I saw a potential correction on BTCUSD prior to the FOMC rate decision. As forecast showed another rate cut tomorrow, we can make a good bet with great risk to reward ratio for selling from this level. So.. Are you going with me on this? CHEEERRRSSS...!!!
We all are witnessing a dirty market manipulation happenned yesterday, when Bitcoin price went down more than 10% in one swing and bounce back immediately. It is a dirty force to liquidate all retail trader, especially those using margin. I just want to share.. 90% of this incident will be followed by a massive move to the upside. ARE YOU DARE TO RE-ENTER?...
For me this set up offers a very good R:R short trade. XAGUSD showed consolidation move, unless it breaks the "C" top. My position: Open Sell: 31.30 SL: 31.55 TP: 30.60 CHEEERRRSS...!!!
I see a POTENTIAL OF MEGAPHONE PATTERN on ETH. Price keep making a higher highs and swing lows, and it is followed with bearish divergence on indicators. As it happens at the top of the trend, it is a HIGH REVERSAL POTENTIAL. Follow me? HAPPY THANKSGIVING, EVERYONE! CHEEERRSSS...
Nasdaq make a strong spike movement to the upside early of this week.. From the technical perpective the upside movement does not seem like a strong uptrend, instead a correction / consolidation before another (maybe stronger) bearish move. Upside movement tested the strong fibo level and forming a good potential bear flag pattern. Watch out for breakout to the...
The ABC potential or we can also see the bull flag on the bottom of heavy correction on AUDUSD could give us some opportunity and good entry point to LONG. Let's go!! CHEERRRSSS...!!!
Hi, I got some update on ETHUSD view, yes it is still valid the B correction is on going, BUT.. it was really way out of our 1st trading plan that predicted the consolidation of B (on the perfect channel) was just over. However, the trading plan is still the same, we are selling ETHUSD to ride the delicious wave C. Let's go!!! CHEERRRSS...!!!
Based on Elliot Wave perspective, the Wave C is now started, it confirmed by the broken structure of Wave B (consolidation move), and i will sell it with SL above top of Wave B. Lets go! CHEEERRRSSS...!!!
See the S1 and S2, it is safe to say that if those 2 support levels can hold, INCO will go up to a very nice and sweet target above. CHEERS!!!
TINS has broken its long consolidation and ready to take-off to the target (SEE CHART FOR TARGET 1, 2, 3), but its safer to buy it on a re-test or correction. Good luck! CHEERRRSSS!!
I shared especially for mid to longterm investor, I believe that right now BBRI is still on a downtrend to complete its WAVE C of ABC correction. I have some levels to be considered for entry price for BBRI, first is as low as WAVE A (see the chart), and second is the supply and demand zone. So.. LET'S DO IT! CHEEERRRSS!!!
From the R:R perspective, this stock offers a very good risk to reward ratio. My first target would be on the first gap above (red line). Tight SL is needed! CHEERS!!!
From my point of view, the upward movement of NVDA has lost its momentum, it will not sustain for longer period and i believe the correction could happen anytime soon (this is weekly chart, so time frame probably in 1-3 weeks). Sell on Strength for NVDA, SL above the top. Good R:R trade! CHEERRRSS!!!
it shows a good top formation on Dow Jones, exactly 161.8% external retracement, and strong daily candle close for the bearish. So i will go with the short and stop above the top. See you at the bottom! CHEERRRSS!
As we can see, there are some sign of bearish trend on Nasdaq: - Daily candle showing strong bearish engulfing yesterday - The closing from last 2 days top out on its 88.6% fibo level - Rising wedge pattern as ABC correction been made and most probably has been completed WHAT'S NEXT? I believe bear will take control starting as soon as this week to several coming...
My view on ETHUSD is bearish for the moment. The upside movement since last week did make a lower high and lower high, completed its triangle of ABCDE. Most of this pattern is the sign of continuation, which is to the downside. SELL around this level with the STOP just above the "c" is a safe bet, offers very good R:R. Good luck! CHEEERRSS!
I just updated my chart and wave counting from the Bitcoin, nothing is change on the big picture, one more leg down is most possible scenario. The adjustment from my previous view is on the "X" wave that contain a-b-c correction showed longer and higher correction, but it's still valid as the "c" made 5 waves on it. So, i can see the "5th wave" of "c" of "X" is...
BTCUSD is now retracing to it's 61.8% fibo from it's first drop. We wait for confirmation if the 61.8% will hold and the minor bear flag pattern will break. I am still aiming 50k to 52k for next target! CHEERS!