The rebound is not over. It looks like AB = CD. At present, I am bullish. But the current decline is very severe, for reference only. In the future, it is likely to fall sharply.
BTC completed a Bullish AB=CD pattern. BTC wicked below what was the 1.272 Fib extension. Personally I didn't think we'd get her this quickly. It took 9 days to complete CD where before it took 11 to complete AD. I expect a positive move in the short term towards 47k. It also looks like we may be forming a descending broadening wedge which we may be coming...
POSSIBLE BULLISH ABCD BTC IS NOW IN OUR REVERSAL ZONE WITH BULLISH DIVERGENCE.
I wanted to share some possible harmonic patterns in XRP. These are on the 4 hour chart. The first and more obvious one is the AB=CD pattern. If the pattern holds then a move along CD would take us to 1.83 before a reversal. The other pattern is a larger Butterfly pattern. This would extend CD to just over 2.00 or potentially as far as 2.25 before a...
On daily time frame it has made a bullish harmonic AB=CD suggesting a pullback to 48000-52000. One can trail with the lows as stop loss.
Coming off an ugly corrective wave down BTC lost about 35% of its value from its unforgettable run over the past year. The 707 Fib reciprocal 1.414 may be close enough for the PCZ on the daily for Bitcoin. With a bounce off the 200 EMA along with reversal divergence on the oscillators and negative momentum reduction commencing for 1st time in a week it appears...
My algorithm isn't anything new in terms of the idea of picking highest highs & lowest lows to build a zigzag pattern. These have been around for years, however, many are hard to use and have a lot of inputs, or, you have to modify inputs on each chart and timeframe you choose. That is the beauty of my newly created algo, it works on EVERY symbol (futures,...
the chart has all the info you need but if you have any question let me know!
Here we begin the week at the top of a channel, which means it is the best place to go short. Having the channel there tells us quickly the short is incorrect should king price breaks higher - shorts fold. I like trades that are either correct or get right out, but I never like to feel jumpy leaving a trade early (the questioning the exit is the worst part). A...
IF closed above the resistance area and stabilized, it will go to $ 70,000
3 technical signals aligning -The 100% extension from the first swing low from the ATH agrees with the 38.2% retracement of the entire move from March 2020 low to 64900 ATH (this may be referred to as either a 3 wave correction ABC or and AB=CD) -A TD sequential buy signal will occur on the next candle, this signal triggered a +$10K rally back on 4.25.21
Wow... no limits it seems for tech. So, get on board and set your sights on these targets. B3_MEASURED_MOVES ~ SCRIPT BETA TESTING ~ avail-soon ~ cheers! d^.^b
Abcd completion is at 1.27 8% retracement hence it is the target
USDJPY, we see a potential Gartley pattern developing on USDJPY. The traditional entry would be at 0.786(110.22), But the most important rule of Gartley is AB=CD, which occurs at the 0.886 (110.57). The is also close to the March Close, meaning a lot of sell orders will be stacked there. Another reason for entering this would be that a deep correction (50% of the...
EURUSD Sell opportunity with abcd patreen and retest trend target D 1.27
Hello traders, welcome to analysis eur usd in this post pattern; 👇👇 In my opinion, an abc pattern is supposed to be formed in this analysis.At the price of 1.22500, we have a very strong resistance, which is very important for the formation of the pattern The upward trend in price has two modes👇👇 In the first case, the price increases to 1.21750 and needs...