Foobonacci

Foobonacci

Tripple bottom/Adam & Eve bottom and also 3rd wave price action breaking out of the channel 100% long

Foobonacci

Looks to me like the bottom of wave 2 of a large 3rd wave extension. Strap in.

Foobonacci

Elliot Wave theory in it's most simplified form is just impulse waves and corrective waves. The impulse waves move in the direction of the trend. The corrective waves are counter trend and we should expect them to reverse until proven otherwise. Typically a move steeper than 45 degrees is impulsive and under 45 degrees is corrective. There are exceptions, it's...

Foobonacci

If we reclaim this channel then we are off. If not, then we may see more downside.

Foobonacci

I've made notes on the chart ;)

Foobonacci

AAVE looks ready for mark up

Foobonacci

A test of the neckline followed by a jump across the creek, a build up, and then mark up

Foobonacci

Looking for a sign of strength following by one last LPS

Foobonacci

I don't think I've ever seen a better example of an ending diagonal.

Foobonacci

Weekly summary Bitcoin weekly On the weekly I'm comparing this run to the 2017 bull market and noticed something phenomenal. In terms of the percentage gain from the most recent bearish candle we are already higher. I think we really need a pullback soon for this trend to continue in a healthy fashion. If we just keep going like this the crash will come too...

Foobonacci

Declining supply suggests it should break up. Do not try to front run a set up like this. Do not try to short this. In a bull market you buy dips, you don't short.

Foobonacci

Ready to rumble?

Foobonacci

It's a bull flag you know what to do

Foobonacci

New Zealand goes back into lockdown 11/8/2020 12pm local time with new cases in the community.

Foobonacci

The top of the flag represents long term horizontal and sloping resistance. Looks ready to pop to me but there is no entry without a good break or solid 8 hour close above the flag.

Foobonacci

What is going on with AMPL? So much bullish sentiment and yet we have lost over 86% to BTC and 84% to USD. Is bad news to follow? I'm staying out until I see it find support and signs of life.

Foobonacci

Sellers look to be losing and I'm long. But cautiously long as there is still that CME gap down to $9645. So half my usual risk on this one. Ascending triangle Hidden bullish divergence Respecting moving averages Positive sentiment A lot of things in our favour here

Foobonacci

Massive hidden bullish divergence. Continuation pattern breakout. LONG.