GNT - life after the pumpso bitcoin did its thing and now the alts are getting back to the upward trends, some more then others. will keep you posted.
Projection
BCNBTC I see here potential for big returnsWhen I'm looking on chart I see big potential for big movement some time in future. Pair established solid support between 4 and 6. I would like to see round number like 5 but it is not case here. This support area holds losses for almost 6 months. I don't see any candle formation or any other known to me pattern which I could apply here.
I see here potential to double triple or quadruple of stake.
Risk is that pair could go down to 1 that's why I wouldn't put stop loss because I strongly believe that there are pending orders just below 6 which will give boost to rise again.
Look at the huge doji candle from 31st of may. This pair has potential to rise up for fourth time in my opinion.
If you would like to take my advise and trade it I would suggest to invest only stake you are comfortable with and don't expect returns in short time. Just invest and wait till it will reach your desired level. I put in chart some levels I believe pair will hit in future. Pair is testing round number 10 for time being.
1. Green I'm pretty sure (this one is based on highest high from 2015)
2. Orange It is probable ( round number )
3. Yellow there is a small chance based on Fibonacci projections
4. Blue maybe based on Fibonacci projections
5. 361.80% who knows
Worst and best (Current) Case senario on $MYLRisky short term trade. Best and worst case scenario with targets for breakouts. Risky. If this lifts soon you know when to buy and sell.
Weekly analysis1. Its been 359 weeks from May 2010 Low , two more weeks before the sq of 19 to be complete
2. Bearish move from Oct 2015 up to current month is a completed sq of 9.
3. I'm expecting a breakout on 236 Fibo on April 2017 going LONG
4. Once TL breaks for the 2nd time. im expecting the price to move up to 1.89716
5. Based on 2 prev swing in expecting a 151 weeks before 2.23862 will be hit
USDCHF Two Sells in my radarThere are 2 sells I am looking forward to.
My time projection suggests the moves to happen around the orange dotted vertical lines but thats not a must.
First trade is selling the 0.618 retracement.
Second trade is waiting for more confirmation (break of trendline, then flag, then break of flag > sell)
Reward to risk in both cases it 1:1 the way I plotted it on the chart but I will only take half position profit there and move stopps of rest to breakeven.
This is not a trade call, unless you are with the big banks you are responsible for your trading and your decisions. You are with the big banks? Hire me and get my signals for free Hahahaha
Guys and girls, leave a comment and a like please (only like if you like it!)
GBPJPY long idea 4H after correctionThe 0.618 retracement of the up impulse has appx. same level as the 1.272 extention of the first corrective downmove. this area gives me a high chance of reversal for the upside.
stoploss level must go at least 10 pips below the beginning of impulse (124.60 something).
very aggressive traders may watch for reversal candle at the given time and level and then place stopp below that candle.
good matter would be to wait for break out of the correction and a little flag down and then break of that flag but this needs patience! still the best way to do.
take profit somewhere around 152.00
my time projection vertical lines give me an additional clue on the "when" (timing) which is good thing to know.
this is not a trade call. you are responsible for everything you do in life! enjoy anyway!
leave a comment or7and like the idea.
EURGBP soon to go for UPmy time projection gives me an additional clue that a change of direction at the red vertical line is in the making.
i look at the corrective structure as one that may likely prepare the way for up move.
it is likely that the already saw the first whole move down in that corrective structure (you may call it A to B wave + B to C) and now up (light blue arrow scenario)
another scenario is that we only hat the A to B and again measure the 1.272 extention of A to B down and then up.
let a flag above the correction's trendline confirm your long / buy entry.
in any case your stop should be below the lower ascending longerterm trendline to be save for this long idea in general.
target may be around 0.90
(this is not a trade call. you are responsible for what you do. dont risk more than 2% of your trading account's money for your stoploss!)
good luck!
DAX30 - SELL - H1you see the red point above: please feel free to test a SELL-order! TVC:DAX
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ATTENTION! This is a TEST-order.
Please DON'T use it for the real trading.
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DiKKAT! Bu bir TEST-ANALiZ öngörüsüdür.
Gercek islem girilmesi kesinlikle tavsiye edilmez!
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ACHTUNG! Diese Prognose dient lediglich NUR zum testen.
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USOIL: Price projectionHi traders,
Here we have the USOIL 4H chart. The red line is the expected price movement for this pair.
I think we will start off the week with a correction to the downside. The 52 area has been pretty good support and resistance in the past. After that I expect a breakout to the upside.
Cheers
GBPJPY - long - The Beast may end the correctionThe Beast may end the correction this week.
My analysis is based on time projections and on important structure observations to the left.
For entry use some price action potentially soon to come (e.g. bullish candle formaion in 4H-chart)
Stoploss 10 pips below that price action signal.
Next target: 154-156 Something is going to happen end of the months around the red vertical line in the target box.
* this is not a trade call!
* it's your own risk which should not be more than 1% of your account in this trade.
GBPUSD - 2 Trade setups for the month ahead. WeeklyForexThe pound has a little further to climb versus the dollar.
This week ahead will be all about correcting the dollars price from most recent FOMC before continuing its ascent into greater bullish zones. With most recent fundamentals strengthening the Dollar, we have to look at our other pairs and take advantage of the confluences and circumstance.
BUY @ 1.2472
STOP @ 1.2339
LIMIT @ 1.2740
ORDER TO SELL X @ 1.2740
STOP @ 1.3154
LIMIT @ 1.1403
INSTAGRAM @WeeklyForex
DAX 2nd Fibo Arc ProjectionAn update on the swing projection of the DAX. The price target has been reduced a bit between 11.100 and 11.300. The recent concentration of price might have been the 0.23 fibo level. If the consolidation takes places for a longer time like the red line shows then the price target would be the same but be hit later.
Price should not fall below 10.400.
Notice Match the Circle with the orange dots and the yellow lines drawn in as support zones.