As you can see in the chart the price has broaken the orange pitchfork and pullback to it. Also just now you can see the price touched MA200. We expect the price reach up line of blue pitchfork and after that will pullback to MA200 and after this confirmation you can enter the position.. If you are risky person you can enter the trade now and set your SL upper...
MTL is looking popular these days. A close above 851 and we're heading to 931 and 10xx area.
Summary: 2013-2015 and 2017-2019 bear markets show a similar WXY count supported by a Schiff Pitchfork lower warning line hit and Fib Retracements confluences. WXY Count & FIB Retracement: Measured from the A wave of the W count, both the W wave and Y wave extend 1.272 in 2013-15 Bear Market. Similarly, measured from the A wave, both the W wave and Y wave extend...
A move down for 1:1 coming off mid modified schiff and 4H pin.
Fear has never ended in investors' heart as they've seen all of ups and downs of market. I believe that fear led us to yesterday's BTC crash. People saw a b little drop in the wave started. All of a sudden BTC dropped around 10 percent. Yet we found a good support near EMA 20 & 50 which show us a green light, a light through which we can see a way to 4220. There's...
Trading DLT is very risky right now. it bursted out few days ago but that trend seems to be weaker and weaker right now. If you want to buy it you may want to wait till a powerful 4H candle above 3200 sat. otherwise the lower line of pitchfork which is around 2500 sat would play out as a support and final interesting buy zone.
Hello folks AGI is heading down like most of promising altcoins. I see a great opportunity to jump in and buy within the white box. If we manage to but at that box then our first target is 1135 which is near the purple box. Put stops at 1005. Wish you luck
Hi there I think QKC needs some power to break purple box and then 960 area would be available. put your stops at 800 and be relax. great days are coming.
Hello Folks Let's get to work directly.we're in a disappointing downtrend for more than a year. If you're still breathing in this market, you are the last soldiers who are brave enough to fight. my favorite target for Bitcoin is 38xx in coming days. Don't forget that we should break 3550 area (orange box) and 3685 (near MA 50) at first. the last soldiers of our...
dont really use pitchforks a whole lot, but does this kind of thing happen a lot with schiffs?
CLZ2018 just hit the 61.80% retracement point on its recent bull swing and found some support seemingly. Continuation players are taking this opportunity to add on to their long holdings. The Schiff set's Median Line is met here as well. A healthy pullback in a major bull trend that may lead to 127.20% extension. Short risk in oil is the preferred choice as long...
EURUSD is seemingly in an attractive spot for continuation players. There's a bullish harmonic pattern noticeable on 240 chart. It went through 61.80% pullback on its bullish swing after hitting the 150 day EMA and is now above 38.20% point of the pullback leg. Increased odds that this pair will try to climb towards the 61.80% point of the pullback leg, perhaps...
USOIL daily seems to be going for its last bullish extension leg to the 161.80% level. Though bearishness is still very much present, this market resembles a range before trend continuation impulse move. Lower timeframes for entries is the preferred choice. Wider stops and smaller size is also very important.
EURUSD is going through the expected reaction after touching the 150 day EMA. It is probable that bears will take profit at the triple bottom area near 1.1520 and aggressive bulls might join for a scalp taking this pair higher towards the 1.1650 area. Bears are still holding on to their positions, first signs of a minor reversal will appear in lower TFs. Buying...
EURUSD extended to the top of its trading range, the 127.20% extension reached and the higher Warning Line on this Schiff met. Seemingly this pair is done painting its second corrective bull leg. Bears will try to have a go at it, bulls will take some profits and that can result in this pair reaching the 1.1600 area. Selling short 1.1750 with a 70 pip stop above...
USOIL is going though a pullback phase, currently at 50% retracement and at 3.3 days' average price. Bears gapped down the grey shaded area around 6950, as long as the bullish gaps below are still open, bullish continuation has better odds. Upon closing higher than 6950 gap area, entering long with stops below 6920 seems reasonable, 2R-3R targets ahead.