EuroMotif

EuroMotif Mod

I have been watching what looks to be a bottoming process for AU. It was recovering nicely, and paying attention to fibs perfectly. This plan is in followup to the my previously posted ''extreme bullish'' scenarios I still think AUD will gain in general. The FOMC rate decision was completely as expected, thus the spike that got erased. So I am pretty much...

EuroMotif Mod Updated 

UJ has been climbing relentlessly, but I think it is coming due for a pullback soon. I have three resistance zones identified in red, that I will be watching as approached.

EuroMotif Mod Updated 

Oil looks to be headed to $80 still, but I think it will need a pull back soon. I was originally thinking $80 by end of US summer (august) Of course a lot of jaw boning has happened since, with various parties trying to position their resources. But EW and Fibs still point to a wave 5 up coming.

EuroMotif Mod Updated 

LTC made a nice 5 wave impulse move, but ran smack dab into a fib cluster in the $63.50 area. I last went long in the 58.50-59.00 zone per my last trade plan: I then closed the position when it hit the 4.236 extension of wave (5) impulse (and 2.618 of entire wave). s3.amazonaws.com I am now looking to gauge the pullback for possible buy back prices.

EuroMotif Mod Updated 

Ether hit strong resistance in the 255 zone. I had been scalping ETH on the way up , including per this plan: Now expecting a more serious pullback for possible larger buy entries

EuroMotif Mod Updated 

Plot of possible AU trend change and bull run. The EW waves are hard to follow, but I am seeing a Green path and a Blue path, I II III IV V of each color. I think we are in wave III of one of those scenarios. I have a lower order 12345 of each color to play out the wave III of larger order. I am actually an AU bear, so will be looking for shorting...

EuroMotif Mod Updated 

Just quick plot to see how the EW and Fibs play out. Thus far the ABC retrace seems to be in play.

EuroMotif Mod Updated 

This seems unlikely given the spike we just had, but is certainly plausible. There is bullish sentiment in crypto, and XRP is a cheap 'major' coin. And of course, we all know it has its own bubble phases, about 2 a year. So maybe it is due for another bi-annual bubble, and this could be the start of it? Unlikely as it may seem, if it starts to behave in this...

EuroMotif Mod Updated 

I am disappointment to have missed the bigger picture in my last Published Idea for Ether. This is a much more comprehensive analysis of Elliot Waves and Fibs. I looks like a 5 wave Impulse completed, at exactly the 5.618 and 2.618 of previous two impulse waves. The bad news is that this whole move might have been just an ABC correction, meaning an impulse down...

EuroMotif Mod Updated 

Quick plot to see how the EW waves and Fibs play out. XRP clearly had a massive spike, but we all now how such massive moves end....

EuroMotif Mod Updated 

Just a quick graph to see how EW and Fibs play out. Looking for one more leg up, but that blue 3.618 fib will be tough to break, probably will need a recharge

EuroMotif Mod Updated 

Quick post to show near term resistance zones. This is a follow up to my longer term pathway to new ATH for the JPN225 , and then some And the previous follow up looking for wave 4 path

EuroMotif Mod Updated 

Looking to build a short GU short position. Red zones indicate resistance, Green zones Support. Ideally it will spike one more time to a red zone above. If not, then I will look for support to break and retest from below. In the bigger picture: We completed a 5 wave down move. We in an ABC correction, which might be done. Of course. political news and Brexit...

EuroMotif Mod Updated 

The Japanese stock market got a recent boost from Trump / Trade War developments. Japan is expected to work out a deal (and I think it will happen). The momentum in the Nikkei is very strong right now. I am expecting some profit taking soon, then continuation up. The only question in my mind is: WHICH path to new ATH (All Time High) will it take? Or maybe...

EuroMotif Mod Updated 

Just posting a quick 15min chart to see how the fibs and EW play out during expected retrace. I am still expecting a rather shallow wave 4 to then start wave 5, but lets see This is an update to my larger timeframe Idea posted here:

EuroMotif Mod

This is another update to my ''Megaphone'' pattern trade posted here: From that plan above, target 1 was reached and we are pulling back. But I am wondering if wave 5 is actually done yet or not. Wave 5's should have 5 sub wave structure. But I am not seeing one yet, so I am wondering we have one more leg up. This is NOT a good place to long unless there is...

EuroMotif Mod Updated 

I posted the UJ Megaphone pattern yesterday, wondering what might happen This is a follow up: It broke upwards today based on various economic news. Now it looks like a 5 wave impulse whose wave 3 pushed out of the pattern. So I am thinking of two possible paths to finish the 5 waves up.

EuroMotif Mod Updated 

EU bear here, but watching for a possible scalp long while waiting for a short ) Opps, just noticed my old shorts were still on the chart. Guess they make a reference for my bearish attitude, but please do not be confused. I am currently looking for a LONG, if the price follows the blue squiggle type of action.