JanKoristka

JanKoristka Updated 

Hello traders ! As you can see,price is stucked in a bullish triangle. We can see a lot of buying pressure so I am looking for opportunities to buy this instrument. Also 200 SMA and resistance level rejection is possible to spot on this chart. Also MACD and RSI are telling us oversold zones.

JanKoristka

We have nice flag pattern here and also doji + confirmation candle on 0.618 fibonacci retracement. From a wave theory you can see possible AB=CD formation. We are also at support level,which seems to me already rejected.

JanKoristka

Hello traders ! As you can see,price is in a long-term upward move. Now we have some sellers in action which has formed a rising wedge pattern. If my prediction is correct,then we could see also a double top formed on H1 timeframe. I expect price to fall to its nearest support level,which is also in a combination with 0.50 fibonacci level. Also RSI shows some...

JanKoristka

Hello traders ! As you can see,price is rising in a bullish trendline channel. From a technical view I would recommend to wait for a price to retrace to our 0.50 fibonacci level,which nicely fits with a support level and trendline. As we can see,last time when price did the same move,it has shooted up. From a fundamental perspective,when WMT announced a free...

JanKoristka

Hello Traders ! As you can see in the title,we can face 850 pips long opportunity. HOW ?? We are in an uptrend,price made AB wave,a little correction and now we should expect CD completion. So in the end there is more than possible to see AB=CD pattern. We can also see all 5 waves of the Elliot Wave Theory being done. Our CD wave nicely fits with a monthly...

JanKoristka

Hello traders ! Today we are going to analyse NZDUSD pair. As you can see in a chart,our overall bias are BEARISH but what can you see on 4H timeframe ? We can see nice "Rising Wedge" pattern and also the Elliot Wave Theory. Price has already made its 5th wave and now we should expect ABC correction. I expect this correction reach our support level which is still...

JanKoristka

Hello traders ! As you can see,price has already broke and retested a bearish trendline channel. Now we are in a bullish uptrend. Price has also rejected its support level so I expect move to the resistance level. Thank you for reading 👍

JanKoristka

Hello trader ! As you can see,price has made a bat harmonic pattern. We are now at a resistance level and I expect a rejection. After elections we are in "RISK ON" scenario. That means,that safe heavens like JPY and CHF are going to decrease on their value but commodity currencies like AUD,NZD and CAD are going to increase on their value. In this case we have two...

JanKoristka

Hello traders ! As you can see,price has made a Rising Wedge pattern. Price has already rejected weekly rsistance level and is heading downwrads. I expect price to reach our 0.618 fibonacci level which nicely fits with a 200 SMA. You can also see a divergence on my RSI (10) indicator. My long-term opinion is a target somewhere around $500 price. But before that...

JanKoristka

Hello traders ! We can see a nice rejection of 0.618 fibonacci level and possible double bottom pattern. I expect price to rise to -0.272 fibonacci extension level. WHY ? Because based on the Elliot Wave Theory we need the last wave there before A-B-C correction. We are also in a rising trendline channel so we are looking only for buy opportunities. Also AB=CD...

JanKoristka

Hello traders ! We can see that price rejected 0.786 fibonacci level which nicely fits with a support trendline. I expect price to rise to -0.272 fibonacci extension level which also fits - this time - with a weekly resistance level. It’s farther then support trendline so I expect a fakeout there. You can also see the Elliot Wave Theory. We have 4 wave completed...

JanKoristka

As we can see, price already rejected its resistance level and is heading down. Its support level is a very strong level because it has been retested many times in the past. Also 0.5 fibonacci level fits with this support.

JanKoristka

This week price has rejected its resistance level (also 0.5 fibonacci level) with a trendline and now is heading downwards. We have two possible scenarios here. 1) Price will reject its support level and will rise. 2) Price will break through its support level and will hit -0.272 fibonacci extension level. I’d rather see the second scenario.

JanKoristka

Hello traders,welcome back to my analysis ! As you can see,price of gold was rising last week but what is happening right now ? Well,in my opinion I expect move to the downside because H4 Elliot Wave Theory (1-2-3-4-5-A-B-C) is already done. But from a daily perspective we need one more wave to complete this EWT on the daily timeframe. You can also see that price...

JanKoristka

Hello traders ! I am going to show you my bias on NASDAQ100. We can see,that our support level perfectly fits with a 0.618 fibonacci level so I expect price to move at this zone before another bullish pressure. After this retrace I am gonna place Long position with possible TP on -0.272 fibonacci level which fits with a resistancce level. Thank you for reading this 👌

JanKoristka

Hello traders ! I was looking at chart and found something really interesting. Based on Elliot Wave Theory we can see,that price made its last wave and now we should expect move to the upside and A-B-C correction. I hope this analysis will help you. Thank you for reading this 👌

JanKoristka

Hello traders ! I am going to show you my bias on US30 index. Last week gave us a huge sell opportunity. This move nicely retraced to 0.618 fibonacci level and then priced pushed to the upside. We are still in a bullish trend line channel and price is making AB=CD pattern. I expect price to retrace to our support trendline once again (combined with 0.5 fibonacci...

JanKoristka

Hello,traders ! I am going to show you my bias on this index. S&P500 is in a long-term uptrend so we should definitely look for a buy positions. Price has made Head and Shoulder pattern which isn’t confirmed yet. We put a fibonacci there and we can see,that 0.618 fibonacci level (golden ratio) nicely fits with a H&S pattern’s neckline and also with a support...