Nas100 is moving in a corrective sideways movement indicating a price correction is occurring, potential falling wedge pattern is forming
NAS-100 has started consolidating forming an inside bar meaning when the pattern breaks a massive move in one direction will occur. The best option for any trader is to wait for a daily candle close outside the box and look for an entry on a smaller timeframe.
us30 has failed to break lower resulting in a stronger divergence on the 4hr timeframe now a break-out pattern is forming I'm looking for rejection on a supply zone and then a quick bounce off the demand zone before the price continues higher, the price needed a correction after the rate hike. The overall trend is bullish.
US30 has started a downtrend since the recent rate hike, it may continue lower or restest previous highs around 35660 creating a double top pattern on the daily and the weekly timeframe which would be extremely bearish, currently, I am waiting on the breakout after missing the recent counter-trend patterns. Happy Trading!
Us30 has been inside a descending channel for a while which is a bullish pattern and now has started to form an inverted head and shoulder within the channel which also is a bullish indicator, please comment I would like feedback.
pay close attention to the weekly inside bar breakout
GBPJPY had a false bullish breakout followed by a rejection further downside movement incoming from bearish divergence on the weekly time frame
Bitcoin has started consolidating around $47,500 and breakout is soon to be within the next 24hrs I am bullish and I believe we can see $53,000 in the short term
Bitcoin has to open and close a 4hour candlestick over $63,800 to continue the trend towards $66,000 before hitting the higher resistance level
gold is due to break out in the next 48hr gold formed a triangle pattern on the 4hr time frame 60% chance to break up 40% chance to break down
BITCOIN HAS CONTRACTED AROUND $36,500 AND NOW HAS OPEN AND CLOSE BELOW IT FOR ITS FINAL SHAKEOUT WHEN BITCOIN OPENS AND CLOSE ABOVE $36,500 THE BULL MARKET WILL CONTINUE TOWARDS ITS FINAL BLOW OFF TOP US ECONOMY AND STOCK MARKET ARE LOOKING TO RECOVER IN SEPTEMBER THIS ALIGNS WITH THE BTICOIN CONTRACTION MAKING A BULLISH MOVE WITH THE NEXT 60 DAYS
wait until the breakout occurs
if btc close below the yellow line it can go to 30k
if this is an Elliot wave playout then this trend is about to get bearish
A long opportunity may be happening within the next 48hrs
gold has been forming a descending triangle on the daily time frame