jerrin98

jerrin98

Trendline break resistance zone break of structure - new lower low formed Waiting for a pull back

jerrin98

Weekly: Rejection from the support level Daily: Impulsive move + correction Bullish flag pattern 4hrs: Wedge breakout (pattern within a pattern) extended Double bottom

jerrin98

HTF Trendline + WEMA as the Support level Tweezer top on the daily time frame Waiting for a correction towards support level or trendline

jerrin98

Weekly: Weekly resistance zone Daily: Corrective pattern towards resistance zone head and shoulders pattern + impulsive breakout 4hrs: Neckline retest Possible one more push to the upside before drop

jerrin98

Weekly: Trendline breakout WEMA acting as dynamic support Daily; Bullish flag correction Pattern within a pattern + breakout 4hrs: double bottom Impulsive breakout 4hr EMA crossover Need to wait for a pullback

jerrin98

Weekly: HTF weekly trendline break Daily: DEMA crossover Triple top rejection Support level broken New low formed 4hrs: Waiting for a pullback towards a new resistance level & trendline resistance DEMA rejection a possibility as well

jerrin98

Weekly: Strong impulsive move up Daily; DEMA crossover Double bottom + neckline breakout Impulsive neckline breakout 4hrs: Price forming bullish flag 1hrs: Wait for one more push to the downside or entry after 1hr candle breakout

jerrin98

Daily EMA crossover Bullish Flag (continuation pattern) Double bottom Need neckline break + retest TP towards previous high or upper trendline (whichever comes first)

jerrin98

Entry after engulfing 1hr candle

jerrin98

My confluences Weekly: At weekly price is close to the strong resistance zone On higher time price has had huge impulsive move to the downside, price is currently in a corrective phase Daily: Price has had the 3rd touch on the daily correction chart Price came back up for a possible double top 4hrs: Price could form an extended double top level Waiting...

jerrin98

My confluences: At weekly: Price is at a resistance zone Weekly 50 EMA acting as a resistance level Daily: 3rd touch on upper trendline with a corrective breakout 4hrs: Price breakout in a bearish pattern at the 3rd touch area 1hrs: Waiting for a good rejection on the 1hr candle possible double top rejection and price move to the downside

jerrin98

My confluences Weekly: Price is at a strong weekly Resistance zone Daily: Price had a long wick rejection of weekly resistance level 1hrs: Price had rejection after the 3rd touch on the upper trendline 15mins double top neckline break impulsive move down waiting for a pull back with a rejection for an entry

jerrin98

My confluences: Weekly: Price at a strong resistance level trendline rejection Daily: Daily level trendline broken Lower low formed followed by a retest 4hrs: double bottom + neckline break potential retest 4hr 50 EMA as a support level 1hrs: Possible push down towards 61.8% fib level

jerrin98

My confluences: Daily: Double top rejection - possibility of triple top Daily 50 EMA as a support level 4hrs: Break of structure new higher high created with pullback Price currently at 61.8% fib level 1hrs: trendline + support level waiting for a good rejection entry candle to be 1hr rejection candle

jerrin98

My confluences: Weekly time frame: Price is at the support level Approaching Weekly 50EMA level Daily: Price is currently in a corrective phase after a huge impulse phase 4hrs: The pattern within a pattern (In yellow lines) Possibility of one more push to the downside and then a move to the upside 1hrs: Lower time frame correction towards the lower...

jerrin98 Updated 

My confluences: Price finding strong rejection around $30,000 area Price formed a double bottom Price formed a bullish corrective pattern after the rejection from a strong support level Price finding dynamic support level at 50WEMA Higher time frame trendline breakout, followed by lower time frame correction

jerrin98

Trendline resistance + double top Divergence in price and RSI

jerrin98

Breakout entry Divergence between price and RSI