2) I am waiting for this analysis to work out or be invalid to enter my previous analysis posted a few minutes ago.
here we are looking at a potential cypher pattern if the market does not respect the double top shorting opportunity from my first analysis. once leg c is competed i will short the market till leg D. Knowing the fundamentals behind the cyper pattern...
okay so here's full transparency on my analysis. last night before the markets opened i did my analysis for the week so im sharing my thoughts on USDJPY.
im looking for a good bullish setup and there's two possible scenarios i'm looking at. the second will follow in the next post.
last night i waited for the markets to open and give me an indication of its...
possible stock market crash? interesting head and shoulders formation. If neck line breaks i believe that it would cause panic sell.Markets could possibly plummet. There's a lot of economic fundamentals behind my prediction,which i have been calling for months , but i will not be stating them as its pure speculation because nobody knows whats happening next . If...
Gold could potentially be completing a chypher pattern on the daily time frame. If the markets drop to leg D, 1179.69, it will be a good time to start looking to go long.I am looking for Take profit 1(1203.46) on the 38.20% Fibonacci retracement level and take profit 2(1218.40) on the 61.80 retracement level. Stops will be placed below leg x.
important to note(...
litecoin is currently in a bullish movement. i expect a retracement around the area i marked with a red circle(1)($157). i have drawn a trend-line on the lows of the candle sticks and once the market crosses that uptrend line it should signal a reversal provided the RSI is above the 70 mark(over bought)( red circle 2).
if the above does happen the market should...
