Bears about to get rekt

6 Apr 2018

Double bottom forming

U-shaped volume

7 Apr 2018

Nota

We have 12hr doji reversal candle. Fib time zones predicted this move here. Everything as planned. We should see more bull action now. Enjoy the show

8 Apr 2018

Nota

Short-term possible pullback.

Bearish divergence on hourly


and cloud resistance blocking our way up

8 Apr 2018

Nota

We are still under 4h cloud resistance. Whats interesting to me it looks kinda similar to previous price and RSI action. Also that previous situation was under 4h cloud too which bull managed to break. Im expecting the break to the upside so I wont be surprised it doing it here

8 Apr 2018

Nota

So the bulls could push here or rather do some side trip under and penetrate the cloud from behind. The result should be the same

9 Apr 2018

Nota

the second way then

9 Apr 2018

Nota

In case this double bottom idea fail I would watch this

12 Apr 2018

Nota

Second path seems working as planned

12 Apr 2018

Nota

Green falling wedge destroyed. Its time to test red log scale downtrend line

15 Apr 2018

Nota

~8700-8800 is the resistance from log downtrend. Expect bigger pullback there

18 Apr 2018

Nota

Here is my current count of EW. Only not sure if wave 4 is finished or maybe will need to get lower

20 Apr 2018

Nota

Ok guys. Last idea following my prediction so far. Here is the updated version of it

s3.amazonaws.com/tradingview/snapshots/z/zPaCjuZF.png

20 Apr 2018

Nota

Wow bulls. That was quicker than I expected. Looks like we are above log downtrend line (red) but I'm not convinced yet because we are also in some kind of a ugly rising wedge. Waiting to see which way will it break before taking any position.



I also watch this inverted H&S as a posibility. If we fall down from the rising wedge then its very likely to happen