TDI
GBPJPY Weekly M analysisSeems to be respecting trendline. might shoot downard to the bottom of the channel. Also a chance it could retrace off the red Support zone and breakout past the channel upwards.. less likely although possible. TDI is pointing to the latter.. Either way the general direction of this pair is upward for now.
GU sell updateI've been talking about this one. I posted a london close scalp. But I am still looking for the longer term sell. Right now we may have a diagonal pattern here in which wave 5 is breaking out of the trend line. However it is dangerous to just enter and hold, but if you did scalp or see scalp entries entertain the possibility of this daily candle becoming a wick......
GBP/USD sell... Still StalkingYou see it responding to the fork I drew. You see the 1.400 level and trend line above. Obviously the U.S. government are being dill holes and it is Sunday night Eastern standard. Looks like a flag sell setup right now on 4 hr, but I would prefer to find an entry at a different time of week. I am setting up my company so all I can really do is provide some longer term trades unless I just happen to check on them at the right time.
Big Pharma MERCK & CO in STILL in serious trouble, its happeningAs per my previous analysis:
FUNDAMENTALS:
Merck -1.91% & Co seem to be in serious trouble after a 'Big Pharma -2.86% Bombshell' where Federal Judge Beth Labson Freeman of San -0.77% Jose finds Merck -1.91% lied in patent trial to both a business partner ( Gilead Sciences Inc -0.41% ) and lied to the court itself, overturns $200 Million verdict ! (Re: hepatitis C Drug). This seems to be now having a negative effect on this stock, as per analysis back on July 16th 2017 and I am expecting this to continue bearish.
Source:
LA Times Article here:
www.latimes.com
Court Document here:
assets.documentcloud.org
Judge Stated "Merck's misconduct includes... misusing Pharmasset's confidential information..., and lying under oath at deposition and trial" - Federal Judge Beth Labson Freeman.
One example of this was "The edvidence examined by Freeman strongly suggests that Merck -1.91% flagrantly manipulated the patent process to gain unfair advantage." - Michael Hiltzik, LA Times.
AND
"Adding to the temerity of the big drugmaker, it originally sued Gilead for $2 billion before having to settle for $200 million. Now, pending appeal, it won’t get even that much for its patent claims, and its reputation for integrity will carry a value of less than zero." - Michael Hiltzik, LA Times.
TECHNICALS: (Daily and Weekly Charts)
A Gartley pattern has been confirmed and completed as well as breakout from major structure, providing the start of what seems to be an Elliott wave 2 structure in it's infant stages, after completion of a correction and a failed Wave 5 at the top of the chart, where major resistance is located. This initiated Elliott wave count suggests a long-term bearish trend for the pharma -2.86% company down to significantly low price that would normally be expected.
Ketchup, Mustard, Water and Mayo EMAs have all been breached by the price action as well as TDI -0.08% showing hints of continued downward movement.
Monthly chart also suggests we are at the start of a Bearish Intermediate Wave 1 which does not look good for the pharmaceutical company.
However, that being said, this is a FANTASTIC opportunity to SHORT the absolute crap out of this stock, in my opinion I see quite significant Profit from Shorting this stock on a 3 ~ 6 month term, possibly even longer if the wave count is confirmed as described on my chart. I'm shorting this stock on the breakout of structure, where most likely this will occur on market open with a GAP. In my opinion this will be a huge profit maker as I'm expecting this bearish price action to continue for significantly long period of time.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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REDD Coin completed wave5 and now possible Correction?It seems REDD Coin has just it's wave5 as previously forecast, on the Minor Period. It also seems that the first 'ABC' correction has completed and we may be seeing the first of the next Impulse wave1 count, if the correction has been completed. If the correction hasn't been completed, my wave count will be invalidated and a re-count will be performed to catch the next impulse wave up. The Intermediate wave count of this coin suggests that we have also completed wave3 of the Intermediate period and once wave4 completes, we should see another huge gain for wave5 on the Intermediate period.
This coin has massive potential and I'm expecting this to make massive gains in the next couple of weeks, if not days.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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REDD Coin performing wave 5 count?It seems REDD Coin has just started it's wave 5 count in a bullish trend. Price action is above the Ketchup (13 EMA) as well as the Water and Mayo EMAs. 'TDI' shows additional suggestion that an upward move will continue as the 'RSI' line has just hit the upper outer band of the 'TDI' channel, pushing towards the '60.0000' area. In my opinion this will continue to rise whilst making significant gains as it ploughs through the resistance areas.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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ADEX Breakout of structure, to Wave 1 Impulse ?It seems that ADEX has broken out of structure and may have started a wave1 impulse move up.
Although whilst looking at the 'TDI', 'RSI' seems to be already approaching the Overbought position at around '60.0000' there is still more room for bullish price action to complete at least wave1.
If this wave count is correct, we should see significant gains in this coin in a relatively short period of time.
