fxinvestmk

fxinvestmk

After reaction on 50% Fibo, possible harmonic pattern at deep internal levels: 78.6 or 88.6. As higher TF trend is bullish, potential bearish reaction at Fibo levels should be only corrective.

fxinvestmk

Possible breakout down from wedge pattern. Breaking support level at 0.9230 should be additional confirmation

fxinvestmk

Head and shoulders pattern. Breakout of neckline is needed as confirmation. Target is next resistance level

fxinvestmk

On H1 chart possible demand zone in the area 1750$. There is geometry 1:1 and harmonic pattern. Price reacted on 61.8 level, so possible bullish reaction on 78.6 or 88.6.

fxinvestmk

On H1 chart price broke ascending trendline. If it will break support level, it is probable some move down.

fxinvestmk

Price moves within wedge pattern. Breakout from the wedge and above 1.16875 should bring some move up.

fxinvestmk

After reaction on 61.8 level, price approaches to deeper retracement 78.6 to fulfill Gartley pattern. Additionally, there is resistance level at 111.00-111.10 area

fxinvestmk

Some range move on the pair USDCHF, D1. Visible structure of inverted head and shoulders pattern. So breakout above the area 0.923-0,924 will bring some uptrend. Alternatively, breaking below trendline can cause decline towards 0.904.

fxinvestmk

Price is moving in range making some false breakouts. It is difficult to catch significant move. It is better to wait until clear breakout and retest of S/R.

fxinvestmk

Price in strong uptrend with some corrective waves. Currently price moves within triangle pattern. Breakout from the pattern will show the direction

fxinvestmk

It seems that current move is corrective phase before further decline. First price needs to break from wedge pattern and break the structure below 1.3730

fxinvestmk

Another test of trendline. Additionally, price forms wedge pattern. Breakout from the pattern may cause some move up.

fxinvestmk

Price is moving within parallel descending channel. Now is sitting at upper band of the channel that acted as resistance in the past. So possible some move down

fxinvestmk

Price reacts on geometry 1:1. There is also 50% fibo level. Possible continuation of uptrend

fxinvestmk

After reaction on 78.6 retracement, possible move up towards 127.2 to form Butterfly harmonic pattern. Price broke important 1800 resistance level.

fxinvestmk

Breaking from the pattern and breaking resistance at 129.20 should bring some move up to the next resistance

fxinvestmk

Bitcoin price reacted on 61.8 of Fibo. Possible some move down. In higher perspective possible Gartley pattern with reaction on 78.6 retracement. These are also levels of support/resistance

fxinvestmk

On chart we see strong downtrend and potential reversal ahead in form of inverse head and shoulders pattern. However, right shoulder is not yet formed. Additional confluence for long position is 50% fibo.