just confirmed above the resistance zone looking to see a reversal and hold at 38.2 then gain higher
Im buying into the strong support showed by 0.618 fib together with 1.285 round number. For target prognosis Im also using fib - same level, 0.618 which coincides with another round number, 1.31.
The grand bearish wave FX:NZDJPY is forming on DAILY/WEEKLY time frame. Fibo fan is indicating the possible future location of point V . Being a long-term project, it'll take significant time to reach its goals, but if reached, they're definitely worth* it :-) This idea was largely inspired by beauty and simplicity of Tradewonk's analysis: Good luck and...
Short after price break the wedge and retest the structure.
NZDJPY Wave 4 Short @ 82.700 Target for wave 4 is on fibo 38.2 % level @ 80.284 Wave 5 Sit, relax and wait till signal formed to start the wave 5 engine, wave 5 long target will be 84.890
D1 - We have a good up trend line and is already very close to it. We can look for buys as long as 1214 zone holds. H4 - Triple cycle would end at 1220 zone which is also a magnet zone and a very strong supportive area of the D1 swing low. 1234 is the Fibonacci expansion 61.8% along with the daily trend line. Price already bounced from it, providing a good...
SL@1.1207 TP@1.1100 ZONA BREAK EVEN EN ROSA
I'm long 500 units VSTM given the completion of the wave cycle + concurrent daily close above .38 fibo AND minor support from the initial trend reversal line established back in March. Be careful though, fundamentals are fairly weak with this small cap company failing to produce a profit. Stop loss set tight at around 1.8. 5 year target at $15+. Short term, I...
Hello, traders! NIKKEI 225 formed a bearish wolfewave and made a good move below the line 2-4 being supported by medium volume. Opened sell position, but as the price bounced from fibo fan 61.8, it may retrace to line 2-4 later. If so and supported by divergence/volume, this can become an opportunity for more shorts. GL All!
My previous two plots on ETHUSD were very accurate, please check: In my perception ETHUSD is overbought alike BTCUSD. Price has to go down for both of these cryptocurrencies. Please have a look at the oscillator they still have some space to go down.
looking for a short here .. Price hit daily resistance and is forming a top pattern ...we also have a very nice fib sequence with retracment to 61% and expansion to 161 % ... all i wanna see is a break of the support to get in short .
In short term price of CAD will move down however, in long term will re-bounce to touch EMA.
USD/JPY POSSIBILTY whait for the confirmation before the short or the long FIBO HARMONY!!
whait for all the confirmation candlestick bollingers rsi fibo harmony
Important price level, with double top reached. Divergence on RSI and tp lvl on Fib lvl
USD moved down as I have predicted in my previous plot - see below. Now is time to move up and touch EMA (2h plot) - this week and beginning of next one After that we will see more downward move - since next week. Tunnel is still active however, slightly changed as wasn't accurately drawn first time. My previous plot on USDJPY: