Should we get $31 within 6 months (AKA fill the gap down in 2008)?
I call out a strong buy for $TEF. There's a multi-month trend, even years after the divergence is completed.
The chart never lies. HOLD!
Don't be a week-hand!
Before we begin with this analysis... This time it is suited for people who are playing the long game...
All ideas that are expressed are of my opinion and interpretation of the political situation.
While the world waited anxiously to see who will become president - so did equity markets.
On the technical side:
A Triangle pattern has emerged on a...
This is in continuation of a previous post (linked below).
We have an upwards Wedge with a MACD divergence.
This is a bearish signal.
A downwards break of the wedge could mean the trend might reverse.
Trade levels in previous post.
Please use caution!
As vote counting resumes in the coming hours, volatility might resume.
I know the Bitcoin narrative is...
price is in bearish pitchfork channel. seems like price is going to have a jump at the current level and then bounce more to continue down the channel but its looking bearish since price doesnt hit the top of channel before dropping.
looking at the hull moving average on 4h the lines are not yet curving for cross, and the macd is also signaling a possible continuation down to test these key levels lets see how far it can go before it bounces
BTC/USD is forming a Bearish Crab and is nearing the Potential Reversal Zone (PRZ).
This is happening after the formation of the Bearish Gartley failed to reverse (see in Related Ideas).
Notice the tight levels of the 1.618 XA projection and the extreme 3.14 BC projection.
The Crab pattern is usually volatile in the PRZ so prices might reverse...
The NZD/USD is forming a bearish Head And Shoulders on a daily chart.
The head of the pattern is itself a double top formed on a historical resistance line.
The right shoulder is currently at its completion point and there are signs that prove is starting to reverse.
More on that in the link below.
If the pattern is completed, price could move lower...
*Entertainment Purposes Only, not trade advice. DYOR
I really like the story behind this coin. Consistently in top 100 cryptos. On multiple exchanges. It does have a lot of outstanding coins though.
Reasons for trade:
Location it is between .618-.786 and at .786 off two different fibs (double entry zones) from most recent highs. It's near the bottom of its...
Reasons for entering trade:
LOCATION: Double bottom forming off of .618, not yet confirmed.
Price currently between .618 and .786 from fib off of breakout and uptrend from 2017.
MACD: Triple bullish Divergence (Market Structure in MACD)
WILLY: Coming out of oversold (Market Structure in Willy)
VOLUME: Green bar Impetus
Notch in volume profile needs to be...
Dupa 6 zile consecutive de urcare, s-a format o miscare laterala, cu o lumanare de coborare engulfing, codite mici.
Pretul are sanse sa:1) urce pana cel putin la 0.93; e vorba de cca 600 pips
1a) formeze MACD pattern-ul, urca pana la zona 0.927-0.93, apoi sa coboare; cca 400 pips
2) coboare la 0.92, un...
Hi everyone, it has been a while, but I am starting to get back into trading. I needed some time to just collect my thoughts and look at trading in a new perspective. So here it is
In short: Twitter is looking bearish
Elliottwave analysis: It seems to me that on the longer term we have finished an a,b,c move, meaning we are headed downwards. If it is a wave one...
Take at your own Risk. Past results does nor guarantee future results.
Weekly Trend is Uptrend
Daily Trend is Uptrend
Weekly Fib levels show major resistance on 0.618 and 0.500 levels, these levels were also close to the High and Open of Weekly Values for Sep 05 2011.
Pennant triangle is apparent on Daily, 4H
Previous Day Candle showed Bearish Spinning Top...
1. Price rejected R1 Pivot Level (PINBAR: indicates the start of a downtrend).
2. MACD shows DIVERGENCE between price action and volume.
3. OVERBOUGHT Zone.
4. Every IMPULSE to one side is followed by an opposite impulse.
as i have analysed the EURUSD in Persian language so i am keeping a Snapshot of the same analysis and position complementary to it so in future we can return back and check the upcoming results and its accuracy...
this position is based on Daily Time frame Divergence with MACD and CPR signaling, engulfing candle stick patterns...
i have used Camarila Pivots...