Tdsequential
$EURUSD fighting with that 1.20 levelEURUSD has recently drawn a clear and complete Elliott wave pattern.
Waves 3 and 5 have perfectly reached their objectives, as well as wave C.
The ABC corrective pattern is complete and the price is now consolidating below 1.20.
The Elliott Wave indicator is now pointing out 2 scenarios:
- a bullish wave 3 in progress
- a bearish wave 4 in progress
The bullish trend is not over with an awaiting S13 exhaustion point to come
The required level to complete the countdown is above 1.1936.
It also matches with the current wave 3 target and the target of the broken Supply line (Level 1)
If we reach this price level, this would mean that bearish wave 4 could then:
- turn into bearish wave 2 if closing price stay below 1.1936
- vanish if we have a daily close above 1.1936
Therefore, this 1.20 level will be critical in determining the next step:
If we break the 1.20 resistance, the next target will be 1.226
Otherwise, the bearish target will be around 1.14
Best!
MATHR3E
Pretty Regression Band BYOC #OTCMarkets #OTC #PinkMarket $BYOCBYOC has hit a TD Seq9 in red on this 6hr chart , it did this recently as you can see on the chart and had a nice rise within that regression band (( in blue and pink ) . Our rsi here is touching the blue line at 34.00 . This seems like a fairly good one - with a resistance above us at .001743 and the price now at .001050 it could be going there . The Macd is harder to read here but all in all it looks ok .
Be aware that this is OTC penny stock Pink Markets and it's extremely volatile . Please DYOR - do your own research .
Cup and Handle ready to go bullish??Looking at the 4hr chart it looks like a cup and handle forming nicely. Currently on a #8 candle of the buy setup according to TD sequential. Will we see upside in the next 8 hours and a breakout of the handle? Lets see and hope BTC doesnt do anything crazy!
Breakout of symmetrical triangle Incoming?Currently on #8 on a buy setup according to TD sequential will we see a trend reversal soon once we get a #9 and another touch of the botton of the triangle?
A breakout of the triangle to the upside could see us reaching 90cents very soon.? Will be keeping my eye on this the next 24 hours. Look for confirmation. Be careful as a breakout to the downside will see us going down to test next support level of 55 cents.
BTC to 9.7k! Over the past three days I have watched the lower timeframes and have witnessed TD sequential flash a 9 on the 1hr all the way to now, The daily chart, what we have here is a double top on BTC at 11,463.27 and a 9 on TD sequential 😂
Gap fill at 9.7k, Not financial advice, Do your own research
Not My Buy Zone KEY/USDT #selfkey #binance #cryptoAs I said in an earlier post- this is just not a buy zone for me although KEY is looking good for more upside - but the buy for me would have been back on April 15th or April 22nd - where the RSI comes well below 32 . This daily chart on KEY/USDT is generally a buy off of RSI at or below 32 ( where the green line is ), and the sell is generally above 73 ( where that orange line is ) . TD Sequential 9 in red is often hit at same time as RSI going to 32 or less . Summing up - I expect more upside here for KEY but I just don't jump into a buy when the RSI is already over 61 . I'm not a breakout trader . I'm looking for that turnaround at the bottom when it's oversold !
Good buy opportunity in the coming monthLooking for a retracement back into the $35 range and a TD 9 buy to enter into a new long
Important Fib .618 BTC/USD #fib #crypto #bitcoin #btcBitcoin 3 day chart here on Coinbase is very close to it's .618 fib level ( where the pointing finger shows on the chart ) - just a short pump up to 12400 would bring us there . Also we will be hitting a TDSeq9 in green on this 3 day chart . That would almost always signal a retrace is coming . My Gann Fan also shows the top of this blue level to be also near to 12400 ( as shown where the red dotted line is . ) And this Gann Fan fits well on this chart straight back to 2018 . It seems like a strong indicator to me that we might see 12400 or close to it ( possibly breaking a little bit above or below ) and then seeing a retrace down probably to our gap around 96xx .
