Fibonacci

Let's look at the daily chart of Bitcoin and draw Fib Retracement grid. Now we can see that the market reached a strong support zone formed by 3500.00 support level, 0.5 Fib level and the uptrend line. This is the key zone. If the market can't breaks it, we should expect for a new upward movement. We must watch closely for price action in this zone. We must be ...

Despite all the news that came out on BTCUSD ; the overall Trend is still looking Bullish. The Trendlines starting the end of May + Fibonacci + VWAP is pointing towards strength, but there are still a few minor Road Bumps before we go higher on the lower time frame. I will be posting up lower TF charts.

Continuation H&S? I will go find a bear...for now.

RSI is increasing, volume is in good condition, MACD is rising too. It looks like after last week's pump correction there is another one coming.

By the closed price in Friday, I saw a candlestick pattern that called a Piercing Line. This is one of the basic candlestick pattern that shows us a sign for reversal movement, from the deep correction suddenly this pattern was form and could be a sign for the end of the 4th wave from Elliot Wave. From my perspective, I saw the 61% area from Fibonacci as the ...

Looking at this chart, we see a rising wedge formation. The general uptrend remains unbroken, however recently, the RSI is showing a bearish divergence. Basically as the price goes higher, the volume behind that price is slowing down. These are both signs of an upcoming reversal. Knowing that this stock is heavily invested in Tech, I would expect this to ...

Hello, this is my view about BTCUSD move in several hours couple days maximum we talk about moving down more than 200$, we will put our eyes on 3440-3480 zone it's 0.5 Fibonacci retracement , i used 2 Fibonacci for confirmation , also MACD tell us it's still bearish and price have poor chance to go up ------------------------ Old Traders have 100% rights to ...

Hmmmm, I get it, long EUR because of current account differentials, QE taper, balance sheet normalisation, US political uncertainty, French elections over, everything rosy in Europe. But often, the obvious is obviously wrong. If EUR respects 1.20-1.21 as overhead resistance, then we could be looking at just a 50% retracement of the huge down leg. Suggesting EUR ...

i see a big gap between $1800 and $1700 which was not retested since the start of the bullrun. I have followed each peaks of current run showing where the 628 level was hit I see this as the target retracement area if we breakout of the current range we are sitting in then break the massive support around $2800 If we break above current range then make all time ...

Fib Channel suggests we can't go lower than 3500.

Looking for a nice and clear break of highlighted areas for opportunities. Rectangle can be traded as well. Shorts @ Resist and Longs @ Support can also provide excellent trading opportunities with awesome R2R. Looking at the Daily chart and up the longs are looking good for swings. Fib Cluster? Green Daily Fib & Gold H4 Fib Feedback? Let me know! Chart Art!

UJ had breakout several of its resistance and now, I'm looking for a short term SHORT for UJ as part of Wave 4 which may close the gap that we have in 18 Sept 2017 at 110.730 to 111 area. Once the price is in 110.730 to 111 area, I will find a LONG oppurtunity to complete the wave 5 of this current trend.

USDCAD - long bearish daily candle had breakout by series of bullish candle. I believe that UCAD will be trending higher to 1.249 area with the two High Impact for USD.

Dear community, this is my very first piece I want to share with you and I am quite excited about this one as it could turn out to be quite a winner. Feedback is always welcome! On the business-side of things; I have been watching this pair (AUDUSD) now for quite some time, waiting for a good chance to buy. The basis of this is very simple, following the ...

BTC may fail to make a HH and head lower to the 0.382 of the entire move & the 127% of the first corrective wave to meet support and the weekly TL. If we fail to reach here then I will reload once we make a HH on the daily.

ETH has been in consolidation for many days. Support has held from the 0.382 of the overall move. I have set a target at the 161.8 % to take profit. The MAC D on the daily gives me a sign that we are heading up for a few months.

On the daily chart, MACD and price have diverged nicely. On the weekly, stochastic is showing oversold. We are also at the .618 fib level from 52 week high. I'm going to call bottom between 52 and 54 before we start recovering. Also 35% retracement looks similar to February of last year. OIG subpoena is only related to one customer and will have a small effect. ...

NEO in my opinion is undervalued currently. Price terminated at the 127% of the move (fall) and then consolidated before making a change of trend (higher highs and higher lows on the 4hr. Looking for at least 50% retracement of the overall move. I wil wait for price to break out of the upper TL then wait for a retest of this area on a lower time frame then ...