Caveat, I am not great at this but i love throwing numbers at the wall and hoping a bullseye appears behind them later. At least I admit that :) TLDR; 51 day periods in downward price movements, only 19 days into a 51 day period. Consolidation has happened at that 18 day point in each cycle so far. Price should bottom in about a month. My pick for bottom...
I am just playing around with Harmonics, still can't say I have any real idea if I am doing them right ;) This one looks pretty good, EOS already completed one on it's previous correction, the EOS chart remains Bullish long term and is currently sitting right in the space I would expect it to turn back up against BTC if that Bullish trend is to continue. It has...
Strong support shuld come at 300 however 265 is not out of the question
I have never really traded harmonics before, however this OMG pattern looked so much like the patterns I had seen presented by youtubers etc, that I went looking for what pattern I was seeing. I landed on the Cypher Pattern. So according to a few google searches and this site - www.fxdayjob.com The potential upside on this trade us substantial if what I have...
Possible fractal formation with a target gain of 20% over 5 days Boxes show where price moved and could now move again to a flat topped Kumo which has a tendancy to act as a magnet for price. The first wave of the fractal is almost a perfect match.