After an swing upward, price fail to reach at least 33k region. Candlesticks inverted hammer & doji consecutive after an peak, bearish. Neckline: the priceaction will reaction from this and pullback to test. Expected a head in formation. Head and Shoulders correction in confluence to triangle. I've wright in baloon 'if price... breaks down... confirm...
I'm updating my chart adding one more Fibonacci retracement target. As we can see the price has been rejected from 78.6%. From the last post: Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss...
Price action has been rejected from 88.6% - 78.6% range, 15M overbought. Ttarget at 14.6% of Fibonacci retracement (28.7k). Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss in the market. 88.6...
I'm updating my targets from this harmonic pattern AB=CD at 3.33 Fibonacci ratio plus one more Fibonacci Retracement level.
The market is falling. After the target reached I'm have a new target at 14.6% Fibonacci Retracement. My prediction about the trajectory with Fisher Transform was accomplished. Major tendence is bearish;
DARUSDT will retrace. 1$ is a worth. Oscillator: Ehler's Fisher Transform crossing. Bearish momentum and big SOW. Target at 14.6% key level in convergence with local support.
Triangle breakout on this H1 chart volume decreasing with Chaikin Money Flow falling below zero. 38.2% Fibonacci Retracement key level to watch for retest. Big show of weakness. Big selling pressure. 14.6% Fibo target maintained in confluence on this triangle pattern. 2nd target below on AB=CD pattern in confluence with local support as we can see in my last update today.
LINKUSDT Fibonacci 88.6% - 78.6% range foor short position. Target at 14.6% level till daily close. Oscillators: Ehler's Fisher Transform & Fisher Stochastic Center of Gravity.
Scalping Volume Weighted MA + AB=CD pattern projection. Self-explanatory. For educational use only.
TARGET IS SOARING EAGLE COMPLETION - EXECUTE BUY 1.4/1 RR PROFILE