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Dear Tradingview family, Symbol: #USD JPY Strategy: #Harmonic_Chart_Patterns, #Anti_Gartley_Pattern, #Rising_Wedge, #Trend_Reversal #Trendline #Support_Resistance #RSI_Bearish_Divergence. Trade Call Type: #Short. Order Type: Sell Stop Indicators: #Price_Action. #Chart_patterns, #Anti_Gartley_Pattern, #Rising_Wedge #Trendline #Support_Resistance...
low tf analysis is showing a near term down, 1. within 170 - 200 band 2. anti-Gartley 3. previous wicks filled 4. fisher hyper extended PA doesn't say immediate down, but the 4 aforementioned "indications", say otherwise. "Is Bitcoin’s price recovery being supported by Lightning Network’s growth" - ambcrypto.com if this is true, btc will have to "re-adjust"...
in 4h time frame i see anti gartley pattern and i think we should short position in 1820.50 to tp 1800 and below
At the end of the day, this is just an indicator, albeit a big one. The drop distance can only increase at this point. I believe this will end in a blow off top for the bull market. options/vol expert points to the 2000 decline hinting the top may take until early 2022. Hope for the best. Prepare for the worst.