BTCUSD Three Drives Pattern - Downtrend Channel Follow the channel till it breaks
Possible RSI divergence
Here is how I can see 3 bullish drives 1. W formation with a higher second bottom 2. Points 4 to 5 looks like bullish consolidation to me. Especially if we drop to .78 - 88% as mentioned 3 ideas ago. I like using where price open/closes with 2 opposite candles when I use my lines. I think this is a more accurate when u use the medium horizontal price of an...
Price has formed AB=CD pattern. Has made initial push downwards after reaching support level. Divergent on RSI. I would be curious if it sets up a 3 drive pattern. Two take profits identified of support and trendline, each gives 1:6 and 1:10 risk reward if place correctly.
Sell Zone : Blue Zone Green Zone : Take Profit Zone Grey Lines : Best Entries
Risk has been coming off for the past few weeks as the US-China trade war cooled down and Brexit is getting closer to a real Brexit. The gold has tumbled its way from a previous high near 1520 since last Friday and through the current week. While we expect gold to fall further, the 1480 region will still provide some significant support which is likely to be the...
Oil on long... And it's likely for it to break the horizontal ray.... Just for educational purpose... +2348133242508
MMHWVPI - see chart - 3 drivers
RSI divergence on 4h, price appears to be reversing at the 1.272 as shown by a pinbar.
OXY could be headed for the little, red boxes. How do I know? It's very simple. So I noticed a pattern of options expiring at resistance or support. The red boxes are options expiration dates. The hypothesis of this experiment is to plot options expiration dates against key support and resistance levels along a predetermined path extrapolated from earlier moves.
Evidences: 1. 3 drives pattern 2. Supply zone