I suspect we are visiting the 1.xk digits again because of a possible ab=cd.
Hello Traders, Based solely on the chart MMLP looks bullish we just got out of that ascending wedge or cup and handle. Either way we have a nice little solid green volume bubble when breaking the TL we might see a retest, I'd prefer bigger volume bars though.
Cosmos Broke ATH with volume and currently holding new support nicely.
no fundamentals here. Technical Analysis says there will most likely be a massive drop on Eur/Usd. Dxy broke resistance and is currently hovering above, we could see something drastic.
I see a H&S on the monthly time frame and also it seems like we broke out of this downwards channel but broke back in, the red line is the possible route price could follow based on the completed H&S and retest of said H&S. Possible H&S TP is at the bottom of the channel as the picture shows. DXY also broke out bullishly and currently retesting. Tell us your thoughts.
Possible reversal along with a bullish harmonic pattern.
The Break and Retest with the arrows did so with heavy volume. I thought we were going to see a rise on price due to a bullish bat harmonic pattern, But we just broke X to the down side and we are currently under that trendline. im leaning towards price dropping all the way to .9 look at my previous Eur/Usd analysis. feel free to comment your thoughts.
on the monthly chart I came across a possible 3 drive harmonic pattern. we have an ab=cd with a possible 3rd wave. if this is the case price could visit ~.85 the average bars from top to bottom is 9 bars, and if it just so happens to do so we could see this price by october. its a bit farfetched, But numbers dont lie, its not for sure either, just a...
been waiting for this play since April. Must close above 57.50 and form bullish candles with increased volume either rejecting the down side or breaking 57.50.Check picture for when I will possibly enter. I will not enter this trade till the indications(am I using this word correctly? or what other word can I use?) stated are met.
WE ARE IN A FN BULLRUN. I hope you all Bought the dip. we might double bottom at 2k or 1.8k. this might be the beginning of wave 4, either way, I dont expect price to go back below 1.6k. feedback is more than welcome. This would be crazy, if wave 1 is the projection of the elliot wave on a bigger scale, that would make the top of wave 3 at 13k. and at the end of...
We have on the Eur/Usd chart a double top at the neckline of a head and shoulders on the weekly time frame. we can see that at the 4 HR we have 2 patterns that are both bearish. I made sure the Trendlines for the wedge correlated with the volume spikes and we recently broke bearishly with good amount of volume. the Cypher that I had drawn could still be valid if...
Bullish Harmonic pattern, possibly marking the end of wave 2 and beginning of wave 3 of an elliot wave.
Harmonic pattern straight out of the book, we are seeing the completion of the wave C-D of a cypher pattern. Tp1 should be at point A. and Tp2 is at point C. stop loss above X. This is not financial advice.