At an area expecting a large move
If this is up it will confirm the bullish nature of the scythe pattern
If this is down it will add some bias towards a bearish scythe
On all lower timeframes I have been seen some really bullish action
Wouldn't be surprised if this went up
While within the scythe price is extremely bearish
Upon breaking out of the pattern bullish momentum is favored
This is a Fibonacci version of the scythe pattern
This is old price action, using it to demonstrate the pattern
Another Fib version of the Scythe
Using a very attentive, some would argue obsessive, strategy of continuous straddling pet named the "wheel". The main interest is levels to target key entries and exits to improve a position's price and size.
Added to the mix to help also with the monotony are non linear trends.
Some of your richer fx mates are riding 2 week long shorts searching for a deep...
Breaking through bearish trends one after the other rounding a cup using the last as support back to last bear run axis and smack bang into the top edge of the Scythe channel.. Will she break.. One things for sure, takers on both sides are getting taxed by the wheel...
Scythe still in play even after the drop to 0
Price is way under the 1/1 trend line
This is a very long outlook (until we run out of crude oil ~53 years) and to see how the scythe formation plays out for oil.
I was recently asked about Numerai
I haven't looked much into it but it looks like a very complex project
I have doubts it will get off the ground but maybe its just my state of mind, always open for another interpretation.
From a TA perspective Scythes are being printed, which result in bullish continuation.
So from a TA perspective it looks quite strong.
Many Patterns You have watch and see but first time I see and Create new Pattern SICKLE Patterns as Like SCYTHE Patterns.
Completely Follow the MANA Coin With Proper make a Handle and Blade with Succusfully Breakout ..
What do You Think about this i am very Exicted after create this Beautifull Pattern.
Share Your Opinions What do You think about this Beautifull...