UnknownUnicorn2215917

UnknownUnicorn2215917 Updated 

Price has reached TL resistance and I expect bears to come in and drive price back down. 1D: As you can see as price continues to make a new high, the indicator shows price making a flat; this may suggest bearish divergence.

UnknownUnicorn2215917 Updated 

-Price is below 200 EMA. -Expanding Wedge formation. -Bearish divergence; double top on RSI, as price creates a new HH (Higher High).

UnknownUnicorn2215917 Updated 

The exchange rate has tested the dotted TL on the Fibonacci. and continued onwards to make a Lower High on the 4H chart:

UnknownUnicorn2215917 Updated 

Gold has closed above $1483 numerous times. A right shoulder will produce an opportunity to long this pair.

UnknownUnicorn2215917 Updated 

Price re-tests support on the 1D, showing signs of price to eventually rise.

UnknownUnicorn2215917 Updated 

Price has risen significantly and tested my 78.6% zone. The 15 minute chart shows an inverted Head and Shoulders pattern so possible entry after break of neckline:

UnknownUnicorn2215917 Updated 

My previous trade broke even as I assumed a breakout from the downward channel I had created in consolidation. This led to price re-testing an 88.6% level on fibonacci. If price closes above once again, I will be looking to long.

UnknownUnicorn2215917 Updated 

Looking at bitcoin, I see a potential in an upward direction before turning back around to go bearish. Price has tested my support TL and has continued to close above 88.6% for a couple days.

UnknownUnicorn2215917 Updated 

-Harmonic pattern formed. -Bearish Candle daily close inside the bullish candle (Bearish Inside Bar/Bearish Harami) -Price reversal zone at green resistance zone.

UnknownUnicorn2215917 Updated 

1W Chart shows that price is moving in consolidation in this triangle pattern and that the exchange rate is above the 200 EMA, therefore suggesting the current direction of price is still upwards: -Price can exhaust outside of a resistance/support zone. It's not forced to stay exactly within restricted channels. I would assume based on the bullish harami ...

UnknownUnicorn2215917 Updated 

-The 1W chart shows a re-test of the support TL on this triangle pattern. This shows that there is a lot of selling pressure and bears are in control. If you look at price in the circled area, you can see that as price increases, the retracements are strong/deep; showing that if price were to continue higher, the bears will come back and drive price back down...

UnknownUnicorn2215917 Updated 

-Price continued to close under (0.99880). -1W chart shows numerous wicks pushing bulls down:

UnknownUnicorn2215917 Updated 

Price came down and tested support zone/ neckline of inverted H&S.

UnknownUnicorn2215917 Updated 

Would like to see a break of the zone, test of support, rise & create a right shoulder and continue bearish overall.

UnknownUnicorn2215917 Updated 

If price closes under the major resistance line, could be looking for the exchange rate to plummet south on a C corrective wave.

UnknownUnicorn2215917 Updated 

(This is an idea) after playing around. -The current market sentiment is in a downtrend. -Price has already made a Left shoulder & a Head for this structure. -4H chart; Price holds at green zone resistance, so a potential ADAM/ADAM DOUBLE TOP: -Price is below the 200 EMA. -15minute chart: Harmonic pattern formation:

UnknownUnicorn2215917 Updated 

Price tests 50% zone on Fibonacci numerous times on the 1D. EVE-EVE double top on the 4H chart: To understand what I mean by "Eve/Eve", highly recommend to check out the book: 'Encyclopedia of Chart Patterns; Second Edition by Thomas N. Bulkowski- it has around 850 pages. Happy Trading!

UnknownUnicorn2215917 Updated 

If price closes at 61.8%, looking for Dow to continue its path down.