daily oversold, daily divergence and channel-breakout, even 0.5 retracement is a good deal
Financial Crisis Greek crisis main refinancing operations of zero percent and even the “zero lower bound” get broken negative interest rates, not imaginary before… But since beginning of this year the inflation is rising in average. End of quantitative easing? That´s an everyday asked question in these days. EZB is getting under pressure. Just a matter of...
I just spotted a very nice Wolfe wave pattern. Sadly just right now. But I thought to publish it as education, since it strictly followed the rules. 1. Waves 3-4 must form a channel with wave 1-2 2. Wave 1-2 equals waves 3-4 3. There is regular time between all waves 4. Wave 5 exceeds the trendline created by waves 1 and 3 5. If price rebound above the trendline...
i dunno why it rocks, and i dont care fundamentals but i liked to trade ZEC in last weeks. Its volatile but not unpredictable. successful shorted nearly the hole day cos of the doppeltop bearish normal div and thought about a bat-battern as continues. The up move in last hour changed the pattern. we have a hidden bullish div and time series dont fit to harmonic...
Potential Dragon Pattern. Hump hit 0.382 FIB (HH-LL). My main entry signal will be a bar that closes above the yellow close-to-close trendline. www.tradechartpatterns.com
5-0 normally indicates start of new trend. Ratios are good. Price raised and hit the 1.618 of the prev. fib channel which leaded to a flag. Price target of flag measured according to Bulkowski. It looks more bullish but would fit with resistance lines. If sentiment is more bullish maybe the hole first purple measure is a Wave 1 ABC
if wolfe wave rebounds, theres a high percantage of a 5-0 pattern, which would confirm a bullish go on
price reached an extension of 2. Also a 5-0 formed at 5m chart and it looks like a head and shoulder is following. win ratio is very high since stoploss is just above the highest high . Around 59 we have many fibonacci ratios, which means huge support
eth/usd is in mayor correction , but maybe end is near