Have been following EURUSD some. Still newer to trading. However, I do see a gap in the market lower down on the weekly. Price may come down to there. Was looking for a sell setup as a previous buy from a couple weeks ago did not pan out. And here, we may have made a new lower high before dropping down again. Taking the fib tool and we can see how price has...
I'm hypothesizing 2 potential breakout zones of the 1 day falling wedge price acton appears to be in. Still have 2 potential bear targetts currentl in play as well.
While I do believe you should always have a bear and bull scenario. The bear scenario for this if it will break support which is inline with the Fibonacci ratio. Using Elliott Wave Theory after an impulsive 5 count (1-2-3-4-5) movement. Likelihood of the price action correcting is high thus followed by an ABC classic ZigZag pattern which is a 535 pattern. Inline...
Please leave feedback and opinions if you disagree I'm open to criticism. like or follow if you agree. And I'll return the favor. The above chart is based on the line break technical analysis. I have drawn out the forcasting Bollinger band path of movement. 1 day chart we have bounced off the 20 day moving average, we are now below both the 20 and 50 day moving...
short it. the bankers wont let bitcoin grow, So we short and give arthur hayes money instead when he liquidates our positions.
Breakout of falling wedge can trigger a trend reversal which can easily give us a 100% profit in the midterm
A great sign as it appears BTC is finally breaking up from it's falling wedge. It appears the biggest of the potential falling wedges(the dotted purple one) may be the most valid...in which case the projected break out target is around 10.6-10.8k. This should allow us to break up from the 1 day charts green bull pennant too at the very last minute which should...
BTC is continuing to go toward the upper border of the falling channel. Buyer is dominating so far. The main resistance stays at the upper border of the channel. If we break it - the upper targets will be open for us. Good luck everyone!
Bir cok altcoin haftalik grafikerlinde yukselise gecmek istiyor. Hacim güzel. Gunluk gorunum ve hedefler burada:
Let's see what will gonna happen i.hizliresim.com
Falling wedge and a divergence suggests that there is a pretty high chance for a breakout soon.
When we look to the 4 hour chart, we can see a head&shoulders pattern is forming. First shoulder started July 17th and ended in July 28th. And than head formation started in July 29th and ended in August 15. Seems like second shoulder has also started in August 15th. We can guess that the second shoulder formation would also take around 11 days as well, and the...
No guarantee it will follow through and I'd like to see a slight bit more volume to confirm but it appears we have a 4hr chart diamond bottom breakout. If so it should reach the breakout price target I have posted here and I expect then on this current pullback for the yellow horizontal trendline at 9646 to retest as and maintain support in which case we will then...
after the 3hr50ma refused to submit to the bulls at the invh&s neckline thee bears dumped it below the head and nullfiied the 4hr falling wedge at the same time. This is a great example of why selling at a neckline in a correction phase like this can be a very very smart move if you set a smart stoploss buy-in a few pips above the neckline. Since the smaller time...
After seeing price action climb up and reject right at the top trendline of this falling wedge then fall back down and find support right at the bottom trendline of this falling wedge I can now say with a fair amount of certainty that the h&s patterns were decoys cloaking this falling wedge which seems to have now emerged as the most legitimate current chart...