Will let the orange part play and visit it in few months to update. Amateur trader, just my thoughts and imaginations are on the chart :)
This what I am expecting in case of a (V-shaped) bottom, this chart indicates only the pattern which happend in ETHBTC (poloniex) daily chart after the break down of the artificially holded level of 0.07 POLONIEX:ETHBTC for a long time, similar to the 6K level of BITFINEX:BTCUSD . Let's see how it goes.
Continuing the 2017 gold plan linked below. I will add at market price here, two positions with SL @ 1245 , main target @1335 and extended target above @1400 or break even @ 1270 after hitting the main target. You could set your ST tighter and enter later if break below @1260 Good luck.
-I was loooking at the DAX weekly chart from 1995 to 2016 when I found these trendlines for the main highs, lows and the major turning points. -Most of the lines intersecting @ 13500's level, in the second half of 2019, this level is also the upper trend line of the weekly channel (the white dashed lines). -By adding some Fibs according to the position we are...
while the incidies getting there last 5th Wave up for the next year or two, I think that the Dollar index will most likely follow that path, after breaking its new High, will fall down hard, releasing up incidies, EUR, GBP, Gold and silver. Its a long term overview, but if this is right, means that most likely the plans on the other charts may be also right. Who...
Well, chart looks like breaking, but if not, then will fall around the 20's area
continuing the blue scenario from November the 4th, my view and probabilities are on the chart. Good luck
We may have some resistance here around @113.5, but I'm seeing more up move for this pair. The real difficult levels for this bullish movement would start above @114.5 and all the way to @118.00, where the weekly 61.8 Fib as well as three major monthly trend lines and monthly moving average are intersecting there. Trading plan: will calculate my short pending...
Plan is on the chart.line thickness indicate the probability. Good luck
Thats my look on the weekly chart on the DAX, Both structures in the two green rectangels may be similar. *This is not elliott wave count, its just my way to lable the structure. Line thickness indicate thier possibility. -It looks like that DAx may be doing this now, ofcourse ther will be some corrections on the way up, and thats good to add some more longs on...
In case of further fall, i have opened a small short position with SL breakeven, (low probability call) The main short pending orders are waiting in the upper shorting area on the chart, same strategy, divide orders and spread them between @1.044 and @1.066 Good luck
A little bit late in posting that chart, but if the calculations are right, then the price could go furter up to the levels on the chart before falling -Pending short orders are already set, using same strategy by diviing the normal short size in many orders and spreading them in the area between @82.4 to @85.1, larger orders are set higher. -I will not just...
Buy small now, SL 74.8, add later on every green dashen level
Triangle is broke to the upside, if correct then SPX500 will make new high. Will update later.