On the daily time frame USDCHF broke out of a 3 wave structure and is currently forming a flag above this structure. A break of this flag to the upside should indicate the start of the move which will complete the larger structure on the weekly time frame. This smaller flag formation needs to complete either a 3rd wave down and break up or 5 waves in total before...
I have been waiting for this setup to confirm. AUDNZD is starting the final wave on the larger structure. We can see the formation of a small flag which is breaking now. I am looking to enter this position and hold to the top of the larger structure. Contact me via direct message for any assistance required Cheers Linton
as we know that our previous analysis on gbpusd has been reached to porentail target. now flag has been made and we have set our potentail target zone. " Potential target is calculated from the previous resistance which has been broekn to previous high"
Got a bearish flag on the OBV. With all the bullish flags being invalidated it makes me think the bearish flags will be validated. This chart is mostly just some points and patterns I found of interest. Not Really sure what to make of it all, what do you guys think? What patterns do you see?
looking to long EU after the break and retest of this bullish wedge.
Hi guys! I found an interesting pattern in Bitcoin 0.68% right now. There is an ascending support line and descending resistance line. I've been trading on them successfully right now, placing buy orders on the low support line and sell orders on the top resistance line, and it worked! Those lines were able to predict them very precisely! So this is nice...
BTCUSD Bittrex 1D up to 14MAY18 1D Chart, also works on 4H, at this time BITCOIN (BTC) has been floating on Resistance line since April 6, gaining strength to go up. Besides, based on the Elliot Waves Triangles we are entering at a CONTRACTING BULL MARKET. This means that the following days we will be seeing how the BTC easily reach 10K. Based on the VOLUME MACD...
ophunters are real quys, perfect example of a beautiful flag setup dipped hard below support right before the breakout. You could tell that once we got huge sell volume on the 2nd smaller flag the run was over for the most part. That's where clean flagging turned into choppy channeling. Keep strong hands manipulation is strong atm. Rising wedge currently breaking...
Well even though a bull flag has formed, it doesn't mean all that much considering the bull flag from last week broke down and was considerably larger. Even though I have no clue what I'm doing - seeing the overall downtrend since January it's clear bitcoin will slide! Don't know why I see the top boys fighting on TV but it's even more clear most people here...
Everyday instead of doing my assignments I spend two hours trying to workout what my 0.11847 of a bitcoin will be worth in the next eight hours.
I see flags. Kinda bullish on the MAC-daddy D. Looks like we may see a break out very soon - up or down. I truly have no idea what I'm doing.
Are we seeing a potential Bear Flag setup on the S&P500? Trading Forex / CFDs is High Risk.
We can take buy entry on retest. It's clear Bullish Flag break out. Buy entry on retest after confirmation of raising bullish candle stick.
Dear beloved D4-fans! So here is a quick update, on the new situation with BITCOIN CASH. Here is the original chart. So at this very moment it seems like on this 2h BCHUSD chart, that an ascending triangle has appeared (also on the RSI), which means that we might go a little higher and NOT fall through D4s (admitted) not so convincing HS pattern he made on...
Ill keep this short and simple, if you belong on etc this is a chance for some small returns. etc ill hit the red before going anywhere else. it was thrice failed to break the resistance, once breaking through before the bears smashed it back below. it has broken a trend line and has formed a bear flag and has only just followed through. there will be more...
Same concept as NU, look to sell any flags. At the level right now that I would like to see it break
AJ appears to want to make a further correction here. Considering wave 2 was so simple, makes sense. I don't just enter trades and hope for the best, I trade of pattern and price action, that's why you see no SL and TP. Plus it's Sunday and US government shut down makes me cautious to trade any pair and I will be looking more toward Tuesday to Wednesday for...