extension

This is not a trade idea, just analysis as it is counter-trend and therefore higher risk. Now that Bitcoin has hit a 127% Fib Extension, it is probable to see profit taking. With this in mind, we could see price push up to the 38.2% Fib line. Should this occur, it might start to develop a potential inverse head and shoulders pattern which would complete near the ...

Hi, checking back into Bitcoin. This is what I see. Clear resistance @6850 and @6900 and then @7000$ Depening on the volume assosiated with the bullbreak it can go up to @7200-7250. If everything goes well the next major resistance is 7800$ Have a great (trading) day. - Arc

Looking at USOIL, if we put in a lower low, lower close blow our current level, we may be in store for an equal measured move down to our next level of previous structure support. Akil

Waiting for deep pullback around 0.7650's levels which we have a confluence of fibonacci 1.414 extension,0.618 retracement,AB=CD pattern and major structure on the higher time-frame.If price does eventually get to those structure levels then the last thing to look out for is a double-top and a lower-low lower-close with a bearish divergence for an entry in this ...

Ticker: COINBASE:LTCUSD Timeframe: 3h/1Y Just a quick Elliot wave and fib analysis. Grey area is my buy and pray point. Short Term: Bear Mid Term: Bull Long Term: Uber Bull

1: Uptrend since 2018-03-26 2: Currently at a good resistance point in daily(110.221) 3: Currently in a 61.8% fibb retracement 4: Creating a new high since 2018-05-01 5: Wait for a retracement on the level 109.877 wich is also the previous high, a good support zone and an extension fibb 1.618 6: Risk ratio of 3.22

We have completed the first two waves wave 2 is 0.618 fibonacci retracement of wave 1 as expected. Our Target for wave 1 is 1,6-1,75 Fibonacci Extension of Wave 1. Place your stop Loss carefully. If this plays out as expected you can lock in 20% profits.

Maybe... :) I have literally spent hours to make this chart and to figure out Bitcoin. I've spent hours to count the Elliott Waves down to the smallest sub-waves. I've spent hours talking with experts, who have more experience with Elliott Wave-theory than me. And none of us can make it work 100 % - It's one of the few times that has happened. But It kinda make ...

ABC Pattern completion up along 127 Fib extension and 786 macro swing, is moving along significant trend line and has retraced to a 618 level T1 at recent high T2 at ABC completion Japanese Weakness among other JPY pairs NZD strength among other NZD pairs

_____________________________ Idea: We have HEAVY bullish divergence on the RSI and a good target for the 1.618 to be the end of wave 3 _____________________________ Warning: we did hit the 1:1 extension of 1 and immediately corrected from there, I am assuming that this was only a subwave of 3 rather than the entire wave but i could be wrong on this point ...

Everything is explained in the chart!

This is my first full Elliott Wave prediction using fibonacci extension and retracement. Im going to keep this up here and see what happens in the future in regards to the prices. We will see how close/far off i am from these predictions. Price predictions: W3 (0.0174-0.0182) W4 (0.0149-0.0159) W5 (0.0200-0.0208) Correction (0.0136-0.0144)

I am not interested in selling EA again yet. Called the sell at the top, and the buy from the bottom BTW, just not in here. I expect some further correction up. I removed all my trend fibs and simplified for clearer chart. I see more downside but expect another leg up before any bearish continuation. I feel like the current pennant that it is in on 1 hr is ...

As of now, oversold on weekly and daily. Has a large zone it can extend into, but as of right now is looking like a classic modern day 7 swing pattern, which if completed, would bring it right to the .618 retrace of major low to major high... If you see this playing out, which looks like it will trade accordingly. These are the types of "supply and demand" trades ...

so much confluence I can't even read the numbers.

Or will it breakout trend, and find support from the Fibonacci retracement. I like the idea of an new ATH around februari!

COPPER has had a sweet run higher after returning to the 2.94 support level. Currently we are trading at the 3.30 level and I see this as another potential sell off so here's the analysis so you're all prepared to capitalize on another opportunity. Ideal Scenario: We post a higher day Monday and just scream on higher to 3.45. Sick! Medium Risk Scenario: We ...

SL < 16.000 TP1 = 21.000 = Fib ext. 1,272 TP2 = 22.400 = Fib ext. 1,618 R/R = 2,1+ Uncertainty: Middle Time horizon: Within 2-3 weeks the potential pattern should have evolved