fxinvestmk

fxinvestmk

Bitcoin seems to fulfill harmonic pattern. After reaction on 50% fibo, possible point D of pattern can be found higher at 78.6 or 88.6. Additional confluence factors at 78.6 level: 161.8 of BC wave and geometry CD=127.2AB

fxinvestmk

Clear downtrend on this pair. After some minor reaction on 61.8 possible fulfillment of harmonic pattern on deeper retracements 78.6 or 88.6. Potential bullish reaction is countertrend so may be very short-term

fxinvestmk

Interesting area for some scalp shorts at 78.6. It will fulfill harmonic Cypher pattern.

fxinvestmk

After reaction on 61.8 Fibo, possible fulfilment of harmonic pattern at 88.6 retracement. There is interesting support zone. Bullish reaction may be very short-term

fxinvestmk

Reversal pattern - double bottom of "W" shape. So possible move up. Target at 88.6 where is point D of harmonic Bat pattern and resistance level.

fxinvestmk

Price is approaching to 61.8 fibo of last down swing. This level acted as support/resistance before. So possible some reaction to the downside.

fxinvestmk

Price is creating harmonic shark pattern with point D in the area of 35000. Reaction at 88.6 fibo retracement (e.g. pinbar) is needed as confirmation. Price already reacted in this area (red arrows)

fxinvestmk

After reaction on 38.2 fibo, possible sell opportunity at 88.6. This will fulfill harmonic Bat pattern. This may be continuation of downtrend (lower highs marked by red arrows)

fxinvestmk

Interesting level for long position: one to one geometry, 50% fibo level, previous support/resistance

fxinvestmk

Price broke from wedge pattern and retested previous support, now resistance. Possible move down

fxinvestmk

Descending triangle pattern used to reverse current trend. Breaking below support level will change temporarily the trend because sequence of higher lows will be broken

fxinvestmk

Potential harmonic Crab pattern. Reaction on 161.8 needed. There is nice support area. This might be very short-term bullish reaction

fxinvestmk

After huge rejection of 30 000 level, price makes inverted head and shoulders pattern. Breaking neckline needed as confirmation.

fxinvestmk

Inverted head and shoulders pattern should bring some move up after breaking neckline

fxinvestmk

Sequence of higher lows on the chart. Strong key resistance at 1.40. Breaking of this level will continue bullish momentum. Breaking down support at 1.3950 can cause down move.

fxinvestmk

Not much reaction on 61.8 level. Possible one more leg down to 78.6 or 88.6 to fulfill harmonic patterns.

fxinvestmk

Price kept one to one geometry. Descending wedge pattern and more probable breaking up to continue uptrend.

fxinvestmk

Just wondering...:) Key area tested at the moment