So we can see how the late Friday sell off has created a nicely shaped SHARK pattern. Now all you have to do is hang on for the ride... it will shake you out.. so prepare for some heavy ups and downs, but the overall move is UP. Lets see what happens. Support was at the 50 FIB so we should see price targets around the 16.00 mark before severe corrections.. Please note the last chart- this is a SUB HARMONIC pattern... not the MACRO.
تم فتح الصفقة:
Target 16.06 on this SUB HARMONIC... before correction.
تم فتح الصفقة:
As stated earlier there will be violent pullbacks and price moves. Hang in there :) I think we will see a big pull back in a few.
تعليق:
Post Market has gone to 15.20 already LOL
تعليق:
Resistance level 14.37- purple line above.. this will slow the price ranging to upside, but not end it.
تعليق:
Down to 13 pre market.. but still within this pattern- price action today will reveal what this pattern wants to do. Tht resistance point proved to be another reset marker- very strong.
تعليق:
Dont be so quick to exit. This is only a finishing wave.. Suspect price to hold at least at 12.60 no lower than 12.20. If lower than 21.20 the pattern will be busted to a lower level like 11 dollars (below 11 its dead) ... But looks like it is supporting at the original level marked on chart - see red line. This is heart line of the pattern. Will continue to monitor if it holds this level if so- its still bullish. The reset will have confirmed the original chart pattern- see that chart.
تعليق:
Expect support 12- 12.15.. anything lower would not be good.
تعليق:
Excellent bounce from 12.15- back off to the races... what a retrace! Confident on the long position from here as long as we stay above 12.15
تعليق:
Second bounce at 12:15- this appears to be a confirming low.
Moorsc0de aka Crypt0nomics aka Zaphkiel
