USDCHF: The pair looks to move further lower as it continues to hold on to its downside pressure. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level. On the upside, resistance resides at the 0.9700 level where a break will clear the way for more strength to...
Lets get to know each other better. I am bullish CRYPTO and I am bullish BTC longterm. But I am currently still bearish. Heres why. My opinion is and always has been following an ABCDE correction. Have I called the end sooner than we currently are. YES. I think we all have. But as soon as those 3 waves followed a strong downfall instead of 5 I knew I needed to...
Interesting times for Bitshares and the whole cryptospace in general. I have two big questions at the moment: 1) Will we find support on the green or the red trend line? 2) Have we completed an ABCDE correction?
=Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 - 0.886 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) Bat Pattern confirmations: - A-B must touch 0.5, but cannot...
Hopefully it will go up after touching the D line.
Nice chart descending triangle wave pattern pbs.twimg.com It seem look like at : 3.bp.blogspot.com Wait and see.
Hello guys, It's been a long time since i have published a /BTC pair chart. I don't really like to do it for some TA reasons. But there is a massive pattern we can't ignore anymore. NOTE that the stop-loss is particularly important in this trade : symmetrical triangle can break both way (50%) and for now the volume hasn't confirmed the BREAKDOWN (but volume is...
Hello, everyone, this is my view and analysis on DXY daily and 4-hour chart I think the DXY is in an ascending triangle on the daily chart and after touch bullish trend line of the triangle its will going up also, I saw the nice cypher pattern on the 4H timeframe that PRZ zone of this pattern on the bullish trend line too. in my previous analysis on DYX I...
It was perfect opportunity to buy GU off this fork I have had on it. The abcde pattern can even be drawn differently, as a larger running pattern, both line up. But keep in mind we didn't quite hit the fib level (doesn't have to) and I think we could possibly wind up with a larger diagonal pattern (ABCDE) within this pitchfork. So at this point, wait for a flag to...
E breaks, price reverses, if not in, catch wave 2 retrace. can potentially even go down to break the low and continue downtrend, but take profit on wave 3 and see.
I am not Miss Cleo, but felt this worthy of sharing. Basically GU came off a larger pitchfork median, but has not hit the 50% retrace at the supply zone bottom. It is in a sell right now. I would expect a 1-2-3 move though, so I would think it produces at least a small buy setup one more time. So I will be looking to sell off my trend line if price action and...
As I mentioned in the previous ETH T.A that I did, prior to entering I'll do a daily t.a, and here it is. Just in short key points: -ETH tried to breakout on D, instead formed a bearish wick, and had a pretty touch rejection around 540-550. -Today ETH looks, pretty weak, and over the next few days I could see a possible entry around 380-410 depending on the...
Extremely oversold, quite obvious. The current state of the crypto market, might not allow such a large breakout as in the previous 2 fractals, however this can be a good opportunity for a short to medium term trade. This is just a very short daily update(you can see the original idea in the refereed idea section down bellow). My first buy in's for NEO could...
Something little different that Bitcoin today. I have identify a loss risk trade. Stop-loss is close and possible profit target is lot more bigger. The ABCDE triangle consolidation provide us a decent breakout but this one have been struggle and squeezed by the bigger range. In a range you sell the top resistance : basic rule. I have not a lot of time (i hope in...
#USDCAD Advanced Harmonic Patterns
We should be seeing a large increase in VOLUME from now on since we are at the end of this ASCENDING TRIANGLE on the 2 HR time-frame, which should also break through the top of the triangle on the daily time-frame.