Dear Traders,
Good afternoon,
today I'm bringing to you this fantastic analysis where we can see the three analyses correlating that is creating a strong support zone:
Deep Bullish Crab@1.618;
Support Zone;
and Uptrend!
What I expect here is the price to test this entire area and
then we can see a reversal of the trend and in reality this is a retracement of the uptrend.
Many factors are showing that the probabilities for the price to reverse are high,
that you can see right now how the price it's behaving in this area.
Rules:
1. Harmonic Patterns Completion - Done;
2. UpTrendline Test - In the process
3. Support Zone Test - In the Process
4. PRZ Hit - Done;
5. PRZ Test - In the Process;
6. Terminal Bar - Waiting;
7. Type-1 Reaction - Waiting;
8. Type-2 Reversal - Waiting;
9. Candlestick Reversal Sign - Waiting;
10. Candlestick Confirmation Sign -Waiting;
11. RSI Reversal Sign - Waiting;
12. RSI Confirmation Sign -Waiting;
13. Risk Management - Applied;
14. Risk / Reward - 1/3.
" And So we know and rely on
the love God has for us.
God is love.
Whoever lives in love
lives in God. and God in
them"
1st John 4:16
Good afternoon,
today I'm bringing to you this fantastic analysis where we can see the three analyses correlating that is creating a strong support zone:
Deep Bullish Crab@1.618;
Support Zone;
and Uptrend!
What I expect here is the price to test this entire area and
then we can see a reversal of the trend and in reality this is a retracement of the uptrend.
Many factors are showing that the probabilities for the price to reverse are high,
that you can see right now how the price it's behaving in this area.
Rules:
1. Harmonic Patterns Completion - Done;
2. UpTrendline Test - In the process
3. Support Zone Test - In the Process
4. PRZ Hit - Done;
5. PRZ Test - In the Process;
6. Terminal Bar - Waiting;
7. Type-1 Reaction - Waiting;
8. Type-2 Reversal - Waiting;
9. Candlestick Reversal Sign - Waiting;
10. Candlestick Confirmation Sign -Waiting;
11. RSI Reversal Sign - Waiting;
12. RSI Confirmation Sign -Waiting;
13. Risk Management - Applied;
14. Risk / Reward - 1/3.
" And So we know and rely on
the love God has for us.
God is love.
Whoever lives in love
lives in God. and God in
them"
1st John 4:16
Comment:
It's to be that we are going to have the type 2 reversal soon, keep following it!
Comment:
Look, this the second test of the PRZ, wait for a confirmation to get long again!
Comment:
Double Bottom and then continuation of the Trend, there we can also see the type 2 reversal!
This is amusing!
This is amusing!