Connix

Connix

Update of the previous parralel channels post . So far both our channels have played out well, apart from the retest and rejection from our green channel. If the red channel plays out like the others we should start to see a steeper decline from this point on. 🤞 This would also fit the narrative of the cypher harmonic Iv been watching for (see other posts on my...

Connix

I try to use as many indicators as I can to experiment and learn from thier comecomes. Iv been using the parallel channel tool recently and I enjoy how simple but handy it is. To me, recently we broke down from a upward trending channel (green) and it looked to me as if I slight downtrending channel was beginning to form (orange) Yesterday we momentary broke...

Connix

Looks like we are currently trying to break through and declining our cypher harmonic (white) which also happened to land very close to the 236 weekly fib I have drawn from ATH to lowest lows (red horizontal line) The shark harmonic (blue) hitting the 1.618 (orange horizontal line) is looking like to be my next target (30700) thats if we do break through...

Connix

We broke out of the parallel channel I thought we might be in so this indicator maybe out the window. Unless we close the daily candle back inside the channel, then retest resistance

Connix

Looks like the trend is starting to reverse? 🔻 Just in time as people are starting to get bullish 😅 Parallel downward channel starting to form? Most recent candle hit resistwnce at top of channel

Connix

We recently broke down from our small ascending triangle (blue lines) and hit the target shortoy after perfectly! (White dotted lines and yellow horizontal) We then quickly bounced upward to retest the bottom of the triangle, which looked like rejection! Currently looking at other possible plays. Mainly a upward parallel channel (green lines). As you can see...

Connix Updated 

Looking good for a cypher setup? Perfect so far 👀 perhaps we wont hit my target range of 16500-18500 after all 🤷‍♂️

Connix

Silly old me drew the cypher harmonic wrong! Thankyou for the help and correction @FinanciallyCodependently , appropriate it! this is why I love Tradingview! The Mistake: Made the B-D 0.786 when it should be X-D as 0.786 and B-D is irrelevant The Cause: I shouldnt draw fib harmonics after a few too many 🍻🤣 Updated chart here! The correct cypher also...

Connix

I'm still eyeing up a bullish cypher (white) and shark harmonic (blue) on the daily candle chart. If we get rejected at these levels at the 1.414 fib, I'm hoping for the cypher giving a D (buy) target of around 218600. Which was a huge resistance through the second half of 2022 👀 If we can push up 30600ish (C) and reach the 1.618 I believe we may have a shark...

Connix

Do we have a gartley pattern forming straight off the back end of our shark? Retrace here before moon? 👀

Connix

Fib profit targets from weekly candle shark harmonic shown on previous post.

Connix

If you take your beginning position (X) off the previous main bear market S/R of 10k, it seems we may have a big shark harmonic?! Kinda hit perfectly right? 🤔

Connix

Cypher fits almost perfect so far, excited to see what unfolds. The cypher has a higher end point than the shark harmonic and the finish line is about 19k

Connix

Just having a play ofcourse... But this would be maximum pain both ways 🔥

Connix

Iv been looking at a shark harmonic on the daily for a couple weeks now, however with todays breakout I fear it hasn't played out how I intended.(however the daily candle closed within target 👀) But then I saw this....