reference: www.babypips.com i don't think this is real, but if it is, i'll take credit for it. most likely invalid due to A-C.
Large round cup followed by 50% pullback? Yes Descending Volume Profile? Yes Targets = Measured move and/or 1.618 fib and/or R2 pivot more info on C&H here: www.youtube.com
Reference: davecharts.files.wordpress.com Minimum Target = 50% fib/Cloud Oversold far below TK lines last week adds to confluence
This idea pertains to futures contracts and how they may or may not be a leading indicator in a given quarter and merely correlative. Hypothesis: The week following the opening of a new quarterly contract signals sentiment for the quarter and therefore price direction. (Null hypothesis: The week following the opening of a new quarterly contract has no effect on...
Run of the mill 3 drives. Two drives have already been established. More info on 3-drives here: www.youtube.com Short accumulation zone = 1 - 1.272 fib Post 3rd drive, target = 50% fib
Cloud Signals flipping bull on low TF First time in a long time silver has been above cloud. Targets based on yearly pivots and Pitchfork.
Bearish Harmonic Trgt = 50-61.8 Fib SL = 1260
Rising Wedge + Bear Divergence (Vol/RSI) into R5 yearly pivot Should breakdown when 3/4 full Target = 200EMA, kumo support, yearly R2, 50% fib = $30-34 Stop = new AllTimeHigh Expect RSI to reset <30 if 200EMA is hit Alternatively, place bids on target instead of risking getting bulldozed shorting the bull trend.
Watch for 50/200EMA GOLDEN CROSS which will take shiba to the promised land. High probability target = 50% of previous move or ~80 sats.
Bearish Ichi Cloud Signals 1. Price Below Cloud - Yes 2. Bearish Cloud - Yes, Kumo Twist on Previous Candle 3. Bearish T K Cross - Yes, but large disequilibrium 4. LS Below Cloud & Price - Yes Broke 200EMA for the 1st time since July 2015 Broke Yearly Pivot cleanly
Ichi Cloud Bullish Entry Signals 1. Price Above Cloud - No 2. Bullish T K Cross - No 3. Bullish Cloud - Yes 4. LS above price and cloud - No Great setup on high TF already leaning bullish and bouncing on yearly pivot. Will be watching this throughout the week.
long entry = break of horizontal resistance on volume (and no sooner) SL = BE or appropriate level below BE target = measured from depth of cup wildcards - SEC COIN ETF decision, PBoC announcements/regulations Further explanation of a C&H here: www.youtube.com
I really only publish charts so I can say "I told you so" to IamNomad later on. The general idea is that price quickly retraces 50% of the dump while consolidating on RSI = 50. Also, watch for cloud support to hold until the bearish TK cross (Red over Green). A daily candle close inside the cloud with a bearish TK cross would be a reliable signal the fractal has...
See Annotations "Sell with Resistance" can look like - shooting star, tweezer top, head and shoulders, bearish divergence, etc. I haven't found much online regarding targets of the pattern once the 3 drives completes. As always, let it go and use your stop system.
Since 2015, this trend has been held within the pitchfork very nicely. Also note how RSI double tops just as price attempts to exit the upper quartile of the pitchfork and fails. I'm expecting a similar outlook for the completion of the next rally.
Bear Flag broke down last week. Price trend remains bearish per ichimoku cloud - Below Cloud, Bearish Cloud, Bearish TK, LS below Cloud and Price. For entries post kumo breakout, you want to see price reach back towards kumo and kijun, which is what happened with a tweezer top on 12/13-12/14. I'll be watching this throughout the week.
See chart for annotation. Looking for a pullback to ~50% fib with RSI 'reset' to 50. Expect volume confirmation on handle breakout of horizontal resistance. Target ~$1000USD
Just watched Neistat's review of the new GPRO drone prototype so I'm super pumped. youtu.be This idea is obviously super biased. HOWEVER, chart does look bottomy with a nice trgt of $37.18 on flat kumo signalling a potential long term hold into 2017. This trade gets more enticing when price breaks cloud and closes into it. I speak often about flat kumo + edge...