TRX/BTC Fibonacci Bullish Triangle prediction We may see a triangle before going past 1300 again and reaching for the next LONG target (1400-1500)
Targets
Possible breakout for the 5th Elliot WaveIt seems we may be in for another moonshot. TRX just went into a huge reversal sign and feels like it wants another run up, since the trend-line is up heavily we may presume that it will reach about 30% above it's previous run up.
Target 01: 0.00001148
Target 02: 0.00001392
Target 03: 0.00001704
Expectation: 0.00002000
Gold Target 1266It seems to be that this is the December turn like the previous two years.
Gold as been holding well with the Fib so far.
First target 1266, with some movement in the upwards direction to break the down trend.
Best,
AM
Ethereum ($ETHEUR) what to do ? Just #HODL !Jokes apart, let's look at the levels of #Ethereum. Now I'm looking on KRAKEN:ETHEUR pair because looking at POLONIEX:ETHBTC is meaningless. In this highly volatile period we can try to buy it in the 350 - 340 zone (in euros) and first targets are at 450 , but if you are a true follower of Vitalik: just #HODL.
EURUSD trade succesful, stop at least to break evenHi guy's in this week's video I called the short term short for EURUSD with potential for a longer term sell. bigger picture has not changed. The bullish impulse from 1.033 low has not been corrected yet.
Check out my youtube channel for more video's and in depth analysis.
Safe trades!
EURUSD - Looking Short - 4HAnalysis for EURUSD - Using Support and Resistance, There was a clear bearish movement from the Top Resistance all the way down to the Middle Support, the Pair just reached the 1.17780 and we're expecting a retest and hopefully it'll reach the bottom support 1.17301
Trade the Fibonacci BounceUSDCAD was not able to break through the 61.8 fib level.
A possible trade on this setup is to open 2 small positions, both with the SL above the test of the 61.8 fib level. TP1 at the 50 fib level and TP2 at the support level showed in the graph. If TP1 is hit, move SL on the remaining positon to entry level.
If you have any questions or feedback on this analysis, feel free to share!
Happy Trading!
AUDUSD trade call successfulThe short term AUDUSD buy trade I called in this week's video has been successful. Now I will focus on the response to determine what is going to be next as explained in the video.
Safe trades
LTC Fib RatioWe are in a consolidation at possibly 57.30 for the next several days and possibly weeks. Look for very low volume at one of the Fib levels. As noted, the fib. ratio of the high/low spikes to range is exactly .382:1. I'm seeing a very profitable exit point at the golden ratio of this range. We need to see consolidation for this to happen.
A H&S Top, in Weekly Trendline_ 5th WaveExpect some retracement, in a small Head and shoulders at the top of last days swing.
On Watch for Wednesday, November 22First close over the 50 day EMA since July. Some resistance @ $3.40 and $3.61 then it's smooth sailing to $4.50. Targeting $4.50 first, $5.00 second and then the 200 day EMA around $5.75. Some weak support @ $2.89 and more solid support @ $2.55. Watch List @ TraderPix.com
On Watch for Wednesday, November 22Bounce off of support on it's way to the 200 day EMA. Targeting $0.75 with Resistance on the way @ $0.55 and $0.65. Stop set below support @ $0.47.
Watch List @ TraderPix.com
On Watch for Wednesday, November 22Upside move and a break of the 50 day EMA after hours. Entry over $1.02 targeting $1.30 first and on the break of $1.40 new target will be $1.80. Support @ $0.82 could be a spot for a stop.
Watch List @ TraderPix.com
On Watch for Wednesday, November 22Close above the 50 day EMA could be the beginning of the gap fill. Targeting $2.27 first with resistance on the way @ $2.01 and $2.13. Looking for the gap fill @ $2.94 on the break of $2.27. Tight stop below $1.80 and a looser stop below $1.70. Watch List @ TraderPix.com
On Watch for Tuesday, November 21Big move today, watching for continuation tomorrow. First target of $4.68 with a second target of $5.50. Support @ $3.45 and $3.22.
Watch List @ TraderPix.com
On Watch for Tuesday, November 21Triangle / Pennant forming looking for a break to the upside in the coming days. Targeting $1.80 with resistance @ $1.60. Stop could be set below support @ $1.35.
Watch List @ TraderPix.com
On Watch for Tuesday, November 21Bottom bounce play. Targeting the gap fill @ $1.35 first and $1.60 second. Stop set below support @ $0.81.
Watch List @ TraderPix.com
On Watch for Tuesday, November 21Break of the 50 day EMA today, looking for this momentum to continue tomorrow. Entry over $1.22 with a target of $1.40. Support for stop placements @ $1.18 for the tight stop and $1.13 for the looser stop.
Watch List @ TraderPix.com
On Watch for Monday, November 20Showing signs of breaking out of this month long consolidation. Possibly on it's way to test $2.00 in the upcoming week. Resistance on the way to $2.00 @ $1.48 and $1.72. Support for stop placements @ $1.28 or $1.20.
Watch List @ TraderPix.com
On Watch for Monday, November 20Big move through the 50 day EMA on Friday. Watching for continuation on Monday with a target of $4.00. Some resistance @ $3.80 on the way to target. Support @ $3.08 and the 50 day EMA around $3.39.
Watch List @ TraderPix.com
On Watch for Monday, November 20Looks like the bulls are regaining control and trying to make a push to the 200 day EMA. Entry over $1.40 with resistance @ $1.55 before hitting a target of $1.70. Stops could be placed below support @ $1.26 or $1.21.
Watch List @ TraderPix.com
