CC_FX

CC_FX

Down to EMA 150 at least while DXY will go up for a couple of weeks

CC_FX Updated 

W43 Long on this pair. Impulse to the upside this week

CC_FX Updated 

Short DXY this week, Time for a push down then a push up

CC_FX

#EURJPY good risk reward short this week. Small short for now, bigger drop comes later

CC_FX

Not everything that Shines is gold I don't share the view of new ATH. on 3 months view Looks to me we are forming a broadening top pattern, if so a massive fall will happen to the price of gold within 1-2 years timeframe Long-term correlation to 10 year note is yet to adjust back.

CC_FX

Based on elliot wave theory we can expect a trend reversal. As per my analysis we have just reached the end of the 4th Wave, because as per EWT rules: 1- "Wave 4 is 14.6%, 23.6%, or 38.2% of wave 3 but no more than 50 % "- well 50% is slightly above current price 2- "Wave C is typically at least as large as wave A and often extends to 1.618 times wave A" -...

CC_FX

Few days prior to last quarter results, let's see how much the semiconductor shortage impacted sales and how much Bitcoin Tesla sold. Safe fall down to 500 USD

CC_FX Updated 

"SHOW ME THE GRAPHS...." Markets have a surprising way to move in a predictable way. Beginning of this month Yellen claimed that maybe the FED went to far and needed to tapper it, she knew / knows what is coming, regardless i see a change of direction in the horizon that will take the price down to 1.16 once it reaches 1.223-1.23. Probably the trigger will come...

CC_FX Updated 

Judging from my wave count we will all learn what a Real bull trap means soon. Divergencies and the volatility of this week are characteristic of a B Wave, people will get wreck thinking we are going towards new ATH. too much woohhh moment, many news about this pair it's also a representation of a bull trap. Don't get me wrong i'm seriously bullish long-term on...

CC_FX Updated 

What will trigger it i don't know, but it's going down. ETH just reached new ATH, days after bitcoin, like it did in 2018, then we all know what happened. From my analysis we are already in the correction that will take the price below 40 K for the last time in the next 2-years. then i see the beginning of wave 5 that will potentially take the price up to...

CC_FX Updated 

Simple ABC correction followed by 5 waves within the 5th Wave of this bull Run, I will take profits immediately after new ATH is reached. BCE meeting on thursday will give the spark to this new ATH, that i expect will be reached during the weekend. Narrative will be "digital Euro, blabala..." show me the graphs i will tell you the news.

CC_FX Updated 

Yesterday i was confident we have reached the end of an ABC correction so it would be time to go up, and therefore opened a long at 1968 usd. Fortunately it end up going up, nevertheless the volume is so small and the move end up not reaching new highs or overpassing previous candles lows, i fear we are due for a new correction, and closed the long. I will buy...

CC_FX Updated 

I expect the price to hit the 100 EMA at the 4-hour time-frame during this week

CC_FX Updated 

Down on 29/03, then up until 1.194 level

CC_FX Updated 

My algorithm tells me we will be fooled into this up and down movements.

CC_FX Updated 

From my TA I'm assuming we are in a normal ABC correction (inside the 4 Wave) that can take us back to 1100-1200 USD, if so we can expect a dump in the next days, C waves can be a little boring and it might take longer to reach the downwards target. If so we might get a good buying opportunity to go long up to new ATH (2500-2700 USD) Cheers

CC_FX

It's a simple ascending triangle, what could go wrong, right??!!! Lagarde has been so far "friendly" for Crypto, Will it be the same this time around? The way i see it, is that we are in an ABC correction, that topped at 55K, C wave starts with the "Retest", so in a few hours. Downwards target 36-42 K. Cheers Note: this is not financial advice, do your due...

CC_FX Updated 

Low Volume and the price goes up 5 %?? In a day where dollar index went up and it reaching a critical level, i wouldn't be surprised to see a heavy move up in this index tomorrow and consequently a sell off in crypto. All currencies have shown some weakness against the almighty dollar these last days, final breath before grave?! We shall see, I'm out of crypto...