Each final blow off top preceeded by quick and dirty liquidity grab. If we have similar drops to 2013/17, we may wick down to mid to low 30s... lets see :)
I rarely go counter-trend, but this is a very clean bear flag pattern. After a large sell-off, the price retraced weakly, suggesting the bears are still in control. Next area of buying pressure is at $1800 and a potential risk:reward of up to 5:1 makes it a trade worth making in my opinion! All the best, Phil
Price broke out of range and then bounced off resistance turned support with bullish hammer. Bull flag pattern Final TP = length of flag @ approx 1950.
Bullish trend Ascending triangle pattern Stop loss if pattern is broken. Target 79.0 - roughly next area of resistance.
Bullish trend Tight consolidation forming bull-flag pattern. Target next area of strong resistance at 2.00
Ascending triangle pattern coming to completion. Bias is bullish. Two ways to play it - 1) Buy now and hold, hoping it breaks out (best profit potential) or: 2) Wait for breakout of triangle and then enter position. Stop if price breaks the triangle to the downside.
Price roughly respecting the 20eMA. Buy if next candle closes above it.
Price is bullish Breakout and retrace back to support. Bullish engulfing candle bounce from support. Target 1.6 fib.
Price is bullish Retest at resistance and trend line - rejection & bullish engulfing candle First target at next high and ride some of your position to see if it runs further.
Momentum is bullish. Price has broken out of range. Has been roughly respecting the 50mA recently. Wait for pullback to support line and wait for 50mA to catch up to price. Buy if there is a bullish reversal candle.
Bullish Uptrend Higher lows into resistance (Ascending triangle pattern) suggest price will break out higher. Set SL below upward trend line. Profit target at next swing high.
Possibly the formation of a downtrend channel. Sell at top of the channel if there is a bearish reversal candle.
Recently broken out of resistance. RSI Divergence suggests price will fall soon. Buy on bullish reversal candle at support line.
Overall bullish trend, but weakening as it hits resistance. Wait for price to retrace to resistance and enter on bullish reversal candle.
Bullish Trend Bounced off the 50mA many times! Not too late to get in on the trend :)
Currently in a bullish trend, now pullback after parabolic move. Confluence of resistance, 50mA and previous upward trend line could be a good place for price to bounce-back. Enter in the highlighted area on bullish reversal candle.
Build up at resistance - tight candlestick formation Bullish trend long term. Take Profit at 1.6 Fib SL below candle build up. (1ATR, or whatever you choose)