andrejsliepinieks

andrejsliepinieks Updated 

I see a symmetrical triangle pattern that has been broken. Several resistance zones on the way up from here which were taken from Trend-based Fib and historical resistance/support. As other markets move down, the move might be slow with large corrections, but overall trend should be upwards I think. Going long after first resistance zone is broken.

andrejsliepinieks Updated 

I see the potential for an Elliot triangle correction pattern. Forming as a correction to the downward trend started 7th Jan. If the upper resistance line of the triangle isn't broken, and we hit (D) and (E) on the chart, then I expect to see the price fall based on trend-based fib extension and prior support. Potential buy-zone at $5.1k - $5.7k USD. Ideas and...