As mentioned in the Video... this is really the last bullish harmonic pattern out there at the moment and it just happens to be on the most important Crypto of them all. From time to time BTC does not determine ups & downs in other crypto but that is the exception. At the moment the RULE is BTC is leading the way so if this pattern were to "work" then that is...
BTC is currently moving in a rising wedge, which is a bearish pattern indicating lack of buying momentum. If the price breaks down from the wedge support line, then we have a confirmation for a move down. Targets are: 1. 8472 2. 8252 If the price manages to push above the upper line of the wedge, then the pattern is invalidated (highly unlikely at this...
LTC has been on a growth trend for days now. For you home gamers out there, if you are waiting for a point to get back in now may be that time. 1st trend line top stands around $188, and 2nd trend line top stands around $200 AT THE MOMENT. Personally waiting for the LTC/BTC to pop up quite nicely in the next 7 days. Giddy Up!
Hi All, I'm back!! Lets keep this simple why i call this Bullish Sign. 1. Falling Wedge (Bullish Reversal sign) 2. Declining in volume which is come together with Falling Wedge Formation. It show the selling volume is reduce and it increase buy volume. what we need to see is spike in buy volume during the breakout. This will confirm the pattern. 3. RSI is at...
Price had a bearish drop Price reversed EFC long signal painted Macd oversold Profit target is determined when Macd Blue & Red line cross above 80 Stoch line
As you can see there could be an inverse H&S pattern forming inside a big one, The price target for the small inverse H&S is exactly the same as the neckline of the big one ! If these do indeed form, we will be at 15,5k by mid April. We can only hope, but fundamentally BTC is doing great. Keep on keeping on, see you lambo rambo :)
ETHUSD 30M - Expecting Bearish Bias 1-Divergence 2- Red candle bearish breakout 3-Red doji expect continuation 4-Macd crossover at doji+cross below 0 level line. You are going to read about a trading strategy that uses the parabolic sar indicator {Default settings](Stop And Reversal) trading tool, along with two moving averages (20+40 sma) trading strategy to...
The honest answer to that question is probably not.... so why did i make the video?? Asymetrical risk. Its possible if the pattern plays out, that price will go through D at 15 cents and goes down to 10 cents or 5 cents or 2 cents (this is not likely ONLY POSSIBLE!!!). If it does and it then goes up to where the pattern projection suggests is possible then you...
Time to take a flyer... IOTA on a daily chart is setting up a Bullish Butterfly completing at 16 cents... yes 16 cents (current price is IOTUSD ) Im going to make a small bet (no stop) that if price gets down there it will bounce up nicely. If the XA leg plays out we are looking at 2000% return. My order is in, im holding tight for the ride.
This Support and Resistance Zones Strategy will enable you to take trades exactly at the area price will reverse. Identifying & trading support and resistance lines & zones is critical for every trader to implement into their system. Our main indicator for this strategy will be price action and its relationship to Support and Resistance. This is, in our opinion,...
Following up with my yesterdays chart where I drew impulsive wave I have further confirmations that XRP is about to reverse. Confirmations: 1-Wave 2 is confirmed by the negative AO 2-Stochastic is less than 20% and going up. Once we see a hammer and price range crosses the end point of wave 1 we will have the third and final confirmation for a reversal and we...
Divergent momentum peaks, MACD cross downward, inverse cup forming. Be safe out there, you trader crusaders! -B
I posted this London close scalp a bit ago. I mentioned that EJ is at the 200 ma on monthly. It is possible I achieved immaculate entry on the start of wave 2, which would retrace probably 50-62%.. It is also possible that it is just a scalp. I already scalped it, slid to profit, got taken out, got back in. Keep in mind yen pairs don't always do exactly what...
Broke down a the Parallel Channel Tool , These are the main features that you might need to know when using the tool!
What i have found is the second downtrend in a double top reversal pattern. After a long upward trend and a significant break into a new high Netflix has finally found its resistance forming a double top reversal pattern. The idea of a double top is two upward trends that do not break a certain resistance level and as the saying goes the buyers will not try to run...
LOOK OUT BELOW! If the right shoulder forms on this massive head and shoulders pattern, expect an epic reversal.
bearish reversal pattern bearish tk cross resistances/profit zones indicated
These are the "GO" reversal continuation candle patterns I use when I am using the Break-Hook-Go pattern.