I've purchased this coin at breakout and am holding long-term.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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Vertcoin Impulse wave1 completed, progressing through wave 2It seems Vertcoin has recently completed a triple combo correction as well as a Wave 1 impulse, moving through a wave 2 currently. Price action is just below the Blueberry EMA (800 EMA) and should continue to the next Support zone where I am expecting a reversal to start progression through wave 3 impulse. TDI shows the RSI line (Black) just above the middle band, preparing to drop again to the bottom of the TDI channel.
Entry would be once wave 2 has completed and wave 3 starts, purchase on breakout of structure.
In summary, I'm expecting price action to continue on it's path as a normal progression of a wave 2 impulse wave, once completed, we should see a rise up to the highest resistance point marked on the chart, as a completion of wave 3.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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VTC Vertcoin is going vertical !It seems that Vertcoin is in a major bullish trend and based on my wave count, is currently in a Minor period Wave3 which should be confirmed at the breakout of structure marked on the chart. All EMAs are now upwards pointing, TDI shows continued upwards trend (Weekly Chart) yet to form a sharkfin, but still outside of the outer bands. The Sharkfin should play out at the end of the wave3 move with the wave4 correction, to then continue LONG for the wave5. In my opinion, this is a great opportunity to buy a great coin, which will no doubt be one of the big earners. Once breakout occurs of structure, i will be purchasing this coin and hold long-term.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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EURAUD - W - LONGDear traders,
Here is a new LONG signal on EURAUD :
Entry : 1.50600
SL : 1.47083
TP1 : 1.55203
TP2 : 1.58863
TP3 : 1.62637
Reasons for this long : It looks like nearly too obvious to be true. All indicators are showing bullish continuation at least to 1.60ish. We have to take into account that this is a weekly trade, so reducing lot size is mandatory especially with SL like these.
Trade with your own diligence,
GL HF
Metaverse ETP completing correction on breakout LONGMy wave count suggests that Metaverse 'ETP' coin is nearing completion of it's corrective wave and will break out of structure in Bullish trend to start Wave3 Minor Period, of Wave3 Intermediate Period. This suggests massive gains on this coin. Ketchup and Water 'EMAs' are about to cross, which will confirm the first up move as well as there being a significant support area which is a flip zone at the end of the corrective wave count. 'TDI' suggests a little more continued move downwards to complete WaveC where we will hopefully see a sharkfin on the lower bands of the 'TDI' to signal a pending upwards move. I shall purchase many of this coin on the breakout of structure (RED structure line) going LONG and will hold long-term.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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EOS completion of base curve, now ready for bullish launchIt seems EOS has completed its base curve and is now on the way up in a bullish trend, after breakout of structure.
Breakout occurred on the 26th of October and has since produced an impulse wave LONG which I believe is the start of the major upwards. This initial impulse move I see as being on the Minute period and I am forecasting this coin to continue upwards for the next wave3 Minor period where it's value should increase exponentially if my forecast is correct. TDI also confirms wave5 completion on the minute period with a sharkfin and blood in the water, ready for the corrective wave down to the closest support area. The Ketchup EMA has crossed with the Water EMA which confirms the upward move also.
I'll be purchasing this coin on the next low, going LONG and holding long term.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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DASH in Triangle - Bullish on BreakoutIt seems that Dash is in an ascending Triangle with bias LONG, ready for an Impulse wave run from breakout of structure.
In my opinion, Dash is ready to Buy at the current price for a LONG right to the end of Wave5 on the Minor scale which would double your initial investment. 'TDI' whos the 'RSI' just outside the upper band for what I believe will be the final stages of a short, within the triangle structure before a breakout LONG. RSI is in neutral territory, neither overbought nor oversold inside the 4Hourly chart.
I'll be purchasing this coin on breakout of structure and will hold at least until the Wave5 target around the '$460' to '$500' range and will then re-evaluate before continuing.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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Programmed PRG breakout Impulse move during Gap LONGIt seems Programmed 'PRG:ASX', finally a breakout of a Corrective ABCDE Triangle on the Daily (Minor Period), has resulted in an Impulse move LONG to form the first Impulse Wave1 on the Minor Period. Based on Support created during 2015, I'm looking for a Wave2 correction/retracement down to the 0.832 or 0.50 Fibonacci level before the Wave3 Impulse run. However due to the fact, the first wave is a gap, and there is no reference charting, the move LONG could continue as a wave1 before a retracement.
Price action has not yet dropped below the Ketchup EMA, however, chances are the next candle or few, should drop the price action below the Ketchup. Once Price action crosses the Water EMA, I will consider that confirmation of Wave1 and Wave2 (Minor Period) in progress. All other EMAs are pointing upwards with the RSI inside the 'TDI' bands, at the bottom extreme, pointing downwards, which suggests continued price action move downwards with the 'RSI' from the '64.000' region, which at its last high of '84.0000' suggests price WAS in the overbought position. That, together with the previous price breakout back in 08 of '2013', and the previous triple Elliot Triangle, produces a BULLISH bias to this stock with great expectations.
