Fib
GOLD new lows?SAXO:XAUUSD
English: Hey traders, at the moment, I'm eyeing a move back to the main level of 1900 in gold. In the 4-hour view, gold has reached new lows and is forming a small downtrend. I recommend using the Fibonacci tool to analyze the gold chart. If we apply the tool in the 4-hour view, we can see it has come directly to the 61.80% level and has been slightly rejected there. If the 4-hour gold candle closes around 1928, we may also see a bearish candle formation, further strengthening our confidence.
Deutsch: Im Moment suche ich eine Rückbewegung zum Hauptniveau von 1900 bei Gold. Im 4-Stunden-Chart sehen wir, dass Gold neue Tiefststände erreicht hat und einen kleinen Abwärtstrend bildet. Daher empfehle ich die Verwendung des Fibonacci-Tools, um den Gold-Chart zu analysieren. Wenn wir das Tool im 4-Stunden-Chart anwenden, sehen wir, dass es direkt auf das 61,80% Niveau gekommen ist und dort leicht abgelehnt wurde. Wenn die 4-Stunden-Goldkerze um 1928 geschlossen wird, können wir auch eine bärische Kerzenformation sehen, was uns weiteres Vertrauen gibt.
Dollar reversal or retracement?TVC:DXY
English: Hey Traders, I'm currently looking at the 4-hour chart of DXY. Due to the negative news on 01/31/23, we saw a retreat from new highs to the main level of 102.000. I think this could be the start of a new uptrend for the dollar. For tomorrow, I see a bounce at the 4-hour fib. to possibly 102.900 at best. But for this, the dollar news must also be positive. Otherwise, we could return to the lows of 101.600, I think. However, there's important news tomorrow. So be cautious! These news can change direction rapidly!
German: Aktuell schaue ich mir den 4-Stunden-Chart des DXY an. Aufgrund der schlechten Nachrichten vom 31.01.23 sahen wir einen Rückgang von den neuen Höchstständen auf das Hauptniveau von 102.000. Ich denke, dass dies der Beginn eines neuen Aufwärtstrends für den Dollar sein könnte. Für morgen sehe ich einen Anstieg am 4-Stunden-Fib. auf vielleicht 102.900 im besten Fall. Aber dafür müssen auch die Dollar-Nachrichten gut sein. Andernfalls können wir zurück zu den Tiefstständen von 101.600 zurückkehren, denke ich.
NQ CME_MINI:NQ1!
day trade/scalp
after bouncing from the previous circled low, at 11600
it is forming a downward channel
needs to break out of that in due time to see upside
ERs might give the push
R2 11910
R1 11850
and
S1 11720
S2 11680 (the previous base before it had a flag breakout)
will look to short above resistance lvls
P2P | DXY - Lets Finish This...Alright guys and gals so I wanted to post this chart to detail the movement of the dollar index.
For some time we've been bearish and following the downward Fib levels. I can see price making equal lows which tells me price could be attempting to turn around or just building up more buy orders to sell off!
The small white trend lines you see are Turtle Soups, meaning price made a short high, and then that high was eventually taken out and continued lower.
So my final level on my Fib is my POI, where I believe price will reach and immediately turn around. It's all about levels, price action, and time sequences.
But as always everyone happy trading, trade well, and lets run it up from 2023 til infinity!
You can continue to grow the page by liking and following the channel, and if you get any value from this to boost it too!
DISCLAIMER
***This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held responsible.***
selby_exchange - BTCUSD - 1hr - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test for BTCUSD Bitcoin
BTCUSD - Inverse Perpetual Futures Price - 1Hour - PHEMEX - Heikin Ashi
January 2023
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 0.666 and 1.333 is Long Entry
Rejection of 1.111 and 1.931 is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
23/01/23 Weekly outlookLast weeks high: $23381
Last weeks low: $21882.5
Midpoint: $20384
BTC continues in a strong bullish trend after concluding another week of upward movement.
Last week I stated that the 0.75 (~20.4k) line was a key area to look out for as if it were to be lost and confirmed as resistance, BTC would start to look bearish. However, this area was tagged (and a strong reaction off it enabled a strong rally thereafter.
Bitcoins pattern of strong rally's followed by a consolidation period of sideways movement has happened 4 times now this calendar year already, who knows if this pattern will continue.
My prediction would be to fill the FVG down towards 21.7k before any further continuation long