apphiapatten

apphiapatten

- Pennant chart pattern formed indicating a bullish continuation of trend. - Wait for confirmation candle - On the W1 timeframe price is respecting the 61.8% level - H1 timeframe is showing an uptrend and price retraced within the pennant. - We are looking for price to break outside of the pennant and retest it before entering the trade

apphiapatten

- Downtrend is getting weaker as price is struggling to make a lower low - Price is currently at a weekly resistance so therefore; it's a bit of a premature entry for a buy - As price is on a downtrend we would feel comfortable selling but need further confirmation on the H1 - The support level has been held since 2016 and price has touched it more than 3 times...

apphiapatten

- Lower time frames have performed bullish chart patterns - RSI is in the oversold territory and starting to peak upwards - RSI on the H1,H4 & D1 time frames is in the oversold area - Price is currently at a support level so price needs to close below this zone for a break and retest and then entry. - Pennant/Flag chart pattern formed indicating a possible...

apphiapatten

Price seems to be rejecting higher levels. Price has been hovering over the 61.8% fib retracement level of the previous wave and so I am looking to see a push to the downside. All TP levels are of 61.8% nature. - Descending triangle chart pattern has formed in the higher timeframes and price seems to be respecting the channel.

apphiapatten

5MIN Timeframe: - Price has broke through and retested the resistance level - Possible continuation trend - Long wick formed on the last 5 min candle. Price may retest this zone again. H1 Timeframe: - Doji formed at resistance level - Price may enter a state of consolidation or continue on an uptrend 5MIN & hour timeframe show contradicting signs. Wait for...

apphiapatten

Price seems to be forming a double top at support zone Possible continuation of the short trend. In a state of consolidation right now. Wait for confirmation candle... Price may test this area before breaking through as it seems on the lesser timeframes.

apphiapatten

Daily timeframe analysis: - Price seems to be respecting the upward trendline and forming an elliott wave pattern - Price has bounced off of the 0.382 fib level retracement H1 & H4 timeframes: - Price has broken the trendline and seems to be continuing down I like to look at the higher timeframes to get a bigger picture of the trend, market patterns and price...

apphiapatten

Price broke the trendline and retested and bounced off of the trend. Consolidation around resistance zone and price pushed off of the 0.618 fib retracement level. Possible buy opportunity. Wait for confirmation candle...

apphiapatten

Price seems to be respecting the trend line and has pushed off of the 0.5 fib level. Possible buy opportunity. Wait for confirmation candle...

apphiapatten

Price broke the trend line and retested this trend. Trend line acted as a support historically and is now resistance. Strong signs of reversal. Wait for confirmation candle.

apphiapatten

Again price seems to be respecting the trendline. Go short! Wait for confirmation candle...

apphiapatten

Price seems to be respecting the trendline. State of consolidation around support/resistance levels.

apphiapatten

Price seems to be respecting the trendline and a pattern of confluence as price goes down seems to be repeating itself through time. I'm expecting for price to go back up to the trendline and fall dramatically again... Or... Retest support zone and fall dramatically Wait for confirmation candle...

apphiapatten

- Rising wedge chart pattern forming - We are looking for price to drop dramatically as this pattern is an indicator for a bearish reversal - Price is nearing the support zone which is also the 0.618 fibonacci retracement level of the previous elliott wave - Price could reverse and continue long respecting the trend or break through the rising wedge, support zone...

apphiapatten

Price has formed a double bottom pattern. This is a bullish reversal indicator. Wait for confirmation candle...

apphiapatten Updated 

Analysis: - Price is holding around the support level. Could be a retest of this level or a possible reversal. - Wait for confirmation candle - Maybe a continuation of the overall downtrend or a continuation of the previous uptrend wave.

apphiapatten Updated 

Analysis: - Triple top pattern formed underneath resistance area. - Price broke through and retested this area before pushing off of the 0.382 fib level - Price is currently forming a bearish candle. Could be another possible retest of the resistance area. Price may be entering a state of consolidation. - Wait for a confirmation candle.

apphiapatten

Double top pattern formed above current resistance level/previous support level.