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Cypher- Shark - 5-0 Constellation FINALA Shark pattern is nested in a larger slightly broken Cypher pattern with the possibility of a preceding 5-0 pattern. The most likely point for bearish reversal is at 0.74406 due to alignment of 0.382 of CD from both Cypher and Shark. However if price continues moving upward then the half way point for CD of Shark @ 0.75648 becomes relevant due to possibility of 5-0 pattern, which is a 1 step extension of Shark First support line is at 0.71579 - a 1.618 extension of AB from Shark The strongest support range is between 0.71029 and 0.70436 where D from the Broken Cypher and Shark are in close proximity to one another (dark green) If price drops below that then the official 1.618-2.24 of AB reversal range takes over again to extend D from between 1.13 of XA to 2.24 of AB (light green) If that happens it will probably be more difficult for price to jump back over main support range which now becomes resistance If price passes 0.6814 (2.24 of AB) shorting is recommended, otherwise go long until 0.74406 (0.382 of CD) or set two stop losses for 0.382 and 0.50 of CD @ 0.75648
by JoshuaGalinus
The 19.70 fight. Our beloved Mexican peso is going through a difficult moment, but he has a chance to fight. The uptrend has a very complicated zone ahead, and the time window begins to close. To achieve the level and close the movement around 19.70, it is necessary a violent movement that at this point looks complicated, unlikely but not impossible. From my point of view, it is very important to see how the candle of October 19 develops and how it relates to the R & S. I expected this movement at the beginning of October and it did not happen. The pair lost its level and remained in the side range, the mexican peso is a tough fighter. Follow your own plan. Best wishes all..
by normstock
BTCUSD GOING UP TOUCHING 7000.00Pair Currency: BTCUSD Direction: Uptrend. BTCUSD has been predicted to go up in the next days, as my chart show. Yesterday, there was a really high uptrend, touching nearly the 6600.00! As you can see, I have pointed the important points with the black circle to show how I came up for an uptrend. Bollinger Bands and also WMA at 7 will predict an uptrend, with WMA touching the middle Bollinger Band lIKE AND COMMENT MY IDEA! FOLLOW NOW FOR FREE TRADES!
COINBASE:BTCUSDLong
by Gurniamat