I've gone LONG on this at the current price point, even though the right move would be to wait for wave2 to complete and break structure, I've got a lot of confidence in this company to perform to a level which will increase stock value to at least $5.00 range within the next couple of years, thus doubling my investment for this short-term and providing the trend continues should continue to perform a Wave3 Intermediate, once the Minor Wave5 has completed.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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EURUSD - D - SHORTDear traders,
Here is a new SHORT signal on EURUSD :
Entry : 1.18893
SL : 1.20440
TP1 : 1.17180
TP2 : 1.16054
TP3 : 1.14905
Reasons for this short : Weekly HA is forming a topping pattern alongside others signals, and daily has broken PAC. 4H confirms the breakdown. As usual with this strategy, we could see another leg up before lower break down.
Trade with your own diligence.
GL HF
BTC in ABC Corrective SHORT, before Reversal to LONGIt seems that BTC is in an 'ABC' Corrective move SHORT and has almost completed waveA, as per my correct analysis (see below in the related ideas link).
WaveB will most likely be the target from the Bullish Butterfly Harmonic see below in the 1 Hour chart.
From here there should be a LONG to the end of WaveB (Either targets #1 and #2 - But in my opinion Target 1 will hit only), before the next run down SHORT for WaveC.
Based on my calculations, WaveC SHORT has 2 possible Reversal Points, See the Daily Chart.
1) SHORT to the Reversal #1 (High Probability) may be the '$5,000' range where a major Flip Zone exists, here I will make another Entry and purchase LONG more 'BTC' before the $7,000 ~ $9,000 target is reached.
2) SHORT to the Reversal #2 (Low Probability) may be down to the '$2,800' range where Major Support exists as well as a confirmation of a Bullish Cypher Harmonic.
This would be the perfect entry to purchase significant amounts of 'BTC' as a reversal at this point will be hard and fast, all the way up to the $9,000 range during December 2017.
'TDI' on the Daily shows sharkfin and blood in the water completed, with RSI coming out of the Overbought zone and has a downward direction. EMAs are still pointing upwards on the Daily which suggests continued upward trend, as well as the Mustard and Ketchup EMAs, have not yet crossed on the daily.
In my opinion, price action most likely may Pin the Water EMA (50 EMA) and will reverse at that point. However there is also the probability that the Bullish Cypher Harmonic may confirm, which will mean a significant drop in price, all the way down to the '$2,800' area, however, in my opinion, this is low probability to keep in mind. Note: That will NOT be a Crash, it is called a CORRECTION, nothing to worry about if it happens. Professional traders use corrections as a good entry to LONG this Crypto, for additional profit. Amateur traders will panic sell this which will drive the value down faster.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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NEO coin sideways with possible SHORT before Breakout LONG'NEO' Coin is still sideways in a corrective move, and is now at a critical point. If price action breaks the lower (yellow) trendline, there is a high probability that price will continue to drop until the bottom support line. That will most likely depend on the latest China Congress Elections this week and next, regarding cryptocurrency in China. If positive steps are made, we should see 'NEO' Coin move upwards to break the (Blue) trendline. However if there is negative decisions made regarding cryptocurrency, then we could see big SHORT to the bottom support. In my opinion, at current price and analysis, 'TDI' shows 'RSI' in a Sharkfin with blood in the water forming, signifying another BEARISH move before more sideways action until the China congress elections.
Source: cointelegraph.com
In my opinion, 'NEO' is a BUY "IF" price breaks out from the blue trendline. If not, we will most likely see a short before additional analysis is needed.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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Bitcoin Wave4 Correction in progress ready for breakout LONGBitcoin is proceding nicely LONG continuing upwards trend towards the $6,100 area.
Once the 'ABC' correction initiates, we could see significant pullback towards a flip zone. Depending on whether another fork will occur in November or not, will most likely determine whether or not price action will pentrate the flip zone dropping down to another deep retracement around the $3,000 zone or if it continues upwards to the $8,000 zone. However in my opinion, another buy opportunity exists once the completion of wave 4 has been completed before the LONG price action continues for wave 5.
TDI currently shows sharkfin and blood in the water, suggesting additional moves down for wave 4 before another move upwards for wave 5. All Ketchup, mustard, water and mayo EMAs are all below the price action and pointing upwards, indicating current upwards trend still in play.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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AdEx Currently Bearish with imminent bullish breakoutIt seems AdEx coin is near ready for a bullish breakout of structure, after completing an 'ABC' corrective wave.
Current trend suggests bearish price action as the Water and Mayo EMAs have cross and are above the price action.
'TDI' shows the 'RSI' inside the outer constricted bands at around '40.0000'. The pattern suggests another possible bearish move downwards before some significant bullish price action to occur. The bullish moves may occur within the Yellow trendlines (triangle), however only when price action performs a breakout of structure, will the buy signal be confirmed.
In my opinion, this is a great coin to purchase, still good at around 0.84 cents (US) at the time of writing this analysis.
I'm going to purchase this coin on breakout of structure and I'm forecasting price action movements between 2 different paths, Cyan and Red. The Red being the most probable as it follows the typical cryptocurrency pattern of a curve.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
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