In this look at COINBASE:BTCUSD I just use simple patterns and timing to give us the downside target of around 12k. This lines up with previous market tops and lows when it retraces up to 88.6% from the ATH. The other reason for one more low is the fact that the 3-4 week rally from the June low was very weak. There is also the pattern of high to high high...
Alright guy, what I am trying to imply here is the possibility of the formation of a "Falling Wedge" bullish continuation pattern. If that is to happen, we shall continue to see bulls over-powering bears and following the design of an AB=CD pattern. If that is to happen we will see the breakout to D point but until that breakout occurs we wait otherwise we...
---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- XRP/USDT: Bouncing off buying area Context - The Global Crypto market leads by BTC and ETH reversed up drawing a new bullish trend - XRP versus ETH remains flat (no specific under/out performance) - We are watching at 0,48 as resistance to re-integrate to...
---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- CHZ/USDT: Strong bullish momentum on going Context - The Global Crypto market leads by BTC and ETH reversed up drawing a new bullish trend - CHZ is one of the coin outperforming the ETH - We are watching at 0,3280 as resistance to re-integrate to provide a clear...
Bullish AB=CD pattern is formed on currency pair EURUSD and now the trend will be reverseded from D to bullish. Manage your levels accordingly.
------ Mid-term Analysis for the next coming 1 to 12 Weeks - Based on 3h Chart ------- AKTIO/USDT : Bouncing off buying area Context - (APP) Akt . io app available since March 2022 on Apple and Google Store (Europe only for now) www.akt.io - (COIN) The AKTIO Coin ( native ERC20 coin from Akt . io app) has been launched the 13/04/2022 at 1,09$ on Bittrex...
WMT formed a bearish AB=CD pattern and almost at PT1
AUDUSD is bearish and ABCD pattern in process. The pair has reached to high volume area so the bears should take control from this point. We might see little more push to the upside to Fib 0.5 with fake breakout but the direction is clearly down in the channel to complete the pattern.
Hey traders, USDJPY is trading around a very peculiar zone: we see a perfect confluence between a horizontal structure resistance, a recently broke rising trend line and a completion point of a harmonic ABCD pattern. Moreover, analyzing 1H time frame, I spotted a double top formation with a confirmed neckline breakout. I expect a bearish move at least to...
Thing we are heading for a lower low in the dax-index. Kepp this in mind. Allot of people is jumping in withoutv a scurity at stand. Will bee a nice trigger for a downturn.
The Daily Chart's Bullish Bat Pattern coincide with the 4-hourly chart AB=CD pattern that completes at the HOP level at 1.1824. This is a counter-trend trading setup; a minimum of 3-bar reversal is required, especially in times like this.
Hello traders 🐺 . In the chart above we can see that BNB is trying to follow the ABC pattern , which in my opinion is very very probable for the BNB to reach a new all time high price and even very higher than that , not just because of the BNB/USDT chart also because of the blow chart which represent BNB/BTC chart : good luck my friends , have nice trads 😉🐺 .
I was hoping to see 4185 retested, to retest the X leg and see if it held as support. Currently the 18 ema is crossing up through this level. So I dont believe we'll get a 4185 retest . Disclosure: I bought puts against the bearish 3x financial etf $faz..
These are beautiful Harmonic Patterns, the Bullish Bat@0.886XA and the famous Extended ABCD(AB=CD) Pattern, there are both complete and the price it's now in the PRZ, ad that's the time I believe it will start the test of the PRZ and it will bounce just a little bit there, and sunday market open will show to us what really will happen with that. That being said...
GBPUSD is near fib level 0.618 and ABCD pattern is complete at this level. Trend will change and GBPUSD will be bullish around 1.195 - 1.197
Despite today's drop; 4H TF is still taking us to the $1,850.. "not a fin advisor"
Just a simple look at the market repeating. In the Photo I have the TVC:SPX from 2008. In that example we have the market retesting the 200MA before we saw the major selling. From the High in Oct 2007 until that retest was 221 Days and if we look at where we are today we are sitting at 224 Days and we have just hit the trendline from the top. Can we go...
BULLISH ABCD PATTERN 1. Strong up trend can be expected. 2. A rejection can be seen at point D. 3. Bullish Candles have started to appear after the conformation of the pattern. 4. A tight TP is set with a take profit level of 104.700. 5. A stop loss level of 103.521 is set. 6. RR ration of 1:3 is taken for this trade.