Bonavest

Bonavest Updated 

We recently hit a big resistance level at the ATH trend line from $20k. Initially the awesome Daily momentum was thought to be strong enough to keep pushing us to new highs into the Ichimoku cloud. Sadly a nasty looking doji was left on the Daily so a more bearish action is to come on a larger time frame. The 4 hour chart has some past weekly pivots that the...

Bonavest Updated 

I am not saying the bottom is in, but this is the bounce I had been waiting for and pulled a good run up so far with my previous idea (linked below). The next extension does have one resistance point at the ATH Trend line (cyan dashed line) which has held up once before. If we have enough momentum to continue past that even with a small pull back we should be able...

05:45

Bonavest Updated 

In this Video Chart I just wanted to introduce new traders to another shiny tool they can add to their toolbox. I think for even the smaller time frame traders, looking at trend direction on the higher time frames like the daily is important to give bias to your positions. Because Renko bars are based on price and not on time this helps clear up all the noise of...

Bonavest Updated 

Been waiting patiently for almost 2 weeks waiting to see some sort of a bounce or Bull Trap. I think this is the time and it won't take us out of the woods, but any pull back should make a higher low. Get BULLish for a week or two...

Bonavest Updated 

I believe we won't be seeing a major shot in the arm to burst back to $20k, but I do think after a few months we will be primed and ready and the whales will have accumulated all they need for the next push to $35k-$50k.

Bonavest Updated 

My last idea (link below) did pretty well so I applied the same patterns and cycles to where we are now and looks like we can expect the next 30-40% pull back coming soon. Most of the cycles have been +120-200% followed by 30-40% pullbacks. Looking at the Weekly chart also show we could be seeing the 2nd of a 3 wave pattern which will see a very deep drop in...

Bonavest Updated 

I have been out of Bitcoin for a long time, but with such awesome gains I figured I need to finally play the long(term) game and not actually trade in and out of Bitcoin . So... Based on history BTC has always tapped the SuperTrend line or once making a new ATH -0.73% it will flip the SuperTrend and go below the 200 SMA . On this most recent push to $4000 we...

Bonavest

Just a quick trade after our run up from the bottom of the trend channel on the 4 hour chart for the last 10 days or so.

Bonavest Updated 

This is a very optimistic view of the NZD. This assumes the US Dollar continues its run down. I think the TP1 is much more probable in the coming weeks and at a little over +100 pips I am ok with that.

Bonavest

First stock pick that my Mother and I have picked out for her retirement account trading. She finds'em and I check their technicals on the charts.

Bonavest Updated 

Recently broke out of the 6 month long channel and with good news coming from NFP things look good for some UP action on UJ. Don't forget to check out my Texas @ Step RSI2 Indicator -

Bonavest Updated 

This is what I am seeing on UJ with USD ( DXY 0.07% ) getting primed for a turn around and another possible run to the UP side. As per my previous LONG idea (You-Jay All Day) we are still following the same uptrend as in April this year. The chart on the left was back in MAY, the one on the right is this past Friday. So I am tempting fate with seeing the market...

Bonavest Updated 

After seeing a SELL signal on the Daily after hitting a new high and ricocheting off of the SuperTrend at 112.09 I think we can expect a dip similar to the one experienced on February 15.

Bonavest Updated 

I have switched from being BonaBear to BonaBully and looking for buying positions on UJ while we go up. Plenty of ENTRY signals as we move along the SuperTrend line. Don't forget to Follow/Favorite this idea to get updates to it.

Bonavest Updated 

If the mighty dollar stays tough then we should see a comeback to the lower trend channel or atleast come close to it. I will pay attention to the Fib Time Zone (orange box) for any market price reversals.

Bonavest Updated 

The last two weeks AUDNZD has been ranging sideways between 1.0430 and 1.0510. Recent news in AUD and NZD caused a jump in price last week which quickly returned back down to make a new higher low. This has me thinking this could be time to slowly start moving on up.

Bonavest Updated 

Coming to some year long resistance lines and a recent lower high on price action leads me to believe we are looking at a possible reversal. Meanwhile am taking a position to SHORT recent highs. SHORT @ 0.7277 STOP @ 0.7301 TP @ 0.7234

Bonavest Updated 

I like using some Fib Time Lines for Outlooks on currency pairs from weeks to months out. It is scary how they sometimes hit perfectly on time. Currently I am in a SHORT, but my TP is at 108.50 and then we can see if this outlook will end up playing out during the rest of the month.