SickNick84

SickNick84

Wave 1 complete with an abc pattern formed. Tl break from the high on the daily to the prior local high with a retest and clear bullish engulfing candle out of this area on the $H. Fib extensions 27.2 and 61.8 could be used as price objectives

SickNick84 Updated 

Link broke out of a small continuation pattern on the hourl which was part of a short relief stage following a breakout on a larger pattern on the daily. Daily Fib extensions could be used for longer term price targets, Hourly fib extensions from the abcd pattern could be used as shorter term price targets.

SickNick84

The chart speaks for itself.

SickNick84 Updated 

Elliot wave count following a breakout of an ABCD relief pattern shows wave 1 and the abc waves are completed, wave 3 about to commence and we should see price make its way towards the fib extensions.

SickNick84

My opinion on OMG: it is currently in the corrective ABC waves and could be making a decent setup for a long in the following week to come, which could then continue with the next 5 waves up.

SickNick84

Time for some good moves in crypto IMO

SickNick84

We are currently setting up for a potential wave 1 of Elliot, considering we have just completed an ABCD pattern to the 50 Fib of the initial leg up which is in good confluence of a Support/resistance level. The ABCD moving off the SR level has in turn created what appears to be an inverse Head and Shoulders which when broken out of could indicate a continuation...

SickNick84 Updated 

This could potentially be the beginning of an impulse to the upside which could potentiall mean we have an elliot wave shaping up

SickNick84

From my analysis there's a confluence of factors supporting a long. It offers me a good Risk/Reward so i decided to enter

SickNick84

In my opinion its currently in an ABCD pattern forming the b leg. Once this point completes we could see another move to the downside.

SickNick84

massive confluence in this area. Could we see a bounce?

SickNick84 Updated 

Here we can see a possible double bottom setting up. Nice confluence of factors supporting the case including divergence, pattern is at the bottom of the rising channel trading range and moving averages are spaghetti. Entry upon the close of the candle that breaks the neckline would be best for added confirmation

SickNick84 Updated 

Possible Tripple bottom forming on the EUR/JPY *(possible double bottom one the EUR/USD also forming, this could be sign of strength for the EURO)

SickNick84 Updated 

Here we can see a short term trendline break and impulse move to the downside, followed by a retracemenet back to the trendline which sat in confluence with the 50 and 200 moving averages, a Support/Resistance Level and the 50/618 fib level. No divergence against us and we are trading in the direction of the trend. Wish me luck.

SickNick84 Updated 

Good confluence of signals to indicate bearish momentum. Taking trade as an AB=CD retracement off of a possible break of a head and shoulders (Daily timeframe).

SickNick84 Updated 

Here we see a sudo triabngle/wedge like pattern containing 5 waves with a breakout on large momentum and volatility. bearish engulfing candle on break shows downside momentum. Taking a look at the RSI we can see some divergence across the topss as the indicator makes lower highs and price makes higher highs

SickNick84 Updated 

Double top on USDCHF with divergence present to support the short. Quick and simple.

SickNick84 Updated 

Here we can see the USD breaking out of a falling wedge, followed by a retracement to the 50% fib level. We can see a similar story with the DXY, both charts lining up together giving us a higher probability.