a potential cypher formation is setting up. high probaility setup.
Price broke the neckline of the head-and-shoulders pattern. The target is typically calculated as the hight of the head projected to the downside. Look how perfectly the head-and-shoulders pattern worked recently.
Road to 1.24 is open. If the breakout turns into a false one than it is even a stronge signal for price to decline.
a potential gartley advanced formation is setting up. blue line is the enty, the green ones are targets and the red one is the stop. DON'T ENTER THIS TRADE IF YOU DIDN'T UNDERSTAND IT YOURSELF.
Guys, no doubt bitcoin 5.49% is in a downtrend. A downtrend is a tendency of price to move lower. This doesn't mean that minor upside rallies aren't possible. Here, on the chart, you can see high probaility setup for price to move higher against the main trend. After the targets are reached we will most likely see a downtrend resumption.
a potential gartley formation is almost completed. The wite line is the sell entry. The green ones are the targets and the red one is the stop. Don't trade it if you didn't understand it yourself.
an at market cypher pattern. already completed. slightly exceeded the entry of 0.786 but it is ok becasue it didn't touch the X-point yet. Cypher is the MOST accurate pattern within the scope of advanced formations (I don't say "the most profitable"). IF YOU DIDN'T KNOW IT YOURSELF THEN STAY AWAY FROM THIS TRADE.
A potential bat is setting up. It is a perfect formation from both points of view: harmonic patterns perspective or advanced formations perspective. Bat pattern is the most accurate pattern within the scope of harmonic patterns and it is the MOST profitable pattern (I don't say "accurate" this time) within the scope of advanced formations. DON'T TRADE THIS SETUP...
a potential bat advanced formation is setting up. Notice that the B-point is very close to 0.618XA. It is ok for bat advanced formation but it NOT ok for bat harmonic pattern. With harmonic approach this type of B-point turns the pattern into a Gartley pattern. DON'T TRADE THIS PATTERN IF YOU DIDN'T KNOW IT YOURSELF.
A potential bear cypher is setting up.
A potential bat advanced formation is setting up.
guys, a potential cypher pattern is setting up.
A classic chart pattern. one of the most reliable patterns.
guys, a bat advanced formation (not a bat harmonic pattern!!!) is on the chart. Pay close attention to the B-point with your broker qoutes. If it is >=0.618XA then it is a gartley.
Guys, a potential bat advanced formation is on my radar. Nice opportunity to enter long If you find the idea interesting click the "thumb up" If you have something to say welcome to type a comment:) Best Regards, Alex.
guys, at market cypher pattern. Pay close attention to the consolidation we have right now near the entry. If it break to the dowside then look for graceful exit:)
Trend continuation bat is here. I'd look for extended target in this trade. Conventional levels are on the chart.