Last week GBPUSD was beyond 120% Fibonacci extension of Daily wave group (IX is the failure wave). I predict he will go uptrend follow Signal Reversal - Wait he drop at current retracement group wave (1), (2), (3)... for buy follow the Reversal. - 120% Fibonacci Extension for Stop loss -------------------------- Thanks for watch my predicting
Weekly (I), (II) (III): UP, is at wave (I) to (II) Daily I, II, III: downtrend, is at wave II to III H4 (1), (2), (3): downtrend, is at wave (2) to (3)
WEEKLY (I), (II), (III): DOWNTREND, WAVE ((I) DAILY I, II, III: DOWNTREND, is at wave VII - VIII H4 (1), (2), (3): Uptrend, he is at wave (3) H1 1, 2, 3: Uptrend, * Now he is at wave 5 Plan: Short now or wait he break rule at H1 sell follow Weekly Stop loss: 1.29877 (reversal for uptrend) TP1: 1.27667 (61.8%), TP2: 1.26635 (100%)
Looking at a potential bullish butterfly about to execute... we will see though...price is lining up with prior support from July, price / time appear close to symmetrical, and all the higher time frames appear to be oversold according to the stochastic indicator..will update if trade is executed.
The price could not stay below the channel and we can enter a new position on crude oil According to the previous analysis and also it's good to see the bullish alternate ab=cd pattern and the nice pin bar candle.
Hi guys, this is my new analysis on crude oil I think this week crude oil value will go high because of the price touched its bullish trend line of the parallel channel and nice price cluster too and made a bullish 121 pattern also, it's good to see the RSI divergence.
Identified a symmetry pattern present on the daily charts and supported on the hourly charts too. On the daily charts there was a symmetry of 14 bars, with varying % gains. These symmetry positions are taken from an upward analysis, given the stock appears to be trending down (based on shorter time frames). The hourly chart also supports the entries, however, due...
This is a deliberately simple chart. This distorted and skewed symmetry from recent months seems to be coming to an end soon. It is by no means a reliable precedent but the last time symmetry from the March high ended we set our medium-term bottom down in the mid-6's and travelled to knock on the 10K ceiling- some swingers more than doubled their money just by...
Carolyn Boroden's book Fibonacci Trading has a chapter on using symmetry and fib extensions to establish a trade setup. So, let's try it on recent BTCUSD price action.
Carolyn Boroden's book Fibonacci Trading has a chapter on using symmetry and fib extensions to establish a trade setup. So, I'm making some notes on recent BTCUSD price action.
Cable formed a weird almost butterfly esque formation (well symmetrical type wings anyway!) earlier in the year which basically got use back to where we started This month has seen a decisive move below the 200MA and we are now targeting 1.300 and 1.2700 as £ continues to weaken Short on breaks of support or buy on corrections to support turned resistance levels
EUR weakness proving a consistent theme across some of the longer timeframe charts. EURCAD has almost fully reversed the Jan-Mar ascent and with startling symmetry. We saw price pay the upmost respect to the 2016 high with a few wicks breaching the level before sellers drove price south. For clues as to where this pretty choppy pair might head next it is worth...
Not to beat a dead horse on this coin/chart, but I've been using it for purpose of putting to use some things i've been learning and I'll try to pass on. As you can see, there is perfect symmetry on this chart on the two swings. Symmetry swings are good to use 1.0 fib projections for support or resistance. I'm showing the 1.0 projection from the 3points(with...
Perfect Symmetry on TRX/ETH. If all is correct, It should continue to retract to .618 and then continue move up.
Finding short term buy, watch, and sell lines for ETH. This is mostly to see the scale the effect of US hearings on 5/7 will affect what seems to be a decent trend. 4hr, so this is a shorter term vision than my typical chart. Have horizontals and trend lines with the recent significant trend lines as a comparative. Green lines either channel or horizontal are...
if symmetry has anything to do with it.
The fractal pattern in the red triangles is easy to see. The green triangle is potentially a copy of the small red triangle, but rotated 180 deg around the green circle labeled "Rotation Axis". Imagine the green circle as a spindle on a turntable, and then rotate the red triangles around it. The yellow dotted line and triangle are a completely separate idea...
Possible back to back head and shoulders patterns with symmetrical shoulders. Watch for a break of the 1.09 neckline around the 5th February.