Bullish bitshares broadening pattern shows the potential of a massive rise upon its next ascent...target to the $1.70+
if market go this sell zone i will take my sell position. v-formation note: risk is yours
In resistance area bearish bat - wedge pattern, must wait p.action signal / wedge breakout.
The Symmetrical Triangle chart pattern is a really effective chart pattern that you can use for swing trading . Because the symmetrical triangle is considered a continuation pattern, you should watch for the breakout to occur in the overall trend direction. Symmetrical triangles can be very profitable when you trade the breakouts that happen either downwards or upwards.
Looking at the daily time frame a cup and handle formation is forming. (This is not financial advice, this is a volatile market where anything can happen)
SENSEX INDEX India This is another index that looks like it's topping out for the summer. The great bull campaign from the 2009 low at 8075 to a high at 36370 over 9 years is in its final stages. Echoes of the Dax here. A break below 34291 will trigger a short opportunity here back to 32516 where it should attempt to bounce - but it won't get far when it...
Dax Index DAX Topping Formation Short Set-Ups If you trade Bitcoin you will be familiar with this pattern for sure. Having broken below the longer term lower parallel the Dax has fallen away to structure lows to left of price, dropped a little lower to take out the last swing long stops - and then promptly swung back higher again. In doing so it's tracking...
WTI: USOIL West Texas Intermediate Unlike on Brent chart there is only one clear and true reverse head and shoulders evident on the WTI chart (left shoulder not 'true' on the smaller one, yet so clearly evident on the Brent chart, please see companion forecast for UKOIL for comparison). So this chart is still forecasting longer term upward pressure to...
Brent Crude Oil UKOIL Update Bad Bad Thing Sometimes you have to own up to an over-ambitious call, this one made worse by sheer blindness, which really stings. It ain't an eroor in the chart which is as good as gold still right now. More an error with the pilot...who spotted a large and still bona fide reverse head and shoulders with an eventual upside...
Looking at the daily timeframe we see room for growth on the indicators and a possible big inverse Head and Shoulders formation happening with 12k+ targets. (This is not financial advice, this is a volatile market where anything can happen)
Refer to charts for entry and targets. Double Ichimoku Clouds still Bullish overall. Entry supported by Lower side of wedge and Double Settings Kumo.
The RSI Bear Divs and downtrend line resistance signal a pullback. The twisting Kumo (double settings) and already bullish TK cross and kumo on single settings signal continuation upwards. Increase in volume signals accumulation by "smart money". Overall market sentiment tells me it's altcoin season. All these considered I think this is a good time to get long on...
EURUSD As DXY goes up so this pair falls, sliding down a pair of competing parallels towards the 1.2027 line and probably to the 1.1915 line by mid May. But in very near term it's already touching the lower parallels and is likely to push back as high as the upper parallels at very best on the attempted counter rally from here. Continue to sell rallies until...
As you see, look at this triange formation since december. I estimate that bitcoin will rise in 15 th april. Lets track this formation. Take Care. www.muikka.com