Because AB=CD, CD 1.618 times at E point (this is the secret I found). Therefore, in the vicinity of 112.30 to buy, stop at 112.30 points below 20, only in the 113.10. to allow time to verify it!
ICEUSA:KC1! Confluence between the 618 retracement and the 161% extension, let's see if the big bears start to bid lower once the price gets there. (IF) There's also the previous structure at 224%, above the 78.6% retracement, let's call it a "cluster zone between fibs", and it will "validate" the "extended" Shark at 224% (check price action and structure at...
Nice Flag formation happening on the 4 hr chart, fib inversion puts our 1.618 at a Daily level looking at extended targets the 1.27 of the fib extension lines up with the 618 area of the recent leg down on the higher timeframes
CADJPY short price at .236 retracement and 1.618 extension StochRSI over bought
crab+supply+1.618 fibo +over bought+ab=cd SL:1.3160 TP1:1.3030 TP2:1.2960
FX:GBPCAD MONTHLY TARGET 1.618 FIB EXTENSION
Price is starting to break down 240 min chart. On the 30 min we have a potential measured move. I'm looking for price to retrace back to the .382 fib (.70451) and then continue to the 1.618 fib ext to .6980. The measured move from the .382 to the 1.618 ext is exactly the same length. Also, the .382 fib level has acted as former support. I would have my stop just...
I'm looking for price to fill the Gap. There is a 1.618 fib ext and a .618 fib retracement right around Fridays close. I want to get short around 1.3659, stops should go at least above the structure high around 1.3790, you could go higher or lower depending on your trading plan. I would look to take profits back to the swing low 1.3205. There is also a bearish...
There is potential Bearish Bat on the 30 min. There is also a 1.618 fib ext correlation in the same zone. I would look to get short around 1.1369 with my stop above the swing high at 1.1435 and a target at 1.1087. The target is a .618 fib retrace from the entry price. This is of course, if price breaks and closes above the .50 fib zone. Also, this .50 fib zone...
EURJPY gives signals that it wants to start retracing with MACD divergence and rejection from 1.618 extension area, watch for falling wedge breakout and a possible pullback for long opportunities.
Sell FX:EURUSD Price reaced 1.618 ext of up ABCD Swing / .236 Retracement of Down AB Swing Bearish Engulfing CS formation Resistance (pink line) StochRSI over sold
Monthly Pivot Points - Blue Eclipses Descending Triangle 1.618 D Extension of Down AB SWING.
EURJPY Short Descending Triangle Retracement from .382 fib level Target 1.618 fib D Extension Equal Distance of Vertical Height of the Triangle
Daily Head and Shoulder Down AB Swing/ Retracement from .618 Target 1.618 Strong resistance @ 0.7500 Bearish Engulfing Candle Stick Formation
Please see annotated chart for rationale.
sell on any rebound to 0.7635/50 target:0.7380/0.74 sl: 70pips
SPX enters the key area for its nearest future as the price came up to 0.764 fib ret of the last downward move and the 1.618 extension of the AB leg in the potential structure pattern. Look for the signs of weakness on 1H chart (divergence on RSI or price channel breakout) it may be goog risk reward short trade with stops above 2120 and potential targets...