In my analysis of ETH/USD on the 4 HOUR chart, this cryptocurrency is currently consolidating within an ASCENDING TRIANGLE chart pattern. Prior to the consolidation, there was a BULLISH IMPULSE. I forecast that price will breakout and continue moving BULLISHLY. In this analysis I used Trendline Analysis, Support & Resistance & Chart Patterns. COINBASE:ETHUSD
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GBP/CHF Analysis - We expect price to head upward now that the daily correction is almost complete.
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Based on the current situation, the price still in a descending channel of consolidation stage but the price are showing multiple bullish sign that might happen if
- With respect to the head and shoulder pattern, price broke out the small descending channel and form correction before the bull run.
- Price broke out the bigger time frame descending channel and...
We've had a Deep Descending correction for a while now, from which we've just broken out of and it looks to be creating another separated descending correction which strengthens our reversal bias and it also give us a cleaner entry which we should be able to spot. A clean LTF correction after the breakout will be our entry. Similar to EURUSD.
We had a larger Descending Structure from which we broke out of creating a new descending structure from which we just impulsed out of, Now were looking for the Correction after the breakout to complete so we can take it as an entry for the reversal. This play is a textbook example of Pattern Seperation.
On Dow it looks like the HTF Bullish continuation correction may be complete, we had similar Price Action on S&P 500 two weeks ago, This coming week I'll be looking for a LTF correction after the breakout for the entry to keep going up. Not really interested in sell setups unless we get clear confirmation that the structure may not be complete.
Hi everyone. Carriedout analysis on EOSUSDT and i found out there could be more bearish move to the downside.
EOS previous had a HTF impulse to the downside, now it is in a correction phase, Because after an impulse we expect correction. and currently it's doing that.
but it seems to be that this correction will come to an end in a short while.
in 15min chart...
Hi everyone. Here we're looking at Gold.
Previously, we have been seeing the formation of a correction / ascending channel, and as we all know we'll expect a breakout below the channel followed by continuation correction.
Gold made a strong impulsive breakout and made a first correction, the continue downward now making the second correction.
Hi everyone. Today we're going to look at forex pair USDJPY.
its price made a bearish impulse move and now in its correction phase. as we all know after an impulse we look forward to seeing a correction.
am looking forward to seeing a breakout below the channel, follow by a small correction to show the larger correction is over.
then I can enter the trade. in...
Hi everyone. today we're going to be looking at ADA.
price currently broke support zone with a bearish impulsive move. and we all know after an impulse, we see correction, and ADA price is currently in correction phase forming an ascending channel. this ascending channel acts a retest on previous support now resistance, and I expect to see a bearish impulsive move...
Hi guys. we've been seeing more bearish moves in BTC price. and we might likely see more of that.
currently in the larger correction, we saw a bearish impulsive move to the down side (which I did the analysis check it below). now we know after an impulse we see a correction.
BTC is currently in correction phase, and am looking forward to see the end of that...