jorgearias5
Long

Bullish Pattern

BTCE:BTCUSD   Bitcoin / Dollar
138 2 5
1. the WRB             is a candle that indicates buying stength, this could give a signal
for the beggining of an upward movement

2. the movement between HL1 and HH1 has overtaken important left pivots ( see LHs),
this is considered as a possible beginning of an upward movement in this frame time.

3. The higher frame, in this case the 12 hrs             frame time ( I use 3 frames time to identify
the probabilities http://screencast.com/t/ySVz4Wb2Ak ), shows an WRB             , also indicating
the buying strengt and the moving averages shows a signal called divergence average,
wich is an oversupply signal that indicates that buyers are taking back the market control.


Basically it was very bullish since the double bottom:

Buy now! New uptrend starts here at USD 400 , CNY 2350
Reply
jorgearias5 ChartArt
agree, but it is important to do the hypothesis before the movement begins
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out