BCH formed channel, rejected from the top now retracing to 0.5 fib, time to take long position, also other confirmation is to long is the volume accumulation setup on the same area of Fib Golden Zone.
1. Channel uptrend the price rejected.
2. Price trace the bottom of the channel
3. Retracement to the Golden Ratio of Fib
4. Volume accumulation POC on the...
BTC since March 20202 uptrend parallel channel, and it was breakout to 64k out of the channel and now we are still inside the parallel channel.
And as per Jeffery from EW the price breakout from parallel channel that is wave 3, and this is exactly what happen, and once price back inside the channel it is wave 4.
So far is not breakdown from the channel and I am...
Since we have HH on the price and HL in MACD and RSI so far, if the MACD WAVE continue in HL mode it is confirmed ABC,
So far we have the following negative info:
- RSI HL daily TF.
- MACD HL daily TF.
but all above not valid since we are in bullish market range of RSI from 80 to 40 and the momentum still positive , if the RSI cross 40 level, we move to...