Bitcoin short. 2 week chart. indicators. / correctionsso we about to get a TD9 on two week for sell side. as you can see. that has nailed the tops and bottoms on bitcoin well in the past. We have divergence. increasing sell pressure. my oscillator is meeting the resistance line. The OBV occilator has a trendline resistance. the vix fix / inverse vix fix suggesting it might be so. The OBV+Fisher transforms higher up as well as the wave trend.
Potentially I think we may see another up to 12.7. however it does sort of look tired here now. I choose 8kish for correction reading because of Cam monthly. but also confluence with other things as well as that is our yearly pivot point. However if we correct me might stop higher as well.
CPC Rising From The Depths Of HELL!? Part 2 MonthlyA TD sequential 13 candle buy signal Dropped on The Monthly Chart. Last time this happened to BTC it was at $965 in Dec 2016. Then 12 months later it hit ATH of $20K in DEC 2017...
This signal has dropped for many ALT coins including recently before breakout for XRP. You can see my analysis before breakout took place! Ill link below to my other CPC idea and the XRP that displays the TD sequential buy 13 signal breakout.
Drop me a like please!
That Nice Play , XFLS #OTCMarkets #PinkMarket #OTCWhen XFLS hits a TD Sequential 9 in red on the 6hr chart ( or the 1 day ) it's a nice little play along with the RSI lines . See where the rsi is touching the blue line here ? This seems to be a buy zone when there is also a TD Seq9 in red .And where it goes up to the orange line on the rsi area seems to be the sell zone . The yellow line on rsi is the apparent 1 day sell zone . Could be 50% or more upside ? I'm just trying to find a few other charts to watch since my SHMP took off without me ! Also this is listed in Pink Market - so dyor. Do your own research . But it's looking like an interesting chart to watch for the rest of the year. Also , that's Xfuels not Xfiles !
TD Sequential and VSTOP: The next 4 days are crucialThe Left Chart
I have been using iterations of the chart on the left for a while now. Bitcoin is testing previous support as resistance and so this is a key decision point. Failure to break resistance right here signals very real macro-weakness. It would have been the third lower high since 2017 and at the least would set up more continuation sideways. Even more bearishly would be the low of late 2018 and early 2010 being taken out and we would be legging it down.
The monthly level to beat is determined by the VSTOP, being set to close, at 11,321. Closing above that to end the month flips the VSTOP similar to what happened in 2016. A look at early 2016 shows we can also chop sideways for another for months or so against this VSTOP. The idea of chopping sideways for a couple of months might be enticing for many, as it gives you a place to accumulate for the next leg up. Normally I would agree, but as I said, we are on our third consecutive lower low at double resistance. I will continue to personally wait for the VSTOP to flip bullish because I am looking for a long term trend here and the chance of reversal is still to high for me.
The Right Chart
There is a lot of potential bullishness on this timeframe and I know why many are licking their chops. Price action has just cleared the TDST (Tom Demark Setup Trend) and a close above that is our clear buy signal on the weekly timeframe. I have boxed out the area between the TDST and the 1m VSTOP
The Daily Chart
The box shows how price action is in No Man's Land between the bullishness on the weekly chart and the resistance on the monthly chart. Forbebodingly, there is a "Perfected 9" which is clearly higher than the highs of bars 6 and 7. This means we are at a very technical place for reversal.
Summation:
Monthly : still bearish until a close above the VSTOP and double resistance. Patience if you want to go long or tunneling down timeframes if you want to go short.
Weekly : BUYBUYBUY so long as you ignore the other timeframes
Daily : Trend is at resistance and could break out. Perfected 9 on the TD. Decent place to simulate straddle with opposing positions if you think TD could go to 13 or close above the monthly resistance but want to keep yourself safe.
Not financial advice though. I am still familiarizing myself with the TD and VSTOP combination with experimentation. I remain neutral on BTCUSD for now with no trades on. Come August 1st that may change with a close above 11,321.