The last three big moves up were preceded by a three bar rising MACD Histogram marked with purple vertical lines, also had corresponding same in either or both Stoch and Stoch RSI . You need to start watching for this to repeat after the last Williams Fractal low. It didn't start with last Williams Fractal low so maybe it will start repeating again with the next...
We had a high followed by MACD histogram the next day falling/dropping. Stoch may yet reach 80 but I believe high is done and too risky now for some to play bull. I myself would rather miss out. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
Day chart - Williams Fractals not signalling anything yet. Stoch crossed 80 yesterday but couldn't hold up till end of day. MACD Histogram not turned down yet. Unless price starts taking out my stops or I'm in time to catch a signal on the 2 hour chart it still looks like price could have some energy left. Purple verticals in MACD histogram denote histogram...
Have previous stoch patterns been exhausted Y/N? Time to strategise on past performance for market going either way. Last month I posted "OMG sell, sell" and got it right. This time I giving advanced notice but also think there is another leg up to go, as the Stoch has yet to touch the oversold zone. Then again in December 2017 the market just kept going up and...
Using triangles. The first was bull failure. The second was bear failure. So now I'm thinking next bulls turn again Y/N ? NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
In my previous post the triangle set up in the chart ABCD you will notice that D was never reached. So for the moment depending on where this two hour bar ends we can raise the trend line to form a perfect triangle with D reached this time. So sell idea could still be valid.
Just adding some detail into my last post. I think it's self-explanatory. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
Done a short study of these Williams Fractal sets LHHL on the day chart and when price drops below the low of the last fractal low in that set it has often turned bearish. So I'm going short for now thinking same could apply to the 2 hour chart. Williams fractals not shown on chart. Pink box represents to consecutive Williams fractal highs and either side Williams...
Bitcoin going higher Y/N. Divergence between open and close of LHHL fractal set and Ultimate Oscillator below. Seen it work on the day chart and may work here. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
I not going to comment on this idea because the guy who commented on my last post found my work so hard to grasp. Constructive arguments are welcome, otherwise just keep it simple like Agree, Disagree, Yes, or No. I love everybody's ideas on Trading View. Some take a lot of time and work to create, and others just a bit of fun. Trading View is a great community...
Seems like the only difference is that the month of June had no consecuitive fractal lows. Could that be a plus sign, or, just the repeat having been oversold?
Up or Down there's opportunity for bulls and bears. Wouldn't take much to move it either way Y/N ?
Volume Oscillator and Stoch divergence between open and close of fractals made between 18 and 25 (i.e. 18, 24, 25). Signal sell. Price now must hold 28th June low. I've also added Bollinger 20, close, 3 but taken out the upper and lower bands. If we break June low in July market could drop like February Y/N ? NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR...
Bearish touched lower Bollinger band (20, close, 3) also same fractal pattern LHHL as previous (Williams fractal not shown on chart). Given bearish tone of day chart it looks like bitcoin going to test lows. Also Volume Oscillator signalled a sell (white zone, red, then white) - zones represent three fractal patterns of either HLH or LHL (white zone divergence and...
Closing price of 26th June ended below the open of 25th causing me to review my long position. It was reason for me to review because on 24th there was a divergence between MACD histogram and the opening and closing price. The close of the 25th was a bullish signal in my opinion (marked with yellow arrow) because it closed outside the open and close of the 24th...
Another simple big picture that bears love. Using weekly chart, and log scale. Note that the last peak which I've used to draw red trend line coincides with around the time of "bonfire of vanities weekend" when Warren, Mulder, and Bill were doing Bitcoin down, and Warren called it "Rat Poison". Bill said he would short it if he could. NOT ADVICE. ALL STANDARD...
Simple big picture that bears love. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
Study using Williams Fractal pattern HLLH alert is a sell but based on last time just a retrace. What do you think ? Divergence based on open and close of HLLH with corresponding oscillators down below. Williams Fractals not shown on chart. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.