1. Multiple strong Bullish divergence on RSI and MACD 2. Descending squeezing wedge 3. Possible Bullish Bat -There was some difficulty in wear to set the point X when I was harmonic hunting. I decided on this date to be valid due to a previous higher high and lower low cycle. This date from point X looks to be an entirely new cycle. FEEDBACK IS APPRECIATED.
Resistance lvls in blue Supports lvls in orange What do you think of this harmonic pattern? I'm really trying to practice finding and identifying them. Any input would be appreciated. The O-C is barely of by a small fraction as is the X-B by an even smaller margin. I missed an entering position during the recent dump. Would like to enter as a confirmation of...
Hit a double bottom and broke out of a descending triangle. Was expecting a triple bottom at least. Did not anticipate this move happening so soon as you can see by my purple arrow. expecting 7% gains.
Could be in halfway through formation. Purely speculative
I made some gains before the major pull back. looking to get in again if there can be confirmation of a new bottom. (Double bottom?)
I've been observing this for a while. Please do your own research. This is for education purposes only Two lowest lows in yellow. It broke, tested and failed 4.20 as a wall many times. Will it be support in the future? There may still be some upside to it marked in Blue Lines Any advice or suggests or comments would be apprciated
Educational and entertainment purposes only. Not financial advice. UMA broke out of a good accumulation phase. It was subject to shooting stars which are less reliable variables in swing trades IMO. UMA may be using the EMA as support and has good potential to move up in an ascending ABCD formation. RSI looks neutral. Targets, If UMA can break $12 --> $16 --> $24
Education and entertainment purposes only. This is my first Harmonic Pattern I've identified; Bullish Bat. The A-C position is off by .004. The X-Center is off by .03. If you have some suggestions as to what this tiny fraction of a percent could mean, comments and suggestions are welcome. I found this to be bearish but I bought in faaaaarrrr too early and thus,...
FB and likes are apprecciated. This is for self-development and educational purposes only. On the day rather than the four hour this channel holds up well. Do I need to explain it? It's staying within a channel, if it falls out, high probability it will continue to fall. If it breaks out, target @36 maybe? I'm still excited for silver and not worried about...
For entrtainment and personal development purposes only. XTZ is in tightening ascending wedge. Again it looks like it will test and attempt to break a resistance. Supports in Orange. Resistance in Blues. Will it break out finally?
This is for entertainment and personal development purposes only. This is not Financial advice. Practicing my own TA. FB and likes are appreciated. According to ocil8rs, things are looking extra bearish. Marijuana legalization by the federal government is closer than ever. Supports: Purple line could be a new support. New low that was a previous high long ago...
For entertainment purposes only. FB and likes appreciated. Nexo has a choppy yet consistent pice range lately, lots of buys and sells to keep it in a mid range. Congrats to anyone who got this below .10. Currently it broke out of the .23 Fib range which was one of my measured sup/resistance. It could be in a squeezing triangle. I can't wait to see what happens...
This is my first published chart. I created this a few days ago and am pleased to see how some of the results ended within the predicted wedge. I'm experimenting with trade strategies. Any advice and input would be appreciated. This is for educational purposes only.