OleksandrSnitko

OleksandrSnitko Updated  Feb 2, 2018

Hi Here is my BTCUSD wave analysis. Looks like BTC is performing a big (A)-(B)-(C) correction pattern. Now btc forms bearish wave (C), which should have a 1-2-3-4-5 structure. wave 2 is expected to form a-b-c pattern and reach next targets: 12395, 13892 and 16315. (fibo extensions of blue wave a) After that big fall should unfold. sooner or later. Target 1734 $...

OleksandrSnitko Updated  Apr 30, 2017

2 feb - 3 mar bear/sideways market looks like ABC correction. (C)=(A) I expect 2 waves up in m-term before l-term bear market unfolds. m-term buy targets: 1.31 and 1.38. s-term buy targets: 1.2656, 1.2928 and 1.3369 GBP long term sell opportunity will occur in future (maybe in late May). close look at expected price action on Monday.

OleksandrSnitko Updated  Apr 25, 2017

wave 4 is abc c is (1)(2)(3)(4)(5) looks like wave (3) is formed and wave (4) is forming wave (3) is 61.8% of wave (1) there is still a chance wave 4 to be a triangle, which is almost formed. but it also might be a flat if it is a triangle it might be a minor correction inside extended wave (3) anyway I expect al least one more big move down, which should show...

OleksandrSnitko Updated  Apr 13, 2017

abc zigzag pattern was formed. it corrected 109.84-108.73 impulse.

OleksandrSnitko Updated  Apr 12, 2017

I have some arguments to iditify trend revesal in usdjpy. wave C(yellow) formed a complete 5 wave structure. rsi shows a divergence between 3rd and 5th waves. so, expected ABC correction might be finished. recent move up has no divergence between its tops. yes, it broke trendline, but it means nothing. in case of divergence absence abc (blue) should...

OleksandrSnitko Updated  Apr 10, 2017

triangle pattern was broken

OleksandrSnitko Updated  Apr 10, 2017

possible wave structure look for divergence!

OleksandrSnitko Updated  Mar 29, 2017

watch a flag breakout s-term sell targets on the chart. m-term sell targets: warning: this down move might be a minor part of a more complex correction, than current abc. trade with care according to your strategy!

OleksandrSnitko Updated  Mar 27, 2017

gold formed 5 wave structure. wave 5 = 161.8% * wave 1 trendline was broken, so correction is expected. there is also divergence on H1. watch it! gold should be corrected at least to 1131.13. trade according to your strategy! good luck!

OleksandrSnitko Updated  Mar 14, 2017

trendline of wave A(green) was broken. there were divergence on H1. it made and broke 2 more flags. green wave A should be corrected. (at least to 1221) buy target, based on recent price action, is 1226. look for entry point according to your strategy. next flag, etc.. good luck!

OleksandrSnitko Updated  Mar 8, 2017

ABC correction (wave 4) sell targets: 113.41 and 112.96 watch breakout for confirmation.

OleksandrSnitko Mar 5, 2017

ABC correction. wave B is triangle. wave e is abc, where c=a. watch breakout! m-term buy targets are: 153.66 and 162.69

OleksandrSnitko Updated  Feb 21, 2017

wave A or 1 looks like formed. if it's true that should be corrected now, so wave B or 2 unfolds. buy targets are undetermined by now. if it's wave B, it may exceed 15feb top(114.95) after wave B or 2 is formed, there should be a good SELL opportunity.

OleksandrSnitko Updated  Feb 19, 2017

A big corrective structure is expected. (A)-(B)-(C) may2016-jan2017 bear market should be corrected. Wave (A) looks like formed. Wave (B) is forming. when it is done, good BUY opportunity is expected. When wave (C) is done, major BEAR market is expected. This (A)-(B)-(C) pattern is expected to be comleted in june - september 2017. Possible eurusd wave (C) target...

OleksandrSnitko Updated  Feb 17, 2017

sell targets:112.82 and 112.4

OleksandrSnitko Updated  Feb 10, 2017

My previous gold sell idea was about bearish wave 4(yellow). and it was nicely done. Now predicted wave 5(yellow) seems to be finished. 1st target(1221.3 - 100% of wave1) is reached. Wave 5 is clear 1-2-3-4-5 (green) structure. In my view, currect bull market corrects bear market. Anyway it should be (A)-(B)-(C) upward move. Wave (A) 1-2-3-4-5(yellow) seems to...

OleksandrSnitko Updated  Feb 9, 2017

1st major SELL target is reached - 111.56 (actual price was 111.59) - 38.2% retracement of wave 3(yellow) and 61.8% of wave (1); My analysis tells that entire correction (bear market) may be already done at 38.2% retracement of 27sep-15dec bull market. bear market (wave 4) = 61.8% of bull market (wave 3) in time. (yellow) wave(4) = 38.2% of wave(2) in time....

OleksandrSnitko Updated  Feb 6, 2017

Looks like pound comleted a big corrective structure. (wave 4 red) It means, that buy targets may be already reached. and it's time to look for SELL opportunities! 1.2683 is 61.8% of wave A(yellow), possible end of final wave C(yellow). Now wave C (1-2-3-4-5) structure is close to be broken. Here is close look. this breakout should confirm the begining of a...