FX:GBPAUD is at the end of the correction phase and start forming good price action for the next week. Potential is over 250 pips to the zone of 1.7680. What is the supported thesis for the expected future uptrend on GBPAUD: - By Elliot waves price correction formation is symmetrical A-B-C - Symmetrical by a time A-C wave is a big indication that is...
KRAKEN:BTCUSD is in tight range between $38'000 & $41'000 in past 2 weeks. I think it is part of really big accumulation phase and once the price push up and price action is confirmed we can expect 5-th wave and blow-off top in 3 months. What is the supported thesis technically for the expected scenario on Bitcoin - price finishing harmonic 5-th wave model...
FX:USDJPY is at the end of the correction phase and in the next 12 hours probably will hit a big support zone of levels over 126.50. From there price action will confirm the potential of the uptrend in the next 3 days and will explode at least 300 pips to over the 130.00 level. What is the supported thesis for the expected future uptrend on USDJPY: - By Elliot...
KRAKEN:ADAUSD ranging in 6% channel in past 10 days, but we have a capitulation and now forming good price indication for a strong uptrend. In next 2-3 days probably will continue the range in levels below $1.00 per ADA. What is the supported thesis technically for the expected scenario on Cardano: - price finishing harmonic 5-th impulse wave model with...
FX:GBPAUD ranging in past two days without indication of power for continuation of uptrend. In the next couple of hours my expectations are for engulfing price-action with 50-60pips red candle. What is the supported thesis for the expected downfall and future uptrend on GBPAUD: - By Elliot waves price correcting at this moment with a target minimum of 50% -...
KRAKEN:ETHUSD recently drops and probably set off to the support zone of $2'840. By Elliot waves principle 5-th wave there will be exhausted and we can expect these levels to be hit by big volatility and mass leverage liquidations. What is the supported thesis technically for the expected scenario on Ethereum: - price finishing harmonic 5-th impulse wave...
FX:GBPUSD indicates north move with strong price-action movement. In the next couple of days I believe the strong uptrend will be confirmed. What is the supported thesis for the expected uptrend on GBPUSD - 30 pips away from the dynamic resistance trendline - lower low with fake breakout and coming back in the range - now bear power and strong indicating for...
BITFINEX:BTCUSD recently drops to a strong support zone as my expectations from my previous trading idea last Thursday. Bitcoin conference is in progress and a big announcement coming soon - over 16:30 Miami time. In short term, such a conference is a bearish indication, but in the long run of course means more adoption. What is the supported thesis technically...
OANDA:USDJPY probably will break the range in the next couple of hours. Good confirmation will be if the price reaches the strong resistance of 123.50 and there sellers attack with strong price action. What is the supported thesis for the expected turndown of USDJPY: - on 1H time frame from 28 to 31 March there are 5 impulsive waves down - price is in a tight...
BITFINEX:BTCUSD correcting as expected. In the next couple of hours, the price will reach a region of $45'000 and will find strong support. In the past weeks, there was a wedging consolidation, which connected two major waves - wave 4 with wave 5. I think wave 5 by Elliot Wave Theory started and there is a huge probability for a strong quarter and reaching levels...
FX:EURUSD breaks with the confidence downtrend line and pushes the price over 100 pips above the trend line. In the next hours, there is a big chance price to stay choppy and establish a range in the area of 1.1110 - 1.1135, before further pushing upwards. What are the supported thesis for expected and potential 120 pips upwards from current levels: - price made...
30% decline in hours - that was insane. At that moment the best solution is to execute buy orders for the next three to four months. We expecting to establish a strong uptrend till $45 per barrel.
In the next three weeks, our expectations are for the British Pound to bounce back.. The pair made lower low by breaking the bottom, but on a weekly time-frame, we're predicting the close price will be above January's low. By Elliot waves we are definitely in impulse last phase of a trend. Timing and cycles show the end of the trend is near. The signal is powerful...
KRAKEN:ETHUSD In next few days we expecting aggressive decline till $140-145 area. Upwards resistance at $180 and high levels of BTC and required correction will push Ethereum downside. Waiting for engulfing candles at 1 hour time frame to activate the sellers.
USDJPY projection for the next two weeks. Pair made mini higher high, which we think it was false. Can't break this strong resistance level of 112.00-112.20. Waiting for a pullback until end of the week. Place tiny stops over 20-25 pips and aim reward ratio at least 1:4.
Silver is at the end of corrective wave by hitting a support level @ 14.80. Expectations in the next 2-2.5 months is to reach price levels over 16.50-16.80 area. Targeting another test of the uptrend channel . By Elliot waves method in the next 2 weeks we can see the establishment of the new trend. Risk reward ratio is also high and stop are just under the support zone .
Before Constantinople Hard Fork we see Ethereum at bottom over $115 area. That is a very good sign that big whales want to buy cheaper, again. Harmonic analysis by Elliot Waves show aggressive impulse C wave, which will be the end of this minor downtrend. Next logic move is for a strong 3-th Wave which will lead us to levels over $400 per coin. We've got support...
EURUSD projection for the next 2 months. At downside part of the channel EUR hit big support and activate buyers. Tomorrow is ECB rates decision and probably the European currency will continue to gain. USDJPY need correction to 108.00 levels, that indicates weaker U.S. dollar, not at all of course, but at this moment they are correlative. By Elliot waves in past...