mi_khan

mi_khan Updated 

If the immediate lower trendline is broken, then any of the fibs levels on the chart, may be the levels to look for. I don't see it falling lower than at max $6500 at the current moment, but it may of course reverse before that.

mi_khan Updated 

Let's hope we don't get there :)

mi_khan Updated 

2 SHS possibilities for ETH. One bullish (blue) and one bearish (red). It's fascinating how the market keeps it's facade till the last moment and then decides on it's next step. Let's take a vote. Which one would you prefer? Will you take the Red pill or the Blue pill?

mi_khan Updated 

If $10100 level is not broken, then we might see a move to around $8800 (which is the SHS target and wave 1 = wave 3 = wave 5). If that level is broken, then the next target is around $8000-8200.

mi_khan

Inverse SHS line + Channel line

mi_khan Updated 

A different perspective on the wave count then what most other traders here think. I could not understand the last wave structure up from 6000 level. Even the fibs didn't match so well. So here I am proposing a different perspective on the wave count. The correction is viewed as ending in a triangle with a truncated E. The real impulse began after the E. This...

mi_khan Updated 

The area where the channel line meets the inverse SHS neckline.

mi_khan

SHS in the making. If fullfilled, then we get the marked target. Otherwise it might just bounce of the neckline.

mi_khan Updated 

SHS target = 61.8% of the wave up = $160.

mi_khan

Head & Shoulders Everywhere. And I am not talking about the shampoo :) Lets hope this doesn't come true.