Contribute to my tip jar. Donations always encourage me to put out free signals for you guys :) BTC address: 1NRe8YKANkcntHM8fUmhAt3fkuScATayeB I know a lot of people will disagree with this, but I believe that this will go up again. This is part of the psychology market cycle or Gartners Hype. (feel free to google) The same exact pattern is reoccurring just...
Hi boys! Aud chf looks like it will continue upwards to double top on the daily. We have a perfect elliot so far. Wave 3 was a perfect 1.618 of the first wave. Wave 5 will be just as long as the first wave, so I am expecting a double top before it dips again. Conversion line crossing base line signaling further upside and this thing broke the cloud on most...
Hi boys. Ethereum / USD will continue to dip in my perspective. I think this will go back down to 165.00. There is a very nice steep conversion line crossing over the base line. This is a laggy indicator so it will take a while but the momentum will change before heading up. The steeper the crossover the better the trend will change. Stoch RSI is showing more...
All the blue lines are support and resistance lines. Some come at angles and some are horizontal. Now take them all and throw them in the effin trash. This is BITCOIN and all of that is irrelevant. It will not follow any of that BS for now. The only way to trade this for the time being is by using indicators and fractals that will continously repeat...
EUR CAD is a short for me. On the daily there is a break and retest of the cloud. 4 hour shows a nice rejection from the resistance line.
Ok the smily face was a joke, but NZD/JPY looks like its going to head down. These yen pairs always seem to follow the bell curves, and this might break. Developed a lower high and looking for lower lows. Stoch and RSI are showing this has massive downside potential. Great RR ratio
EUR AUD SHORT! Just finished a 5 wave elliot which will need an ABC correction. We have also formed a head and shoulders. This should go down to the .618 of the fib which is also where the gap needs to be filled. Ideas always welcome.
Aud/usd is a short for me. Beautiful rejection wicks right at the resistance. A perfect elliot wave is going to look for an ABC correction, most likely towards 61.8 which is also where the support will be. Stoch looks like its about to crossover and the RSI is overbought and already curved down.
Short on USD/JPY. Nice cross on the daily stoch Ready to break from symmetrical triangle. 5 wave pattern completed with abc retracement. Then a retest for another big wave. Nice wicks showing no interest in breaking resistance 4 hour candle dwarfed the last few candles. Ready to go down to 104 Good RR ratio
I'm not a huge fan of head and shoulders, however this has formed nice. It usually represents a trend reversal by having lower lows and highs and then breaking the support/resistance. This is the ABC correction to the 5 wave pattern upwards. It's also in a symettrical triangle. The famous psychological market chart would consider this in complacency. Once it...
STELLAR BITCOIN. This is 100% relevant to the market psychology cycle. I've been seeing that chart a lot lately and it is extremely relevant to cryptos because that is the nature of a new trading chart. This is the depression stage where everyone has given up hope. (just under .786) This is where you buy a retracement. This thing will be back and its ready for...
pound yen looking long. It has developed some bullish movement lately and a double crossover on the daily stoch above the 80 mark which historically continues the upward trend.
New Zealand US short here. New Zealands reports of trade surplus were below expectations and yellen is expected to hype up the rate hike. Beautiful rejection of the daily resistance. Currently in a symmetrical triangle with beautiful rejection wicks. Nice crossover on the daily stoch. RSI showing it is overbought. I'm shorting at 7300.00
This thing has gone as expected. It has great RR ratio with a nice cross on the stoch.
NZD CAD is looking like its about to reach it's fifth wave at around the record highs before it runs out of steam. My TP1 has been taken and now I'm waiting for TP2 with stops at break even. I'm expecting a big down move after this is all over.
Who knows. This looks unpredictable. I'd stay away from this. Everyone is in panic mode. Looking like a buy at around 5600. Long term is still buy, but things are a little chaotic.