The next potential bear trend for a bearish scalping will stay below LSMA. Bearish hidden divergence on Chaikin Oscillator which looks like ready to dive below zero line. Harmonic target area between 14.6% Fibonacci Retracement from peak amid 88.6% of prior upward retrace.
I think GME is preparing to Square-Up the Range to return to a 78.6%-88.6% Retrace once it Breaks Down Below the Equidistant Channel of this Bump and Run Reversal Top.
Price action: T Bar reversal on 1H chart Extreme bearish Trend: Exiting from Diamond 88.6% FIB rejection Gartley AB=CD .786 - 1.272 optional TP 14.6% key level Fibonacci retracement @ 17K final TP Patterns: Descending broadening structure Triangle Rising wedge Diamond
Gartley's AB=CD Harmonic pattern applied on prior swing A-B-C w/ 78% retrace which predicts a potential 127% retrace downward. Hidden bearish divergences on Chaikin Money Flow and Fisher Transform oscillators. Price action: T Bar reversal @ peak. 88.6% and 14.6% Fibonacci Retracement PRZ levels.
Jasmy has been in a Descending Triangle for quite awhile now and has made an attempts to Bullishly Breakout but has not been able to stay consistently above the Supply Line. Now Jasmy is back at the Supply Line and this time with 0.886 Harmonic Confluence has alot more going Bullishly in it's favor this time around. If Jasmy holds the 0.886 successfully it could...
LUNC has made a 61.8% Retrace from the High to Low and is now formed a Bearish Potential Bead and Shoulders Pattern, If it breaks the Validation Line the pattern will be confirmed and we will likely see it Go for the BAMM Targets of a Bullish Bat which would be the 88.6% Retrace below.
LTCUSD has been sitting at a 88.6% Retrace for the last few weeks nowholding above both it and above a falling Wedge that it's developed on the weekly timeframe. If it can bounce back up from here i think it will have 3 profit targets: $420, $515, and Finally $645 as that would align with the 100%, 127.2% and 161.8% Fib Extension targets. My targets for this...
Hi there, Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also. Note: this is not a financial advice thank you
Hi there, Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also. Note: this is not a financial advice thank you
We are at the 88.6% Fibonacci Retracement and showing Moderate amounts of Bullish Divergence on the RSI if we can catch a Standard Correction of the Downtrend we could see it pump back up to the 200 Day Moving Average which is Currently near the next possible resistance zone above if we were to rally from here.
If we can close of the month above $86.33 this would help confirm our Bat harmonic here and one can say would be bullish for cloud and tech stocks in general - .886 retracement - previous range POC - 1.272 extension from the top - Bat harmonic - .75 speed fan
We have a Bullish Shark Here and if it plays out we could first see a rally to the 1.13 Extension above and as high as the 1.618 Extension Above
I'm updating my chart adding one more Fibonacci retracement target. As we can see the price has been rejected from 78.6%. From the last post: Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss...
Price action has been rejected from 88.6% - 78.6% range, 15M overbought. Ttarget at 14.6% of Fibonacci retracement (28.7k). Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss in the market. 88.6...
I'm updating my targets from this harmonic pattern AB=CD at 3.33 Fibonacci ratio plus one more Fibonacci Retracement level.
DARUSDT will retrace. 1$ is a worth. Oscillator: Ehler's Fisher Transform crossing. Bearish momentum and big SOW. Target at 14.6% key level in convergence with local support.
Triangle breakout on this H1 chart volume decreasing with Chaikin Money Flow falling below zero. 38.2% Fibonacci Retracement key level to watch for retest. Big show of weakness. Big selling pressure. 14.6% Fibo target maintained in confluence on this triangle pattern. 2nd target below on AB=CD pattern in confluence with local support as we can see in my last update today.
The price is revisiting the Fibonacci Retracement short zone at 88.6%-78.6% range showing candlestick weak in a bearish hidden divergence with Fisher Transform and Awesome oscillator, facing great selling pressure, forming bearish pivot point to a short recharging.