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Shark

BTC short-term scenario Hi all, I have been trying to find a scenario that would answer to the question spinning in my head. Let me explain it. BTC lost the "Weekly trendline 1" and I suppose that the prices need to touch the next lower one, the "Weekly Trendline 0", at some time. This has not happened yet. My question is "how and when"? I'm still thinking that we are in accumulation phase (with a certain probability) as with my Wyckoff analyses. Following these analyes, the next event to realize is that BTC needs to retest the upper resistance, around $23000. By linking these thoughts, I use "Shark" harmonic pattern to simulate a possible scenario, as you can see in chart. I admit that in short-term this is a bullish scenario. As always, we should prepare for a bearish one (like what happened in the end of 2018) for which I'll do a further analysis. Have a nice sunday!
COINBASE:BTCUSD
by evasivesteering
EURUSD - 5-0PatternWell, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels. On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern. Candlestick Pattern confirmation is required before one consider it as an trading ideas. p/s do your own analysis and never follow blindly
Long
by RaynLim
5