Trader-Elisa

Trader-Elisa

Apologies I violated rules so this got hidden before probably many had a chance to see it! Video from yesterday didn't upload correctly where I explained the reasoning, comparing the reversal patterns from Jan 2018 and July 2019, particularly the latter have a lot of similarities. I assume you can scroll left in this chart to view. Plan is playing out nicely so...

Trader-Elisa

#ETH #UPDATE - As before, looks stronger than BTC, making more pronounced HLs, respecting trend, and has now formed into a symmetrical triangle. An inside bar failure pattern on the 4h suggests we should at least test a bit lower at 174.20. However an equivalent on the daily a few days ago would suggest we test 181.85. (Although I haven't backtested reliability...

Trader-Elisa

#BTC #UPDATE - Yesterday's update played out nicely, with a retest at 8022. Respecting levels well, price rebounded with another inverse V to 8200 at the lows of the wave 3 impulse then ended up back at wave 3 range lows. While we have now made a HL, this is our 3rd tap on the level with decreasing bounce volume therefore there is increasing likelihood of it...

Trader-Elisa

#GBPUSD - possible 4h SFP when candles close. Look for entry on lower timeframe.

Trader-Elisa Updated 

Possible range trade. Target mid range for now.

Trader-Elisa

Looking for rejection or rebreak of structure.

Trader-Elisa

#EURUSD - Thinking there is a lot of liquidity here which fx people seem to like... Waiting for clear reversal though because WTFDIK! Could come down closer to pink line first for a more solid retest. USD Prelim GDP news in 2 hours.

Trader-Elisa

#USDCAD - Coming towards the apex of resistance and trendline. There is news in approx. 8 hours time wich may be a catalyst for a break out. I am currently long to resistance and/or will hold depending on price action. You can long a breakout or short a breakdown of trend (being conscious of fake outs).

Trader-Elisa Updated 

Had a few telegram updates since my last one on here - posted below... Wednesday #ETH #UPDATE - Couldn't hold $207 for the third time in the face of further decline on BTC, however is still amazingly holding above yesterday's low. If we can't hold a decent up move in the next 12 hours or so here we will be looking at a short back to the 190s and possibly back...

Trader-Elisa

More updates from earlier: Wednesday: #BTC #UPDATE - Well the brief try to hold the black channel failed, 11k had a minor reaction but not much and we have dropped back into the lower range blue channel. Interestingly stopped right now at my lowest arrow for missed retests. Right between the pattern targets with the main thing holding us here likely to be the...

Trader-Elisa Updated 

#ETH #UPDATE - Couldn't hold $207 for the third time in the face of further decline on BTC, however is still amazingly holding above yesterday's low. If we can't hold a decent up move in the next 12 hours or so here we will be looking at a short back to the 190s and possibly back down to the now ancient level I have at $176.50.

Trader-Elisa Updated 

Possible Wolfe Wave setup if we can break the pink level.

Trader-Elisa

#BTC #UPDATE - Well the brief try to hold the black channel failed, 11k had a minor reaction but not much and we have dropped back into the lower range blue channel. Interestingly stopped right now at my lowest arrow for missed retests. Right between the pattern targets with the main thing holding us here likely to be the 61.8% fib. We are starting to make a...

Trader-Elisa

#BTC #UPDATE - Hadn't done an update on this for a couple of days because frankly, ranging, no pattern, weak and boring! Higher lows off wicks was good, coupled with a perfect retest of the arrow I had at 11070, but this has died off and it appears a fairly even battle at this level between sellers and buyers with little volume. Interesting observation - I just...

Trader-Elisa

#ADA- The last post was a great trade. Anyone who entered on break of trend could have got up to 15% and 7R, anyone who entered on the second go at 460 could have got around 7% or 4R. Perfect hit on resistances for profit targets for you. We are breaking 460 now so this could turn into a short on a failed retest.

Trader-Elisa

#ETH #UPDATE - After that great bounce off 198 we unsurprsingly rejected the first go at getting back over 215 although gave a great entry at 207 retest from my last post. This little wave is now correcting and we are at the 50% fib level riding the outside of my dubious looking channel! Being unable to break 215 was one thing, however falling back much further...

Trader-Elisa

#ADA #UPDATE - Hope you got in here as this did very well! Either a 5% if you got the retest at 460 or a 12% move if you got the first entry on break of trend/resistance. We have broken market structure on lower tf, but would need to get back over the 550 area to confirm a genuine trend change. There is little resistance on the way there though so I have hope......

Trader-Elisa Updated 

#ADA - Interesting here. Failure to break up, we have another short opportunity. Break up and we can long the retest.