Timgucci

Timgucci

BITCOIN seems to be completing its 4th wave on the daily timeframe. We can clearly see a 5 - 3 - 5 corrective wave pattern with price currently correcting wave C of (4) and is also in a daily descending channel. It will be wiser to wait for first impulse (wave 1 of (5)) before considering BTC buys. In the link below is the forecast shared when BTCUSD started...

Timgucci

US100 has hit my expected first target level at 1.618 (14784), down almost 10,000 points from last forecast and has now approached the support zone. We could expect some price consolidation in this zone. I am now closely watching the price action to lookout for potential reversals or continued break to the downside. Please check initial forecast below. Goodluck trading.

Timgucci

US100 has broken out from its daily ascending bull channel in what we can expect to be a short term correction. Also, price has broken through the previous support and is now heading to the new support level, we can expect reversals around 14,500 to 14,300. I will continue to monitor price action to give an update on the validity of my bias. Good luck trading.

Timgucci

First Quantum Minerals shows an interesting long term chart pattern. On lower timeframes, FM completed its corrective wave (2) at 50% of the fib retracement and price has broken the terminus of wave (1). This provides confirmation that an impulsive wave (3) in now occurring and we could expect the next target levels. 1. CAD$ 58/share 2. CAD$ 74.45 Disclaimer:...

Timgucci

On the monthly timeframe, the Dollar index completed its fourth correction in the previous quarter with a clear flat ABC correction at 50% of wave (iii) and price made a perfect rebound from the ascending support. We could potentially expect a further upside to 2.618 ($120.394.) of the Fib retracement or around 2.0 ($108.684), the area where the ascending...

Timgucci

In very simple terms, I can see FQM stock price going to my second target levels around 61.8%, we could potentially see the stock price trade around CAD$16.32/share in the next few weeks. On the daily timeframe, price has been trading below the 100 SMA and we could see a continued bearish trend to complete the corrective phase. Please refer to initial correction...

Timgucci

I will be taking long positions on CADJPY and take profit around 89.9.

Timgucci

NZDUSD has rejected the .618 - .786 fib level and I will be considering shorts to around 0.6828. Setup has a decent RRR, good luck trading.

Timgucci

USDCAD seems to have rejected the .50 fib level perfectly and we can assume a complete correction. My bias is short on USDCAD and I think its possible to expect some downside to 1.618 fib level.

Timgucci

Here is my short idea of EURCAD. It is possible to expect some further downside on EURCAD with a strong Crude.

Timgucci

Short setup of EURAUD with a RRR of 5.33 All ideas shared here are my own ideas, please make sure to do your own analysis before entering any trade.

Timgucci

As expected, the S&P500 plunged at the end of wave 5 and broke out of the ascending bull channel on the 4H timeframe. Original link has been attached below.

Timgucci

I think we could see NASDAQ100 drop about 3,000 points.

Timgucci

As clearly seen, Twitter is still in an ascending bull channel with price currently correcting to the fourth wave on the weekly time frame. I will be looking for more buys at end of wave C and make entries around .382 of wave 3 then take profits at 2.618 ($102.8) Fib level.

Timgucci

Here, I make my FQM stock chart available. The impulsive wave on FQM has come to an end, we can expect price to make a corrective wave structure as indicated by the arrows and highlighted zones.

Timgucci

BITCOIN is currently correcting its wave A of (4). Price is currently heading for completion of wave (5) in A and this is the level at which price will mark a complete retest out of the broken channel in which it initially was over the years. I think it is better to wait for a complete correction and break out from the descending channel to A before going...

Timgucci

We can now see a clear break out from the corrective channel on AUDUSD 4H timeframe. Here, AUDUSD can be expected to continue giving short opportunities. I highly recommend you to review my other ideas in the links below. Please do leave a like or comment to show support and follow for more updates. Good luck trading.

Timgucci

AUDCAD is currently running in profit zone and SL can now be trailed to entry level. I expect price to continue being bearish to at least 0.92601. Good luck trading.