-Daily Sell off
-Potential 4th touch of Daily trend line.
-Daily support zone at 1.1335 area which lines up with 4th touch
-4 hour falling wedge pattern
-Targeting 1.1400 handle
-Would need to see some deceleration on 1 hour time frame before looking to take the trade
#STEEM analysis short
Seems like the wedge was broken and then price rallied to a monthly level of 9200 satoshis from December 06th 2017, today it is moving above it after positively testing the weekly level of 10450 satoshis and gaining the level when it make it over the daily level of 11300 satoshis. Now this is the important and more interesting thing to...
CHFJPY is currently on downtrend right now. Identifying that there is a Bat Pattern in the area makes me more confidents it's going down more and more.
Today we had a spike up which could have been expected, but I still don't see any change in the bigger picture. We are seeing a correction and it is very likely that we will see a new bottom.
I will watch how these two setups develop over the next few days.
In the upper scenario I will be looking for a breakout of the flag to the downside.
For the lower scenario I will wait for an entry signal. Right now there is none.
"My problem is that I have been persecuted by a (ratio). For the last few months this (ratio) has followed me around, has intruded in my most private data, and has assaulted me from the pages of our most public journals. This (ratio) assumes a variety of disguises, being sometimes a little larger and sometimes a little smaller than usual, but never changing so...
Gold sell off! Daily has stalled at weekly resistance. Price has been on a bullish run and in need of a pull back. Waiting for a 4 hour break of the trend line for confirmation to potentially go short. 1st Target is 1280. 2nd Target is 1265.
I m maded another chart because my opinion was changed a little bit about this trade.I tell you once again,is situated into a falling wedge which is a reversal pattern and we will have a breakout(upward movement) and also they can make a beautiful DOUBLE BOTTOM pattern at weekly timeframe which means INSANE PUMP like Waves. At stochastic we have bear cross and...
Seems like #STEEM is moving within a wedge that can start a possible move towards the recovery side if it breaks the wedge and moves above the 8000 daily level and targeting the 8800 sats daily level with probable resistance at 9200 monthly level which is a very low level formed from last month movement. It could go lower to the 7200 levels and then a possible...
we have a good brake out and a pattern. i think this currency have tree point that can touch them.
1- 1.1561
2- 1.1618
3-1.1792
i'm waiting for buy position.
