KUCOIN:ETHUSDT ETH coming back to retest the Median Line. Fat_Fat
Price action, based on Elliot Waves principles, is falling from peak after complete an Ending Diagonal from the last extended impulsive wave to a potential target at local demand in hourly timeframe in a possible 78,6% retrace as shown on AB=CD pattern, below volume POC and after reject Anchored VWAP from May '22 bottom. Consolidating in a parallel channel as...
COMEX:GC1! Looking for Gold to extend the rally and move towards the upper parallel of the long-term pitchfork. Currently looking to move towards the warning line of the downward sloping short-term pitchfork and the target will be the upper parallel of the upward sloping short term pitchfork. Historically, gold does not top until the Managed Money positions reach...
Monitoring AUDUSD on intraday timeframes to form a price cap. I don’t like the impulsive move on H1 into this zone, but D1 takes precedence and there might be shorting opportunities tomorrow during London session, providing there will be a valid price cap to confirm the end of this trend. However the RBA has not ruled out another interest rate hike for the...
USD Monthly is at at Median Line. It's a very long term timeframe, however it still relevant information for position and swing traders. Then again, line is just a line, and ultimately it's the price action around supply/demand zones which provides the trading opportunities.
Somehow interesting and pretty relevant is now to check the perfect support offered by the lower parallel Median Line from 1'.2'.3' . Let's see if DOGE can move back above 0.1$ now (next huge psychological resistance) Update of
Bitcoin analytical series S0E03!!! Hello traders, First take a look at my previous analysis. Don't forget to risk-free your positions. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
Gold is extended and at confluence zone after almost 20% run. Profit taking and bit of a correction or at least at pause is expected. Gold and Silver often have false breakouts, so a last brief spike would not surprise me.
Another stock that seems to respect median lines and provides good reversal zones for option spreads strategies, especially around earnings next week
Bitcoin is below long-term Pitchfork resistance. This is the most important and main resistance of Bitcoin in the current downtrend. Its break-up means the end of the downtrend. But if bitcoin respects it, we should expect the downtrend to continue
Gold have trending up tremendously since Nov/22 without a deep pullback = no “chance” at all for retail traders..We probably @ wave iv ( green circled). Possible a ranging/ consolidation ahead (e.g triangle) before FED rate on 1 /Feb/23.
crab harmonic pattern: X=$201.6 A=$0.02 AB=0.61 XA BC=0.38 AB 0.78 BC=$3.76 0.88 BC=$4.68 1.13 BC=$7.97 1.41 BC=$14.7 1.6 BC=$23 0.78 XA=$28 2 BC=$53.4 0.88 XA=$70.5 2.24 BC=$90.2 2.6 BC=$206 1.13 XA=$668 3.6 BC=$1835 1.27 XA=$2474 4.23 BC=$7087 1.41 XA=$8830 1.6 XA=$60087
crab harmonic pattern: X=$17.87 A=$0.00179 AB=0.38 XA BC=0.88 AB 1.41 BC=$0.22 1.6 BC=$0.42 2 BC=$1.37 0.78 XA=$2.52 2.24 BC=$2.87 0.88 XA=6.29 2.6 BC=$9.25 1.13 XA=$58.78 3.6 BC=$203 1.41 XA=$763 4.23 BC=$1375 1.6 XA=$5126
SLB D1 –rejection from W1 supply, and from TL. Earnings are coming up.SLB D1 –rejection from W1 supply, and from TL. Earnings are coming up.
TSLA D1 – still sliding down with the sloping line, needs time to consolidate, good zone to start legging into butterfly.