hello guys...
do you think it is a crown pattern?!
I know the D and F waves didn’t finish at the same level, but I suppose we can ignore it!
if it is this pattern we can assume this coin wanna touch the 52k area!
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❒❒❒ If you have any questions, you can write them in the comments below, and I will answer...
This structure appears before massive selloffs. Strong resist at 4385.
Today's (10/16) gap & go rally may well be a last gasp for bulls.
If we don't get a breakout 10/17 we gonna see a big dump into EOM and FOMC.
This is a really risky time to be in here. Good luck if you try to play. I'll be short.
Crowning again. Top looks like June H&S before the swoon. Christmas Crash again? 2018 redux. Not betting on Santa this year.
Massive gap to fill, a gap down will leave an island reversal. probly not a great time to get long imo. Cash is a good position.
On the 2h timeframe BTC seems to be stuck in an ascending triangle on 2H TimeFrame
If this is confirmed then we can as well embrace for a breakout after 22.4k. This will open up a small spring for BTC
MACD indicates the ending of a selloff
Bollinger Bands median is low within the Bollinger Bands range
RSI trend reversal with room for growth
Resistance is small...
Fundamentals :
See CAD data. I do not like to pin the USD with the CAD...but this is an exception..
Technicals :
Crown
Hidden Divergence
61.8% pullback
Engulfing Bearish Candle
Volume divergence
Target: 1.2300
Hello traders!
This is a different type of Pattern than the Head and shoulder Pattern. First of all, I must inform you that if you want to grow your account then do the opposite of what so-called gurus told you. I know how they are spreading false methods and people are losing lots of money even they follow perfectly what they are taught they will still lose...
Clear head and shoulder pattern forming on SPY. With the semiconductor earnings on the cards this month, that could be the catalyst that fuels us to the next bear market.
Target 1: 244 by May 1
Target 2: 263 by May 10
Target 3: 218 by May 30
Timelines may vary but I'm assuming we will retrace every significant highs and lows.
Doji on April 14, making top of crown (trend reversal). If tomorrow is not hugely green, we may have reached the top of bull trap and follow the crown curve to 264 and eventually to 246.
Keep in mind there is always the Fed and trump tweets to work against TA but all signs point to reversal.
Testing ichimoku cloud resistance April 15,16 as well. Tested 0.5 fib...
EURAUD Is Inside of A Wedge on The Daily Frame
On The 4 Hr TF The Market Has Formed A bearish Crown With In The Daily Wedge, The Market Already Formed The Right Tip Of The Crown in The 4 Hr And Broke The CTL With A Bearish Piercing Line Candle Formation
We got a lot going on with the EURAUD that's showing Bullish signs for the next move.
on the Daily we are at a Major support level from its long term channel, the market tried to break it last week but ended up closing with a bullish Engulfing CSF creating a double bottom.
Now on the shorter Time Frame the market has already entered in the buy zone with a bullish...
GBPCAD is bouncing off at a major weekly support level.
The Daily Time Frame has formed a Bullish Crown Formation, with the right tip equaling the left tip to the exact level,
if the day today closes with a green Bar and a healthy Volume it can be a good entry point to ride it up to the next support to become future resistance on the daily ( see marked green...
