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www.tradingview.com Target Fib extension 1.618

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www.tradingview.com Two possible scenarios that can happen. Diagonal lines show possible support and resistance lines, while horizontal lines mark gaps that can be used as support or resistance. Also illustrated fibonacci retracements. Proper sequence should be observed. We should see a rapid increase in the price of commodities in general. Gold should...

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www.tradingview.com Correct fib sequence states that from 200%, it must retrace to around 161%. Will update with more fib levels and possible targets.

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www.tradingview.com Support found at 150 ma on daily and 63 ma on daily. Marked by lines on chart.

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The short continues while the pattern holds. In theory, the break down range is the same as the price of the size of the head. This would put BTC in the zero range.

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www.tradingview.com I have highlighted possible targets down using blue lines. While I am unsure if it will go down as much as $16, I have marked those windows that need to be closed.

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www.tradingview.com Fibs and gaps serve as targets. If there ever was a time to short, it would be now IMO

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ShPro Updated 

www.tradingview.com This is the current setup gold exhibits. It is similar in candle patterns, fibonacci sequence order, and also in the 10 year note yield patter (TNX, US10y, DGS10). Also interesting to note is the patterns I have been observing in SPX and NASDAQ. NASDAQ made a patter resembling the days before BREXIT but in smaller 15m time frame. You can...

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www.tradingview.com This chart provides color as to what happens after an interest spike in the late cycle. SPX on the back and green lines depict the interest rate spike. SPX corrects the following days after the spike.

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www.tradingview.com Yields continue to drop and will drop after a dovish fed does not hike. The hike, if any has been priced in as observed in TNX, US10y or DGS10. This move will likely take place before the FOMC meeting. I still see 1580 in the not so distant future. Perhaps by mid or end of october.