As we approach the much-anticipated Bitcoin halving scheduled for April 19, 2024, it's essential for traders and investors to assess the potential price movements based on technical analysis. In this analysis, Bitcoin reached its previous all-time high (ATH) of November 8, 2021, while considering the formation of a Cup & Handle pattern and a retracement to the...
NASDAQ:TSLA reported quarterly earnings after hours. The initial reaction has been negative but that can sometimes change during the volatility that continues during the conference call and later the next few days. This post will not delve into the fundamentals as a some prior posts have done. After all, markets are presumably efficient and discount all new...
URI heads up at $675: major fib confluence, possible local top. The exact zone defined by the fib confluence is 671.30 - 677.71 Look for a pullback there, or a break and retest for continuation. Will post updates as price action hits key levels. =========================================================
📈 Overview: NZDJPY, amid a bullish trend, shows a bullish divergence near its higher low. The current retracement from the 0.618 Fibonacci level suggests potential upside. 📊 Technical Analysis: Bullish divergence and retracement from 0.618 indicate a favorable risk-reward ratio for potential long positions. 📉 Trade Strategy: Traders may consider long positions,...
TIMING: Asia LEVEL: Weekly, 618 SETUP: BOBBI, 618 ENTRY: Depletion/Rejection, Momentum
System has identified a “618” fibonacci pullback setup as well as a "LIBRA" or inverse head and shoulders with a potential “momentum” shift market entry during the second hour of the LONDON 12-Candle Window. RISK: 1R TARGET: 2R for 618 setup, 4R for LIBRA ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering...
System has identified a “618” Fibonacci retracement setup and executed a buy “limit” entry during the second hour of the LONDON 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup...
System has identified a “618” Fibonacci retracement setup and executed a sell “limit” shift entry during the pre-market ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and...
System has identified a “618” playbook setup and executed buy “limit” market entry during the second hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry...
System has identified a “618” Fibonacci retracement setup and executed a buy “limit” entry during the second hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and...
System has identified a “618” Fibonacci pullback setup and a “limit” entry was executed during the second hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry...
System has identified a “618” Fibonacci retracement playbook setup and a potential “buy limit” entry during the third hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R
A Couple setups being presented, already in using 618 limit setup and now entering based on seller depletion. Lets see if we can get 4Rs hopping in the trend
BTC On the Weekly time Frame. BTC has been in a strong Elliot 5 Wave Impulse Move since the start of 2023. Analyzing the Fibonacci Retracement of the first pull back (wave 2) which occurred in March of this year, we can see an almost perfect touch at the .618 level before wave 3 ensued. In Keeping with the laws of Fibonacci, Wave 3 was the most violent (so...
Re-taking this trade. Double Bottom Pattern + Higher Low Present on OTE Zone. Plus, Winlev pattern is not yet invalidated(just the stoploss that I set). So, re-taking the trade and expect it to hit the original tp. Just tp 1 on opposite orderblock and tp2 on original target. This is good because I'm re-entering on a lower price point. = Recoup initial loss +...
Requirements made for 618 retracement setup after impulse move up. Let’s see if we get a continuation. Market not moving much volume today
Lets see if we get UJ right this time with the 618 limit setup and dollar showing some momentum at a very good level
Big rally to shake out early reversal sellers! lets see if we are due for a short term pullback