Steinhoff is in the process of forming a Cup and Handle formation, I expect a setback to the 23 retracement line and then an increase to up to 0.1564 € Steinhoff ist dabei eine Cup and Handle formation zu bilden, ich rechne mit einem rücksetzer auf die 23 retracement linie und dann mit einem anstieg auf bis zu 0.1564€
L=R dual bottom If not DB , the measurements of this pattern would give us the gartley pattern. A golden cross occurred on the chart. I am specified the support and levels
this is a short sell move o n eurgbp pair as bearish order flow continuation
see updates from previous ideas. looking at pretty tight fibs moving forward. let's see what happens..
As you can see, the short term Elliott Waves build into the larger Elliott Waves. Using this method I predict that TRCH is still bullish and will extend into the range of $8.11-9.24 . Now I have considered the fact that this could just be a double top or h&s. However, my intuition tells me that with Institutions (15%) and Insiders (20%) owning a combined total...
My setup is currently in an ABC correction which ends in an third elliot wave. Looking for higher highs to go long and catch the long ride. 🌊
prevailing scenario wave (ii) maybe over in abc subminuette correction monitor prices evolution in a motive mode wave iii over 1.2151 (fib 1.618 wave i ext - losing momentum) wave iv unfolding (expeted sideways - test 1.2114 area) ALT: continuation of wave (ii) subminuette correction abc if motive i-v fails critical price area previus daily close 1.2145 PP...
Near July is what the Fib Time is projecting for a change in price movement/direction. Until then, one can see the 5 price range is becoming retested. If the price can stay above 5 support, and reach the Fib time extension, one could see a nice upward change in trend.
Another idea why the $SPY has had an incredible run. A simple and effective analysis - K.I.S.S! 200 SMA DIFF = - The spy has historically respected the daily 200 MA. In four different sequences, we see 3 times where there is 1 return to the daily 200 MA over an extended period of time: 1. 463 Days : DIFF - 37.98% 3. 272 Days : DIFF - 23.92% 4. *+303...
Bitcoin has smashed the Resistance area again, as market repeats itself I can see bitcoin Chasing the 1.618 Fib Extension area around $77k BTC needs to Break that Trendline on the way down to become on a downtrend move. Bitcoin is also Supply and Demand currency and i could potentially dont come back to the lower area for years to come. thank you
as we ca see the price has already touched the 161.8% Fibonacci projection and it is called as extension zone and it can be interpreted as a good long confirmation please comment your opinions
We are training at the 50% and structural resistance of the Monthly time frame. If and only if we treat this as resistance we will see a push towards our ultimate target which is a long entry. However, we could see a break and continuation towards the 61% fib + structure as the structure is more significant. RR Short Term - 1:2.3 RR Long Term - 1:4.1
Regis Resources Limited (RRL) - LONG Regis Resources, together with its subsidiaries, engage in the exploration, evaluation, and development of gold projects in Australia. The company owns 100% interests in the Duketon project located in the North Eastern Goldfields of Western Australia; and the McPhillamys project situated in the Central Western region of New...
If we consider some potential coins against BTC or ETH we may predict future of market.
Confluence of some signals as indicated in the chart + bullish MACD, confirmation of a big inverse H&S formed since October... We are in a period of market uncertainty but their earnings date in February could act as a strong catalyst for the stock. Not a financial advice! Please like, comment and subscribe if you want to create a bigger community with better ideas.
Based on our updated wave count we appear to be in wave 5 up of an ascending impulse at the minor degree. Although we have daily buy signals that align with our daily bullish momentum, we have not entered a trade because our weekly momentum is still bearish. We hope to enter the trade soon when all 3 are in alignment. A riskier trade setup would be to start...
Enough momentum to achieve $261.5 before the February earnings release, where we can see a confluence of the fibonacci extension 1.618 and the top of the parallel channel drawn. Manage properly your risk! Not a fiancial advice.
Ethereum has finally broken through this significant Fibonacci Level on the Weekly chart I think we should blow through resistance up the the 2.7k range (2nd Fib Extension) before we see real pullback. Maybe even higher. ETH has been very conservative over the last couple weeks despite the rest of the market beginning to take off. I think this was great and...