Just a quick look at the pinkbtc chart and looks that some paterns appeared, might repeat again, so deserves to keep an eye on it. I actually think that is gonna break up soon, as it gets to the end of the triangle. Did the drawings kinda fast, so don't base anything on it.
What you guys think?
Theres defenitly a repeating patern going on here.
If this pattern will happen again, you could expect Big profits in februari 2018.
This is only my opinion, make of it what you wish.
it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.
Although Ripple seems to be going through the same troubles with dips alongside other cryptocurrencies, it nonetheless displays a flag pattern on the 1 year. Suggesting an upward trend. Coupled with the news in China and India where Ripple are expanding their influence and reach, the outlook looks positive.
There is a 1 year Rectangle Pattern forming on CADCHF. Pattern is still to be completed. 0.7240 has proven to be a very strong support. Possible test of the low which could result in a great long term buy entry.
Looks like a Bearish Bat Pattern is forming, if the price cross over the .236 retracement and if RSI cross over 50 I'll go long with a stop loss just below "C" and wait for the reversal at "D"
PS : Also noticed a slight divergence with the price making higher low and the RSI making Lower Low. This would confirm my idea. However, I've never really looked into...
As price action makes its way back up towards previous structure highs, we’ll reach what I like to call a “decision point” in the market. I call it that because it’s at this point where our “IF/THEN” thought process comes in today play in our decision of whether to go long or short.
Because we have yet to break structure, I won’t touch on the long option, but...
Not too much on my radar today, which is perfect since I prefer not to be actively trading on Monday’s. With that being said, something that I have my orders locked and loaded on for later on is this potential bearish bat pattern on the USDJPY completing at 125.09 right around a 4hr supply zone. This one may also be worth watching as it approached 125 even as we...
Here we see a butterfly pattern completed on the Eur Aud 30 min chart.
We know that butterfly patterns often rally to the 1.618 extension of the BC leg, so that is where our limit is at.
Our entry is at point B and our stop is at point D, giving us a 1.39 risk to reward.
I believe the rally will take place over the next few hours.
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