This is the 4 Hour Chart of FOREXCOM:XAUUSD . 1 Hour Time Frame A broadening wedge pattern has formed absent its higher high, and lower low to follow. 4 Hour Chart A descending broadening wedge pattern has formed absent it's lower low. SHORT Forecasting a high around price 1754.00, which will be a prime opportunity to take a short position and ride...
Time Frame: 4 Hour Chart Currency: BITTREX:BTCUSDT I know most of us wanted BTC to hit rock bottom. We all had hopes for a below $5,000.00 BTC, but after analyzing the charts, we can see Bears had multiple opportunities to push below $6500.00 and failed, what we're left with is the realization of things looking more up than down. Technical Analysis: From...
Currency: BITFINEX:BTCUSD 0.45% Hi, this chart was made for me, by me, but you are welcome to look at it. Technical Analysis: I like to analyze charts in different ways. Here is my interpretation of the 4 Hour BITFINEX:BTCUSD 0.45% chart using Elliot Wave Theory, Fib Retracements, and Fib Extensions. Above we see a bearish 5 impulse wave with an extended...
Hi, this chart was made for me, by me, but you are welcome to read it. Time Frame: 4 HOUR CHART Currency: BITFINEX:BTCUSD Technical Analysis Summary: My Technical Analysis is based on the classic chart pattern of the falling wedge. As the price moves closer to consolidation we typically forecast a breakout. A crucial support line at $6000.00 intersects our...
Hi, this chart was made for me, by me, but you are welcome to read it. Time Frame: 4 HOUR CHART Currency: BITFINEX:BTCUSD Technical Analysis Summary: My Technical Analysis is based on the classic chart pattern of the falling wedge. As the price moves closer to consolidation we typically forecast a breakout. A crucial support line at $6000.00 intersects our...
Short BTC at $8300. Ride Trend until price closes above 21 candle moving average on the 4 Hour Chart.