here is what a perfect fib looks like. We have a perfect 50% retracment. And what we are looking at is a step up to 18967 take profits here,
In my previous post, I illustrated a possible trade, which initially started off very bullish, yet turned out to be bearish. A triangle with everything going for it could still go both ways: break out through its resistance, or fall through its support. The second scenario happened; as soon as it broke support, we knew the trade wasn't worth continuing. I'm...
Neo has been volatile since the announcement of the announcement and it left many disappointed. It formed a symmetrical triangle as drawn on the chart. In the Short-term, it is bouncing nicely off the the bottom triangle and expect a minimun bounce to the 39-41 area. Typically such a formation will result in a break to the downside, however, we can never know for...
Below you'll find an analysis on EURUSD H4 chart. Price on H4 broke the upsloping trendline to the downside. After a retest of the trendline price continued to move lower. Subsequently, price broke through support, found support on 38.2 fib level and is now testing resistance (former support). If price is not able to break through to the upside, more downside...
price are making weak downtrending movement. By looking at the higher time frame price are consolidating and tends to move up at 50% fibonacci rertacement.
Looking on the daily chart and 4h chart , it looks like price will rise to the next resistance zone but I'm aiming to the second resistance zone which is 19.0 zone - marked on the chart... Best of luck :-)
After a breakout of the triangle we see an ABC correction, a possible retest of the breakout which should stop around 13.020 The BIG C wave might not be finished yet and price could fall until 12.8XX to finish the correction. However over 13.070 we are back in the trend, old target around 13.500 (see older posts) are still on the table.
Breach of 25Day EMA and 9 Day EMA on 1 Day Charts RSI(14) at 53 and RSI(5) at 50 on 1 Day Charts Fib Level looking to breach .382 Level FX:GBPJPY
The chart shows a perfect example of a healthy fibonacci retracement. Price dipped below the 1H 100 EMA and started to recover. 980 remains solid support. To those looking for long positions: this might just be the moment you were waiting for.
As the price couldn't break fib ress at 1.17740 and touching the upper line of the ascending channel , might want to short to tp area.
EURUSD further upside momentum now slowed. We need confirmation above levels shown for positive confirmation of continuation. Momentum deviations rampant in pair as shown and very volatile area of resistance now reached. Approach further doubling up to the upside with caution.
How do Dash, LTC and ZEC move against btc? Can we learn anything from their relative movements? Orange arrows indicate the tops in altcoins which usually results in a stall or minor consolidation in btc price Blue arrows indicate bottom of alt moves and either coincide with or lead the rise in btc price. Check the fib retracements to check for potential...
50% R2R (Circular Geometry) The large Price/Time Continuum Harmonic is completed, the 2.618 Arc has been reached. Is a 50% Retrace 2 Reload needed, are there any indications it will. No large Retraces have happened in Bitcoins recent rallies. Yes, minor corrections to the .236 or .386 but the last major 50% retrace was on 03/03. So yes maybe we are overdue and...
AUDJPY bearish swing trade set to continue. See chart!
ETH had very interesting movement for the last couple of weeks and I think that the losses are not finished yet. There is a big bearish candle from 3rd of April. This kind of big candles tend to create support/resistance which is placed at 50% of Retracement of the body of the candle ( shadows doesn't count). …Yes you can apply this kind of analyze to any...
Perfect Bat pattern has formed on the 4HR time frame for USDCAD, analysis lines up perfectly with my adjusted EURCAD short which is currently up 40+ pips Tight PRZ for this trade, expect volatile moves with the news today.