I ran into this study from Trendoscope. on Decoding Wedge Pattern. I applied the study to my current pattern of BTC . I created a flag with a basic Drop correctionn for the base retest if we continue to create Lower Highs. I just wanted to say a personal thank you for the insight you brought. #1LoV3 #Chartist #AsianPicasso #CollabTheory
This is my UPS Chart Fib Timed and Fib level with a wedge focus run up and a ellipse accumulation zone focus
Setting this Macro Potential play till AUG 3 I will be looking at what happens till June 29 if we run up till then, then I will be lookin at July 17 Opportunities to catch the next trend. Trying to see if this Diamond Double Curve Setup will play out to the run up potential to 193-195 at the end of this pattern frame. The spike up could come initially so...
This is my Funnel setup for the run up. Im watching the 443 range now to the 448 trap. If theres volume at ths price point we are gonna keep an eye on breaking out of 453 to retest 458-463 range where I see we will see some sell offs. But there is a continuation to watch for for a new ATH if we break and maintain the 450 range Im watching the 473 481 489 493 503...
This is the general trend focus. I feel we will be in this chop zone to build up some accumulation prior to making a bounce. were at top of this current trend channel and feel a pullback is necessary. BUT I have plotted all major focus of the trend
Watching this range for a double bottom lower low signal for the spring up bounce. We call this the Slap Shot in my group. Watching the Break above 12514 Sats to Potentially test 13243 Sats range. Watch your trade zone range here and set your channel.
This is the Music channel were focused on. Lets make noise on the reversal
This is a fib channel range of the run up. Price point of current trend focus. with a wedge for the accumulation focus
Current Trend foccus pullback off this double top. Watching this range in this channel if we fail this blue line watching the 1.29-1.34 support dorp for any continuation bounce. if we go lower watching foll pullback o a potential additional correction. This Yellow line and BLue line is an important range now and till we break above it
This is a funnel setup for Doge within a curve channel. Must maintain the green projection trajectory for a breakout failure to hold above it will initiate a STOP LOSS to think about for the potential correction drop shown in the red path projection. Watch the movement within the funnel the DASH white lines are your current chop range zone.
Set this channel range with a correction drop from the top reversal. Im keepinin an eye if this has a reversal mid point to loop up or fail the midline support and create a correction drop. Will watch the next 2 divergences hard
Watching this wedge drop seeing if we start to recover from this higher low and retesting supply zone in this next few months. Im focusing atleast the mid level of this wedge. Still a trap range from that drop I feel a choppy accumulation build up but we will see how long it maintains this range
This is the Flag accumulation to the potential breakout range within the upper funnel. just testing a theory and a potential plan to create a indicator for some wizards :wink wink
This i the Now You will see and you will see how to recreate a focus from beginning to the current timeframe. Then We will run it with scripts show you some template layovers i tweaked. theres alot of Wizards there respect the talent and share some coins
TSLA Drop wedge setup with a range to a potential drop retest to the lower zone focus in the ellipse set. Watchin this trap divergence
This is a trend channel potential set up of a run up or a failure drop out of this chop zone in the center focus we currently are at. Wait for confirmation on either direction below 5.97 or 7.07 to decide your trend. This is my notes and not financial advice. Happy Trading everyone Trader Joe Lesson for you to play for 3 years
Channel plan set in this range of the ellipse to account for length of breakout. the wedge to account for the breakout and stop loss breaking the wedge. the support drops in the curve to show the accumulation in this time frame.