EuroMotif

EuroMotif Mod Updated 

Above are some thoughts about the retrace of bull run. There were a total of FOUR ''orders'' of wave 5's that ended around 9750. ''Orders'' as in larger and larger fractals of the 12345 impulse waves. The smallest order in question tried but failed. The next larger order seems to be holding for now. But for long term HODL'ers, a retrace to the Largest Order...

EuroMotif Mod Updated 

BTC has had a great bull run. Blew through a lot of technical ''ceilings''. Just knocked into Weekly R2 pivot. Usually the top for that week... usually..... But the Monthly M3 + Weekly R1 pair might need retesting. But that Monthly R2 at 10.2k is looking very juicy, filled with tasty short stops. Let see how this goes, am not that confident since pullbacks seem...

EuroMotif Mod

This trade plan is based purely on Technicals, not considering Fundamentals at this time. Looks like UJ is just about to complete a wave 5. I expect 108.00 to be strong resistance, and should end impulse wave up. But they might run stops above 108.00, so have second target to watch. Will be watching closely as each red zone is approached, for sings of pullback...

EuroMotif Mod

Following Fibs and EW. Oil -0.31% looks to have pulled back a bit and might climb again. CAD value dependent on oil -0.31% price so might increase in value.

EuroMotif Mod Updated 

EW count have been paving the way. If the UC downtrend continues, then 1.18 might be in the cards. Will update with any modifications to the EW count

EuroMotif Mod

This is my third installment about Pivot Points. This Chapter is a simple discussion of estimating UPCOMING Pivots. The math is based on the ''Traditional'' Pivot calculation method. This process would apply to other Pivot styles as well. I have not found any existing Script/Indicator that looks to Next Period. So I am learning Pine Script to program my own...

EuroMotif Mod Updated 

EUR/USD finished a well defined 12345 impulse. Looks to be topping in Wyckoff Distribution style. Should result in a markdown, perhaps to 1.18 by end of May

EuroMotif Mod

Admittedly a Technical guesstimate only, not really considering fundamentals. NZD looks to be on a well defined impulse wave up. All of the fibs are lining up as they should. Perhaps a bit TOO clean (suspicious) but lets see how it plays out.

EuroMotif Mod

Technical Analysis: All Elliot Waves are following Fibonacci rations perfectly! Has been in downtrend for quote a while now, no signs of reversal yet. Fundamental Analysis: Even if Fed hiking rates, the USD is not garnering capital. (perhaps the rate hikes were not only priced in but overpriced into market?) Trump does not necessarily want a strong USD. My big...

EuroMotif Mod

BTC at a critical point in terms of level of bullishness. Just hit the Monthly Central Pivot. New week and new Weekly Pivots coming. Trying to evaluate if wave iii has ended and wave V yet to come, or if wave V has ended and we start a more serious ABC correction. Should know soon enough....

EuroMotif Mod Updated 

This is a follow up to my previous Idea. Please see that one first if you have not yet done so: Chapter 2: ''Mid'' Pivots or Mid Points. Math: Simply 1/2 of the two Main Pivots nearby. Order: M-1 is halfway between Support2 and Support1. M-2 is halfway between Support1 and Central Pivot and thus M-3 and M-4 are above Central Pivot, counting UP. Not...

EuroMotif Mod

This is an update to my previous idea below. Some of my previous EW counts are invalid now. And I overlooked an important clue by Dr. Fibonacci. My previous plan: My new count still points in same direction and similar magnitude. Targets a little lower now, given new signs of bear, and lack of bounce at 618.

EuroMotif Mod Updated 

Please see notes on Chart. The downward pressure seems to be fading a bit. Short term EW count looks like minor wave 3 down is starting. If drops with some speed, it will confirm w3-like behavior. Target is near double with Feb. 6th around $5,800. I am not expecting a ''turn'', but a significant bounce. If it does it 5,800 again, then after a bounce it will...

EuroMotif Mod Updated 

Technical Wise: BTC may have found a temporary bottom. Impulse wave up following Fibs perfectly. If this impulse break 8k, the bull sentiment will be very strong. Fundamentals Wise: I believe the end March sell off was funds sell at a loss for a Q1 ''write-off''. This selling was evident in the Stock markets as well. Now in Q2, I think some of that money is...

EuroMotif Mod Updated 

How I use the free Pivot Points indicator. There is a lot of be said about "Pivots" and a lot of people mean different things with that word. What I am showing is the ''Old-School'' definition of that term. Pivots are as simple as this: (H+L+C)/3 of the previous period = Center Pivot (P) in current period. The the 'Support' (Sx) and 'Resistance' (Rx) pivots...

EuroMotif Mod Updated 

This is an update to my last plan: Today's news to effect Market Sentiment: 1) US Congress Hearing on Crypto/ICO's on March 14th was neither bullish nor bearish. Mostly industry insiders educating the politicians. 2) Google bans all Crypto Ads, joining FaceBook. That's to all the scam ICO's, websites are getting weary of any advertising at all. 3) Equity...

EuroMotif Mod Updated 

I am NOT and Elliot Wave expert. Just wanted to put this out as my first ''Educational'' Idea. Will update with further thoughts after posting.

EuroMotif Mod Updated 

Please excuse the messy EW tags (they were drawn on 15m, and I did not have the patience to change the ''Visibility'' of the minor ones). Thus far, BTC has been showing near perfect Fib and EW moves. If it bounces from the marked zone, then we might be starting a massive wave 3 up, perhaps to push the ATH, or at least 17k. Lets see how it plays out.