BekhzodAkbarov

BekhzodAkbarov

We have H&S pattern formed in 15 minute timeframe on top of daily range. If the price succeds to break neckline with impulsive move and retest the broken structure, setting your Risk/Reward ratio reasonably, we can aim down to TP-1 24.400 and TP-2 24.000.

BekhzodAkbarov

Price has formed a parallel channel and right at this moment, it has broken the lower boundary of the channel. My expectation it may turn out to be excess price (fake breakout) and price will continue to move up until 50 fib level bearish correction. From then on, we may expect strong selling of the current buying accumulation.

BekhzodAkbarov

Gold is making a bullish flag which is a continuation pattern. We may expect a deeper pullback to around 1800 price level which will correcpond to 50 fib level.

BekhzodAkbarov

As one can observe, there is an ascending parallel channel whose lower boundary has been broken, however the price is reversing back to the ascending channel. If this turns out to be a fake breakout, we may aim for long positions.

BekhzodAkbarov

In 1D, price is stalling at 61.8 fib level of previous bull swing. If the price manages to make a W turn i.e., double bottom in lower timeframe (4H or 1H) at this price level, we will have many opportunities to go long.

BekhzodAkbarov

4H BTC is completing right shoulder of inversed H&S pattern, if 21500 previous lower high is taken out, it will be a good signal to look for short term long position.

BekhzodAkbarov

Price has made left shoulder, head and possible in the making of right shoulder. If H&S completes itself in 4H, it is a good idea to look for short setups in lower timeframes.

BekhzodAkbarov

Price got back to to the top rectangle and now trying to consolidate at the bottom of the box. Targeting the top of the box as TP for next couple of days.

BekhzodAkbarov

So the triangle break has occured to the down with retest of breakout area in 1H. Will wait for the development of price action and break of the rectangle with the trend.

BekhzodAkbarov

We have 2 resistance obstacles above the current price level, 1st being the channel bottom line resistance and 2n mirror resistance of a rectangle box. I suppose it is way clearer for the price to go down as not that strong support at the bottom.

BekhzodAkbarov

As the ascending channel bottom resistance was broken and the overall momentum is bearish, it is most likely continue to trend down down to previous low.

BekhzodAkbarov

Price is getting squeezed in H1. Potential bounce to either side after the breakout and retest. Will need to wait for confirmation.

BekhzodAkbarov

If 100 price level holds up as support, we may expect the price move up to 104

BekhzodAkbarov

Expecting SOL to retrace about 50 fib level and enter long at 98.1325. There is also a support zone previously acted as resistance which moved price from 98.1300 down to 92.8900. This also indicates that this level is of significance.