Cryptocurrency Practice #3 TRON has multiple levels of take profits depending on how bullish you are on the coin. Good strong hold for long term as well. Confluences: 1. ATR at lows. 2. Confluences with eventual BTCUSD rise. 3. It is looking to break from YEARLY CAM R3 and pivot point. Showing lots of bullish momentum. 4. Possible double bottom formation on...
Stock Practice #3 Multiple confluences of bear trend - 1. Creating a picture perfect Elliot wave pattern called Impulse Wave Ending Diagonal. 2. Could also be called a rising wedge that will produce a bear trend. 3. Bear divergences occurring in multiple time frames. 4. ATR at mutl-year highs, could help with the breakdown of the rising wedge pattern. Wait for...
we can see a Divergence in MACD in H2 H4 D there is a down crossing in MACD line. the CPR has twisted and the TC is at DOWN side weekly CPR is signaling for a Bearish move we can see the price is at 0.618 level of Fibonacci which is generally known as a reverse level so it had done its retracement and we are expecting reverse to appear DXY is bullish today the...
Price broke through monthly camarilla S4...I target S5 Pronounced AD and OBV volume-downtrend on 4 hrs. AD pulled back to its 10 ema. Price below bearish kumo and below bearish tenkan-kijun clouds
if it can break above the CPR then the scenario changes, but as long as it is bellow the CPR we are expecting a renege fallowed by a down trend, if it breaks the support line and goes down till it reach the lower band of the channel