Hawckshead

Hawckshead

2017 bullrun fractal overlay on the current market seems accurate with time and support levels.

Hawckshead

This needs more time to play out in my opinion. 12400 is a major support. Equites are in a bear market but its not crashing.

Hawckshead Updated 

The 3 orange lines are fib retracements. The upper white trend is the long term trend line. We broke the first fib on the weekly candle close. I flipped and mirrored a fractal to see the possibility. Bear cases are China supply chain, high inflation and Russia Ukraine BUT always be ready to change bias.

Hawckshead

We are still in the symmetrical triangle. A weekly close above 0.91 would be bullish and would confirm a high. The chart looks like it needs to do something in the next 3 or 4 weeks, a break up or down.

Hawckshead

Coming up to the 1 year down trend. Lower lows for 1 year. This SEC case is dragging out zzzzz

Hawckshead

Ever heard the term "keep it simple stupid"? Well, thats what we are doing here with Bitcoin. Over thinking can get you into a lot of trouble.

Hawckshead

Just playing around with a log chart. Target would be 10-14dollars after the SEC case.

Hawckshead

Megaphone/ Inverse symmetrical pattern on USOIL. Long position from here. OPEC meetings today and tomorrow. Possible SPR release again.

Hawckshead

Would be nice to see another retest of that trend and make a lower low to confirm

Hawckshead

Little more time and this will be a very good long play

Hawckshead

Not a bitcoin guy so I don't have a bias. The fractal is going up to near 400k which seems massively over reached but who knows. The centre blue line is looking like the main resistance point for now.

Hawckshead

That upper yellow trend line is holding a good resistance. Its very choppy out there so be careful. Possibly test the bottom yellow trend again.

Hawckshead

Whats your thoughts guys? Can we now confirm its broken? Hold on to your hats!

Hawckshead

Need more time to see how this plays out. Evergrande default could change this fast.

Hawckshead

Did a very simple trend. Lets see how it plays out.

Hawckshead

Just watching and waiting. A retest of the trend would be good.

Hawckshead

This might be motivated perception. Whats the thoughts on a head and shoulders?

Hawckshead

First proper break and retest of the trend. Needs a little more time IMO but looking good so far.