Hi crypto traders, Thought process: I calculated the time between the top and drop each time the price fell more than 15% during the previous cycle. The average time was 30 days. Similarly, I did the same but from the top to new ATH with average time of almost 100 days. Conclusions: 1. It is important to note that when the BTC price drops, it is only...
Head is HH break (close over) previous high. Possibility for Head and Shoulders? TP at reverse fibo 161.
Hello everyone, here is the top-down analysis for GBPTRY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
MCD turned and ran down at a strong previous all time high. The action was on moderate volume. The bottom failed to complete, and a retest of the bottom support levels may develop.
HD has been working on a short-term bottom since December 2019. It is now poised to test the previous all time high level again.
ADSK had a breakout last week to move above its previous all time high. ADSK is now in a compression mode, which tends to precede breakouts.
QCOM is developing an Asymmetrical Triangle on the intermediate-term trend. The stock still faces previous yearly high‘s resistance.
NVDA is at a previous yearly high, with an attempt to break out and above that prior high. There has been heavy Dark Pool Quiet Rotation™, as well as Smaller Funds buying activity in recent months.
High Frequency Traders triggered on FAST news, gapping the stock just slightly above the previous yearly high. The stock is in a slight run upward within the previous white candlestick body. The gains look to sustain.
NZDUSD break previous high Wait for pull back to long Around 0.6329 will be a good area to long SL : 0.6308 TP : Follow arrow
SWKS shows an unusual Symmetrical Triangle formation ahead of Earnings Season. The triangle follows a failed attempt to break out above the previous all-time high.
AUDUSD break previous high wait for pullback to long around 0.7039 will be a good area to long SL : 0.6992 TP : Follow arrow
HD recently ran up on Buyback action, and it has stalled below the previous All-Time High. There is Dark Pool Quiet Rotation™ in the price action at this level.
NUAN had a strong run out of a platform and rose above the previous high’s resistance level. This was on a weak market day. PSHI is high for this stock. It has new technology coming this year.
CERN gapped in April to quickly complete the short-term bottom formation. It ran up on pro traders and smaller funds buying in the past few days. It is now nearing the previous high’s resistance of last August. This may create a retracement due to profit-taking by the professional traders.
DFS had a tightly compacted consolidation, indicative of large-lot pre-swing activity. The stock gapped over the previous high’s resistance easily. It is now in a resting mode again. The stock now has support from the previous highs.
BTCUSD 4H is in a range Price at top of range Range top @ 7156.6 Long Trade Watch for a Bullish breakout Entry long on 15m chart with a break-hook-go pattern Previous high @ 8287 will be Take Profit area Short Trade Range top breakout failed Price fell back into range Range bottom @ 6009.6 Range bottom will be Take Profit area Our pulse system is bullish so all...
Wedge pattern breakout long Enter with a 15 m break-hook-go Take Profit previous high