rookiyong

rookiyong Updated 

I think correction is done. Price should run back up after some consolidation at current blue zone.

rookiyong Updated 

Price looks to have completed an expanded Wave B. Could go slightly higher, but not much. The final push yesterday ended in an evening star on H4, giving a clear signal to short on daily open. There are several support zones along the way but I think price is eventually going to 1.72 / 1.73 area.

rookiyong

Whenever price spikes up on weekly open due to some weekend news, it is almost easier to assume that price is going to correct all of the move at some point. We have seen the low yet as price barely touched the support zone. I am looking for a 5-wave move down from here.

rookiyong

This is the 2nd last level I am willing to try for a short. The next is 1990. Either way this is not the area to go long. Preferably would like to see a false breakout of the coiled up triangle plus a quick drop to 1710. Good luck!

rookiyong

Price has formed a local top and is now retracing as Wave B. Potential Deviation here. If right, we shall see a sharp drop here (Wave C). No view on Higher TF. Could revert to bullish anytime.

rookiyong Updated 

Wrong on my last idea, but this range is an irregular ABC, so we are still in Wave 4. Confluence of 2 fib levels potentially ending at 14.6k. We haven't got that 5-move down, so Wave 5 is not done yet. Bottom is not in. Could still take a few days for that deviation to play out, but now is not the time to go long. Good luck.

rookiyong

Idea is in the chart. RSI divergence + Deviation + Trendline break. Down.

rookiyong

Price looks to have bottomed (marking it as W.4 for now). We got the shift in price structure, so looks to be a good spot for entry. Targeting this to be a 3-4 weeks trade. Good luck!

rookiyong Updated 

The move from 25k looks rather corrective in hindsight. Silvergate saga did not crash BTC. If price manages to close back in the range, then we could see 25/26k again. Long term bearish, short-mid term bullish.

rookiyong

Price is in a potential reversal area. Completion of 5-wave down move + RSI divergence + Sweep of several swing lows. Watch for deviation and a quick move up with first target around 0.6400.

rookiyong Updated 

Natural Gas at support after a brutal multi month decline. Not calling the bottom as it is not at extreme support, but price looks poised for a decent up move from here.

rookiyong

Possible 5-wave completion. Brutal hammering of EUR. Local bottom should be around here. Good luck.

rookiyong Updated 

Refer to my previous CADJPY trade where we traced the correction as I believe we are in Wave 4. Going short now with a target near 93. Still early. No confirmation yet. Good luck.

rookiyong

Possible Wave 4 completed. Last move up. Invalidation below 91.20.

rookiyong Updated 

Non- impulsive move up. IMO, price already triggered a potential failure. Target 1.32.

rookiyong

Price did not do an impulse from Oct 2022, so we are in a complex correction. Targetting a move to 3.4 for now.

rookiyong Updated 

Extremely volatile week for USD. Putting some risk on for cross pairs instead.

rookiyong Updated 

5-wave triangle completed. Either a Wave 4 or B. Likely to have some upside to this with the relief from the EUR selloff. Good luck and enjoy the weekend.