Just a update on BCH, We did have a nice move up and attempted to brute force that KEY area, but the Bears weren't having it and we took a shot down... Although, BCH is about to VALIDATE that last low and really start to dig its feet in and start pushing possibly. Both Indicators are showing at Hidden Bullish Divergence at the pattern completion zone @ the 886,...
$DOT has formed a nice broadening wedge at the 886 range from the last swing high to swing row and is now trying to establish/validate a new local higher low above $6.76 at the $7 range. The MACD and RSI has printed hidden bullish divergence on both oscillator's indicating that momentum is started to build back up to possibly break through the top of the wedge and...
Dot, looking extremely good here. Followed through price action when she smashed through that demand line and is now looking to claim a new crucial support. DOT is one of the best looking charts atm pertaining to crypto. Scott Carney's mouth would be watering looking at this... REPSECT THE TA
Trying to ignore the Bearish Gartley and stick with the Bullish Bat pattern... Anything below these levels will be a whole different ball game... Crypto's have the best RR for long positions since late July. "The Bat pattern is a precise harmonic pattern that I discovered in 2001. The Bat pattern is probably the most accurate pattern in the entire Harmonic...
My favorite Harmonic pattern, Butterfly ... The Butterfly Pattern®, The general extension structure of the Butterfly Pattern® was discovered by Bryce Gilmore. However, the exact alignment of ratios was defined in Scott Carney’s 1998 book, “The Harmonic Trader.” This has become the industry standard for the structure. Scott’s ideal Butterfly Pattern® requires...
Formation of a bullish Bat Pattern on monthly TF Buy limits at completion of pattern or enter a sell on pull back @ 50975.36 and hold with stops @ 53600 For all those in Buy for Bitcoin it will plunge to 10000 usd or even negative.
AUDUSD: A beautiful Bearish Bat with a 0.886 extension from XA. Type-I & Type-II with HSI from Harmonic Pattern completion (Pulled from MT5 chart). Type-II will give us more time to establish harmonic reversal. I am waiting for the new Daily candle to open and price to close below support at 0.75171 before opening a bearish position
CADJPY: M30 Bearish Bat Type-I & Type-II possible reversal from Harmonic Pattern completion. Type-II will give us more time to establish harmonic reversal. Would like to see engulfing candle below 92.189 (TP1) before opening a position.
GBPJPY update to #5 price broke recent support at 156.736 with a retest to keep moving bearish.
AUDCAD update from recent post on the H1 Deep Crab that formed 2d ago. Price is moving below Support at 0.92437 and we should be looking for bearish position.
XAUUSD H1 Bearish Gartley Type-I. Would like to see price close below 1791.18 before opening position for a sell.
GBPJPY Update #4 - The H1 Bearish Deep Crab Type-II reversal on the HOP is also a beautiful Weekly Butterfly. If you didn’t enter on the recent H1 Bearish Deep Crab @harmonicpattern you would want to wait for price to close below 154.435 before entering a bearish entry
AUDCAD H1 Deep Crab Pattern formed. Price will need to close below 0.92437 before entering.
USDCAD H1 Butterfly Pattern had a nice bullish engulfing candle breaking above resistance at 1.23169. Wasn't able to catch this entry today.
AUDUSD has respected resent support at 0.74059 and is on its way to Target 1 (TP1) at 0.73389
XAUUSD has broken Target 2 (TP2) at 1766.68O and on its way to Target 3 (TP3) at 1746.18
It seems coming up on the bitcoin 15min is a nice bullish shark pattern setting up. The bullish shark pattern is based off the .886 minimum fib with at least a 1.618 extension of the BC leg. The resulting formation is called a potential reversal zone. Green box. It is best to wait and see if the price first gets to the green box, where the bullish shark completes,...
BINANCE:COMPUSDT just made a confirmation low at the PCZ of a bullish shark. Very nice low risk entry for a long with much higher upside after the falling wedge breaks. Good luck traders!