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Abcdchartpattern

BTCUSDT short up-to-dateSome correlations between Fibonacci ratios on retracement and AB=CD with oscillators Ehler's Smoothed Stochastic and Even Better Cinewave . Price action below weekly Volume Weighted Moving Average (VWMA-20) is a strong bearish signal to look forward to a bear trend continuation, assuming that we have an intraday upthrust (distribution) movement and a potential bearish breakout That's a very good point of entry for shorts in the crypto market. I'm maintaining my 14.6% Fibonacci target to the expected Head and Shoulders correction.
Short
by firmestudio
Aurora Cannibis (ACB) Is the Bad Trip Over Yet ?Its hard to believe this stock has lost over 99% from its 2018 high. Early, mid and even recent cannabis adopters have been crushed. Was it hype, hubris or too much indulgence of the product ? Who knows . Ours is to find a profitable trading plan with the odds in our favour. There have been many points along the way to establish long positions, but like the product, they quickly wore off. (The most recent was this October.) I am suggesting another such situation exist here. The weight of evidence suggests a recent short term bottom and a long side opportunity. Harmonically the confluence of a Gartley, Cypher and ABCD patterns should signal at least a reversal. Additionally selling pressure may be abate once yearend tax loss selling is over. I have clearly marked a roadmap for entry, stop and target points. Additionally I need my or your momentum indicator to "roll up". Once in, manage the trade. I will follow up and advise of any action. Not investment advice, do your own due diligence. Peace S. p.s. Let the price re-challenge the $1.17 area for entry and ignore todays wide range.
NASDAQ:ACB
by Steve666
West Texas Crude(WTI )....Positive Swans, Bats and Wolfves Picking bottoms particularly recently in the oil (WTI) complex, sometimes produces sticky fingers. That said, one could build a technical analysis case for a bottom formation at current levels. A) Longer term we have a completion of a Harmonic Bat. (insert) B) Shorter term turn we have : 1) A completed Wolfe Wave 2) Black Swan harmonic formation 3) An ABCD formation going back to last August. 4) Oct/Nov double top target hit 5) Mildly positive momentum divergence So how do you play this. I would certainly give WTI a chance to find a bottom and advance upward A penetration of 3 of the Wolfe Wave provides an entry point at $73.65(marked) Then a Wolfe Wave Target is set up for late January at the $85 area. Using the Black Swan harmonic we get targets as marked. If this the best way to play bottoming oil ? Probably not but its a signpost to play your favorite horse. Please note... Fed activity next week, year end illiquidity and Eastern European events should magnify WTI's volatility going forward. Good Luck and I will update as needed. Not investment advice, do your own due diligence. S.
BLACKBULL:WTI
by Steve666