EURUSD is moving in the Resistance zone($1.0920-$1.0870) and near the Resistance lines . If we want to analyze the EURUSD chart from the point of view of Classical Technical Analysis , two Reversal Patterns are clearly visible: Head and Shoulders Pattern & Bump-and-Run Top Pattern . --------------------------------------------------------------------- ...
This is AMEX:AE Aeternity Project And on the last few weeks it has broken the wedge! A MULTI YEAR WEDGE! Making his 2nd try on the support of what is also a INVERTED BUMP & RUN! This coin looks like is getting behind others, as it still trying to reach the low Beam Band (fine purple line) If this coin enters the Beam Band and reaches to its ceiling, it will...
It's not perfect but it may be close. Let's see how it plays out now. I still expect some corrections/check backs if it heads higher, but so far it is playing out nicely. Disregard the solid diagonal white trend line, not sure what I was trying with that one. Maybe it will be a point of resistance, maybe not. Relevant fibs of support and resistance also...
There is from my point of view an BnR Pattern in the chart. At 129,9 there is an important resistance level, the highs if Nov/Dec 2019. The first parallel channel as well as a support line cross this resistance mid of June thus this may be a level where we may see an bounce back or if this level breaks much deeper targets (111 $)
The news with respect to the turbine issue induces a sharp price slump. In the chart we have all characteristics of an BnR pattern with a downmove of one channel . Recently, also the price has reached and taken the minimum Fibo Retracement which is a necessary condition for a local bottom
✅ EURGBP was able to make a Bump-and-Run Top Pattern . 🔨 EURGBP Broke the support line a few hours ago, and now it is on the Run phase of the Bump-and-Run Top Pattern. 🔔I expect the EURGBP will fall at least to the 🟢Support zone🟢 in the next hours. Euro/British Pound Analyze ( EURGBP ), 4-hour time frame ⏰. Do not forget to put Stop loss for your...
BTC/USD 8-hour: BARR pattern still on point 💪🏌 and price moving as predicted. Orders should be placed between 23500 and 25k to catch the bottom of the bump in accordance with the 2 descending trendline start points and the conclusion of it at 23500... to catch the reversal.
Inexorable drop event expect while a Bump & Run formation is popping. The correlation on price action and time, as the precedent drop correspondent w/ the Chaikin Money Flow divergence, is so much reliable to me. Price on 1h chart just formed a hidden bearish divergence on CMF in conjunction w/ Awesome bear divergence. Fisher transform is beautifully suggesting...
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Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Here are a couple of reasons on why I believe more upwards price action is likely for ETH in the near term: From a trend line...
Bump and Runs are considered in my eyes a neutral pattern once complete. If you catch the bump expect a large run up, above the main trend line . Following this expect the 'run' where price runs back to the major trend line in green.
Lets start with the establish trend, we have a lower high showing opportunity to continue to open up 2023. If you look closely you will see that we have a bullish hidden divergence. But does it have enough strength to blast through the Bullish line. If it does I can see it starting to fill those imbalance candles and attempt to make a higher high above 38.60. If...
I think GME is preparing to Square-Up the Range to return to a 78.6%-88.6% Retrace once it Breaks Down Below the Equidistant Channel of this Bump and Run Reversal Top.
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Welcome to Charting101, the Bump and Run Method . In today's analysis, I present a 7min MASTERCLASS for speculating...
This Pattern is unconfirmed until BCH Breaks above thte Validation Line but right now could be a nice place to try to get in early in anticipation.
When people consider the COVID-era market cycle, especially the part where everything went up on a 75 degree angle without any particular pullback for a year and a half, they seem to have been groomed during that long process to consider that normal, and that it's going to happen again. Well, the truth is that it probably is going to happen again. One really...
Overall i think the trend is not fading, I like btc to hit the trend line support and want to see the reaction at retest. While S&P and $NQ looks bullish. They are currently under consolidation. Im targetting 13900 for $NQ and 2330 for S&P in that case we will see a quick bounce in btc and crypto market. and I believe this is going to be a ideal moment to short...
It looks like the Bump and Run is playing out on the DXY chart. If this plays out like I think it will, this will be good for the Bitcoin price!