Wavetheory
BTC DIAMONDS/PERFECT ABCD PATTERNIt looks like btc has just finished Wave A of its correction, I expect to see a bounce to the the 0.618 fib line of the fib retracement for wave b and down to the support trendline just below 0.618 of the fib extension for wave c. Long the break of this pattern for certain profits.
New advance in Live Cattle Futures?I´m bullish for Live Cattle. Although it seems that 120 marks a Double Top in the Futures, this can be only wave 1 of a further advance in wave C. The wave count would be invalid if wave 2 breaks to new lows. Otherwise a significant advance above 120 would support my bullish view. Next targets are 127 and then 134.55.
ETHUSD Bullish projectionsYou know the drill. ETH is showing some compelling price action. E target is putting eth above 1k. 900s is to be expected. These targets are already confirmed and we are flirting with NT as we speak. However we are not out of the danger zone quite yet.
Hold on to your loins. ETH is in for an exciting ride.
LTCUSD Bullish ProjectionsTrade setup is as usual. Check the targets on the chart.
Above. We have experienced an impulse. It has driven LTC above 1hr kumo supports. The t-k lines are breaking bull and both heading upwards. Chikou span struggling with the kumo barrier it is in.
Above. The impulse has pushed the price up and out of the kumo and well above the t-k lines, which are currently overlapping and attempting to cross bull. They are tilting upwards, however, which is a promising sign. The future looks bright with a thick kumo's spans turning upwards slightly.
Above. A beautiful bounce on the base line, up and above the tenkan-sen, and up we go. With a very enticing future by the looks of the kumo supports being drawn.
USD/TRY is STILL TURNING (slowly). Patience.Never took the initial Short Trade.
Still watching BIGGER trade setting up into position.
Going to take time but when she gets there it's going to be worth the wait I do believe.
The TURN is up on the 2-day, 4-Day, 8-Day chart areas. Needless to say, that is not a fast set up.
EURGBP, Huge Move Up AheadHi there,
EURGBP is ready for the next big move up according to the information I have right now. We finished the correction, now going for the next impulsive move up. My plan is to wait for a correction on the smaller time frame, then I'll strike for the buy. This move has a potential of couple hundred pips.
MisterRay
EURCAD Trend Continuation, Strong Impulse in ProgressHi there,
We have completed the regular flat and are now starting the next impulse. My trade would be on the 1H time frame (or even lower) once another flat forms in order to get into the buy (2nd position). First position was at the bottom of the structure.
I am now expecting the next big impulse up, except something changes drastically in the structure.
MisterRay