This chart is pretty self explanatory, bitcoin's trading range has been slowly decreasing over time and it seems like we might be getting a big move either south or north in the next few days.
The bullish move we had on euro today wasn't a real one. We will most likely see a continuation of our downtrend.
Did some charting and this is what I came up with. Having observed the pair I noticed that it's in a longterm bull trend. And we just busted out key areas of liquidity, now I think it's time to go up.
The chart explains itself, EURGBP-0.07% went up and it seems that it's now forming a sell model. I think it will be going for the weekly liquidity.
As you guys might know fiber is consolidating on the daily chart. While this is interesting, it's not too important. The important part is knowing where prices will head for next. And to me it looks like the marketmakers have left behind a clue. I compared fiber to DXY and I found the following: VS As you can see EUR/USD made a low on december 7th, and...
Am applying the new techniques I have learned from Micheal J. Huddleston in this chart
A lot has happened over the last few months, this daily chart displays the prices bitcoin might head for in the near future. As you guys might have noticed, bitcoin has been consolidating in a pretty tight range (430-470) for the last few weeks. The breakout move will have major ramifications on future price action. Chart is self explanatory so I don't think...
Chart is self explanatory. My guess is that it would go down. Chart is playable in both directions. I also have to add that the chart makes more sense if you review the left side of the chart published. edit: merry christmas to everyone :)
This is my newest cable chart. There seems to be some bullishness in the market and my idea is that one of the bearish OB's will get raided. with the one at 1.54158 being the most likely. Seeing we are still in an overall downtrend. If we were to raid 1.551 then it would mean we could possibly exit our downtrend. So with the directional bias still pointing down, I...
It's just a possiblity but judging from higher timeframes, it definitely seems like the move has lost some momentum when it hit the daily MB. This chart is made to describe a potential downtrend in detail. A further uptrend is still possible. link to chart describing further uptrend:
Looks like prices will head to 248 on bitfinex.
Spent some time charting and this is what I came up with. note: chart doesn't predict take time in account.
As I have previously stated: I believe that fiber is in a bullish continuation pattern. The new wave up is (in my opinion) most likely a swing projection. I get that a lot of people might deem this chart to be insane but I beg to differ, with all the global panic ensuing. Chances could very well be that we make a run to retest some old resistance. The 200% aligns...
fiber bull scenario We are currently looking at a possible bull scenario for fiber. Although we have been in a longterm term bulltrend,we went down a lot last week. I am currently examining the possiblity of a continuation pattern, this seems likely as we bounced off the 79% retracement yesterday. I believe that we could go up to 1.23, right into a daily...
After the recent bitcoin crash,I believe that bitcoin has the chance of starting a new uptrend. We have found support and have been making higher highs. However, this won't be confirmed until our bearish OB at 233-236.5 gets taken out. If broken, it will pave the pad for a new uptrend to begin. Edit: the vertical green arrows are to indicate next areas of...
Chart is self explanatory. GBPUSD has been in a consolidation pattern in which marketmakers have been accumilating. The confirmation for this chart came when we failed to make previous lows and bounced off with huge force as a result. Get ready as this is going to get extreme. Our target for this run is 1.58, offering the opportunity of making 300 pips.
The analysis is self explanatory, price declines into the newly established OB (1.55640-1.55480 and will make an attempt at stopping out stop losses above the 1.56765 level. This play seems to have a good probability as US treasury 10 year T note has double topped and might down for a bit, indicating that bond yields might rise and thus all currencies opposing...