KristianStefanov

KristianStefanov

HI! Has anyone investigated the correlation between GOLD and SILVER and how it could be exploited? I'd like to start a discussion here? The chart is self-explanatory. The indicator down is just the price of gold and silver adjusted to be in the same scale. It follows the %change from the very first point(candle)...

KristianStefanov

That is my view for BITCOIN USD. I think the fast dive should start in next 2-9 months and when it statrs to fall it would fall very fast. 10 000 is going to be a psychological barier too, if reached!

KristianStefanov Updated 

In case this EndingDiagonal really completes around levle of 2316-17 I would be looking to SELL! If i'm wrong, obviously i would not be in open SELL

KristianStefanov Updated 

I would be taking the risk to go short half-blind. In case tomorrow SILVER is not going abouve today's high i will SELL! Small volume 0.01 LOT

KristianStefanov Updated 

Since 5-6 weeks I became a great fan of Elliott Waves theory. However i'm pritty new in this. So I would appreciate ctiticism. ctiticism. Here is a complex corrective structure ABC - connection to X and Elliot descending triangle corrective pattern. If I am right about that there is next IMPULSE in development. IF the current move breaks the triangle and goes...

KristianStefanov Updated 

I believe there should be some retracement of the current down move and i will try to catch it. It is a hazzardous trade. Have my BUY Limit @ 1.3025 100 pips TP 50 pips SL

KristianStefanov Updated 

Rather baffelling situation here - to me! Is it that huge ABC correction or there would be something more complex one ? Or we are already in a new I --II --III--IV--V? If ABC there is a long wait and long term shoot BUY at 0.618FIB approximately. Also if this week price heads south may be there is a possibility for a good ride down on wave C. If any of the...

KristianStefanov Updated 

As far as reasoning here is right there is an option to tripple your account only with this pair for next 2 years. The wave (I)(II)( III)(IV)(V) is just entering the impulse state at ( III). I'm not into divergencies , but here on MACD and RSI monthly is how i justify that this wave (I) is part of (I)(II)( III)(IV)(V) impulse. Additionally the move marked with...

KristianStefanov Updated 

I became a great fan of Elliott Waves theory. However i'm pritty new in this. So I would appreciate ctiticism. For the IMPULSE wave to be valid, wave III must go at least 5-10 pips avoube 1.15level(yellow line) or lower. Therefore a sell setup on daily or 4H could be used as an confirmation for entering SELL position. See more in comment below!!

KristianStefanov Updated 

Since 5-6 weeks I became a great fan of Elliott Waves theory. However i'm pritty new in this. So I would appreciate ctiticism. This is an absolute Elliot's Wave classic IMPULSE with classic ABC correction. I believe there would be one more up to about FIB 0.618 before the corrective wave c is in action. SELL after price is denied from the zone 1.3869 - 1.3700....

KristianStefanov Updated 

Since 5-6 weeks I became a great fan of Elliott Waves theory. However i'm pritty new in this. So I would appreciate ctiticism. Roman digits denote the biggest impulse pattern i've identified( i do not claim i've used the right degree here) The expected end of wave Vth around 2400 is borrowed by AnilMangal. However we nver know whether the Vth wave is not...