Centered Oscillators
AUDUSD short seems like price didnt break the 180 ema and didnt hit top of channel. VWMACD shows the current bull run is loosing steam
New HighWe got a new high extending the Bollinger Band and it looks like we may see a green candle without wicks.
Teck long opportunityHello everyone, we are back with yet another technical analysis. I hope you guys have enjoyed the past week, whether it be trading crypto, stocks, or currencies. The technical analysis today will be centered around the idea of TECK hitting 17.09.
Elliottwave analysis: My elliott wave analysis is kinda cluttered, some I'll try my best to break it down for you. The move to the 17.09 mark, I believe will be the wave 5, of the wave C, or the greater wave 3. The reason why I don't believe this will be the wave 5 of the greater trend, is because then we would have to assume that the wave C ended at the 15.70 range, which wouldn't make much sense since there are no fibonacci ratios there. Instead, I see this as the 3rd wave of the wave c, the retracement being the 4th wave of the wave C, and this next move up being the 5th wave of the wave C. Taking a projection from the start of the wave c, to the wave 3 top, to the wave 4 bottom, we can anticipate the wave 5 hitting the 0.8 fib range, which is around 17.50$. A break below the recent swing low is a bad sign and would mean I am wrong.
On the 1 hour chart, we can see some bullishly diverging rsi and macd, meanig the we are probably going to being the 5th wave sometime soon.
Keep in mind that this trade might take a couple of weeks to be completed, so position yourself accordingly.
I wish you all the best this trading week, and have a great day.
EUR.USD 240 Min Short CCI tlb, Pitchfork Targets on 2 H&S TargetThough 13CCI on 240 min EUR.USD has a higher low, the currently operative signal is Short from CCI crossing down thru an uptrendline and the exit signal will be CCI crossing up thru a downtrendline.
The pitchfork targets match perfectly with both the small H&S target and the larger H&S target, shown by red + symbols.
Caution tho, because news of additional money being sent to US citizens before election could change the charts
$HEPA aiming to trade higher-HEPA technical analysis$HEPA Breakout of the wedge:
- RSI divergence.
- MACD looks good.
- Price projection gives 40% possible profits.
- It would saver if traded until $3.81 resistance.
- Patient traders can wait for a pullback for a better entry position.
You can check my ideas here:
notrustyourbroker.com
BTCUSD 12H DMI ANALYSIS - BEARS STRONGThe DMI is showing bears in the lead and bulls are running out of real estate. Big move inbound over the next few days. See chart for more description.
The Williams %R is overbought and due for a oscillating correction. Yet divergence is always a possibility. Set alerts on trend line crosses and let tradingview work for you!
