UnknownUnicorn1539772

UnknownUnicorn1539772

As you can see in the chart we got a support level @7500 derived from the Fibonacci levels. The triangle itself is a symmetrical one which means we deal with a continuation pattern. Its breakout target is determined by measuring the distance (price difference) at the 0 point (starting point of ABC correction) towards its other side (uptrend). In our case this...

UnknownUnicorn1539772

Not much to say, this is just an idea.

UnknownUnicorn1539772 Updated 

Just a basic Flag Pattern, the yellow pole is marking it's aimed target.

UnknownUnicorn1539772 Updated 

Pretty self explanatory. Choose your targets near the marked price

UnknownUnicorn1539772

Using parabolic trends and Fibonaci

UnknownUnicorn1539772

Please see the charts attached predecessor for a deeper insight. My initial analysis has been validated by the price's bounce as predicted.

UnknownUnicorn1539772

If the price approaches the fib circles one may expect local changes in trend and price momentum. The dashed line within the fib circles shows the current trend, it shows too how those have been set in place. I started with the current change in trend and prolonged it towards the intersection of 2 former up trends. This turns out to be incredibly well aligned...

UnknownUnicorn1539772

SIA will likely encounter a correction towards the .5 Fib support line. I recommend selling below 175 (.236 Fib) and aiming for a buy at 150. The pattern has been confirmed by 7 distinct alternations of the price. The decline in volume as well as the broken trend in MACD are fortifying the scenarios likelihood. Im still quite a rookie so consider this not as...

UnknownUnicorn1539772

Hello, the yellow triangle is a descending one, please see the attached chart for the bigger picture. The dashed cyan lines are forming the trendlines for the falling wedge. I use the CMF for refining a possible breakout timeframe. The magenta lines are my interpolation of the price.

UnknownUnicorn1539772

Please see the two attached ideas to obtain a deeper understanding.

UnknownUnicorn1539772

Please see the attached Chart in the related idea section, for the bigger picture and the origin of the colored lines. Possible price development is interpolated with the pink polylines.

UnknownUnicorn1539772 Updated 

The dotted lines are the expected breakouts of the corresponding patterns. CMF and MACD are supporting the patterns Fibonacci really amazes me... you might have to alter the scaling of the price axis in order to achieve the correct view.

UnknownUnicorn1539772

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UnknownUnicorn1539772

Think this one is pretty self explanatory... A positive divergence of MACD and an increased volume before and after the next bounce from the bottom line would provide increased likelihood for this pattern's breakout.

UnknownUnicorn1539772

Should be clear by inspecting the chart

UnknownUnicorn1539772 Updated 

This is the 15 min version, decreasing volume fortifies it further An outbreak in the yellow area implies additional momentum.

UnknownUnicorn1539772 Updated 

MACD confirms likely breakout Target is 0.09 SL will be around .01

UnknownUnicorn1539772

Fib based constructed ASC triangle long @ 285 I'd short @ 75% @410 and the rest @415 The next long would be between 240 and 250 SL would be set @ ~450 As said in the chart I'm constantly playing around with geometric construction and the harnessing of different pivot points. Be kind to a creative newb... and don't use this as an advice,