EuroMotif

EuroMotif Mod Updated 

Assuming correction is NOT over, here are two quick possibilities I am watching for.

EuroMotif Mod Updated 

New Week = New Pivots. Last week the pivots played an important role, even during chaotic downturn. Last week started just below the new weekly pivot, rejected, and continued down. This week the price is starting a little below the new Weekly Central again. Bulls will expect price to at least come touch the Central Pivot sometime this week. Bears will expect the...

EuroMotif Mod Updated 

ETH has fared very well compared to its two brothers. But it needs to retrace bit to that bulls can jump back on board. $700 retest with a confident bounce should put us back on the uptrend train. This is critical zone for ETH. Holding the wave-4 parameters (bouncing from above wave 1) would give bulls confidence. If it falls much below 700, then bears will be...

EuroMotif Mod Updated 

Just throwing this out there to see what sticks, not trading

EuroMotif Mod Updated 

Looks like a blow off top, Stochs ready to turn down, pulled the trigger on a small position, might add later

EuroMotif Mod

Looking to short, waiting for signs of rejection around my red zone

EuroMotif Mod Updated 

Just triggered, based on hitting fib and pivot

EuroMotif Mod Updated 

My fibs say 8850 possible shortly. If so, then it should be end of down wave.

EuroMotif Mod Updated 

I am already in short for a longer term (for me) trade. This is sub-Plan, on possible bounce zones to watch to add to shorts. USD has been tearing it upwards, so the bounce may not come yet, and it might bounce much.

EuroMotif Mod Updated 

AU has fallen a loooooong way. But it might have a little bit more to go after what appears to be a wave 4 correction up. I am looking to go long eventually, at the end of the multiple wave 5's. So am looking for one more dip.

EuroMotif Mod Updated 

Watching for a USD/CAD long entry. Looking for roughly 1.27 or 1.28 signs of bounce. I think Oil continue to go up in price for a while. Canada econ seems to be doing OK. Dollar has had a run, might be time for a small pullback.

EuroMotif Mod

Have been long, looking to add more. Hoping for a pull back to ladder in some orders.

EuroMotif Mod Updated 

Just a quick scalp attempt with decent RR

EuroMotif Mod Updated 

Longer term possibilities. Showing two different 12345 impulses down. 1.16 looks quite achievable per Fibonacci extensions, and quite normal to retrace to around wave 4 of impulse up. 1.12 is plausible, if US FED keeps hiking and ECB keeps stalling. All in all, I think EURO is way overpriced and need a significant correction

EuroMotif Mod

Interesting that BTC started the week right at the Weekly Pivot. Currently looks to be rejected from Weekly Central. So need to observe the price action as the other pivots are approached/ == If you are not sure what ''Pivots'' are, check this Guide, which has 2 other chapters linked within:

EuroMotif Mod Updated 

That was an aggressive wave 3. Wave 4 now working itself out, consolidation. Wave 5 yet to come. The sell stops resting above 10k are too tempting for whales. If they can trip 10k with a little force, it will cascade to 10.4k pretty quickly. I strongly suspect (and hope) the US market on Friday will hit the trip wire.

EuroMotif Mod Updated 

Currently looking like we are in a wave 4. So thinking one more leg down.

EuroMotif Mod Updated 

Based on the slightly higher top than expected, I have adjusted my entry zones. LTC has been liking the 382 fibs, worth noting for future consideration.