mirroring

MagnusTradingGroup MagnusTradingGroup BTCUSD, 240, Long , 2 years ago
BTCUSD: Mirroring, Harmonics & Expansions
1170 4 18
BTCUSD, 240 Long
Mirroring, Harmonics & Expansions

I expect a mirroring of the price action from the left side of the B point. Thus the CD leg should have the same (negative) slope as the XA leg. Then I noticed that it would form a harmonic pattern and I checked out the harmonic ratios. Turnes out that all are fib ratios. The OTE sweet spot is actually a fib ratio, too, but not many know it. Out of interest I ...

MagnusTradingGroup MagnusTradingGroup BTCCNY, D, 2 years ago
BTCCNY: Mirrored Fractal
2215 5 27
BTCCNY, D
Mirrored Fractal

We seem to be mirroring the price action from the left side of the triangle. Potential rally incoming ! Watch the falling wedge. Best long entry at triangle bottom. Keep adding to your long if price bounces and breaks out of the falling wedge. Tight initial stop loss. If price fails to break out of the wedge take profit / get out at breakeven.

Emanance Emanance BTCUSD, D, 2 years ago
BTCUSD: Is The Ultimate Question Being Answered?
785 3 16
BTCUSD, D
Is The Ultimate Question Being Answered?

Price discovery being what price discovery is, has the market just had it's question on fair market value answered? In this twilight zone, beyond the safety of any defining trend lines, between the never regions of longterm Fibonacci retracement; Symmetry might be all a Bitcoin bull has left.

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