TSLA Potential Bearish 5-0 Update October 10, 2018I'm long to the 386 retrace. Than potentially short to targets on chart.
5-0 Pattern
long nzd/usd for completed 5-0In daily chart,decline trend seems weaker.
Price now been support by fresh demand zone,and ma89,and D point of 5-0 look completed.
CHF/JPY Bullish 5-0 after Bullish AB=CD CHF/JPY potentially forming a bullish 5-0 pattern
Action : Short
Open : 116.250
Target : 115.500
then
Action : Long
Open : If price bounce around 115.150 - 115.250
Target : 115.900
Trade Ideas Position: EURJPY H1 EclipseWhen pattern overlap pattern overlap pattern and they are all valid, I call it the Eclipsed.
Yeah!
We have 5-0, the infamous Double Top with Div and Bear Bat all still valid. What will you do?
Trade Ideas Position: EURJPY H1 5-0Waiting for Double Top to short this and pretty much believe we will see a divergence when that happens, which happen to be one of the criteria for me to engage the trade.
INTC 5-0 Pattern - contrarian upside move trade 56.5 targetINTC 0-5 pattern - the likely resolution of this pattern is downside, but if it can't go down, then it violently pushes upward to 88.6%. This is a contrarian trade, lot of people are betting downside move, options are skewed a lot to downside, so likely it goes up, the risk to reward is to upside.
OMXS30, 4H - Potential Shark patternOMXS30 continues to be bullish and are looking to face two resistance levels ahead.
First one is at the level of "X" in the pattern, wich is strong nut we Do see some tests just above lining up with the top of the Sharks PRZ.
Expected reaction from the Shark is a 38.2% Fib, but often we can see a pullback down to 50% where w, in that case, have a 5-0 pattern comming up.
Interesting time ahead for the Swedish OMXS30.
BUY-XAU/USD.H1.5-0 Pattern HarmonicFollowing 5-0 Pattern Harmonic
Price touch strong support by uptrend line W1 and fibo retracement 50%,and touch fibonacci extension 127.2 % of AB.
Follow 5-0 pattern price will test fibo retracement 50% of BC and go down retest uptrend line W1.
If the price break uptrend line W1,it will go down and test fibonacci extension 2.24 of AB (1232).
FTSE 100 - Bullish 5-0The FTSE 100 is shaping up nicely on the 4h chart, I'm expecting this bullish 5-0 formation to complete within the next few weeks at the 50% retracement level.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
We will be trading with a stop loss below the 0.618 retracement level at 7240. If we execute the trade, target is 7896.
You guys know what to do... Like, comment and share! More analysis on the way.
Bullish 5-0 or Bearish Sharkwell that's going to be the ultimate question here as to whether you're long or short.
Ultimately, I say we going down but this is 50% retracement to decide whether we bounce to fulfil bullish 5 drives or continue falling to fulfill Bearish Shark.
Bullish 5 Drives vs Bearish Bat and Bearish Sharkoverall structure a Bullish 5 Drives OR Bearish Shark.
Bearish Bat
Diamond (potential reversal) pattern forming
SPY 0-5 Pattern on Daily. If no bounce 269 is straight down moveSPY 0-5 Pattern on Daily. If no bounce from this 50% retracement, it will be a straight down move to 269.
Bitcoin's Harmonic JourneyBearish 5 Drives megastructure leading into a Bullish 5 drives up to 8500 to which will fulfill the overall Bearish 5 Drives w a target at around 5.5k.
Upon completion of 5.5k retracement OR sideways trending on a strong demand zone, Bitcoin's harmonic may become a Bullish Deep Crab to which will have a target of $10k+.
I've been bullish about bitcoin and I'm open to us shattering 8500 and reaching for 10k+ but I'm just reading the chart as it's presented and it's pretty clear what is being presented.
The following is astrological and Gann fan related. I am in now way a master of this and while I've witnessed the significant correlations of astrological events w price action and fud and fomo doesn't mean I am an authority on recognizing it. These are data points that I am interested in observing so just understand that's where this part of the analysis comes from.
There are different star systems that astrologers use. In the beginning, I used tropical, which is used for Western astrology but I'm favoring and using Sidereal (of the stars) astrology based on observations I've thus far made between tropical and sidereal for bitcoin's price action.
Astrological and Gann fan aspects: It's interesting to note that this weekend, there are several planetary bodies (the moon is a planetary body) that are moving into constellations. In astrology, it's significant when a planet enters a constellation/sign and even greater significance when it multiple planets entering a sign/s.
6/8 - Friday - Moon enters Pisces
6/9 - Saturday - Venus enters Cancer - Gann fan cross
6/10 - Sunday - Moon enters Aries
6/10 - Sunday - Mercury enters Gemini
Last time we had this many planetary events in a 4 day time period was during Consensus 2018 last month.
Next there's June 18th... as in 6/18... (Golden ratio anyone?) and this day is at the apex of the pennant that we are forming from our run up to 20k. Fun fact: Kepler characterized Harmonics Law on May 25th, 1618. Nice timing with that year, Keppler! Also, May 25th is when the Buddha's birthday is celebrated.
6/18--- Neptune Retrograde - I've been trying to understand how different planets could affect price action and I'm afraid I don't have enough experience to talk about Neptune retrograde in that regard. What I can say is that Neptune retrograde is a wake-up call to the delusional fantasizers. The big question is who is delusional; the bears about the price dropping or the bull greedy for the moon?
Gann Fan - so in a previous chart I published, about how hype 4/20 is going to this year has a Gann fan apex/wedge/crossing at 4/20. If you press play, bitcoin literally drove right into the wedge, continuing upward. It's not at cleanly depicted in this chart bc scale has things slightly off, but subsequently parallel to the 4/20 apex is a Gann fan apex at 6/18. What does that mean? mmmm, I'm counting on the Bearish 5 Drives harmonic to play out.
6/26 - Mars goes retrograde - This isn't looked as favorable but we shall see how it goes.
7/7 - Mercury enters retrograde zone - This should be daytrading- short term bearish.
7/10 - Jupiter goes direct - bullish. Planet of wealth, abundance, expansiveness goes direct is a good sign. When mercury went direct (4/15) we took off. 5/3 - Mercury left the retrograde zone and that day is associated w one of our double top/highs from the April bull run. We also have a Gann fan cross on 7/10 reinforcing the significance of that day.
7/13 - partial solar eclipse - historically a bullish event. Significance reinforced by a Gann fan crossing.
7/26 - Mercury goes retrograde - Bearish
7/27 to 28 - Total Lunar Eclipse - Bearish
I use astrology to find confluence in the story that's being told w price action. I am very much a novice and appreciate you hanging around to read the end. :)
Short-term bullish 5-0 pattern right after long-term "bat"Once again, as soon as we learned a new pattern, we(@iDC_INC on twitter, @idcinc on steemit) were able to find it immediately in the bitcoin chart. It's not perfect, as the AB leg briefly goes a little lower than it would have ideally, but it's pretty damn close. This is just to serve as extra confirmation of the bull trend we've been anticipating, and that seems to be playing out.
