After trend confirmation and 100pips done on this pair, price retraced and got rejected at 0.382 fib ! This lvl is matching with a re-test of our short-term trendline! I'm in for a Buy, small SL and lets go! Any opinions? Leave a comment !
Hi All, Just an observation. If you pay close attention to the recent patterns, they are all some sort of ascending triangle patterns. > They are in an upward wedge pattern and also in a channel. > I have macro upward bound wedge divided into 2 channels, if it breaks the upper channel then it will likely be supported here, on the bottom trend line, like the...
Can it break the big downward channel it follows since the bull run in June 2019? Technical (bullish) signs: -> Price is about tries to break through the since June 2019 respected resistance of the channel -> Bearishness of MACD is stalling (on 3D even gets bullish slowly) -> Fib 0.236 holds support since November -> The TI Indicator (Tone Vays Version of TD...
Sunrun Inc. caught my attention after being listed as a possible top stock choice for 2020. Solar energy still has some ways to go in terms of cost, efficiency and maintenance IMO. This company however, is growing so fast it can't support the expansion of new employees being trained to meet the market demand. Seems like this trade could work out long term (I'm...
Welcome back traders, This could be an opportunity for the breakout traders if Bitcoin is to break the 8.2k level - Consider the following fundamentals as more reasons for smart money to be joining for the long run: 1.BTC is recently confirmed 0 beta asset 2.CME futures 3.Hashrate continue to increase (currently at ATH) 4.Inactive addresses parabolic...
There is a bearish Bat Pattern setting up on AUDNZD. We also have an AB=CD completion at the same level as well as some additional Fib confluence.
Publishing this chart to see the relevance of these fib's, and custom fib's. Red and Green boxes are just the current CME gaps that exist. We're at a critical point for Bitcoin. Many bearish and bullish possibilities from here. Does feel like Wyckoff, so I have a hunch we're going up. But, will react either way. I have a short still open from $8440 $XBT.
We have a possible short setup as price has broken the uptrend line. If we See price reject at the 61%fib this would be my stop and tp.
In total market cap excluding bitcoin it means the market cap of altcoins as in bitcoin we have reached a time and price fib leve. these days i pay strong attention to time relationships rather than price but we are actually in 85.4 Fib level and 100% in time. pay attention to this level a reversal may happen soon on alts.
Long green box; short red box; yellow lines are targets if either box is hit. If you have any suggestions on how this chart could be improved send me a pm. If you have any questions regarding the chart, please leave a comment. I am not a financial adviser, please trade at your own risk.
Hello Traders, Here's my LONG analysis for USDCAD! Trade Safe, wait for the level to buy!
The Pitchfork and Fib Circles are made by the lord of the rings - @snookerer which Idea is below in the related ideas section. On top of this, I'm using CryptoVN_Trend as the main oscillator and it gives green dots as buy signals which I've aligned with the green arrows to show on which candle the buy signal was fired. What you can see is that the previous time...
No description needed just me posting for my own record and commentary to watch and see how it plays out. Orchid (OXT)
BTC is falling apart, and I expect a pretty big dump after this level. I don't see 7k holding much longer.
Continuing on with the MACRO observations, I revisited my previous Fractural and did some fib. measurements, to find confluences, with the following assumptions. a) Last part of the 1st factural where it bounced 40% to hit 10.4K, the $400 to be ignored due to the exceptional circumstances of the pump, hitting the 0.618 to 0.65 fib extension level. b) Applying the...
Firstly I would like to point out that I am on a 1H chart, yes I understand that the 1H holds less significance than the 1D and 1W but stay with me, because short term charts bleed into long term charts soon after. I must point out that the 21 exponential (cyan) is now acting like resistance to our candles, when this has occurred in the past the candles have...
Hey traders, On the lower timeframes gold has formed a channel and i think this channel will break down immediately after testing the top blue line once more. Then the target for the colossal drop is the 0.618 of the most recent large move. 10 RR