PA is few pips away from Projected point D... I know is Friday and anything can happen starting next week... but here the numbers:
TP1: 128.486 (.382CD 1.36RR)
TP2: 128.779 (.618CD 2.21RR)
Wait for PA to enter the zone and retrace... Cypher might become a Shark.
Willy stupid and heavily over sold
Bullish divergence on histogram
OBV pretty healthy
Rsi heavily oversold
VPVR very healthy and full with single distribution
Looking at the bottom of the range @ 104950
MACD showing Negative price consolidation before breakout
Stoch showing divergence heading for oversold region
Bearish flag setup
Attention 12/3 gap to fill
The setup is valid on a volatile move higher/then fade the rally
Buy Stop @ the gap
or Buy stop wil S/L to fill the gap
Insider selling like whoa?!
Jack Dorsey/CEO has cashed out... enough ...
1). Demand Zone(800-765)
2). Bat Harmonic Pattern
as per analysis it will come 800 -765 levels and bounce back again.
first target is 38% of retracement 900.
second target 61.8% of retracement 956.
There is a bullish butterfly
price already pullback to 0.618
therefore,we have a good long setup
with sl below the 0.786 ascending fib
and tp1 : 1.277
have a nice week end
Head and shoulder all the way!!!
11/28 - 12/12 = shoulders
12/3 = Head
Still learning how to use H&S tool on tradingview... eh eh ;)
MACD confirm downtrend
Stoch divergence lower