BTC Macro Corrective WaveMacro horizontal triangle correction. Long term position: short to Support @ 5800. Targeting June 2020
Then... well we all know the answer to this one. To the Moon!
Triangle Wave
Adjustment for new XAU/USD Long to 5 wavesXAUUSD long to 5 waves, because waves 3 to 4 have simetricaltriangle pattern, then up to 5 wave (1.272 Ext).
i use fibonacci relationship for calculate Targets.
you can buy in 1680 or 1687, then TP 1. 1720 and TP 2. 1751, SL 1670.
*NOT 100 %, but you can use this for learning.
Triangle...Triangle: wave c was .786 of wave a and wave d at 1720 is = .618 of wave b. Very text book triangle relationships. At origin of wave 1, triangle measures approx 100
EUR/USD Long position: confluence rejection after a retestEUR/USD Long position:
after rebounding on the weekly gravitational-trend and a very strong support.
It is clear that EUR/USD will start bouncing again at the top highs after a big accumulation that comes across a very sensitive strong support and a confluence rejection after retesting the gravity-trend of the triangle patterns.
GOLD perfect short entry and weekly expectationGOLD perfect short entry and weekly expectation
--> Open position at 1702 support/resistance level what correspondate to the trend break-out (100% Fibo extension) and intersection of the globale weekly triangle pattern upside and gravity trend.
- First target 1681
- Second target 1671 (After Triangle break out with 2 candles in 15M timeframe!)
- Third target 1651 (After Triangle break out with 2 candles in 15M timeframe!)
- !! Stop loss for other targets: 1709*
Scenario 2 EUR/USD 4 Hour chart wave analysis on a triangleScenario #2
Possible a contracting triangle with lower line rising
Trade:
Short at break out of lower line
GOLD SHORT after rebounding on Triangle pattern and a key trendGOLD SHORT after rebounding on Triangle pattern and a key trend-line. (Short-term analysis)
EURCHF breakouts from descending wedge 🦐EURCHF breakouts from descending wedge after ABC correction.
We are looking for confirmations with our signals in order to place a nice buy order.
GBPCHF is forming an expanded triangle 🦐GBPCHF is forming an expanded triangle (also called megaphone).
the price is close to a nice sell zone, we are waiting our signals to place an order.
MATICBTC Symmetrical triangleMATICBTC continues to rise after the recent breakout. It just retested the previous resistance and created a Symmetrical triangle. As we know from our signal is a sign of a continuation pattern then we will look for the breakout that could be a start of the third Elliot's wave
WTI CRUDE JULY - Triangle range - USOILNYMEX:CLN2020
WTI July contract is trading inside a triangle now
Next week we will see this testing the 20.71 range again possibly forming a double bot pattern bouncing the price back to the top of this triangle pattern
This is still looking pretty much bearish overall raising some concerns for the next contract roll over.
Most likely we will see a breakout towards the end of the month with the rolling contract approaching and price will push the 17 dollar range
EUR/USD Going short on Hexagon&Triangle patterns Weekly Analysis- EUR/USD Going short after a quick correction
- Hexagon&Triangle patterns
- Weekly Analysis
- EUR/USD Weekly expectaions
Is this the level the market is looking for? Im just having a little fun with a fib circle and trying to predict the next decent sell-off. Obviously no one can call the future for sure and intra-day trading provides the best information, but its always fun trying to get a big picture of the important levels in play.
Short-term I am long till we get closer to the 184 mark. Beyond that I am going to wait till confirmation to buy shorts.
Leave a comment if you wanna add/disagree to this chart.
Descending Broadening Wedge For BitcoinPlease leave a like and comment if you enjoyed the analysis.
The price could be completing an a-b-c-d-e correction inside a descending broadening wedge.
The price is possibly beginning the 2nd subwave.
Final target : $6310
BTC / USD Long incl. halving and bull possibility half of mayThis time around I included the halving of the BTC within a timerange of about two weeks around half of may. According to historical data, BTC prices should go up exponentially after a drop to 5000-4700 support level.
Let me know what you think.
BITBAY:BTCUSD
Sideways in oil for a whileAfter finding it's low at 19.50 I expect a sideways correction in oil because wave 2 was a Zigzag.
The alternation in the Elliott wave suggests me that after a deep correction there will be a sideways correction.
We are too early stage of wave 4, therefore, I don't know which one will be realised, a Triangle would be suitable for the coming situation, but a Flat or a type of Flat would come also. We will see it, but I will prepare for myself a sideways trading strategy, which is not my favourite.
At topping point, there will be extreme optimism and vice versa. In the sideways moving, the contrary attitude is well-paid.
The last leg down?Possible bearisch EW outcome for the last leg down.
My entry: Short @ break triangle to the downside.
Not financial advice.
EURJPY is gonna fall seriously.After breaking the triangle pattern, EURJPY showed really clear pullback. I think It will fall till crossing pitchfork`s bottom line. It`s not a signal. It`s an idea. Please don`t follow anyone`s idea blindly. Thank you.
NEOBTC | ABCD and triple bottom strong supportPreviously we analyzed NEO in accordance of USDT quote currency, unfortunately the position was strongly correlated with Bitcoin price action. In current market condition we received a confirmation of sustainability of NEOBTC in the mid-term
From a technical sign we have a strong buy signal because of completion of ABCD pattern and formation of triple bottom which stands now for a strong support of ascending trend
NEO is very oversold and its market value are much lower than real intrinsic price thus there is a good fundamental background for this position
We recommend to accumulate NEO and use amount you accumulated with USDT quote currency for middle term holdings
Entry price, target levels and stop loss are in the settings of automatic premium signal
