The USDJPY Cup/Handle pattern is developing nicely and now the handle is tightening up on the weekly chart, tho it's broken both up and down on the daily, the pattern still holds. If it breaks up, and is confirmed by a daily close above local swing high, this could be a massive move up on a fifth wave.
GBPUSD CupAndHandle on the hourly chart might be an upcoming fact. Watch out for support, as if it holds, we're going way up!
We can see a cup has formed and is now retracing into its handle. If the retrace holds above 0.5 fib, there is huge upside until the next fib levels are reached. a
Significant divergence appears on ETHBTC 4H chart. 0.02 should provide psychological support, coupled with divergence it can be powerful..
As we saw earlier, GOLD cfds was making a cup below resistance at 1638. Now we might also see a handle on the cup, which has been broken out of with some divergence. Long if we break and hold 1638.
Pontentially GOLD cfds is making a cup. Once we see retrace, we can establish where to draw a triangle, like we saw on LTC a while back (see related Ideas)
BTCUSDT about to touch the bottom of triangle on the weekly. RSI showing confluence and bullish momentum, going long once I see divergence on lower timeframes. EMA100 support has also been good to us before.. Target set at top of triangle, stop if we break below. Good luck!
TSLA clocked $640 just recently, and I remembered I told a few to buy TSLA when it hit $180 back in July, and just thought I'd share the only single indication I used to make that call; classic RSI divergence.
Litecoin (LTC) has had some increased volume the past week, and still painting a valid 100 day cup and handle pattern on the daily chart. If the 0.5 retrace holds, as it seems to be right now, we should see a move up to form a more developed handle.
Elliot Wave analysis based on info found in the article "Guidelines for Applying Elliot Wave Theory" on stockcharts.com
OMG is showing major bullish divergence on the daily chart. Quite some upside on this one! Please like, share and comment for more TA!
Applying a fib and testing out an Elliot wave cycle on the BTC chart
ETH dipping below previous heavy support, seems to be dropping one more level before it bouncing!
A while ago I published a Candle Counter strategy that got quite some attention. Unfortunately it didn't work for all charts for some reason, so I decided to rewrite it. The result is, to me, astonishing. Judge for yourselves!
MACD Trading again, now on 1H BTC/USD. Free Money?