ABC continuation and pullback to last pitchfork parallel line, textbook entry
A bullish divergence in EURUSD marks what could be the end of the down swing. A close above 1.235x would confirm this trend change and leave the 1.25x highs naked for a breakout.
I think we are starting the retracement between waves one and 2 and it will be deep (1.186)
Analyzing price reaction to last parallel lines I think we will retrace to 1.380x before moving lower.
I think we are at a nice place for playing longs on EURJPY and we just need to find support. We are forming a very well defined pitchfork at H1 that could help to make a bottom soon. If we get a long trigger, the opportunity for riding a good wave looks great.
We are at the retrace of the short term Initial Swing in the Mid Term Impulsive wave. We should see the retrace ending soon and a continuation to the upside of the momentum wave that will last for a good part of 2018. => As you all now markets and trends unfolds in waves => A trend is a group of expansion waves with a bunch of retraces/pullbacks in...
Look how nicely this pitchfork describes price... the next wave could perfectly start from current levels.
We are testing breakout bar highs, and until B is taken we are in a downtrend in Bitcoin. I think it will reach at least 3600 and if people freaks out who knows... even sub 1000.
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Given the DJI bloodbath today, money can fly to european equities as soon as tomorrow. We can position for this wave easily looking to go long on the last broken resistance.
We are at the bottom of the EURUSD range. Bulls are defending the 1.216x level very strong and price action suggest that the continuation of this uptrend is on the way. This pitchfork looks good for the following reasons: This is a 5 star opportunity. You can make 3 times your risk.
I'm bearish USDCAD for the short term but I think we may get a better entry given the price action of the last days. A test of 1.26-1.271 looks probable. We have a confirmed upward pitchfork that sets the regression price short term at around 1.265. From the basic pitchfork trading rules, when you are expecting a reversal, you should expect the next pivot to...
BTCUSD just completed a head and shoulders in H4 and the below 11000 there's only air... the tides are turning with new regulations starting this year. 8200 looks like a probable target.
As described in the title, Bitcoin has broken de retracement and is in a good support zone for a new swing high. If you are holding ETH based tokens also could be a good moment to move some to bitcoin as ETHBTC is at a weekly resistance.
Thanks to the BOJ we have a really nice discount for going long EURJPY, be quick, cheap ticket don't last forever.
Wrath update giving true anonymity to the coin has been released a couple of days later what has made the price cheaper. We are in the best possible place for a buy technically.