerance. I am expecting a bounce at the sidewards support level before a breakdown commences. Alternatively, it could break the sideways support, and retest the sidewards support as resistance before the break down takes place. Best regards, Tom_Killick
Short
by TomProTrader