The elliot wave count is a bit messy on this one as we are in the middle of a long complex correction so I will be primarily looking at it from a harmonic pattern perspective. Potential short opportunity when the blue bearish Gartley completes, targeting the area where the purple bullish Gartley would complete
A quick fractal analysis on the NEO/BTC pattern.
If the pattern repeats, then the real NEO rally should start sometime end of january/february.
Maybe that will coincide with Chinas return to Cryptos? Who knows, but it might play out like this.
$BYOC has been slowly accumulated over the past few weeks with more and more people buying higher and higher. Why you ask? Well I tagged all the previous chart analysis which also has all the fundamentals that will more than likely be pushing this past $1.00 to even as high as $3.00
Read the tagged analysis and data.
Text book AB=CD pattern here.
Good trading opportunity to take +30% profits within the pattern... Just be patient and get your fingers ready!
Two key buy signals:
- Price will go down to 100days MA
- RSI going to the ~40 level
It's possible that we retest the ATH in then next 7 days, with adam and eve double top patter.
Please comment and share, I'm always...
ETHUSD Athough at top of flag cannot short here any more
Same conditions apply as yesterday, full of whip inside this
flag - but 2 strikes on the lower parallel means hot so if so it
will find support at 413...don't sell this any more. If we see it
break above the top of the flag and then beat 425 it should
rally well for thenext hour or two on momentum...
Unfortunately, my first analysis up here on tradingview did not work out (pattern was never confirmed), so today I thought it's time to give it another try. After all, it's not to late for some beginner's luck.
Over the last months Ethereum formed a ascending triangle pattern that may not be perfect but sure looks good enough. Ether breaking 400$ with highly...
GBP/JPY ready for a considerable directional movement. The chart is testing the 148 fibonacci price level together with a possible triangle pattern. Datas on UK's GDP will play a fundamental role today.
A potential Cypher pattern on the Aussie CAD pair has been spotted. Overall, the pair is in consolidation on the 4 hour time frame (with expectations of going to the upside) and the pattern is inside said timeframe. Therefore, a long position can be opened. Stops are placed below the consolidation zone; Target 1 is placed at a 61.8 retracement and target 2 is...
As you can see we have a nice compression figure call pennant pattern. It can either breakout in a bullish or bearish way, just look closely to the evolution in the next few days and get ready to react.
Hello traders! Right now GBPNZD is on the TOP of the daily channel. We are expecting a bigger correction at this level. Be patient and wait to see how price action develops. If the price continue to go under daily MA, then you can look for sell opportunities in lower time frame. Don't jump into the first red candle. Follow me for future updates. TRADE WITH NO EMOTIONS!
Hello traders! Right now EURNZD is on the TOP of the daily channel. We are expecting a bigger correction at this level. Be patient and wait to see how price action develops. If the price continue to go under daily MA, then you can look for sell opportunities in lower time frame. Don't jump into the first red candle. Follow me for future updates. TRADE WITH NO EMOTIONS!
