TradingView introduced gradient background.
I wonder what kind of ugly charts people will produce with this functionality...?
TradingView if you want to add something like this please give us a background image so you can brand your chart.
- Url to background image
- width in pixels, height will be calculated based on proportions
- position (x,y) or list...
When daytrading we sometimes tend to forget to look at the bigger overview.
You see the significance of the level we are attacking right now...?
If we break this then we break the downsloping triangle were in for 7 months.
This could be a major step on the way op if we can find support there.
So let's try to test the 7138 level today, massive resistance...
It seems we have a perfect bullish BAT with some amazing confluence the CME gap at 8450 that still isn't filled. The bottom of the gap is exactly to the dollar at the pattern completion zone of the harmonic pattern.
Bitcoin is creating a flag on the 1H. In confluence with the bearish engulfing candle this possible could bring us to lower levels before continuing the way op.
Actually this isn't to bad because better slow up as parabolic, that creates more value. And by going more down we can create bullish divergence on the daily again. All other oscilators had a good reset...
@Kuba_San pointed me out that I might have used the wrong tool, TV has a dedicated tool for the Cypher. He is totally right. I just tend to hit the harmonic icon that's in my favorites toolbar. Adjusted my Cypher based on this tool and the new high C. Seems good to me to fuel the daily rocket with some bullish divergence so we are ready for a next push...
Maybe at this bullish moment not the most logical to play out but it's technical so perfect.
And looking at the daily chart if we close the day like this and continue reverse then we have bearish divergence