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.
Hello, and thanks for visiting! I´ll get straight to the point. Both the RSI and StochRSI shows good values. I´ve drawn a Support Line, which is the lowest it can go if this the fourth Elliott Wave. This happens to be right below the golden pocket (0.618 Fibonacci Level). My Bullish Prediction: If the support holds, we could get as high as last top or even...
How do you know when to buy? When everyone else is selling! Especially when there are several key signs that may indicate a reversal. First, there is RSI divergence. Even though the price is still dropping, the RSI is starting to uptick, meaning the price Bitcoin is actually starting gain some strength. In addition, a falling wedge is embedded within a falling...
beautiful pattern, also at .618 of swing point
From what im seeing EOS has hit the prime bouncing area on the Fib Retracement Graph @ 0.618 Support on hand to keep EOS above $11.60 However, we know BTC holds the reigns and it has not reached the 0.618 level which it could potentially hit at around the $8000 mark. If BTC hits $8000 i think that EOS will follow suite and head towards the $11.60 area. If BTC...
2618 Setup - double floor - measure impulse - retracement at 0.618 - TP at -0.27 and -0.618 Double Flooe + 0.618 = 2618 There's a perfect support and retest for that double floor that gave us this bullish impulse towards -0.618, at this point a major retracement is needed for further bullish movement, ABCs gave us that by consolidating and reaching 0.786 for...
$ES $SPY $QQQ WEEKLY Fibonacci 61.80% Huge Resistance Coming. That with really bad volume. We'll know this week breakout or breakdown I'm leaning towards the latter if we truly are in a correction Some analyst think the 3 month correction is over. . Also bearish divergence on the money flow index (not shown)
I think that usdjpy will test the 618fibonacciretracement and will go straight to sell. We can short at: 109.50 Tp1. 108.66 Tp2. 107.85 Stop loss 109.70
Keeping it stupid simple. BTC/USD is on an uptrend, higher highs, higher lows / 50ma above 150ma above 200ma. Oversold on RSI. Bounce from previous resistance + 0.618 fib level Might pass the 10.000 level to 10250!
Recently the SPX500 is just a great trading vehicle by harmonic patterns, supply & demand, and inside bars. It started with a huge daily XYAB, bounced of 2 entries of it , forming tiny XYAB and 2618, and numerous inside bars trading opportunities.. Yesterday it dropped from the 2660 supply zone Here we got another chance to trade take the long with a 0.618 and...
We just broke above, and will wait for a pullback into the 0.618, and a confirmation to go long. We also got a nice H&S, inverted formation on the Daily. Rsi: Middle.
Its good to short on GbpAud at: 1.6030 Tp1. 1.5780 Tp2. 1.5530 Stop loss above 1.6100
So we had our big breakout move from the head and shoulders pattern and now we are retesting the neckline and trend line at the 61.8 retracement. there is still a lot of potential to the down side with this one and it has just hit my entry.
Last time in the late January, when BTCUSD finished weekly 21ema correction, which made the inside week so important. And now, the inside week here simply is the 0.618 retracement since bitcoin started trading. If it breaks to the upside, the 0.618 retracement support is strong, not a bad idea to take some long positions; if it breaks to the downside, the...
Bearish Gartley just came out at 15min chart. It's a gartley inside a 1d gartley (check my previous published idea) so it's a big selling preassure. Feel free to leave Your comment below, i'll appreciate it. Best regards.
USOIL hit daily 0.618 and bounced 200 pips after that to form a demand zone. Also there is a new small bullish bat pattern at the same spot, all of which implied similar entry @ 62.30-62.40 So I'll be waiting for reversal sign there as confirmation entry and maybe put some buy limit there first! Let's see how it goes!