BTCUSD Next Possible Reversal Zone
Weekly close under this zone means that there will be blood. But still I think that buying close to the zone has a good R/R. Upper diagonal line just a possible take profit line(roughly) if it doesn't break the support. The line is not for a descending triangle like I said.
There is a clear daily RSI divergence on USDCNH. I shorted this after daily close with RSI couldn't make a new swing high(obviously), I have 3 targets, and will close the half on the first one.
This is a high risk, pure price action trade that I am taking. Purple boxes are potential buyback and long zones.
I'm shorting this pullback. It's a simple h&s, like the most pullback is occurring after the breakout. Most H&S are reversal patterns like this one, rarely it can be seen as continuation patterns as well.
I am sharing this possible inverse h&s because the volume is looking good for h&s. This pattern also sits on a big falling wedge. The target is time dependent of breakout. Even if upper edge of the falling wedge is lower than the actual possible target, you can expect retrace from there, if it can manage to get up there. Of course this analysis highly dependent...
This rising wedge is going to call of the possible inverse h&s. Volume is also declining as it's supposed to be. Target is the red line segment beneath the wedge.
XRPUSD continuation symmetrical triangle just like the one on the Bitcoin. Red ray is the estimated target, I will update the target after the breakout.
$CHFJPY Bullish Gartley. I didn't take .618 retracement as target because the resistance at .5.