$CHR broke out the upper line of falling wedge and touched the first resistance zone as I expected, current support is around $0.35 that may touch another time then go upward to reach $0.5. in weekly time frame I can see a inverted head and shoulders pattern that $0.5 is its neck line, a break above this resistance can lead price toward $0.79 that is the...
Chromia is trading within 3 key levels. We recently rejected the 50 fibonacci before breaking down out of a short term bullish trend.
We are looking for further bearish momentum back to the 0.24 level.
Watch for bear flags and take Chromia down.
Liquidity Pools : A short Explainer
A liquidity pool is an area where retail traders have pending buy/sell odrers
MM always need to pair their buys with someone sells , and vice versa - they 'engineer' liquidity
If they want to go long, they create conditions whereby retail traders think price is going lower
If they want to go short, they...
CHR charts looks very good
Finished from wave 2 and soon will start the trip of wave 3 which will target 2.3$
After that maybe we will face a correction to wave 4 which will target 1$
Then target 4.5/5$ the end of the trip
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...