BIIB came out a nice Gartley Pattern on 4/22. First stop should be the $277 area as AB=CD, where I would think there will be some profit taking. Upside targets ($290+) are shown as this evolves into a possible Deep Crab Harmonic Pattern. Biogen needs FDA drug approval, descent earning against healthy market backdrop for this to happen. In higher time-frames...
Saudi Pharmaceutical #2070 Deep Crab
expecting a Deep Crab, so ( D )spot should be going until (1.618) external retracement of (XA)
Bank of America (BAC)... this company is found in Warren Buffet's Portfolio and once it becomes a bargin price it will be found in mine too. I follow the advice layed out by The Oracle of Omaha. The company financials are very weak from a value investors point of view. The total revenue has been flat line at best for the past decade and when your operating income...
BajajFINSV has started a Wave 5 on a weekly EW Cycle. Possible targets are explained in the chart. SL around 10450
This is a small update to my pervious monthly and daily chart where i pointed towards the possibility of a Rising Wedge and a Bearish Crab to take us to lower levels soon. As of today we have had a strained rally above the 1.618 and look to be heading for the supply line of our Rising Wedge. But it looks like with all the indecision we are showing only just...
ETH in the next few hours will probably react strongly to this level
Potential deep crab, with Bullish convergence on the MACD and RSI
Okay the godfather of Cryptos Bitcoin. So, we (as a market) saw Yesterday Evening (here in the States) a crypto "Crash". I was getting notifications from many people in a mass hysteria last night. I told them to relax (or not their choice) and gave them this very explanation. "This is a much needed correction. This move down will free up some liquidity in...
It appears our assessment of the cypher pattern in Ethereum was a bit premature. What we thought was a bearish Gartley pattern evolved into a bearish crab pattern. We saw almost a full retracement of the CD segment which is perfectly reasonable for this pattern. The level $2143 has provided good support and we are likely to continue to see support here. It...
Trade with care and at your own risk. Abbreviations / Keywords: LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation SL - Stop loss TP - Target Profit POR - Point of...
for opening a position you have to have enough reasons. and I have enough justification for my self to open 2 short with different lot sizes and my reasons are : resisted from resistance cloud gap macd cross in 1H TF momentum harmonic bearish CRAB baseline Ichimoku flat good space in RSI to fall it's better to trust your analysis, for me these are enough to...
After deep crab in ETH and butterfly on BTC we have a same shape and elliot waves. so we are in (A) of a zig possibly then we going for a (B) and a rising, the again a crash for (c) . be patient and wait for a good moment to entry. i mean point (C)
MID-TERM: Close to a bullish crab, bounced at the 2.618, which was also an iceline. Classic bullish divergence already confirmed on daily, but developing on 4hr. (not financial advice)