It seems we may have a possible FLAG pattern forming in STEEM/BTC, with bullish trend about to form on the breakout of structure/channel. Water and Blueberry EMAs are crossing as well as TDI channel bands are extremely narrow, which suggests a strong pending move is imminent. In this chart I've listed what I see as 2x possible moves, one retracement downwards...
It seems litecoin (LTC) has completed a Wave E (in a triangle) and has now started to progress through a Wave 5 Impulse towards the upside. Price action is above all 5 EMAs, including the Ketchup (5 EMA). Interestingly, TDI shows the start of a possible shark fin move, however, due to the fact we are at the 0 Position with RSI, I am unable to predict the next...
It appears to me, that price action has invalidated my initial Bullish Gartley pattern, however, I've just noticed another Bullish Gartley (which I have missed previously) and has been confirmed over the weekend. On forex brokers, the BTC opened on a massive GAP, however via Bittrex I monitored price action live over the weekend. Price action seems to have not...
FUNDAMENTALS: Merck & Co seem to be in serious trouble after a 'Big Pharma Bombshell' where Federal Judge Beth Labson Freeman of San Jose finds Merck lied in patent trial to both a business partner (Gilead Sciences Inc) and lied to the court itself, overturns $200 Million verdict ! (Re: hepatitis C Drug). Source: LA Times Article here: www.latimes.com Court...
The Hydroponics Company FPO, which manufactures Medicinal Cannabis, seems to be ready to breakout of a wave 2 structure, where TDI shows the middle of the range band has just been passed, which most likely indicates additional moves downwards before a breakout of structure to begin a wave 3 impulse on the 4Hourly and Daily charts. Not enough price action exists...
It seems that SiaCoin may be on the verge of a breakout of major structure on the Daily, as well as a clearly defined Sharkfin and blood in the water on the TDI, which has some broadening of the bands, which suggests possible small move short, before the breakout. Daily Candle on the 2017-07-11 has pinned the Mayo EMA (200 EMA) which could mean we may see a...
It seems FCT is in the completion phase of a Wave 5 on the Minor period and has also reached a critical resistance/trendline area and in my opinion, we are nearing the start of a corrective wave/pattern via an ABC wave. I've marked out major support area where I believe is most likely the area where we will see the first part of determining where price action...
It seems WTI Crude Oil could be forming a Bullish Gartley Harmonic Pattern on the 4 Hourly and daily charts as price action has just pinned the Water (50 EMA) where it seems it has completed a pullback Fibonacci. It is possible to expect a continuation of more upward moves towards the Bullish Gartley Harmonic Confirmation Area where a SHORT can be taken to both...
It seems there may be a Harmonic Bearish Bat forming on the DXY (TVC) with the 4Hourly and Daily Charts Currently the DXY is in bearish trend however TDI has completed a very small Sharkfin out of the water but no blood in the water as yet and TDI shows close proximity to oversold position, therefore we 'could' see a confirmation of this Harmonic Pattern/Bat, if...
It seems there is a Bearish Cypher Harmonic, forming on the Weekly. Price action has crossed the Ketchup, Mustard, water and Mayo EMAs, as well as price action has been broken out of structure between May, June and July, continuing the bearish trend. TDI shows that price action has just moved through the mid band and is continuing on through to the lower band...
It seems Time Warner Inc may be suffering the result of it's Turner Corporation's CNN being associated with #Fakenews and the terrible #CNNBlackmail scandal? On the technicals, in my opinion, on the 15 Minute and 1Hourly Charts, we can see a clear swing from a strong resistance area / flip zone, after a Elliott impulse wave on the subminuette period, going SHORT...
It seems that Factom (FCT/BTC) price action will continue to move bearish until initial support area or major trendline channel, where we may see a reversal/swing LONG to bullish price action/trend. It seems to me that we most likely will get a pin on the Blueberry which would be a good entry signal to go LONG and/or a breakout of structure trendline channel as...
Bitcoin seems to be breaking out of a Triangle towards confirmation of a Bullish Gartley on the 4Hour and Daily. Price action has already crossed the Water and Mayo and I'm confident it will pin the Blueberry EMA (800EMA). TDI shows possible downwards path until we hit the oversold position and should there be a Sharkfin and Blood in the water confirmation, it...
It seems we have a great opportunity to LONG this stock, as price action has progressed through structure almost reaching the Blueberry EMA, which would provide a high probability Entry LONG as well as breakout of structure going LONG. Overall structure shows bullish trend but I'd advise caution on entry as we could see larger retracements down to the bottom...
It seems we may have a confirmation of the end of a Wave 2, ready to trade a Wave 3 LONG. TDI in this instance shows almost oversold position and would correspond directly with the price action and structure. The Mustard, Ketchup, Mayo and Blueberry EMAs have also all crossed (note Crossing of Ketchup and Blueberry EMAs) suggesting an imminent reversal to go...
It seems we have a possible Wave 3 in progress going LONG on the Daily, all the way to the top of the trendline. There is however, a possibility that price action will reverse and form a Bearish Butterfly Harmonic pattern, where a more precise entry setup would be visible, after pinning the Blueberry EMA. Water and Mayo EMAs show current uptrend which would...
It seems we have a good setup here for 2 trades. The first is a SHORT and the second is a LONG, after the harmonic pattern confirmation. This seems to be a very high probability trade on the Daily for Twitter Inc, where price action has reached a significant resistance area and point in the structure, at the top of the channel/trendline, where a very high...
It appears, in my opinion, that we have an Insane (great) trading opportunity where we may be right at the bottom of a Wave 1 Impulse move on the Daily Period/chart. The count is based on a previous Impulse wave which finished around July 2014 and has been in a significant corrective pattern until March 2017. Based on pattern and elliott wave structure, the next...