badamsambuu82

badamsambuu82

Lately, BTC has been rising exponentially, however it may not be a indication of Bull market being present because if you look at Total Market Cap of Crypto (Total1), It is not confirming that aggressive buy interest in crypto market as a whole. Also this pattern is another suggestion that current rally is just correction phase to go even lower.

badamsambuu82

An ending diagonal pattern on NZD/CAD successfully formed.

badamsambuu82

I was able to count 5 wave to the downside, and ABC correction retraced around .786 level of the previous complete 5 wave. So there is a probability that another 5 wave downside move might occur.

badamsambuu82

Textbook quality ending diagonal is forming on NZD/CAD. Currently 5th wave is in progress.

badamsambuu82

ABC wave formed. Flat pattern for wave B. And it retraced to .618 of previous complete 5 wave.

badamsambuu82 Updated 

Bulls have been taking over for quite some time. And I believe that the recent increase could be the first motive wave. Then the first wave seems to ended with the sharp downward movement. But I don't think the corrective wave is over because if I'm right the first waves tend to be corrected heavily, dropping to 0.618 fibo level. Also, I suspect that the second...

badamsambuu82 Updated 

I recognized a big flat pattern on 1D timeframe. 3 wave downside move followed by upside 3 wave move convinced me that the preceding sideway move could be a flat pattern. After A and B waves, the last C wave would develop in 5 waves. In the C wave 1st and 3rd wave were formed, so I waited wave 4 to develop. As a result the 4th wave unfolded as a flat pattern that...

badamsambuu82 Updated 

A clear Zig Zag pattern formed with Flat pattern for wave B.

badamsambuu82 Updated 

A clear Zig Zag pattern formed after a complete 5 wave. However, current upside move doesn't qualify as a wave one, so I'm predicting that flat pattern is developing. And a further complex corrective move.

badamsambuu82

Crystal clear zig zag pattern, Wave A = Wave C and the fits perfectly in channel.

badamsambuu82

After ending diagonal, price rapidly rose which gave me an initial idea that bulls are taking over. Then I waited for recognizable corrective pattern, and eventually flat pattern developed. And it could've been ending somewhere around .618 fibo level of the previous impulsive move to the upside. After seeing all of this, I only needed to see bullish momentum to...

badamsambuu82

Sell position opened after the break of trend line. Also, I assume that the corrective wave developed in ABC zig zag pattern. Then sold the with the confirmation of break of channel break out.

badamsambuu82

5 wave to the upside is clearly finished, and followed by corrective gradual drop. In the the corrective waves, the first recognizable was Zig Zag pattern followed by a clear Flat pattern which gives me an idea that the correction might be developing in double pattern (WXY). So the last wave(Y) is still in progress. In early stage, I predicted that it would...