EURNZD Move DownPrice has reached the top trend line and has given us a good reaction. Wait for price to form a correction pattern before entering short.
Wavetheory
USD/TRY (Turkish Lira) SHORT MOVE DOWN $$$USD TRY
SHORT SELL (meaning Sell it but not for long....)
TP 3.8146
BTC Bullish ProjectionsChart is self explanatory. If we breach B with confidence we are likely to hit the projected targets. E target seems overly optimistic but again, this wave looks like an E wave. Trade with caution and best of luck.
Omise Go(ing up)Here OmiseGo finally breaks out of the long term downtrend it faced after being introduced to the world and pumping to high heavens.
As BTC corrects down, it is nearing the end of the 'B' wave. This should confirm BTC's bear market and thus will make alt coins and their holders very happy. ETH also appears to be showing bullish signs and thus the cards seem to be in place for an Omise pump.
Analyzing the MACD we can see that there is bullish hidden divergence in place. Smaller timeframes (I.E 1hr) also depict bullish divergence for the move which breaks out of the correction.
Entry point is $6.40
T1- $8.50
T2- $10.00
T3- $12.00
SL: $5.50
BTCUSD Bearish projectionsChart is self explanatory. If you are don't believe the bounce and are feeling bearish, here we have a game plan.
ETHUSD: Bullish ProjectionsChart is self explanatory. ETH exited its bear cycle 2 weeks ago. Possible local double top at ~348-349 can be expected.
If we Breach this high with any confidence we will almost certainly at minimum hit our previous ATH at just around 420.
If the bulls manage to maintain control past that point, ~495 is well within reach.
USDCAD Daily OutlookHere on USDCAD price is currently rising. I am expecting a break up to continue the trend. Once price has reached the top of our bigger pattern I will look to take shorts.
EURCHF ShortHere we have a reversal pattern forming near the top of the ascending channel. Look for short positions when price reaches the top.
Daily View and Long Trade on AUDNZDHere I am waiting for the corrective pattern to fully form to look for a long trade to the top of the bigger pattern. Divergence on the MACD suggests reversal is coming soon to the downside.
GBP/JPY SELL (Sold 149.60)SOLD the 149.60 to ride it down. The big 8-wave move has already completed but it looks like there's an opportunity to catch some down moves for profit.
Bitcoin: Rough Landing Ahead As Bitcoin continues it's parabolic ascent through the atmosphere and space it is nearing the moon. There is one problem though - rocket fuel has run out. As it approaches the moon it can no longer counter it's momentum and it's impact with the surface seems more inevitable with each passing minute.
Top (for now) ~ $7000
Target ~ $5100
Stop Loss ~ $7600
Profits = 25%
