Cant post. Problem with the website saying Im not writing in english... I cant fully write down the idea.
Same view as last week. Saying i was looking for a double bottom on 1D MACD:
Was expecting an ABC retracement in this post. Discarded this a little bit too early. Heres a look back on the updates in this post :
1)
2)
3)
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Got little bit exited about a bounce at higher fibo ratio. If we break under 6180 cancel this idea.
Looks like the 5th wave of major C is in :
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Lesson learned from counting pattern under 4h : Im not good. Too much free time last week maybe ;) Still put little knowledge in my bag from going under 4H
Consistency is the key.
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mini update : first contracting daily histogram with higher volume. thats what i want :
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2nd day of contraction. I think it is safe to call the imminent bullish MACD-signal crossover :
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4h histogram chart got bullish divergence. lets see how it plays out
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before someone ask : whats a 4h chart with histo bullish div. and a probable imminent MACD-centerline bullish crossover ? :
But i think for my long term followers this is already acquired knowledge"
From my experience a MACD-signal bullish crossover on the daily gives at least 5-10% gain in price. BUt you can simply open a chart and watch the result/effect. Very reliable signal IMO :
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Short update
1D :
4H : giving what we said 4H MACD should trigger the signal soon
Exceptionnaly im going 1H : it should look like this :
note : it happens that daily show false bullish signal but these a rare case that why im showing only the bullish scenario of it
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same idea for this week. will update later this week.
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4H MACD projected bullish crossover : reached
1D MACD projected bullish crossover : reached
Reversal in target zone with rise in price : reached