This methodology provides dynamic levels for turns (swings). The Highs suggest time frames, and the cyclic time tool fits well. There should be a directional move soon, and will leverage aggressively.
COST is showing nicely a very popular price action Quasimodo pattern . Quasimodo pattern is also called Over-Under pattern. It is simply formed by series of Highs and lows as shown on the chart. Sell zone (568-571 USD) was shown on the chart for COST. In addition to strong static resistance of pattern we also have 0.786 Retracement level of the last...
Nasdaq 100 index is going to fight with strong resistance again. Who wins the battle? Lets follow ! This strong resistance is formed by 0.618 Retracement of latest drop in the index from 12897.63 to 11311.05 and a static support/resistance line with several hits which makes it very powerful and valid one. Our static line acted as strong resistance from Sep...
ETH is looking VERY good on WEEKLY timeframes. MACD is rolling to the upside. PSAR has tapped to the up. Previous cup and candle has come into support approx 40% in. We have tapped both the 78.6 and 88.6 fibs and are currently fighting back through the golden pocket. Looking to see this weekly candle (2 days to go) to close above 3,100 for bullish confirmation....
25-30% upside on DOGE. Adam n Eve pattern very similar to what we saw at the beginning of August that resulted in 51% to the upside. Don't think it will go that high but 25-30% is reasonable based on depth of the Eve.
Interesting opportunity to go short on GBP USD 15 min chart. Hot static point ! Good risk reward
It's a little bit too late on this but entering on a pullback in the 4h TF will give a RR ratio of about 1 SL: 1.4060 TP: 1.4650 Then in the upper half of the discending channel I'd try a good price action setup to go short