First run in Nov retraced back to .786 before the run up Hit the PT right on money and retraced back to .786 - and bounced right off - Will we see a similar pop? Option movement seems to point to a $5+ PT by Mar19, but if same trend holds, would put us there in April - Checkout MACD and RSI - Will see a tug of war to stay above that 50MA - IDEX is PR heavy,...
Summary of current technical analysis for the USD/JPY pair on the 4-hour chart: - 70 resistance on the RSI with bearish divergence - extremely low volume to the upside - major resistance level on the monthly fibonacci - perceived bullish exhaustion - swing-high fibonacci 0 holding - +1.91% from swing-low fibonacci 1 If you enjoy this analysis, give it a like and...
Looks like PTON is primed and ready for a solid trend line bounce, we bounced off oversold levels on the RSI, showed now weakness in the A/D, and we are also sitting a sold Fib levels which i lay out in the video. Overall i think this is a great dip to buy here for PTON NASDAQ:PTON
right at the .5 of this Fib. watching for volume and a break
Please see the $AMC price action in Elliot wave I assume we are in 3d wave, 2nd is confirmed by 0.618 retracement The target for 3d wave as usual 1.618 fib extension March 19 is coming witching day Note: consider possible ABC correction
PostNL max 4.50. Now the best time in years because of Corona. When the shops open, short will follow, good moment to buy extra stocks.
Ocean/USDT 1H. I like stacking a few Ocean on the dips. Superb project. Looking at the 1 hour chart: I see a very good triple bottom that has offered support multiple times, far left is a 4th touch and within the rectangle is a good support zone. Buyers are not letting OCEAN dip beyond here 78 -80cents. All this and price action is within a larger ascending...
GBPUSD after the long bullish run attempts to break a strong monthly resistance. The market ended the run near to the top trendline of the ascending channel and started a downtrend move. During next week we can expect a further bearish continuation for a test of the 0.382 Fibonacci level, or even below. We will wait for confirmation from the market to set an order...
BINANCE:BTCUSDT Breaking the downtrend line and the first confirmation To start the downtrend
H1 : Currently trying to breakout : 1) Clouds resistance 2) Downtrend channel top resistance line 3) 23.6% Fibonacci retracement @ 46639 Indicators are showing some lack of momentum Successive "little" candles are also showing somme uncertainty which may add somme renewing selling pressure on the upcoming hours without a...
BINANCE:BTCUSDT As you can see, we have reached the bottom of the old and long uptrend in bitcoin, and the price jumped upwards, and this leap broke the short-term downtrend of bitcoin, and from here we can see a growth.
#USstock #TESLA #TSLA Using ATR on Daily Chart: Be Patient & Wait for to Re-Enter. Wait for LMACD to curl up. Price also needs to hold above 100EMA & 0.5 Fibo, or expect more downside. This is #PersonalOpinion. Pls #DYOR. . #PeterSinGuili #TechnicalAnalysis #SwingTrade
CHFJPY after the recent low at 116.200 bounces at the 0.5 Fibonacci level. The market tested a resistance and now is moving above the 0.382 zone. According to Plancton's strategy, If the price will break below, we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
Strong support of the downtrend trend line. Reacted off 61.3 fib. Daily on the bearish. TP 1.52000
Hi and welcome to yet another analysis on the 4 Hour and One day time frame! In this analysis I have many confluences which help lead to my final decision on this trade. Currently were still waiting for the actual entry on this trade but its coming up soon. We look for a strong confirmation of the Fibonacci zone. As you may notice there are 2 different Fibonacci's...
Hello fellow traders, this chart just shows the zone I am looking at entering back in. BTC loves the .618. (3k to 14k was a .618 retrace if you draw your fib from the ATH to the 3k zone it dropped to) This area also should act as a strong support zone since it was previously strong resistance. so 40-42k to me looks like a good entry. Preferably, it would be nice...
BTC is trading around 50% level of the Fibo retracement, knowing that buy can be executed at 61.8% and 50%. As it would go higher, it could retest the resistance which is in the case of bitcoin only round numbers and finally trade in a bullish movement until it reaches new peaks. This scenario is the most wanted one by investors. As we always say, trade safe and...