#EURNZD - I just love how clean and exact it hit my target on it.

When I post live calls like this one, some people say its dumb luck, and some might think I can see the future! lol
but the truth is that it's just a science. you can learn how to make predictions this precice too. all you need to do is to sign up for my mentorship program on my website, and learn from someone who can actually do it themselves 😎

#BTC > $8200

Congrats to those of you who bought it.

I think we will see a small correction after reaching 9K and then the next bull run will probably aim to retest the 20K milestone.

ok, so the correction in #BTC happened. I expected the round number of 9K to be hit before the fall but it reversed after reaching the static line of 8400.

now I expect the price to stabalize above the blue area I have highlighted. as long as it doesn't fall below 5600, I see no reason for concern.
the blue area is the ideal price level for entry if you want to trade it, with a stoploss behind 4600. the new bull target imo is 11500 (with minor resistance around the 10K price -purple line-). (then again we will see a correction to 8000 price range, before another bullish move higher if demand stays high.

This week’s significant economic announcements and the currencies affected are listed below. You may want to factor them into your trading decisions this week.

Monday, 20th May
02:50 – JPY – GDP

Tuesday, 21st May
04:30 – AUD – Monetary Policy Meeting Minutes

Wednesday, 22nd May
11:30 – GBP – CPI
21:00 – USD – FOMC Meeting Minutes

Thursday, 23rd May
09:00 – EUR – German GDP Detailed
14:30 – EUR – ECB Monetary Policy Meeting Accounts

Friday, 24th May
01:45 – NZD – Trade Balance
02:30 – JPY – CPI, Overall Nationwide

#GBPCHF - Daily - Expanding triangle (megaphone pattern) on its 5th wave.

This week’s significant economic announcements and the currencies affected are listed below. You may want to factor them into your trading decisions this week.

Monday, 3rd June
09:30 – CHF – CPI MM

Tuesday, 4th June
07:30 – AUD – RBA Cash Rate
12:00 – EUR – Unemployment Rate

Wednesday, 5th June
04:30 – AUD – GDP
15:15 – USD – ADP Nonfarm Employment Change

Thursday, 6th June
04:30 – AUD – Trade Balance
12:00 – EUR – GDP Revised
14:45 – EUR – ECB Deposit Rate
14:45 – EUR – ECB Refinancing Rate
15:30 – CAD – Trade Balance

Friday, 7th June
08:45 – CHF – Unemployment Rate
09:00 – EUR – German Trade Balance
15:30 – CAD – Employment Change
15:30 – CAD – Unemployment Rate
15:30 – USD – Non-Farm Payrolls
15:30 – USD – Unemployment Rate

*All times are Server Time (GMT+3).

Sorry everyone for not being active here.. I've been busy with preparing my course and website for a summer-camp type of class with my students.
hopefully by the end of the summer I'll have my own gang of top notch traders and I'm hoping that we can slowly create a network of traders from all around the world that are effectively helping each other not miss any decent trading opportunities.

The other thing I wanted to talk about is the fact that I'm prepping for a algotrading contest in Iran which will happen in 6 months, and I'm also planning a trip for this fall to a couple of neighboring countries of Iran to meet with some friends and clients for my other gig (I'm also dabbling in a real estate project on the side), so most likely, my mentorship program will run for 2 semesters only in 2019, one during this summer, and one during the fall.
so if you want to participate in it, make sure you get in either this summer, or this fall, cause most likely, there won't be a winter semester this year.

oh I almost forgot to say this!
please subscribe to the newsletter of my website (linorth.com - bottom of the page) so I can just send out a newsletter instead of this long rant on my channel! lol Thank you.
I will try to be active more on the channel and share more analysis with you guys.


Thank you all for the support
Regards
@Linorth

#BTC just hit $11500 target I had, now I'm watching it closely, because a sustained move above the 12K price will makes the new bull target the $15000 price range (the blue area highlighted on the chart) while a correction will aim for $8700 price area (or $7000 if the bear move start strong)

we need to make sure if the gaps upward are from buyers getting desperate for jumping on the bullish wave, or they are measuring gaps from the price racing towards a major supply area.

I think btc is getting more and more recognized as a mean for storing value, so its likely that with the rate cuts and USD getting weaker, we witness a raise in the price of BTC and Gold. when the direction is clear, the key is just getting in on the right prices, so you can have a proper stoploss and avoid getting stopped out by the fluctuations.

#BTC > $13000!

first target $14500.
second target $15150
third target $16400

new batch of #Orderflow info.

#EURUSD
💶💶💵💵
1.1297 ($1B)
1.1400 ($1.6B)


#USDJPY :
💵💵💴💴
108.050 ($750M)
108.530 ($520M)
109.000 ($1.6B)


orders are good till the end of the day.

a couple of members asked me about it in private messages, so Im answering it again here.

if you want to buy BTC, My suggestion for entry price is between $9700-$9100 area.
with a stoploss behind $7300.

first target is a retest of $13900 and the rest of targets I have mentioned in that previous post. ($14500, $15150 and $16400)

touched $9600 and ran up to $12000, currently price is a bit above the 1:1 target with regard to our stop being behind $7500. the next target (1:2) would be $14100 and after that, we can hope for the 1:3 target which will be $16100.
there we will most likely see a big correction again to $9500-$10000 area and then we can shoot up for a new higher high which Im guessing could be at least $25K.

gave us about 300 green pips and now I think its time to get out. usually the 5th wave of a megaphone is the strongest so even if it falls towards the 1.22-1.23 area, the reaction to that level could be very strong (considering the recent news about attempts for blocking a no-deal brexit, its not that unlikely for us to see some positive moves on the gbp cause of some news titles)

This one also fell as I expected, but due to recent comments from Trudeau, I no longer think its viable to keep the shorts till 1.27 area, so if you have entered with me at 1.345, you should set the target on 1.289 (or close out here, its still a 1:4 winning trade!)

it can still go further down of course, since CAD is getting stronger and USD weaker, but I will wait for it to make a clearer pattern for moving down, or at least a good break below the 1.288 line, and then I will look for a new chance of shorting it.

Hello everyone,

Sorry again for not being active, my life was in shambles and it took me way too long to sort things out.
I've created an exclusive private group for my students for the mentorship program (members who have bought my advanced price action course), to keep the conversations related to that subject separate from this channel so I can get back to the good ol' days of sharing only technical analysis on this channel.
I think I have sent out the link of the group to everyone, but if I have bought my course and I have missed you by any chance, feel free to send me a message so I can send you the link too.

I have some charts ready for next week, like crude oil chart for example, which I will upload tomorrow so you guys can get on them on monday if you want.
but what I really wanted to talk about is the fact that I have noticed some people are taking my charts from this channel and share them on their own telegram channel without even having the decency to redo the same analysis on their own charts.
I honestly don't mind anyone using my analysis, cause if I did, I wouldn't have shared them for free in the first place. but I just want to ask you to pelase if you use my charts on your own channels, at least keep a link to the source (my channel) on the buttom of the post. thank you.

Looking forward to start the next week with you guys.
have a nice weekend

Regards
Linorth

#WTICrude #Oil - Megaphone pattern on its 5th wave.

the fall in the price is mostly due to the market's hope for a deal between US and Iran, which would mean that Iran's oil will increase the supply in the market.
I don't see the current government of my country making a deal with trump, specially since the US expects Iran to get out of Syria which is very unlikely to happen to say the least 😄

so in short term, I expect the 5th wave of this pattern to reach its target when tentions around strait of Hormuz.
and even if it somehow breaks the pattern and falls further down, I don't see it getting passed that blue area I have highlighted on the chart.