EuroMotif

EuroMotif Mod Updated 

XMRBTC is at an interesting price, for anybody watching Pivot Points. That term ''Pivot'' is used to describe many different things by different people. BUT there is only ONE true ''Pivot Point'', per each period. The above chart is showing Weekly (green) and Monthly (brown) pivots. See my three chapter Guide to Pivot Points: one of TV's greatest free tools'' below:

EuroMotif Mod Updated 

Quick plot to lay out the possible path for one more dip that might be about to start I am actually BULLISH on Ether but trying to keep neutral in analysis. Bulls need to get above 154 quickly to invalidate this scenario. The leg down was a 5 wave impulse, which is what a wave (A) should be. We might now be in a wave (B) which should be a 3-wave structure. If we...

EuroMotif Mod Updated 

Nice bounce in all Crypto assets! The move appears to have some momentum. Each of the Dark Green Fib lines are 1.618x the previous. This a followup to my bottom call at 3600: . . Background : This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not. First I saw 3618 on CoinBase as important which...

EuroMotif Mod

Crazy week for the Yen, but the Japanese stock index held within range. Crurently looks like a wave (4) in progress, looking for wave (5) to start. The 5 wave impulse would complete leg C of the correction. If it falls through the 18,500 zone, then it could be quick trip to next zone below. If it does fall through the first support, I will analyze that move and...

EuroMotif Mod Updated 

ETH hit my targets for last long entries and even went to the ''bonus'' area. Now it looks like a correction is starting. If so, it should decline pretty soon here. Of course, it is very bullish right now and may just keep going up until the Constantinople fork. New higher high would invalidate this plan. Background : My ETH journey started a Fib observation...

EuroMotif Mod

UJ has been dropping hard with the stock markets and with gold rising. And I think it has a little more running room, but should boucne a bit here. . Background : This UJ story starts in early October 2018, with my search for the mythical ''top'' As the downtrend progressed, I started looking for a ''final leg'' down For a while it seemed we had found a...

EuroMotif Mod Updated 

ETH and all other crypto's look to have one more leg down before possible uptrend resumption. The rejection was quite strong, and the price retraced to the .618. Thus an AB=CD retrace would put the end of C at the -.382 extension. There is a support zone in 125-126 area, and 125 is a psychological round number. If bulls can hold 125 then it would be a great...

EuroMotif Mod Updated 

Nice bounce in Cryptoland, and ETH was in the lead. See my previous analysis below which called the bottom at 113-114. Now I am thinking we should test the 150 zone again. Above chart is an interesting Fib study: Each green extension is 1.618x the previous line. That is of course the Golden Ratio of growth. Will it grow by another leap? Looks plausible!...

EuroMotif Mod Updated 

This is an update to my ongoing analysis of the S&P 500 index outlined below. I was last expecting a bounce, and wow we got one heck of a bounce allright. The move resembles a classic wave 3, which I think is near complete. So now we should see a wave 4 pullback and then a wave 5 to complete the bounce. After this 5 wave bounce, I think we will consolidate...

EuroMotif Mod Updated 

Looks like one more small leg down before retrace can come to an end. . . Background : This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not. First I saw 3618 on CoinBase as important which had been on my charts for over 6 months: Getting closer, I started to see a bigger picture of a 4 wave impulse...

EuroMotif Mod Updated 

This is an update to my larger timeframe trade Idea I think we have completed wave 3 up, and are now looking for the requisite ABC to form wave 4 down. I see three zones of importance, where wave 4 should end and waver 5 up should begin. If price falls to the red zone, then Oil is nowhere neaar as bullish as the bounce would lead you to believe. It is currently...

EuroMotif Mod Updated 

Quick short term plot to evaluate the retrace from drop, tying to get the BIG drop down. The first push down was a perfect 12345, to make wave 1 in theory. Now looking for an ABC to make wave 2 back up. Then trying to catch wave 3 down for what might be a big drop. It is actually possible that wave 2 is done already and wave 3 is starting, which would be proven...

EuroMotif Mod Updated 

WTI got a nice bounce along with Stocks. This bounce shows a pretty clear Impulse type behavior (12345). Looks like wave 3 has completed and wave 4 retrace to start. I see two possible wave 4 end points, which lead to 2 possible wave 5 tops. As this bounce develops, I hope to get more clues about future prices for 2019.

EuroMotif Mod Updated 

Quick plot to watch upcoming resistance zones for Gold. Obviously the risk sentiment (and thus stock markets) will have a lot to do with this asset. I am expecing a ''Dead Cat'' bounce in the Stock markets very soon, and thus a dip in Gold. I do expect the equity markets to go lower after the bounce, and that is when Gold should reach the higher target. OR...

EuroMotif Mod Updated 

This is a follow up to my short play posted last week Looks like a prefect 12345 impulse has completed. There should be a retrace now, and looks to be underway. Pullbacks to support zones could be long entries. BUT consider the Holiday week, and US banks are closed on Monday and Tuesday. So I am NOT taking any trades here. I DID close my shorts and wait until...

EuroMotif Mod

This is continuation of my SP500 study. The downtrend continues, and looks to have made a wave 3 down. I think wave 3 is just about done, so we should see a bit of a bounce soon. But I am thinking the bounce will be a bull trap (wave 4) and then resume downard momentum. Given the Holidays and Year End rebalancing, there might be some wild moves for next couple...

EuroMotif Mod Updated 

Quick short term outook with support zones worth watching. This is a follow up to my expected top (which was surpassed by a blow off top and thus the large retrace)

EuroMotif Mod

BTC pulled back pretty fast and hard from the exepcted top around 4200. Now it looks like we might be either done with correction, or close. The ABC I have is rather sketchy, it could just be 'A' thus far and then B and C yet to come. But mostly I wanted post the Support and Resistance zones I see.