The 0.618RET of previous decline is at 3.04 and the 1.618EXT of previous rise is at 3.07 level.
Meanwhile the prevous structure also works at this zone.
So it is good to sell short at 3.04-3.10 levels when price action gives the bearish signals in the PRZ.
SL:above 3.15
TP1:2.80
TP2:2.68 and further more
The market has broken out the starting point of last rise and the pullback is coming now.
The potential bearish Libra pattern will complete at 113.3-113.5 levels because of the previous strcuture.
Meanwhile the 0.618RET of previous decline also locates at 113.3 level.
So it is good to sell short at 113.3-113.5 levels when price action gives signals in the...
The DXY dropped for a long time and it rallies to the potential reversal zone which may have strong resistance.
The 0.618RET of previous decline is at 101.8 and the 1.618 of previous rise locates at the same zone.
Meanwhile the previous structure also works at this zone.
So it is good to sell at 101-104 levels when price action gives the bearish signal in the...
The market has broken through the upward trendline and the pullback is coming now.
The downward trendline also gives the resistance.
Meanwhile the 0.618RET locates at about 1215 levels and the previous structure also works at this zone.
So it may be good to sell at 1215-1216 levels when price action gives the signal in the PRZ.
SL:above 1220
TP1:1206
TP2:1200 and...
The bearish AB=CD pattern is completing at 2.92 level and the 0.618RET of the previous decline is at the same level.
Meanwhile the previous structure works at 2.9-3.0 levels.
So it may be good to sell at 2.9-3.0 levels when price action gives the signal in the PRZ.
SL:above 3.02
TP1:2.8
TP2:2.7 and forther more
The neckline of the double bottom has been broken out and the market is pulling back the neckline.
Meanwhile 0.618 RET also work at this zone.
So it is good to buy at 1.23-1.24 levels when bullish candles appear in the PRZ.
SL:below 1.21
TP1:1.27
TP2:1.29 and further more
The market has broken out the upward trendline and the starting point of last rise and the pullback is coming.
So it is good to sell at the 0.618RET where also the previous structure works.
Entry at 109.3
SL:above 109.7
TP1:108.5
TP2:107.7 and forther more
The starting point of last drop has been broken out,maybe a short-term rally is coming and the market is pulling back the 0.618RET.
So it is good to buy at 1.074-1.076 levels when price action gives the signal.
SL:below 1.07
TP1:1.08
TP2:1.085 and further more
It is a good opportunity to short BTCUSD and reasons are as follows:
1.the 0.618RET of previous decline is at 718 level;
2.the 1.618EXT of previous rise is at 715 level;
3.the potential AB=CD is completing at 716 level;
4.the previous structure also works at this zone.
So short positions could be opened at 712-718 levels when price action is good at the...
The market has soared in last three weeks and the price has entered a very important zone.
The 0.618 retracement of previous decline is at 2.56 level and 1.618EXT of previous rise is also at the same level.
Meanwhile a previous structure also works at this zone.
So it is good to sell short at 2.56-2.63 levels when bearish candles appear.
SL:above...
The market has broken though the starting point of last drop and the price is pulling back the 0.618 retracement.
Meanwhile the previous symmetrical low point also locates in this zone.
So it is good to buy long at 43.8-44.2 levels when bullish candles appear.
SL:below 43
TP1:46
TP2:47 and further more
The potential bearish bat pattern will complete at 0.756 level and the 1.618EXT of the AB is at the same level.
Meanwhile the 0.618 retracement of the previous decline locates at 0.756.
In addtion,the previous strcuture also works at this zone.
So it is good to sell at 0.756 level.
SL:above 0.758
TP1:0.750
TP2:0.744
The market is retesting the 0.618 retracement and the neckline works at this area.
So it is good to sell at 104.4-104.6 levels.
SL:above 105.2
TP1:103.2
TP2:102.5 and further more
The upper edge of triangle has been broken through and the market has pulled back the breached down trendline. Meanwhile the market is retesting the 0.618 fibo retracement.
So it is a good opportunity to buy long at 167-172 levels.
SL:below 155
TP1:200
TP2:215
TP3:ultimate target 250
The NGAS has pulled back the 0.618 retracement of the previous decline and the market will be likely to continue the down trend.
Meanwhile a pinbar appeared after the market hit the 0.618.
So it is good to sell short at 3.06-3.08 levels.
SL:above 3.20
Target:2.66 and further more
