BCH is forming a symmetrical triangle, and we are at the very tip of it. That means that correction is almost over! When the wedge formed between August to October, the price exploded afterwards! We are now forming a very similar pattern. There is no reason to think that the same thing wouldn't happen to BCH. The RSI is showing the same thing. The RSI is forming...
BCH just completed 12345 impulse wave and is experiencing corrections. Wave A (12345 impulse) and B (abcde corrective) are completed and using a 1 to 1 fib extension, we get a target of 1350.
Hello Traders, Long-term EURUSD pattern. I highly appreciate your thoughts on my analysis which I anticipate to be a running flat correction. Thank you.
Hello Traders, Long term long EURUSD Set R:R accordingly. I highly honor your reflections on my analysis. Thank you.
This correction looks to be coming to an end and we may see a break out Bullish 3-3-3-3-3 pattern almost completed
Just showing what my other theory looks like with the current correction we are in. This isn't really a price projection, more of just a general trend projection.
There is a possible Triangle consolidation pattern. Target is located at the 1.2250-1.2350 area.
Just looking back on history, I see an ABCDE wave with 3 lows. Sometimes history repeats itself. Wouldn't be the first time. Just another possibility of the corrective trend we are in right now. If this is the case then we are in for another low point (Which holds true to the general 1st scenario I posted), and it touches the 38.2% Fib retracement. I doubt we are...
Symmetrical triangle forming, volume decreasing, stoch rsi and macd following expected trend. For swing traders, short at 61-62 and long at 55-56
The pair has been in consolidation for the past 2-3 months in what seems to be a Triangle correction according to my own wave analysis. It is now reaching the bottom level of the Triangle (C) and has shown a few signs of reversal and an opportunity to go long as indicated on the chart (Hammer + Divergence). Therefore I'll be waiting for a few more confirming...
the chart is self explaining... Less is More !!!
The first quarter is promising good developments for the DigiByte devs. A close above 30 could signal the next bull up. But if it breaks below 29 we could see 25 - 20 Could also be more sideways in accumulation.
watching the eurusd moving in the channel wait for D level and then long for E level target !!!
Nice LONG setup here. Expecting a small pullback to the green support line signalled by Stoch and soon RSI , although looking at past patterns in FCT this could well shoot up before that. There is space here to make some profits as we climb to D with a sell and re-buy at E. Stop-loss could be just under the green line drawn however this could be a bit tight and...