As I was doing my technical analysis, I noticed a reoccurring pattern in this currency pair. The period between each upward movement in price is exactly 47 days.
If this observation is meaningful, then we should see an upward movement in the price of SNT on the 21st of June, which is today. Additionally, price movement usually peaks at around ~50%. Although this...
***Not Trading Advice***
A Setup for small gains, however still short in medium to short term.
What are your thoughts on the 4HR uptrend + symmetrical triangle (Purple)
How about the Weekly downtrend + symmetrical triangle (Baby Blue)
Do you like aesthetic riddles?
Decisions are in the making.
Are they inclusive? Are they green? Do they hide what they mean?...
So I'm new to using Fibonacci retracements/extensions.
This is my first time trying to predict price movement by drawing triangles.
From the youtube videos I've watched I assume I did it right, but it feels wrong.
However, when I zoom out and compress the chart the prediction looks like something the price would do.
Comment below what you think about the Idea,...
Alright, Boys, I would like feedback on my analysis of the potential movement of AGI.
I'll start with what caught my eye and inspired me to do a Technical Analysis. I was looking around at the market, and for some reason or another, I had this urge to check out what Gold related stocks were doing. Interestingly enough, the majority of them looked like they were...