Gold having recently fallen 11% from its all time high (US$2075) back in August is interesting. Usually used as a Hedge during times of high volatility in the markets, gold is taking what looks to be a serious retrace after 2 years of mostly uninterrupted growth. What's interesting is that the markets across the world have become inherently more unstable due...
GBPCHF has an inside month breakout. In small time frame, it already had a back-to back bullish bat patterns, I tried the 2nd and still got some long position with my out @ 1.1940 now. If my out got triggered, this back-to-back-to-back pattern may start to take place, and I'll be waiting for 1.1905 spot to long again. Let's see how it goes yo!
Today I wanted to share with everyone a potential time line as to when XRP might see some price movement. It’s no surprise, i’m seeing it everywhere and you are too, the bottom is expected to reach $0.12-15. My guess is a candle closure in the $0.15 range and a nasty ‘wick-fish’ down to $0.125. The question is when? Obviously nobody can predict this however what...
Disclaimer: Not financial advice. A breakout and squeeze as the last earnings established a trend reversal that is now breaking out of a small parallel channel. There's some good space in the next 24 bars/35 days to earnings to reach the next level of resistance around $39-$40, about 17% upside. The current lines of support seem to say there should be about 6%...
Explanation in analysis. Not used the 'bar pattern' tool before... but looks like a nice set up either way. With current fundamentals (trade war/recession etc etc) we should continue to see safe haven flows.
On my previous 1D post I highlighted a pattern within a downtrend channel. On this 1W chart those two patterns confirmed by reversal bearish bars (Engulfing candlestick and Evening Star) both are rejecting off 20 EMA. *RISK DISCLAIMER* None of the information above constitutes any form of investment advice. All of the opinions expressed are solely personal and...
On this Daily chart a pattern is repeated within a downtrend channel. On a weekly chart those two patterns confirmed by reversal bearish bars, first being Engulfing candlestick and second being Evening Star candlestick both are rejecting off 20 EMA. Expectations to the downside. *RISK DISCLAIMER* None of the information above constitutes any form of...
Hey! I want to introduce you this idea. I was looking for a PA reaction from the same L/S ratio setup, and got this surprise. I think it's really accurate and deserves to be shared, even if it fails horrible. Of course this is not a financial advice, and it might get invalidated if BTC breaks 7.5k with a full body candle on daily chart, or breaks 4k on the...
Advanced Harmonic pattern (BAT) already completed. Limit order for better risk reward opportunity or waiting for a confirmation, pion bar candle, bullish engulfing candle
was watching this bar pattern play, and wouldn't have published it, but it was such a perfect copy thus far, just placing this here to watch how it goes. If we follow this, we head down to those horizontals soon to negate any hidden bearish div and get some fuel for the next moves up, potentially allowing people an easy in to this new trend. Let's see how it goes.
I think Vibe price will be do same movements
This is an A-B-C-D chart pattern. A-B leg completed B-C leg retrace between 38.2%/61.8% fib C-D leg should equal A-B leg Target is either 1. equal to A-B leg 2. Equal to bar pattern copy Stop loss above C candle