Retest of highs, stops below the cup bottom. High risk / return play, longer time frame.
Could reverse anywhere from current price down to 1.09. Watch for entry signal.
Look for pattern completion. This is where people make mistakes, assuming the H&S will complete and taking a position to try to profit from the pattern finishing. We don’t *know* that it will finish, just that there is a potential setup. It could keep trending higher instead. Keep watching, wait for entry signal.
Bat pattern completion, target 1 a 382 retracement of the last leg.
I don’t do timing, I don’t know how long it’ll take. But if BTC keeps dropping to 31.5, we’ll have a great bounce back up to 45.
2618 trade potential set up. Watching for whether support holds or not.
Decent structure, right at a Fib level. Low trade volume at this price level.
GBP/JPY potential trade IF it hits ~147.165ish and completes the pattern, should see a bullish move down to ~145.842
0.382 retracements lining up on multiple timeframes. Elliot waves 1 and 2 bouncing off of Fib levels show that my Fib levels are drawn from good positions. Swing high of most recent move on hourly chart lines up with 0.682 retracement of most recent impulse leg on daily chart. Bearish divergence on RSI. Look for short position down to the shown 0.382 retracement...
AB=CD pattern soon to play out, bearish divergence on the RSI,as well as becoming overbought. Look for a dip back down into a .382 retracement after completion around $212.
Channel set up between extension of previous measured move and retracement of the completed move. Look for breakout to either upside or downside.