A bit macabre, but it fits. During this downward movement, there will always be days when I question my correction scenario for the U.S. indices with a downward potential of about 3-5%. In corrections, days with sharp upward movements (but on thin volume) are often known as "Dead cat bounces."Currently, it is still unclear whether it will be the Big Techs or the small caps (Russell 2000) that will lead the year-end rally in 2024. However, statistics still favor a positive development towards the end of the year. The high sell-off volumes this week indicate that the correction is likely to be fully exhausted.I am already screening the markets for potential investments that show strength in this market environment. But as mentioned before, I will only dip a small "toe" in the water and significantly reduce the high liquidity ratio only when, for example, a strong wick appears on the candlestick chart at the weekly close.

It looks like a head-and-shoulders formation, which would mean briefly dipping below the $60,000 mark followed by a quick recovery. Then, the formation is ready for a breakout. If this scenario holds, I will screen cryptocurrencies showing the most relative strength compared to Bitcoin, as announced. This is where I will invest my liquidity. If no rebound occurs and weekly candles form below $60,000, Bitcoin will test its uptrend below $50,00

Basically, the ABCD pattern is the basis of the harmonic pattern and is referred to as a Fibonacci trading strategy. Such a pattern arises from price movements and corrections and places these in a Fibonacci relationship with each other. If certain ratios arise, different patterns can emerge. There are variants in the patterns, which are represented by bandwidths in the figures. In simple terms, these are dynamic patterns consisting of at least 4 or more pattern points.

Stop Runs are price levels where price likes to return after creating relatively equal highs. In this post I'll show you how to apply this concept and go into detail about why I think of this concept to be superior to many other retail trader patterns like the Double Tops/Bottoms.

Grundsätzlich ist das ABCD Muster die Basis im harmonischen Pattern und man spricht hier von einer Fibonacci-Handelsstrategie.  Ein solches Muster entsteht aus Bewegungen und Korrekturen des Kurses, und setzt dies in ein Fibonacci-Verhältnis untereinander. Ergeben sich bestimmte Verhältnisse, so können verschiedene Muster entstehen. Es gibt in den Mustern Varianten, die durch Bandbreiten in den Zahlen abgebildet werden. Es sind in einfachen Worten dynamische Schablonen, welche aus mindestens 4 oder mehr Musterpunkten bestehen. Grundsätzlich gibt es bei den Harmonischen Mustern:

Hi guys! I just discovered some new tools and had to try them out. I've seen them on some of Mustermanns Posts and found them intriguing, here's what they look like on my charts. 

An update glitch triggered a significant price movement at CrowdStrike. As the good Lord would have it, this event occurred at a multi-cluster zone of technical analysis, which we will now look at in detail. In the following chart, we can see several technical analysis elements. In the left chart, we see two significant technical patterns, which we call wolf, consisting of 5 pattern points. We can put these wolf patterns in relation to each other. The red pattern, which is larger, is called the “superordinate pattern”, the green pattern is the “subordinate pattern”. In the 4h chart on the right, we see an ABCD harmonic pattern in blue. This is a pattern based on Fibonacci ratios. The indicator in the right window is an RSI, which, in this case, even shows a divergence. 

Für unsere Nerds:B Blau ist Intra Rebound 167 Gelb. C Blau ist 13er Rücklauf. D Blau ist 127. Blau RA1 erfüllt.Kurz und knapp für alle anderen Wolf und Regelanlauf 1 erfüllt. 😊

CME has tapped that downward support line multiple times now, indicating strong support.

Hi guys! 

The chart image indicates a continuation of the rage. There are currently two possible wolves at the top.