Golden cross about to happen, and trend line broken. I'm optimistic about what happens from here. Bullish
Looking at the price action we are currently in a symmetrical triangle on the upside if price breaks the symmetrical triangle around $38500 will be looking at price action heading towards the region of the neckline of the head and shoulder (resistance level). The bears are starting to lose steam. MArket will however become more bearish if price action break below...
4H previous candlestick showing three horsemen with an engulfing candle, bulls are gaining momentum and price action could turn bullish if we surpass current resistance level of FIb Retracement $1.7623(0.5) and Fib.Ext levels $1.80(0.618). Symmetrical triangle with fully completes its price action heads above this current resistant level. Leave a like comment...
Hello traders Link 4H Charts, previous engulfing candlestick, with MACD and RSI indicating bullish recovery price action from previous support level. Momnentum building up and heading towards fibonacci levels of 0.5. Using the Fib.Ext tool HEad>Neckline>rightshoulder---Price action towards significant fib levels of 38 & 50%. If the bulls manage to surpass this, i...
Hello traders this is my analysis on gold spot my one of my favorites CFDs Using Heikin Ashi 4H candlestick charts showing higher highs and higher lows price action on this parallel channel still growing strong and still showing bullish signs. However, I see that we are heading towards psychological resistance price level 1958$ which is a very strong resistance...
Hello trade us today I'll be doing an analysis of copper 4H Heikin Ashi. Currently on the corrective waveform, parallel channel price decline was halted with strong support from the previous intermediate with 3 to 4. Indicators been bullish upwards towards 38% retracement Fibonacci if Copper can overcome resistance of 4.78$ will be heading towards a new all-time...
Possible scenarios for VET which is not in this descending parallel channel preservation is beginning to form momentum to rise until the operations of the channel if we can sustain this momentum and break this resistance line of the channel will be heading to an all-time high for VET MACD and RSI are indicating a bully set up.
My chart is self-explanatory but i'll endeavor to explain even further. ETH on 2H/4H is forming an inverse h&s, which will hold if the right shoulder doesnt break below the support line of 1980-2150$. And we may see a stepwise rise once again. Trade smart & stay safe
1H Head and shoulder pattern price dropped further down. On the 4H if $30,110 holds as support, we have formed a double bottom and whales might come in heavily for a solid bullish pump. However below that support level, we are likely to dip further more into $25k territory
Bitcoin price correction from March Yearly low to June High, We are seeing a Zigzag 5-3-5 correction pattern, With critical Support for the $8922, The bears will have chance for the next 5waves down if they can push the price action lower than this. Parrallel channeling suggest we can see stops at $8318 & $7896. This would mean a 0.5 retracement level from $3800,...
I would say this is going on a real long move, bulls wait for a breakout above $9600 to place your longs, ZIgzag pattern(5-3-5) indicates B cant go beyond 50%/61.8% of wave A, where bears are currently struggling at,Elliot wave also proves that wave C is equal to wave A movement, which is clearly indicated by the price range move of $650 from $8900. and further...
Notice here that the first wave correction was a Descending Triangle, followed by wave correction of Wave 3 which had a flat. This indicates wave 5 correction most likely will be zigzag. That said, we follow the basic principles of divergences between Oscialltors(RSI AND MACD LINES) as well as the Histogram. Correction C of Intermediate wave 5 should not beyond...
This would follow the exciting pattern as my previous predicted NAsdaq100, asides the fact that, the intermediate wave 3, is a zigzag correction . According to Fibonacci Extension Levels, First target after previous high has been broken will be Pre Corona meltdown of 18Feb2020. Lets rekt this suicidal bears guys.
This would follow the exciting pattern as my previous predicted NAsdaq100, asides the fact that, the intermediate wave 3, is a flat correction. First target is $3401, Next Target is $3600 Using Fibonacci Extension
My Prediction according to the wave analysis pattern, is that, this is a Flat ABC correction, analogous to the Intermediate wave 3 rising wedge(ABCDE). Next Price action move is bullish heading $11036. call Your long positions and thank me later.