1618 Fibonacci Extension

Reason to Sell 1) ABCD pattern 2) 1618 fibonacci extension = potential reversal

Was slightly late in identifying this setup. I usually will short on the Right Shoulder and take my TP1 at the neckline. Price has risen significantly last night and a change in trend is underway. However, there may be chance for a small pullback up and then take the short. One thing to note for all traders, DO NOT chase the trade! I repeat DO NOT chase! We...

Reason to Short 1) ACBD 2) 1618 Fibo Ext.

AMAR3 Segue na onda 3 para cima após onda 2 de correção perto de 0,618 de fibo na casa dos $4,83. Agora consolidando no topo, próximo da resistência, mas na continuidade da onda 3 que pode seguir subindo até a casa dos $7,77, confirmando o mesmo tamanho da perna da onda 1. Pode ganhar mais força rompendo uma forte resistência e chegar até 1,618 de fibo na casa...

Reason to Buy Dollar Index 1) Trendline support 2) 0.618 Fibo. retracement 3) 1.618 Fibo. Extension Stay tuned !

Reason to Long 1) 7900 = Key support 2) Fibo Ext. 1.618 = potential reversal Long-ed

Continuation to the Downside

Continuation to the upside

Reason to Long 1) Uptrend 2) Trendline support 3) 0.618 retracement 4) 1.618 fibo Ext. Waiting signal Stay tuned!

Reason to Long Dollar 1) Long-term uptrend 2) Support area 3) AB = CD 4) Fibo 1.618 5) Bat pattern Stay tuned!

Reason to Buy 1) 1300 - 1340 = strong support area 2) AB = CD 3) Fibo Extension 1.618 4) Cypher pattern Stay tuned!

Bat Pattern confirmations: - A-B must touch 0.5, but cannot touch 0.618 - B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236 - D completion at 0.886 (Fibo X-A) - Take profits at 0.382 and 0.618 (Fibo A-D) - Third TP would be long term back to where it all started Deep Crab Pattern: - A-B leg can retrace anywhere between...

Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP back to point C Between A to B we can see a minor 2618...

A break above 598 will trigger these targets Target 1: 690 Target 2: 804

Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 (on this case B is below 0.618) - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP back to where it all...

Confirmations for Deep Crab Pattern: A-B leg can retrace anywhere between 0.382 up to 0.618 B-C leg can retrace 0.382-0.886 of AB leg C-D is an extension of up to 1.618 of XA leg Take profits at 0.382 and 0.618 (Fibonacci D-X). Thirs TP wpuld be back to where it all started at X. MACD shows divergence by being lower on the indicator and higher high at chart. Good...

Confirmations for 2618: - double Top - measure bearish impulse - retracement at 0.618 (on this case a pullback) - sell towards -0.27 (take profit) Double Top + 0.618 = 2618 Good Trading.

Bullish Butterfly Pattern - A-B must touch 0.786, but cannot exceed X - B-C touches 0.382, but sometimes goes further (does not exceed A) - ABCD formation. D has to reach outside X and touch 1.272 or 1.618 - First TP at 0.618 (Fibo D-A) - Second TP at 0.382 (Fibo D-A) - Third TP back to where it all started at top Left Leg: We can see an ABCD pattern been...