I will be watching this pair closely this week with major fundamentals happening in both nations on Tuesday 31 March. GBP - GDP released. USD - CB Consumer Confidence (Mar). Current Price action is approaching the 0.618 Fib level on the Daily Time Frame. On the 1 Hour - I will be monitoring a breakout of the bullish parallel channel and accumulation towards a...
toilet paper at 2k just a guess you thoughts? education use only
This Idea is a New Update of confirmed previous Idea. Technically If Cypher Harmonic Pattern builds complete then EuroUSD declines to 0.618 Fibo level. ( retracement in 61.8 )
RATE CUTS AND 'NIRP'! DOLLAR MILKSHAKE THEORY RELIED ON RATE HIKES AND QUANTITATIVE TIGHTENING! U$D IS NOT THE CLEANEST DIRTY SHIRT IN THE HAMPER!
USDSEK tried to challenge the all time high spot and failed, and pullback to the 0.618 spot. Here we got this hourly set-up to long. This trade is quite alike with the same trade in USDJPY yesterday, it was a nice trade, so I'm absolutely willing to take another similar trade in this USDSEK. Let's see how it goes yo!
ICXBTC looks primed for a run. We had a perfect retrace to the .618 fib and have broken out of the falling wedge. If volume kicks in, this coin could really fly. We are looking at a minimum of 10% return on this trade. The returns below are based off of the location of the resistance levels. 10%/18%/28%/53%
If we divide a number at the current position to the number next in the series, say 13, the result would be approximately 0.618. In percentage, it is termed as 61.8%. So 0.618 is termed as “the Golden Ratio” or the “Golden mean”. NOW price is at this level and we can expect bearish Trend.
NZDUSD has a mixed perspective on the monthly chart, which is the conflict between inside month breakdown and the monthly demand with 0.618. That is, I won't become too bearish on the inside month breakdown. Here we got this daily demand zone pullback, an around 30-pips risk trade. Not a bad idea to long this one and give the out around the 0.6370 spot. Let's...
XAUUSD hit the recent 0.618 pullback after the NFP, and had an inside hr breakdown this morning. Here we got another chance to get in the short, which is this 30min bat and shooting star combination! Let's see how it goes yo!
Trend continuation of the 0.618 on AUDCAD
**NO TRADE ACTIVE - Educational Post for Discussion*" Currently we see a bounce back forming with some more upwards potential. I Think it can reach the 0.382% lvl or max 0.618%
We´re looking for Shortpositions at the grey GKL box! From our grey sequence traget we can such for buyoppertunitys.
NAS completed impulsive move to the upside, corrective wave started at 61.8% fib level which is a key level, waiting for NAS to correct itself via the ABC corrective wave. Please let me know what you think and your views on this idea
USDJPY previously hit a double bottom on the 4hr last week and is not lineing up for a long just off the 0.618 retrenchment bat to 110.00
Update from previous post, still looking to short. Target is next psychological zone 1.03000. Any comments would be appreciated
BITCOIN LOVES 0.618 FIB RETRACE !! This must be happens for retracement agains bears !! I'm Bullish as always !!
In forex trading, the Fibonacci sequence can also be applied to market behavior to find high-probability trading setups on a wide range of timeframes. Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction. Fibonacci retracement is created by taking two...
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!