If someone used harmonic pattern in previous briefing, now, may take 3~4% profit. if you want to read only for 'repeated pattern', go '4.Etc.'. Let's start the analysis for BTC/USD chart. If you are busy, you can just read below briefly '1. Briefing ' '5. Summary and Strategy' and '4. Etc.' either in this briefing. before read, click '+Thumb up, +Follow'...
AUD/USD Harmonic Cypher, D1 strong Support Bounce, W Bottoms, Bullish Engulfing
As we can see almost all the alternate coins are showing exactly the same pattern after the starting of Bitcoin's downward trend since May. Actually you may get almost on all top 100 crypto-currencies the same pattern in the following 1 to 2 weeks. The same falling wedge pattern is shown in PTOY chart. This time the bullish engulfing candle stick also give a...
Penny stocks are all the rage right now, in the wake of penny stocks moving 200% and 1000% like PED and CEI could GLOW be next? Here are some levels to watch when GLOW wakes up. GLOW sports a thrifty P/E of about 1.
We are reaching strong support lines, volume is at its lowest and we had a long bear cycle of almost 2 months.
It seems during btc downtrend since Jan, out of 14 bullish engulfing candles on daily, only 3 has failed. #1 was a no brainer bad trade as it was near resistance and had no clear down trend before. #2 was false signal #3 stopped out before going up Now we find ourselves on a daily engulfing on major support at 7k. And we are having a pull back. This is a good...
Stellar looking stellar as wave up pending possible confirmation of support. may take another week to play out.
KyberNetwork/Bitcoin New trading suggestion: The price is in an up trend and we forecast the uptrend would continue. But there is possibility of temporary retracement to suggested support zone (0.000235 to 0.000187), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.000235)...
strong reversal pattern looking for confirmation and support at higher support level
Update on BTC and highlighting that I'm looking to start implementing supply and demand zones within my trading strategy. I've been looking and studying S&D for a little while and feeling confident to start adding it to the mix. My overall goal is to utilize it and candle patterns as my main strategy. As I've mentioned before 99% of indicators are lagging and...
Bullish engulfing & price action the last days of this week, breaking out of its triangle pattern.
Entry- 1.2422 Target 1- 1.2392 $1,180 Target 2- 1.2363 $2,372 Stop Loss- 1.2463 $1,628 ATR- 11 Risk/Reward- 1.5 $400,000 Retest Of Structure Within Trend Condition. Stop Loss order will be rolled to entry price (break even) After target 1 is reached.
MAJOR REVERSAL CANDLE ON 4 HOUR TIME FRAME END OF THE DOWN TREND! START OF A NEW AND STRONG BULL MARKET! BTC/USD BULLISH ENGULFING! BEST TIME TO BUY! PROJECTED PRICE OF BITCOIN BY DECEMBER 2018 ~ $55,000 USD
BTC/USD weekly candle closes green, forming a morning star candlestick pattern. Looking at the past, a weekly bullish engulfing candle followed by a morning star lead to massive rise in price (see green arrows and yellow circles). We may see a similar pattern from here on out. Also, the volume profile of both morning stars gives further evidence to the...
AMP is showing a bullish engulfing candle on the daily. If we can close above the previous days high, the next few days could get impulsive up to previous resistance for a 50%ish move
Long with a 2 to 1 profit to risk to the marked target. All entry rules met. Required a pullback and order filled easily.
First green day for IMUC since its BO. Close today above 50dma.