GENERAL ELECTRIC COMPANY, CREATIVE MEDICAL TECHNOLOGY HOLDINGS, INC., BANK OF AMERICA CORP, SPDR SELECT SECTOR FUND - FINANCIAL, SPDR S&P 500, NEOVASC INC
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
As you can see in the chart there are potential trading setups in this pair. If you are not familiar with the fibonacci inversion trading setup I will update later this Idea with an educational post. As far market is trading below a significant level. Although technical analysis maybe justify a short position from that level. This is not part of my trading plan. I ...
Here are my Thoughts for the coming weeks. Lots of good Fibonacci confluence, to many levels lining up to be ignored imo. So to start we have some basic patterns forming Bullish Flag, we have had out impulse leg up and come back to the 382 retracement which lines up with previous structure resistance which could turn support. The flag could do a, a,b,c,d ...
Firstly Looking at the Weekly and Daily Charts we have come into an Area of resistance. We have started to see a bit of a bearish move on the Daily, looking on the 4 hr we have a few levels lining up. We have had a 618 retracement, looking at the Fib Extension of the first impulse leg down and the Fib Inversion of the pull back. The 1.27 and 1.414 levels all ...
We have a potential Fibonacci inversion setup on UsdCad which will complete @ 1.29518. This setup is a fib ext. ran from the B point up to the A point. You are then looking to sell the 1.618 level. Target 1 is the .618 Fibonacci retracement with target 2 being a 1.272 fib extension of the entire move. This is a great setup for trending markets that put in a ...
Hi there, Recently found this great trading opportunity in USD/CAD 1H, where Market is retracing after a good uptrend. The idea is, that we're looking for a market over extension at a 1.618 Fib. Inversion, in expectation that we're gonna see a move back into trend after price reach that level. Which happen to be at the same area with an ABCD pattern completion ...
On the yen we have a CTS type trade setting up wic can suit both aggressive as well as conservative traders. CTS Score Structure confirmed by the daily time frame in green. (2 points) AB=CD harmonic move Fib Ext 1.618, lining up with the AB=CD also linked with structure (3 points) Fib inversion 1.618 lining up with structure (2 Points) Entry Aggressive- limit ...
This is something new that I am trying. Each day I will try to find an excellent risk reward opportunity trade and put it out for everyone. This is definitely one of those potential trades. NZD/JPY has a fib inversion trade setting up with a phenomenal risk reward. You got 3:1 on target #1 and 4:1 on target #2. Entries at 76.69's with stops above the structure on ...
USDJPY is still holding its current downtrend on the 60min chart. Until this trend reverses I will continue to sell all rallies. Currently we have a Gartley, ABCD Pattern, and Fib Inversion all lining up in that "Sell Zone" (Purple box). This gives us a CTS score of 8. If the RSI goes Overbought and/or we get Divergence on it, then we could have a score of 9 or ...
GBPUSD has been in a heavy downtrend. I'm looking to sell ALL rallies until this trend is broken. As price pushes up into my sell zone I will be looking for Advanced Patterns, Harmonics, etc to help find a good entry. Stops - 1 ATR Above last Swing High Target #1 - Retest of Lows Target #2 - 1.27 Fib Ext of last leg down