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Expandingendingdiagonal

GOLD Expanding Triangles and Ending Diagonal Pattern Ideas.GOLD possible forming an expanding bullish triangle pattern now at wave b (Green Circled) where price still consolidating AND Gold price will be having possibility "return back" to 1790 Zone again after breaking recent high at around 1834 As previous many daily bar closed above 1790 with long wick. ALSO we might be having "Roller Coaster" ride trade in gold in next few months as Gold Price might be forming an expanding ending diagonal pattern in wave (C)(Cyan/Light Blue)
FX:XAUUSD
by SteveTan
$BTCUSD - Bitcoin will hit $19652Hi guys! 👋🏻 🔔 Bitcoin is an asset-champion this year with a YTD return of 160%. Analysts of major corporations like J.P. Morgan say that Bitcoin may double or triple in the coming 3 years. 🔔 Since Gold is centralized as it is owned by Central Banks and Bitcoin is not, Bitcoin attracts more and more investors, evading the volatility that government organizations may incur. 🔔 Many analysts are bullish on BTC/USD and many predicted that the price will hit $20 000 by the end of the year, which still looks achievable. 🔔There are two patterns to watch in this price action of the pair, one of which is an expanding diagonal, the other is a parallel ascending channel, both signalling the continuation of the bullish run. 🔔 There are two major resistances up ahead, one of which is the area of the previous high of $18 970 and $19 000 and the next is at $19 652. See bullish confirmations on an Hourly chart 🔔 MACD on an Hourly chart already is about the signal line, and there is a strong support by EMA50 and MA100. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSDLong
by azizelliott
Maximum pain with an expanding ending diagonalBitcoin: Hidden Bullish divergence on the 12H RSI, confluent with trendline support of a potential expanding diagonal triangle to complete wave 1 of a larger 5th/C at around $13k. Expecting a SFP rejection from $13k and a short-term correction to follow with major support at $11.1k and confluence of major support between $10.2-10.3k where there is a strong weekly level and a 4H order block which I suspect will be tested. Should only be a wick to these levels with $10.5k holding on a higher TF close. 12H Hidden bullish divergence:
BITSTAMP:BTCUSDLong
by Piggy_Profit
1
$WTI Daily Chart.More downside, Eyes 36.00 | #crude #oil #USOilTraders, USOIL corrective structure A-B-C (circle) since 09.06.2016 is close to ending, after a last drop, when C-wave (circle) completes as an expanding ending diagonal. A-B-C (circle) possible expanding flat corrective structure pattern. 1- Wave-A (circle) developed into a ZigZag pattern, internal 5-3-5 structure ending at 39.23 2 - Wave-B (circle) developed into a ZigZag pattern, internal 5-3-5 structure ending at 55.21, right on 23.6% fib extension of wave-A(circle) 3 - Wave-C (circle) possible expanding ending diagonal, internal 3-3-3-3-3 structure, targeting 36.00(+/-), where 23.6% fib extension of wave-A(circle) is, 61.8% fib retracement of 1-5(circle) impulsive motive and also it's where (i) to (iii) equals (iv) to (v). Another close target could be where 4-wave's (circle) low is (35.27). After completing this downside, watch for the next uptrend start, and buy the next (C) wave. Trade with discipline. Best
TVC:USOILShort
by ChrisMark
6