Seems like WIF will fall by Elliot Symmetrical Wave pattern, on E can be another good buy moment but we can also already fall underneath. I expect WIF to go to atleast 1.20.
This is no financial advice, always DYOR.
Trend
- Downtrend confirmed.
- Components of the channel chart:
The original downtrend channel plus a 100% extended channel.
Both channels divided in half by blue dotted lines.
The shaded zones furthest from the center represent "overbought/oversold forces," which counterbalance each other.
- Currently, the price is descending into the extended...
Trend
- On the weekly chart: Clearly showing an uptrend.
- The uptrend channel has extended 100% and is expected to return to the middle line at least, with a chance of reaching the lower band of the original channel.
100% Symmetrical Projection: Uptrend “N” Patterns
- A 100% Symmetrical Projection of the initial swing (from A to B) and then projected...
Channel
- There’s a clear uptrend channel.
Symmetrical projection: An uptrend N pattern
- By projecting a 100% symmetry projection of the initial swing from point A to B, and extending it from point C.
- As the expected symmetric pullback to E did not occur, I anticipate a further 100% extension from D to F ($16733). The target price level aligns with the...
The price has taken out the prior high at $157.5.
→ The recent downtrend has officially ended.
Now we look for the uptrend rhyme.
→ Since there is a higher low formed and a clear resistance-turned-support at level B, we can project a 100% symmetry of the prior swing from A to B and project it from C.
→ The level of C happens to be the 0.618 Fibonacci...
1. The price hasn't taken out the prior high (level X) at 13740 on a larger picture. So, technically, CME_MINI:NQ1! is still in a downtrend.
2. However, it's clear to see that the market is forming an up trend on the bottom now (higher high and higher low).
3. We can do a 100% symmetry projection of the prior swing from A to B, projected from C.
-->...
#Bitcoin 15 min. #TA at #Binance
As per #Symmetrical Pattern, and daily candlestick numerical analysis of 412111 last 10 days, today is now breaking point for Bitcoin within next 6-8 hrs.
Either it will be break towards $29k or it will be goes to $26k-27k.. Lets see, what happens today..
SOL is looking bulllish on daily timeframe and 4 hr timeframe , It formed a symmetrical triangle and breaked it on daily timeframe upside which means sol is ready for a take off to the next resistance of 60-69$ which also a region of daily 200 MA and also technically target of symmetrical triangle of around 30-39% . We just want a retest for confirmation, BUT BUT...
In this chart we can observe several harmonics and Wolfe waves with the estimate price arrival matching with the 100% symmetry and 38% retracement from abc
at first we can see potential target at 14159.2
US30 Is trading below the 200 moving average indicating a possible decline in price
using fibonacci ratios we could determine potential supports a-swell as targets zones
In this chart again i use Fibonacci extension and retracements to have an idea of potential supports as-well as targets zones
price is trading bellow the 200 moving average and could be an indication of a further decline in SP500
a 100% projection would be a 100% symmetry from abc
are we really heading to 3602.8?
let me know whats your thoughts leave me a...
Everyone knows that wave analysis is very difficult and nothing is 100% in technical. This scenario is more stronger than before scenario that I published for SHIBA.
According to symmetrical movement for waves we have another rise for SHIBA up to 0.00006776 (0.00004528 was the end of BC) if our harmonic pattern going to be happen (AB=CD) and then a mega drop...
For those of you trading NZDCHF, do you also get “confirmation” from higher time frames when deciding to go short or long?
Yes, that is one of the things I factor into my NZDCHF analysis - and so should you.
“Higher Time Frames” reveals how the price of a currency pair ( NZD CHF in this case ) fluctuates from within an hour or up to a day - providing you with...
EUR/CHF started its last impulse at 1.07400 and correctly completed at 1.11516 on the 1 hour timeframe, using Fibonacci, then the correction began.
This formed a symmetric triangle which it's retest in turn formed a parallels channel to the base of the symmetrical triangle.
I think right now it has began it's journey to retest the level where the impulse broke...
