Bitcoin is bouncing off 16000 Bitcoin is bouncing off the strong long-term 16000-17000 support zone. This bounce and sideways bullish flag formation as the instrument is getting out of the LT falling wedge could lead to a swift move higher if we get a break above 20500. Certainly, there […]
Bitcoin downside ride is about to finish Read More »
Daily market overview EURUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, GBPUSD, BITCOIN Click on the chart image to enlarge it USDJPY The pair is breaking for the first time above strong wedge resistance 118. It is reaching 2015 extreme 125 and is breaking above it. Look at this like the final stage
Daily market overview Forex, Crypto Read More »
USDJPY to run for 140 downside resistance USDJPY has been rejected from 152. This rejection can lead to a strong swing down to 140 which is the crucial downside reversal resistance for a deeper pullback to the 126-131 zone lower. This zone is the long-term support for the upside
USDJPY has set the stage for a swing down Read More »
< Elliott Wave technical analysis with trading signals for Gold, WTI Oil, SPX, NASDAQ, DJIA NASDAQ We have a break below 13800, and 5 waves upside is finished. Nasdaq is now in the third wave of the five waves down. This count is valid as long the NASDAQ is
Elliott Wave technical analysis with trading signals Read More »
DXY is testing a key downside resistance DXY is testing a key downside resistance of 109.70. This is the broadening wedge downside resistance and a break below would indicate a top in the USD across the market and would lead to a strong downside reversal swing to 102. A
DXY is hanging on a cliff Read More »
