MoneyForNothingAndPipsForFree

MoneyForNothingAndPipsForFree Jul 3, 2023

AUDNZD is trading below both major trendlines (100 and 200) on H4 and should drop further. If you're a conservative trader wait for price to breach the pink line to go short. My target is the base in the pink circle.

MoneyForNothingAndPipsForFree Jul 3, 2023

Here's what I see for USDCAD. Looks like price has found a bottom and created a base to commence a leg to the upside. MACD is trying to turn positive as well. My first target is a third touch of the blue trend line before it reverses to the downside. Please note that we're still in a downtrend on the weekly chart, so this looks like a pullback to give sellers a discount.

MoneyForNothingAndPipsForFree Jun 21, 2023

Here's what I see for JD on W1. Looks like it has completed a textbook 5 waves move to the downside and bottomed out slightly below the 67% fib (liquidity grab). Wave 3 had the highest volume and the EW oscillator had the highest hump at wave 3, so bascially we have already bottomed or are very very close to a bottom. The move from wave 4 down to wave 5 has...

MoneyForNothingAndPipsForFree Jun 9, 2023

Here's what I see for this pair. We're trading inside a descending channel and it's over 113 pips to the 61.8% Fib, that's what I have as my first target, but I don't exclude price going lower all the way down to the demand zone at the 88% fib. In addition the MACD histogramm has turned bearish, so I expect a continuation of the trade to the downside.

MoneyForNothingAndPipsForFree Jun 4, 2023

I will wait for a trigger to the downside. RR is 2.8, which isn't that bad for a trade.

MoneyForNothingAndPipsForFree Jun 4, 2023

You should get prepared to short it at the pink line (Triple Top)

MoneyForNothingAndPipsForFree May 22, 2023

Here's what I currently see on AUDUSD. A textbook retracement and over 80 pips to the upside.

MoneyForNothingAndPipsForFree May 21, 2023

I think we've bottomed out here and I will go long once the blue line is crossed. First target is around 100 pips to the topside with a potential touch of the black trendline higher.

MoneyForNothingAndPipsForFree May 21, 2023

The corrective move isn't over yet, looks like we still got around 44 pips left before the move bottoms out.

MoneyForNothingAndPipsForFree May 21, 2023

Here's what I see, looks like the start of the final corrective C wave all the way to the 61.8% fib zone.

MoneyForNothingAndPipsForFree May 18, 2023

Not a good look for BTC, shorts keep piling up on Finex and the roadmap is clear, Short it all the way down to $22K.

MoneyForNothingAndPipsForFree May 16, 2023

That's what I currently see in the market. Looks like we're going to make another leg to the downside here.

MoneyForNothingAndPipsForFree May 14, 2023

Here's a nice quick short opportunity for AUDNZD, almost 50 pips.

MoneyForNothingAndPipsForFree May 12, 2023

DXY broke out of the of the accumulation range and I'm wating for the the hook (pullback) to go long. My first take profit target is 104 and second take profit target is 106.

MoneyForNothingAndPipsForFree May 10, 2023

Doesn't look good for AAVE , it's coiled in a bearish symmetrical triangle and I expect another touchdown of the trendline. We could see a short relief rally to the %61.8 before it heads lower.

MoneyForNothingAndPipsForFree Updated  May 10, 2023

Filecoin did a textbook staga analysis pattern since the breakout in May 2020 and I expect Filecoin to finally start stage 2 of another cycle to the upside. There's tons of volume imbalances near the supply zones. Wait for Filecoin to break the Demark trendline to go long.

MoneyForNothingAndPipsForFree May 9, 2023

Here's what I see for Bitcoin based on EW analysis. I think we should see a drop all the way down to around FWB:25K , before intermediate wave 5 kicks in and brings us back to $38K-$40K.

MoneyForNothingAndPipsForFree May 8, 2023

Looks like USDCAD has found a bottom and is retracing back to the 100 and 200 MA on H1. Please remember this is a counter trend trade, the overall daily trend is bearish. When the pair hits the 61.8-67% fiib zone I'll be reversing my trade to short.