Wiiso

Wiiso Updated 

We can expect a retracement because the price over extended.

Wiiso Updated 

There is a M formation In the monthly time frame. We can expect the price to retrace to the .50 fibonacci level.

03:24

Wiiso

A quick update of one of my previous analysis. The price is moving in our favor. I WILL POST THE LINK OF THE TRADING IDEA BELOW. I HOPE YOU LEARNDED SOMETHING.

Wiiso

Theres is a W formation on the weekly time frame. We can definitely expect the completion of the pattern with a retracement to the neckline.

Wiiso

There is a W pattern in the monthly, we can expect a retracement to the neckline.

00:00

Wiiso

In the monthly we have a price that is over extended. The price is currently rejecting a supply area. As well we have a over extended W formation, so we can expect the price to complete the pattern with a rejection to the w previous leg. if we take fibonacci from low to high we can see that the fibonacci .618 level is align perfectly with estructure. We just have...

05:05

Wiiso

Base on the monthly chart the market is clearly over extended and as well we have a M pattern. When the market is over extended what we can expect is a correction. As well we have a M pattern, so we can expect the completion of the pattern with a retracement to the neckline.

00:00

Wiiso

We have a bullish pattern in the monthly but the weekly time frame and daily aren't not in confluence yet.

00:00

Wiiso

We have bullish patterns in all the time frames but the only bad thing is that the price is trap between support and resistance. The price is consolidating, I would be waiting for the price to break one of this structure level for a possible entry.

00:00

Wiiso

We have the monthly , weekly and daily time frame line up to be looking for a short opportunity.

Wiiso

We have a price action that created an impulse then a .5 fibonacci retracement. We can definitely expect a creation of a new impulse for the retest of the Monthly supply zone. To take the entry is very important to do a multi time frame analysis. If you want your entry to be more precise it is better if you take it base on a 4hr time frame or lower.

Wiiso

Hi everybody this is an example of a possible bullish three drive harmonic pattern . I want to take advantage of what could be an awesome example of the three drive and share with all of you the rules of this specific pattern. Point A should be the 61.8% Fibonacci retracement of drive 1. Similarly, point B should be the 0.618 retracement of drive 2. Drive 2 should...