First off, I Apologize for the cluttered chart. If I find a better way to represent the data I will do so in the future. Also, there is a lot of info on this char so you may have to zoom in and move around to soak it all in. It is looking like XAUUSD has a sequential cup and handle patterns happening. It also looks to be continuing this pattern in a Matryoshka...
AB 1.618 Extension and AB=CD Strong left structure Observe the bullish price action when it retrace 42.48. There is chance to LONG USOIL at this support level. Stop loss is below 40.90, maybe 40.70. Target point is 51.00 ------------------------------------------------------------------------------------------------------------------- You can also SHORT USOIL...
Hello Traders, Here I have utilized the the Wolfe Wave, Geo's Off-Set Rule, and Fib clusters. Wolfe Wave - Within the Wolfe's 1-2 and 2-3 points you must look out for an ab=cd pattern which we clearly have stated here. Points 3-4 and 4-5 are less likely to have such patterns. In fact, as a WW trader, you want the 4-5 path to be carved out as smoothly as...
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Please OBSERVE the price action when the price touches the trend line. You can short it now if you are agressive but it's not the best choice to me. There is also an intersection point of 1.618 resistance and the trend line. (Apr 21th to Apr 22th) So WAIT. see the bearish price action on 1.1510.
Nice possible bounce at trend line. It goes left of the graph so pan to see that. My indicators agree with the fibs, I know they may be confusing lol. Buying in at 0.79213 and stop at 0.79100 with a pt of 0.8100
Here I've drawn up the fib retracement. Swing Low to the Swing High. Retracements are normally more responsive for a stong reversal at .618 Go Long. Strop Loss would be at the nearest structure which is at . 154.466 I placed my TP at 155.155 because the resistance right their is very strong look to the left and you will see structure.
Hi there, We have a very clean 2618 setup formed on the Kiwi. Price is currently 20 pips away from the trade entry point, 0.69150. I trade 2618 setups on the H1 timeframe aggressively and have already placed a pending sell limit at this level. Remember, only trade what is in your plan, and if you don't have one, please do yourself a favour and get one before...
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Potential bearish 2.618 set up , which will be good entry for long term position as what i was expecting in previous published idea for the gold.
structure abcd fib retrecemnt 61.8 fib extension 1.414 fib inversion 1.618 ********* wait for ********* RSI oversold double bottom
ABCD move + double top with RSI diversion usdjpy
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Potential revers at 1.127 due to the followings :- 1- Valid butterfly pattern. 2-valid structure level 3-0.764 fibs retarcement for AB leg. 4-1.414 fibs extension for BC leg. 5-RSI overbought
Hey Traders, Looking Left we can see price broke those levels of support in order 1 (Most recent) to 4(Oldest) Signaling a shift in Trend. So what we can assume is that price will come back to previous support and which is now resistance and continue in new trend. We can long the Complex pull back up to resistance to Stop and Reverse to a Trend Continuation...
There is a potential long opportunity on the 60 min time frame. There is a .618 retracement and 1.272 extension lining up in a nice demand zone. Price is holding around .7134 at the .50 fib level. I'm looking for price to have a False breakout to the down side right into the that .618 level. I'm looking for price to reject the drop-base-rally area at .7114-.7120....