MrBigTexx

MrBigTexx Updated 

I have reinstated my idea on GBPUSD with some minor changes. The structure is more clear now and slightly different than before. We can better define this complex correction and find good accurate entries and exits. Wave (1) in Blue of Cycle degree completed late last year and since then we have begun a complex corrective sequence to the bearish side. This...

MrBigTexx Updated 

Looking to take a tight risk here. Good RR and should play through the rest of the week. The EURO is looking to gain some short term weakness against JPY but this slide should be brief. Probably a week or two at most. Then we will resume our bullish sequence into the third impulse wave of the Cycle degree wave 5. This will eventually lead to all the YEN pairs...

MrBigTexx Updated 

A move here on GJ to the upside to complete an internal 5 wave sequence of a larger degree 3rd wave bullish impulse. Finding support with confluence of the equal legs of the complex and simple corrections. Will be entering at the 1.236 of the complex equal legs near the 1.0 of the simple equal legs. Bullish short term sequence and with news coming out for JPY...

MrBigTexx Updated 

This trade is already active. Daily analysis: Eth did not complete its downward cycle from the highs like BTC and LTC have. ETH is showing an incomplete bearish sequence and should find continuation lower. We are targeting my box in the 500's range. We have completed a nice corrective sequence up and now the separation from the recent high last month is becoming...

MrBigTexx Updated 

The dollar should continue to weaken on the daily to our lower target this year of 92. This will allow GU to rise and make our 3rd wave of the bullish motive wave. Until we find support at the equal legs extension zone from the top of our first wave we cannot get bullish. Our complex correction should be finalizing in the next few days and support found in my...

MrBigTexx Updated 

Oil Short on Spot Looking at oil continuing its decline along side of USDX in the mid to long term. This trade is set up to be very long term. Not for leveraged traders. Oil will continue its correction from the September highs. This cycle will complete in the $50's or $40's. This decline directly coincides with my analysis of USDX reaching 90-92 by years end...

MrBigTexx

USDX should make a new low into the orange box zone. We could break the peak of Primary Cycle wave 1 and dip into a new territory. If we do then we confirm the wave count is off and we have made a wave 5 already in the primary degree and looking to make an abc correction considering we are completing A of intermediate cycle about to rally in B wave. This ABC...

MrBigTexx

lets try to short the extreme of the ABC here. we should ultimately fail around 3920 and resume our decline to sub 2k. should be a wonderful short to catch on the big run down

MrBigTexx

Shorting BTC at the equal leg extension area and taking profits at new extension zone around 15k. Do your own analysis. NOT TRADING ADVICE

MrBigTexx

Here we see the play to the downside within a double correction and making our smaller correction here to complete yellow B and resume further downside in yellow C. The impulse should begin within C once we reach the equal leg area defined by the red box just below the invalidation level. We are looking at shorting this box and taking nice profits in the range of...

MrBigTexx

New wave counts and revised correction wave. Looking to either hold the 1.0 or possibly make a run to the 1.236. Short term bullish until we either confirm our move above 55k into the parabolic 2.0 zone OR we reject hard and break down below 42,7. Thats my number for confirmation of downtrend which would be 50% of the C leg confirming we are done correcting and...

MrBigTexx

While the SPx is bullish on lower time frames overall we are in a neutral sequence. My thoughts are we are making an expanded flat in an XWY sequence of 7 or 11 swings to complete the pullback on wave II of our current bullish impulse wave. We are still making this long and drawn out correction and will continue to see deeper prices than we are now. My expectation...

MrBigTexx

Using the elliot wave principle method and the fibonacci sequence of each impulse i have derived a data set to compare the actual movement of bitcoin and my thoughts on its movement based on Principle. I have made the subwave 3's of each degree of wave as the extensions. I will move these as necessary depending if the subwave 3 or the subwave 5 is the extended...

MrBigTexx

just a theory. open to corrections. Using elliott wave theory i have derived a set of waves and fibbonaci sequences to help understand the direction of Bitcoin

MrBigTexx

General elliott wave movement with fibonacci in the back. Standard impulse movement to corrective wave theory. Just an idea not trading advice

MrBigTexx

This is NOT financial advice merely my own thoughts and speculation

MrBigTexx

if we dont break above 9200 the we will head down back to 7900 which is major support over a multi month period if we find support there then a run back up is possible keep an eye out