1-5 Elliott Waves Up after we got my reversal at exactly 3,224 USD (on the point - kinda lucky ) - We have Regular Bearish Divergence, which confirms a retracement. Expect something like what I have illustrated for you. Just be aware of, that we don't yet have any confirmation on what corrective structure we will get - it could be ABC ZIG-ZAG, ABC ...
HECC, BTC dumped! Dogecoin must have knewn because it was STABLE trending down for a while now!
Oh yes and it will meeewn sewn :D
such proven much rekked..
We must learn from our mistakes and respecc the price to be payed. Some knowledges cant be priced right.
Bye for now and see you later fren, and beware of the Scammy FUDs
Hope this idea will inspire some of you !
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-GBPCAD looking bearish after showing signs of reversal after buyers pushed price up into resistance where sellers stepped in and pushed price down before the 4H candle close.
-The price action resulted in a 4H pinbar setup AT RESISTANCE which is a bearish sign. If price breaks the lows of the pinbar, sellers may push price down further.
-There is also ...
Im a the legend of finance, the master of charts.
We are down 94%, touched support, and fools are still shorting this?
Buy now or regret for the rest of your life.
MoviePass went up by a MASSIVE 100% since I posted this idea.
Just in the last two days, the price has increased by a massive 47.7%.
As a whole, the stock market is skyrocketing.
Bulls are ...
Looks like a falling wedge on the daily timeframe, and we are approaching strong support level. Keep an eye on this one. Fundamentally it's an under-hyped project which could really become a big deal. Virtual land ownership in the first virtual city will be a hot commodity one day i believe.
BABA is making a double bottom having reached the downside objective of the previous channel breakdown. Whilst it is difficult to derive an objective price target for a potential BABA rebound, we do have a well defined stop level and can guesstimate the max upside potential to +25% as the old support level becomes a resistance.
BINANCE:POABTC has been forming a DESCENDING WEDGE (white lines ) and once the candles enter the apex (end of wedge) it has to break the trend the pattern the bearish sentiment. When a DESCENDING WEDGE is formed in the price action, its indication of trend reversal (upwards) so we buy low (at the apex) and sell high, take profits and move o the next one !! ...
We are already shorting the USDCAD that is driven mostly by the prices of OIL. the chart just confirms that US OIL is set make significant gains soon as the head and shoulders patterns is nearly set for completion. Should the pattern complete we can expect the USDCAD to fall as well to around 1.3000 level.
Its a great opportunity to trade OIL at the moment ...
MACD indicating divergence from the price's direction... this rally is running out of steam. Earnings beginning next week may have a role in the reversal. I've marked out some tested support levels it could return to.
USOIL 2019 prediction
Price reacted nicely at Fibonacci 0.618 level
and formed a Morning Star (reversal sign)
it could potentially move towards at least 63.70 this year
or it might even break 2018 high
Suggest to look for buying opportunity
as long it doesn't break below 26.03
Hey everybody. Most cryptos are currently making an inverse head and shoulders pattern on the daily timeframe. Here I'm analyzing NANOUSD but I'll probably do a similar analysis on a more popular pair. If you have a suggestion let me know.
A head and shoulders pattern is an indication of a trend reversal. Here on NANOUSD you can see that the chart was making ...