On the GBPUSD 4 Hour chart, there are multiple indications that there will be a bullish move soon.
1) There is a bullish 3-Drives pattern. Price should move higher to at least the 38.2% Fibonacci level.
2) There is a trendline which has acted as resistance and tested multiple times. It is likely to attract price and be tested again.
3) Stochastic (default...
hello guys...
I predict a three-drive in BTC
as you can see in the pattern we can respect 3-5 drives as well
get a confirmation and then get a short position until the price touches the gray area
be lucky!
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer...
BTS/BTC is potentially showing a Bearish 3-Drives or Bearish Wolfe Wave pattern, although the ratios aren't perfect they are quite close to 1.21 retracement. BTS might potentially go a little higher to make the ratios the same at 1.18 but otherwise I think that it will drop to around 0.00001236 BTC and retest the current bottom of the range it's in.
Left is a...
