BITFINEX:BTCUSD Monthly Analysis - Just Refresh Potential Bullish Shark Pattern 0.886 Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886 Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonacci Retracement Levels Hello.. there is no necessary update from previous weekly chart analysis and Hopefully it will...
BITFINEX:ETHUSD Monthly Analysis - Just Refresh Potential Bullish Shark Pattern 0.886 Potential Bearish Bat Advanced Formation Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonacci Retracement Levels Hello.. there is no necessary update from previous weekly chart analysis and Hopefully it will stay this way...
BITFINEX:ETHUSD Weekly Analysis - 1 Hour Time frame Potential Bullish Shark Pattern 0.886 Potential Bullish Butterfly Advanced Pattern 1.272 Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonnaci Retracement Levels Hope for the Best and prepare for the Worst This is an update from previous weekly chart...
BITFINEX:BTCUSD Weekly Analysis - 1 Hour Time frame Potential Bullish Shark Pattern 0.886 Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886 Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonnaci Retracement Levels Hope for the Best and prepare for the Worst This is an update from previous weekly chart...
Hello traders! Today we will talk about metals, specifically Copper. Metals are in a big rally and everyone is looking for a potential resistance, especially on Gold and Silver! But, Gold and Silver are quite unclear at this stage and it's hard to predict, where are they going to stop, so in our opinion, it's always good to take a look at correlated markets and...
a potential buy opportunity to catch wave C or 3 also note pink wave B or 2 almost hit the 38.2% retracement level pink wave B or 2 is an expanded flat, where blue wave {c} = approx 1.618 blue wave {a}
If you consider UCAD to have made a leading diagonal (I do) then it just came of exactly the 27% extension of an expanded flat correction. In that case, we do not need to break the high and it can go all the way down to break the trend line from right here. The price action channel going up is very corrective and needs to at least correct itself at some point, but...
Common Fib relationship says wave (c) could be 1.618 times the length of wave (a) sometimes ends beyond the end of wave (a) by 0.618 times the length of wave (a)
Dear Traders, This is my first idea and I hope to receive many comments in order to discuss together what is going on with BTC. Since I got lost when we where at 9k levels, I went back to my book and I feel like we are going to see and expanded ABC flat correction for my primary wave 4 . In expanded flat corrections with pattern 335 (abc,abc,12345) wave (B) goes...
not very confident about this expanded flat count but it is possible. if the rally from 11726.6 is the first wave of final 5, we should expect another wave ii pullback that may offer opportunity to trade for the upside.
if wave (c) equals 1.618 times the length of wave (a), it could reach 133.936 note The internal wave iii of (c) seems weaker than wave i of (c) Wave i high of 131.816 is the key support, break below this level could signal further downside potential
expecting another decline to follow once the corrective pattern is done
Just a simple correction with a bigger expansion for the C wave. Let's see if the upside works out!
After a series of failed trades im ready to enter this trade. A nice expanded flat is near completion. Price is finishing wave 2 (red) then wave 3(red) should follow. Target for wave 3 (red) is ideally 1.3970, more than 500 pips! Best regards.
If you are going to tell me that a double top pattern is forming, then you are very correct. There is an obvious double top forming, and I can see that. The RSI, MACD, and EMAs are also bearish, and I can recognize that too. Call me crazy or whatever you names want, but I still think Ethereum can go even higher in the short term. I base my analysis primarily on...
Tenemos la formación ya de una corrección ABC, pero se que todavía no esta finalizada porque sigue habiendo divergencia en MACD, lo que nos confirma que será una Expanded Flat. Después de esa onda C, buscaremos una entrada en cortos en algún lugar del nuevo impulso, con un Take Profit en el -27% de Fibonacci. ----------- We can see an ABC pattern, but I know it...
A perfect expanded flat at 0.61 fib. We could catch the big wave 3 now. Risk low, big reward (loosing is part of trading) Lets see what happens. Best regards.
looks like a consolidation for a continuation of the downside