stibo

stibo Updated 

I see here a nice demand with a long leg out which means that this demand zone could be very strong. Furthermore you can verify this demand with the volume indicator. I think that the supply zone above is not very strong anymore. Thanks for reading, stibo

stibo

As you can see i determined the correction as a WXYXZ correction because of the internal ABC waves and its formed as a channel rather than a triangle. At first I thought that we need another correction to the downside but it need not to be the case. Because of the break of the trendline it seems bullish to me. I am waiting now for an ABC correction...

stibo

I expect another big move to the downside because the current up move is not very motive. Furthermore i believe that the fomc news today will be negative for the usd which will push him further to the downside. We are already in Wave C as we can see one impulsive move marked as Wave 1. Thanks for reading, stibo

stibo Updated 

I expect a big push to the downside soon because of the beginning of wave c. If you have any questions let me know in the comments section. Thanks for reading, stibo

stibo

Gold formed a perfect supply with a long leg out. You can place a sell limit or you can wait for price action. Furthermore you can verify the supply with the volume indicator. If you agree with my analysis please leave a like and follow my idea. Let me know your view in the comments. Thanks for reading, stibo

stibo

You can place a sell limit at supply. I expect a push to the downside because i think the uptrend is over, confirmed with elliott wave. If you agree with my analysis please leave a like and follow my idea. Let me know your view in the comments. Thanks for reading, stibo

stibo Updated 

I expect a drop at the supply zone because of low volume and divergence. There is also the 0.5 fibonacci level in the supply zone which should give extra bearish volume. If you agree with my analysis please leave a like and follow my idea. Let me know your view in the comments. Thanks for reading, stibo

stibo Updated 

We are right now in a supply zone. I expect the price to drop because of the low volume and divergence. Furthermore i expect the beginning of wave C which confirm my bearish bias. If you agree with my analysis please leave a like and follow my idea. Let me know your view in the comments. Thanks for reading, stibo

stibo Updated 

We can see a supply-zone right above. You can enter with a sell limit or you can wait for price action. Furthermore you can verify the supply zone with the volume indicator. If volume is lower than average at supply zone (or divergence) you can expect a strong zone and a push in the opposite direction. If you agree with my analysis please leave a like and follow...

stibo Updated 

Do not buy bitcoin now. Wait until the correction has finished. I see bitcoin currently in a big correction. -> wave 2 We can see several zig-zag formations which i summarize in an wxyxz correction. We are overall in the third wave which means that the next wave can be very impulsive. But first i want to see another move to the downside at least to 0.786...

stibo Updated 

I think the correction to the upside could be done & i expect a quick push to the downside. You can use a sell stop for the entry. Second option is to wait for a break & enter after a retest. Use the invalidation level as your stop loss. I will regularly update this post. If you agree with my analysis please leave a like & follow my idea. Let me know your view...

stibo Updated 

I expect another correction because of the big push to the downside lately. I will set a sell limit at supply with risk 1.5%. Watch out for price action at fibonacci levels, price does not have to go up so far! If you agree with my analysis please leave a like and follow my idea. Let me know your view in the comments.

stibo Updated 

My long term view on AUDUSD is still long but we can try to use this impulsive correction to our advantage. I will set a sell limit at supply. (You can also wait for price action.) My second entry will be confirmed with elliott wave. I set my SL to the ending of wave (ii). (not finished yet) Tp is based on the same length of wave (a). If you agree with my...

stibo Updated 

First of all my last analysis was not completely right though we caught some pips :). You can see that the ending of Wave C was not determined right. I expect soon the start of wave 3. I will place a buy limit at demand. ENTRY 1457 SL 1453 TP 1506.3 Let me know what you think! If you agree with my analysis, please leave a like and follow my idea.

stibo

I think that the correction isn´t finished yet. Volume is getting lower which is an indicator that the correction isn´t finished. After the correction i will buy bitcoin and hold it at least to 23900. Let me know your view in the comments. If you agree with my analysis, please leave a like and follow my idea. I will post regular updates to this analysis so stay...

stibo Updated 

GBPJPY could now be fully retraced within a wxyxz correction. I expect now the continuation of the trend -> start of wave 5. If you wanna take the risk you can use the risky entry. My TP temporarily is 143.865. I will regularly update this post if my analysis is correct. If you agree with my analysis please leave a like and follow my idea. Let me know your view...

stibo Updated 

I am waiting now for corrective pattern & candlestick confirmation before opening a trade. This correction could also be determined as a WXY correction. Please do not enter immediately. The first and the second wave could also be correction waves. Wait at least for price action at demand. Let me know your view in the comments. If you agree with my analysis,...

stibo

Chart can easily be determined in elliott waves. You can see an impulsive wave which i declared as wave 1. Afterwards it corrects with an wave 2 (abc-correction). Now wave 3 started and already made the first and second wave. I do now expect the start of wave 3 within the wave 3 which can be a very impulsive one. There are 2 order blocks below our price now. ->...