Chart depicting orthocenter derived from multiple major moves in price action, obit rings set on sixths. Bisecting the inscribed triangle produces angles which are clearly acting as support and resistance, shown here in green. It is too early to make predictions at this point. Not trading advice.
Torey industries, Tokyo - 1 Hr sell trade will be about to trigger, as the stocks is in downtrend and underpeformer than tokyo index JP225. Check the count as i am thinking of going to short within 1-3 days after confirmation in smaller time frame. Will see what happened next.
I made this gold chart with jnug overlay. It's my first real attempt at making and publishing a chart. I noticed that the jnug overlay really brings out a head and shoulder pattern under-lining the gold movement over the past few weeks. It's kind of rudimentary but I think we will see the inverse head and shoulders with the right shoulder beginning a new 12345...
Very bullish for CHZBTC. Go Long! Forming a Bearish Gartley, needs to form another impulse wave.
We are targeting the 0.50 and 0.618 fibs here so 27-30 and will leave 20% run if it goes more. I was in this at 18 sats patiently. Main net coming in June so we are seeing that run up to it should see some nice SAT stacking opportunities here! Trade, Chart, Learn, Repeat Coach K
Eurusd fail to break the support line to the downside. It will move up to 1.0920. Hit the like button if you find it helpful and informative and follow to catch every wave correctly. Previous analysis
Still bearish on this pair. Price is respecting the current resistance level. Ending diagonal signifies a dramatic reversal ahead.
Another possible retracement play on GB [USD, lining up with a resistance area, fib level and 200day MA. Could see sellers look to add positions around this key area. Will be waiting for rules on the 4HR to be met in order to place trades.
4 HOUR CHART Next week the USDJPY pair will start retracing the 112.214 top done the 20th February after hitting the 105.4 strong support on Friday (5 months lowest). Price are bouncing on this support and will target 106.698
WEEKLY AND DAILY TIMEFRAME - Seeing a series of higher lows 4 HOUR - Double bottom - Would look to enter at the 119.25 area
Daily Chart: Price action is touching higher timeframe trendline en will have higher probability to come down again. Also M in production to produce its third leg down. With Fibonnaci in place, my projection TP is back down to the 100% fibonnaci. Wait on Price action on the 1 Hour Time Frame. (Sell position)
Bounce from FIB Line towards next FIB line ==> RETRACE ==> SUPPORT at/above previous Resistance ==> Ascend towards next FIB Line XBT make FIRST attempt to FIB Line then RETRACES then SECOND attempt BREAKS RESISTANCE 11000 USD in LATE FEB / EARLY MARCH
It looks like it maybe completing the final push to finish wave V of C. After this push, I am thinking of shorting this with 3/20, 300P when we hit 337-338.
I had previously drawn a cypher pattern where by I got the amount of profit i desired, however the market couldn't cross the "C" point suggesting to me that market wants to go down. I have drawn fibonnaci levels and between 0.618 - 0.786 is my buying area.
EU Short Idea MAJOR bearish resistance is right above current price action. The overall trend is very bearish on higher time-frames and we may be seeing the next leg down form very soon We saw rejection and lower high formations after the daily resistance zone was hit. We’re now looking for a retracement to either the 38.2% or 61.8% fib level on the 4hour before...
A lot of Fib levels hanging around underneath the psychological $300. I'll be playing it short with PUTs inside that red box.
again, nice time chart, to press play on, for your viewing pleasure