dabb13r

dabb13r Updated 

Could be a fake out, if re-enters diamond, long until 4157 to 4160, before shorting. Otherwise, short until 4100 (1st TP) and 4035 (2nd TP).

dabb13r

Bull flag with EMA support. Confluence with ES! and NQ! at near correction levels. We'll likely see bullish action to around 164 at the retest of the flag.

dabb13r Updated 

ETH (right chart) is forming a nice bear flag pattern, indicating that it might head lower. Altcoins usually follow BTC price action. For BTC (left chart), the 20EMA recently crossed the 200EMA. There is a good chance that the bull run is over, and we are at the cusp of a bearish period.

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Confluence of divergence on the RSI and rejection by the 200EMA on the daily TF. Wait for the retest at the neckline (about 0.65600), which is a major resistance level. Stop loss above right shoulder.

dabb13r Updated 

Confluence of a few indicators. Overbought on the RSI in the smaller TFs, overextended Cypher pattern and rejection by the 200EMA. TP levels are at the 50% and 61.8% retracement levels of the previous swing (highlighted in purple lines). Stop loss above previous swing high, which is also above 200EMA.

dabb13r Updated 

Each leg of the wave bounces off the 61.8 mark, and extends to 1.618. I expect a bounce off 1.2400 (my entry), which is the 61.8 retracement for the entire 12345 wave combined. Ideally, place stop loss below the previous swing low based on your risk-reward profile. My TP is 1.24950 and SL is 1.23775. Pattern is invalidated if the candle surpass the previous swing low.

dabb13r Updated 

Long-term short bias for this pair. If short-term taking a long position to corrective wave B, place stop loss below the previous swing low based on your risk-reward profile. Pattern is invalidated if the candle surpass the previous swing low.

dabb13r Updated 

Support level held at 1.39. Stop loss just below previous swing low. Looking for 38.2% correction to 1.4 at least.

dabb13r

Last move made a lower high after meeting strong resistance. Bearish candlestick pattern confirms further downtrend.

dabb13r

Daily TF Gartley pattern setup, with confirmation on the 4 hour TF. Could be a bounce with short-term gains. However, the risk of it going to 1.618 remain. Further confirmation needed.

dabb13r

Bullish three line strike with incoming cypher pattern. Hidden bullish divergence on the hourly RSI. Long at 7960.

dabb13r

Bullish sentiment prevails, with weekly correction taking place after strong bull run. Currently, bears are pushing hard against the 0.5 Fib value. If the support breaks, the next realistic target is between 1.1 to 1.16, where we will see a confluence of 0.618, 50 EMA and the lower Bollinger band. I'm expecting a strong upturn at that point.

dabb13r

Pennant and potential bollinger squeeze

dabb13r

Channel is intact, next target 60.

dabb13r

Low risk shorting opportunity between 1.12900 - 1.13000. TP at 1.09500.

dabb13r Updated 

Valid downtrend. Sell between $32 to $33. TP at $26.70.

dabb13r

Currently short at 0.71500. TP is at 0.69500.

dabb13r Updated 

Temporary liftoff at 1.272. Expecting further downside to 1.414 - 1.618 area.