fibratios

lukeboland lukeboland PRO USDJPY, 60, Short , 3 months ago
USDJPY: USDJPY: Bearish Bat
37 0 4
USDJPY, 60 Short
USDJPY: Bearish Bat
Hi Traders, Hope you have had a good week of trading so far. Here is a bearish bat pattern setup on USDJPY, H1 timeframe. Entry: 100.800 Stop loss: 101.050 1st Target: 100.500 2nd Target: 100.300 Remember to leave a like if you found this idea useful. It's always appreciated. Luke
HamzaLeith HamzaLeith AUDNZD, W, 2 years ago
AUDNZD: AUDNZD is in correction mode bearish forecast for the long term
157 0 5
AUDNZD, W
AUDNZD is in correction mode bearish forecast for the long term
Idea is based on Elliott wave theory. According to my count, corrective wave nr 4 is on-going. Expect price to retrace into the 0.382 before wave nr 5 can initiate. Ratio confluence of waves nr 1 and 3 is used for the selection of the target. Good luck
WallStScalper WallStScalper PRO SPX500, 60, Long , 2 years ago
SPX500: "No doubt" A Harmonic Pattern.... but...?
445 2 11
SPX500, 60 Long
"No doubt" A Harmonic Pattern.... but...?
No doubt The harmonic "force" is strong with this pattern having many confluence fib lines almost in a cluster around 2132 - 2139. It fits well with my more overall target for the SP making a top at 2138.04...so I'm of cause biased here..... no doubt. That said... I do not recognize this pattern from the rulebook ...
MagnusTradingGroup MagnusTradingGroup PRO BTCUSD, D, 2 years ago
BTCUSD: How to properly scale your charts
1810 6 14
BTCUSD, D
How to properly scale your charts
Many charting tools require a proper scaling of price / time. This is the method I'm using to scale my charts if needed. 1) Draw a rectangle somewhere on your chart 2) Set it's coordinates to 1:1 So if the price coordinates are 300/350 , set the bar (time) coordinates to have the same difference of 50 ...
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