TheLaboratory

TheLaboratory

Hi everyone! this is a simple setup but very lucrative as you can see. The whole concept of this setup is applying harmonic pattern, in this case the chart pattern and approving it with the RSI divergence price is already rejecting the 106 lvl after retesting it,it could fall even more since there is a bear flag tell me how much are you terrified about this...

TheLaboratory Updated 

Actual condition of market can give us two incredible setup. the first one will be a buy until price reach point D (completion of harmonic pattern) then a short will be possible at the moment price will reach the blue box to describe better the first setup : prince bounced strongly on demand zone(red box) meaning buyer has succeed in defending this level. now...

TheLaboratory Updated 

Reached point D of bearish bat and price is stagnating at the psychological lvl : 0.777 (bulls must take profit in this area and bears should attack) price must form a correction before rising again. trade order pending (two-step verification before entering the trade as a maximum security), im waiting few minutes before taking the decision of shorting harmonic...

TheLaboratory Updated 

We can observe that a wedge was formed , broken up and then retested but price rejected it (as well as the .786 fib lvl) also GBPUSD keep forming higher lows and higher highs while EURUSD is in a downtrend also sterling have retested is ATH while euro keep stuck at bottom this latence between the two correlated pairs may confirm that euros will probably form a...

TheLaboratory Updated 

USDCAD have formed a correction to 0.618 fib lvl and seems to reject it. there is also the stochastic showing signal of a coming upwave. Use this signal to enter and use ABCD pattern to find a target (take profit during the rise) so aim for 1:2 and higher

TheLaboratory Updated 

formed a bullish shark and broke the initial downward trendline + formed multiple inside bar breaks up catch the trend reversal and aim for 618 and higher

TheLaboratory Updated 

The 19 may 2018, a mysterious anonymous (bizonacci) released a video on his channel called "Crab-17" this antagonist is already famous due to his controversial videos in which several actors of the bitcoin market are depainted as memes. Does he tried to warned us about something? If we try to retranscript the scenario of his video in this analysis we can observe...

TheLaboratory Updated 

We can enjoy this opportunity to long because the confluence of support is where several supports meet therefore its harder for seller to break it and it is where bulls start long with a lot of buy orders. the concept of a confluence of support opportunity is that you have more probability to win because bulls will buy of the trendline pullback, other bulls will...

TheLaboratory

target on chart short is recommended from here with a stop loss above the neckline fundamentally there is a lot of important news this week: second wave of covid, american election , economical plan for the USA, brexit negociations ,etc. therefore it should fall due to nervosity

TheLaboratory Updated 

Several strategies combined can gives us an indication to where the price is heading next and how to positionate in order to enjoy the possible next move. First there is a bearish shark pattern here that just formed, then there is the fact that price rejected the top of the range to finish there is a bearish divergence within macd indicator which is confirming...