Not investment advice. Not a professional.
IDEA: BTC completed a Bullish Cypher Harmonic , so likely up a bit for now at the very least.
Previous post proposed possible Expanding Symmetrical Triangle forming. I'm in the camp that would be bet this Bull Run isn't over yet but a larger correction will happen at some point in the near future before we make any...
What's up folks, I've not shared any analysis publicly in some time so I would like to share a short term view on BTC where I see a 5-7% decline near term.
Trading Pair: BTC/USD
Time Frame: 1 Hour Chart
Formation: Bearish AB=CD Magent Move
Once we see a close below $33,820 it's likely we will see a re-test followed by a decline to the region of $31,700 where it...
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Analysis of #GOLD
Here we could be having Butterfly and Cypher completing at the same point near trend line resistance, you could be aggressive and set limit order or wait for confirmation to enter
Thanks for taking the time to read my idea...
Price has fully tested the potential reversal zone of the bearish AB=CD and it looks good to short.
Trading Pair: CAD/CHF
Time Frame: 15 Minute Chart
Formation: Bearish AB=CD
I was holding off until I saw a test of the 2.0 projection at 0.73485, which happened just moments ago. The main reason being is because of the small S/R range at the AB=CD measurement,...
We are predicting the formation and completion of the Gartely pattern as seen on the daily chart. We are long here at the start of the 4th leg of the formation which is also as major support zone. FX:EURCAD
Confirmations for Gartley Pattern
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A (on this case its at 0.382 unified gartley )
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement
- First TP at 0.618 (Fibonacci from D-C)
- Second TP at 0.382 (Fibonacci from D-C)
- Third TP would be back to where...