I believe that the correction phase is just about over. I got one entry to test the waters . My confluence for this trade was major rejection from the support zone followed by a morning star formation on the 1hr chart
I'm trading UJ on a continuation simply from the fib levels Looking to any profits before the market closed but I am eyeing the 0 level.
Looking at BITCOIN now, I'm seeing some exhaustion patterns forming on the daily chart. I see a "descending pattern" along with a "morning star" formation . I pulled out the fib and based on my analysis I can see price going to '40,000'
took an entry on BTCUSD. I caught the move up to '40.000' then we hit a correction phase. Looks like price is re-testing our support zone. I'm looking for price to make a push to the upside due to the 'W' formation on the 15min timeframe right at the support zone My overall target is '48,000' however if I see anything signs of price reversing I will step out...
I'm predicting that GU you will continue to the downside. my confluence is bounce of the fib golden zone along with a bearish flag pattern these are two signs of continuation to the downside
Overall Price in a correction phase on the higher time frames. However price showed signs of continuation to the downside due to a double top formation. Looking for price to keep being bearish long term.
I'm expecting price to continue to the downside. Price impulse through channel and is now in a correction phase. Looking for a break to the downside.
I'm expecting GJ to continue being bearish. Because it came back to test old support level just to drop off to the downside.
I'm expecting price to continue going to the downside. 1. price could break trend line going to the downside right away. 2. Price could break to the upside just to bounce off the 50.0% or 61.8% Fib level aka the 'Golden Zone' to continue heading to the downside. 3. Take Profit 1 ~ Fib TP Take Profit 2 ~ 1.20 NOTE ~ PRICE IS UNDERNEATH THE 50 MOVING AVERAGE !
Price is on a steady downtrend. Price retraced back to the 50%,61.8% FIB level which is the 'golden zone'. So I'm expecting price to continue to the downside to complete is overall trend.
Price is currently bouncing off the 50% fib level. I'm expecting price to continue to the downside all the way to out take profit zone. which is the Minor zone.
Originally had Price selling but since it rejected the 1.90 level. I'm expecting price to continue being bullish to the minor zone.
I originally had price going up, but looking at what price is doing right now. I'm expecting it to continue going to the downside. TP1 would be the minor zone. TP2 would be the next support zone.
Expecting price to continue being bearish to the downside. It's currently in a correction phase before another possible impulse move to the downside. If price breaks through support zone then I will take it to the next zone.
Price was on a steady downtrend last week. I'm expecting price to continue being bullish this week all the way to the major zone '1.10' to possibly make a double top formation to the downside.
looking for price to break zone and retest then I will be good to take the sell down to the Minor zone.