There are two possible Harmonic patterns on Bitcoin a Bearish Butterfly and a Bearish Crab The Butterfly Pattern has completed the Crab is still forming We are also in a sweet spot zone and looking left I see a DBD area which is also a fresh and untested zone
Bitcoin looks to be completing a five wave move up, im expecting aan ABC retracement move down once the Harmonic Crab pattern is complete if this happens then a Head and Shoulders pattern will have completed and I'll be looking for further downside movement
Looking to drop about 100 pips to go back up about 300 pips.
Looking for price to continue to the downside. I hope it breaks to the Up but it does not look good!
Possible Bullish Bat forming on BTC The A, B, and C points have formed looking for D point to form between 6930 - 6500 for the reversal
30 Minute Bearish Gartley Pattern on Bitcoin
Possible Bearish Gartley on US 30 on the 30 minute chart
Looking for the market to continue down E- .87493 SL- .87733 TP/Move 1- .86585 DAY / 4H
Looking for the market to continue down. 30 Min trend line broke but will still look for the sell till the market shows an uptrend has started. Will enter a Demo trade due to news coming Entry = .88983 SL = .89134 P TP1 = .88770 (Alert set on the line) Lot= .05 Looking for 20 PIPS!
Possible Daily Gartley Pattern White wave = 5 wave move up Blue wave = ABC retracement Green wave = 5 wave move down
Possible Bearish Butterfly on Bitcoin The daily RSI shows divergence. Potential reversal for our C point can fall anywhere between 38.2 and 88.6, which line up with one of our sweet spot zones or conviction zone . Our D point would fall at the 127 extension and would complete the pattern
looking for the cipher to complete on the daily alerts set up to monitor completion
Bearish Crab on EURJPY D point is at the top of our weekly/Monthly sweet spot zone
We are within a monthly/weekly Sweetspot Zone. We also have a triple top formation within our level of conviction. We also have divergence on the RSI
Entry was at .89504 SL at .89080 TP set for .90789 Alert to move SL into Profit at .89930