Can anyone find me 3 bullish non indecisive daily candles here in the last 3 months?? At least its holding support at 17c.
Last two days nice candles and series of higher lows and higher highs. Indicating accumulation at higher prices.
Run for your life, every man for himself. Price unlikely to be hold the strong tidal waves of current upheaval. Buy back in around .618 level if it acts as support.
Details on chart. Currently holding Gann support.
Do we have any cup and handle pattern traders out there?
Promising Idea... Entry at retest of previous critical resistance level.
MIGHT HAVE TO BE LOOKING TO GET IN WITH CONFLUENCE OF GANN TIME SUPPORT AND .618 FIB LEVEL AS CALCULATED FROM OCT SWING LOW TO HIGH. I LIKE THE FA ON THIS PROJECT TOO.
IS NOW A GREAT BUYING OPPORTUNITY OR IS IT THE END OF A MASSIVE BULL RUN AND START OF A DOWNTREND REVERSAL? COMMENT BELOW.
Nice Price Action suggesting break of long term downtrend with oodles of profit potential ahead.
Why? 1. Pullback only to the .382 fib and accumulated b/w there and .25 fib, very bullish after that huge move up indicating that sellers have dried up. 2. Possible Double Bottom 3. Bullish Ascending triangle. Possible stop loss run, may wick down before pushing up to bear in mind.
As you may notice, price action has been defined within the large yellow triangle since our low of Dec 2018. Currently price rests on the critical 45 deg time line, which has acted as support even at the beginning of the bull run. Also holding the .618 Fib. So the question remains which black lined area will price gravitate to, will it be up or down or...