Quick look at EGR which is looking at a nice end to 2020. After a run-up in September following positive news, EGR dropped off and failed to break through the 0.382 fib resistance. Support has been found at $0.14 (Support 1), confirmed by WVF which strongly indicates market bottoms at this level. Trading has since pushed away from Support 1 and the...
Here we see our Eth tether chart on Binance . ETH is having some great upside and as you can see we have hit the 1.618 fib extension of our 2018 low . ETH seems to be following that pitchfork nicely . Reaching up to that mid-pitchfork line could absolutely take us back to All Time High zone for ETH . Can you see the purple star on my chart ? That's where we could...
EXPECTED TRADE DURATION : 2W-4W TIMEFRAME ANALYSIS : (1M) --> 1W --> 1D --> 8H TRADE EXECUTION : 2H IN-TRADE MANAGEMENT : 1D Note: Scale-in on momentum set-ups and sell half of incremental trades on price expansions.
This chart may look a little noisy, but i assure you everything is of relevance. I'm really liking this setup. We have a potential double bottom formed (Highlighted black circle)... This has formed right on the targets of the previous rising wedge (1618 ext targets) The double bottom has divergence across both of the legs, and the neckline (123.4) has been...
Contract - CME_MINI:NQZ2020 - High - 11719.50 - Low - 11693.50 Current Stats - Gap: N/A - Session Open ATR: 284.29 - Volume: 39k - Trend Grade: Neutral Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making...
Techm is at all time high resistance which was tried thrice , Seems this time it will break 845 resistance as got a huge volume and pennant breakout. Targets on chart...
Contract - CME_MINI:NQZ2020 - High - 11254.50 - Low - 11208.50 Current Stats - Gap: +0.12% - Session Open ATR: 306.45 - Volume: 42k - Long-term (Daily) Trend: Bullish Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully...
From the lowest candle close from March to the highest candle close in August, SILVER has just touched the .382 Fib Retracement level. (Yes I know I do it backwards) The previous Fib extensions from the highest wick before the crash to the lowest wick after the crash seem to have held a support and resistance throughout the impulse up, so far. Will be...
After an inside week, $EA looks to be consolidating for an upward move. Resistance above shown at 147.36 and Fib extension level above at 151.66. I would like to see a close over $143.55 for entry, that level has not been able to hold on the daily.
If the bull market prophecy comes true soon like every other post halvening rally, OMG should start a mission to the heavens later this year. Whichever direction the trend goes to around the pivot point is the macro trend untill the next pivot which could be a continuation or a reversal. I would bet the next pivot will be a massive rally upwards.
I tryed to get the logic of it a bit and now placing it here to see it in the future how it reacts, see you in a few years, lol
hi Fibonacci retracment a very tight CPR TC on Top a tight Camarila and tight CPR shows an upcoming volatility and DXY is a bit Bullish today so we can go long on this we can see some flat Divergence in the MACD there would be a touch on S3 camarila but a big retracemen after touch on 0.618 of Fib retracment level please check the SL and TP follow a proper money...
MACD Divergence Fibonachi Retracments on 0.5 MACD Cross Over DXY Bullish Camarila Pivot is Tighter than yesterday
My Bias is still the same with USDCAD, i still believe we will see a retracement back up towards the %50 Fib before it makes a lower low towards the Fib extension levels.
If history repeats, then I am expecting an exponential rise over the next 12 months to 50K by June 2021. This is for informational purposes only and does not constitute as investment advice. Trade at your own risk. If you like my idea, then please like and follow for future updates
After a very bearish week for GBPAUD i still believe there is a lot more downside to this pair as it is yet to complete the ABCD formation and touch the Fibonacci extension levels of -27.20% % -61.80%. Wait for a clear break and retest before entering any short positions!