LegionQ8

LegionQ8 Updated 

Hello traders, I want share with you my opinion about British Pound. I decided to update the previous idea for you. We can see on the chart that the British Pound has achieved its targets and moved into the phase D. Price re-tested the resistance area, from which it bounced and decreased, where it formed the last points of support(LPS). After the formation of LPS,...

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Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can observe how the price of Gold has been declining for a long time.We see how the price has formed the support area that has been tested it and bounced back.The price is now near the support area, but may start to rise and break through the resistance line.I think that after a...

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Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price formed the seller zone, which it tested and begin to decline. Over time, the price broke through the support area 1.0625-1.0610 and continued to fall. We are also seeing the Euro reach the next support area, which it re-tested and begin to rise. The price is...

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Hello traders, I want share with you my opinion about Ethereum. When observing the graph, we can see how Ethereum created the downward wedge, after which it broke through the resistance line and rise. Currently, the price is above the support line, but can go down and test it. After a possible retest Ethereum can continue moving up. I think that price can continue...

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Hello traders, I want share with you my opinion about Japonese Yen. Looking at the graph, we see how the price left the range and begin to grow, thus forming Elliott waves.On the four-hour timeframe, we can see the Japanese Yen currently trading in the 5th wave moving towards the seller zone. By switching to an hour-long timeframe, which is on the chart on the...

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Hello traders, I want share with you my opinion about Bitcoin. When observing the chart, we can see how Bitcoin entered the downward channel and is currently trading inside. Inside the channel, the price created a buyer zone, which it tested several times, bounced off it and begin to move up. Now the price is close to the resistance line of the channel and can...

LegionQ8

Hello traders, I want share with you my opinion about British Pound. Looking at the graph, we can observe how is formed the accumulation scheme by Wyckoff. We see how the price enters the phase A, creates preliminary support (PS) that indicates that some buyers are showing up, but they are not enough to stop the movement. The selling climax (SC) is formed by...

LegionQ8

Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price tested the seller zone 1843-1847 and begin to decline, which caused the formation of the downward wedge. Currently, the price is inside the wedge above the support area. We can see how the price tested the resistance area, which coincide with the support line...

LegionQ8

Hello traders, I want share with you my opinion about Bitcoin. Looking at the graph, we can see how Bitcoin has been moving local downward trend and dropped to the support level 23595 which it tested and bounced back. Next, the price start to rise and making a small correction to support line, which it retest and continue move up. Currently, the price is above the...

LegionQ8

Hello traders, I want share with you my opinion about USDJPY . When observing the graph, we can see how the Japanese Yen formed an upward wedge and traded inside. You can also see how the price has retested the resistance area and bounced back. The Japanese Yen is now trades below the resistance area and can start moving down and break through the support line of...

LegionQ8

Hello traders, I want share with you my opinion about Ethereum. By observing the graph, we can see how the price created a support area1460-1470 from which it bounced off and formed an upward impulse to the level 1740. Next, the price begin to decline and formed downward channel which it is currently trading inside. Inside the channel, Ethereum formed a resistance...

LegionQ8

Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how gold is currently trading inside the downward channel. Inside the channel, the price formed a resistance level 1835, from which it bounced back and continue to decline. Now the price is below the resistance level and may continue to fall into the buyer zone, which is...

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Hello traders, I want share with you my opinion about Ripple. When observing the chart, we can see how the price formed an upward triangle and trades inside. Ripple re-tested the support line of triangle, from which it bounced back and begin to move upwards. The price is now below the resistance area of the triangle, but may continue to rise and break it. I think...

LegionQ8

Hello traders, I want share with you my opinion about Bitcoin . When observing the graph, we can see how the price formed an upward triangle for a long time, after which broke through the support line and exit it. We can see how the price tested the resistance area , from which it bounced back and begin to fall, broke through the support line of triangle and reach...

LegionQ8 Updated 

Hello traders, I want share with you my opinion about Gold. I decided to update the previous idea for you. The graph shows how the Gold completed the 4th correction wave and continue to decline, forming a 5th impulse wave. Following my previous opinion, I expect that price to continue to fall and complete the 5th impulse wave in the support area. We can also see...

LegionQ8

Hello traders, I want share with you my opinion about Euro. Looking at the graph, we can see how the price formed resistance area (2) 1.0925-1.0940, from which begin downward impulse. Subsequently, the price formed the downward channel and is currently trading inside. The price is now testing the support area, from which it can continue to move upwards. I think...

LegionQ8

Hello traders, I want share with you my opinion about Binance Coin. Today's analysis, I decided to conduct using a smart money concept. The graph shows how the Binance Coin begin to move down and updated previous lows, which led to a break of structure. The price formed a buyer zone, from which it begin to move upwards and updated the lower high LH(2). After...

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Hello traders, I want share with you my opinion about Ethereum. On the chart, we can see the price exit of the range and falling to the 1462 level, where a support zone is formed, from which the it starts to grow further. Ethereum formed a large upward momentum to the 1740 level, where the price subsequently formed a symmetrical triangle. Ethereum has now broken...