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Fibonacci

WTICOUSD re-accumulation example 15 min with POS RSI DIVCloser look at the anatomy of that recent mark-up. Confluence of factors: Uptrend strength in the background/evidence of accumulation RSI oversold RSI positive Divergence on volume into a key supporrt You can see the demand to the left. SM stopped buying, allowing price to drift/shaking out remaining weak hands. Spring below support on slight iincrease in volume "no-supply" signal near spring "push-through" entry seen at resistance . PM with questions.
OANDA:WTICOUSDEducation
by dee718
GOLD (XAUUSD) Structure Analysis & Thoughts gold is just unstoppable. the price is growing like crazy this week. if you missed this movement and plan to jump in, it is too late and very risky atm. the price is relatively close to our next potential reversal area 1823 - 1833. this area is based on a resistance line of a rising channel and fib.extension confluence of the last two major daily impulses. attention! I don't say that we should just blindly short from that area. always look for a confirmation on a lower time frame to trade against the trend. moreover, if you want to catch a bull rally, a pullback from the above-mentioned area may let you buy on a discount from the support of the channel. apply these structure levels based on your strategy and good luck!
FX:XAUUSDEducation
by VasilyTrader
16
Binance Hot list coin July, 8th 2020 : BATUSDT #2Looking at the price, you can see that the price bounced right after it touched the golden pocket zone which is having an alignment with the 200 Moving Average on the 4 hours chart. The price potentially is forming a sign of inverse head and shoulder which usually is very bullish as a reversal pattern from correction. If the price can breaks out of the white resistance trend line as the neckline, there will be a huge spike to the upside in near future.
Education
by junosats
1
Binance Hot list coin July, 8th 2020 : XRPUSDT #1A simple deduction of current price action and the chart pattern of ripple. With the structure of bullish falling wedge pattern, there is a possibility of the price to moves up higher and challenge each fib levels especially the golden pocket as a strong resistance. The fact that there is a bullish divergence on RSI and MACD making this structure is very interesting. The key movement is to breaks out of the white resistance trend line and the upper line of this falling wedge.
Education
by junosats
Pulse of an Asset via Fibonacci: SPX at minor Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. Part of my ongoing series to collect examples of my Methodology : (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place <= Current Example Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
FOREXCOM:SPX500Education
by EuroMotif
Binance Hot list coin July, 6th 2020 : XTZUSDT #3The price is trending slightly above the white region support. This white region support however is a strong support zone which has confluence with the 200 MA on the daily chart. Another confluence reasons to enter this trade in the upcoming session is that there is a regular bullish divergence if we compare it with the RSI. A lower low price action with the higher low RSI on the oversold region. My entry point will be when the price breaks out of the white resistance trend line on lower degree and targeting the golden pocket zone which is in alignment with the upper line of the channel.
Education
by junosats
Binance Hot list coin July, 6th 2020 : KNCUSDT #2On the 2 hours chart, the price is trending slightly above the 55 EMA which acts as a strong dynamic support (yellow). Beside that the price is now forming a strong bullish falling wedges. This is however could be the action to complete ABC zig zag correction structure. I will only catch the B wave which align with the golden pocket zone as well before shorting the C wave. Just like usual, open long position when the price breaks out of the upper line of the falling wedges.
Education
by junosats
Bharat Forge - Perfect Example of .618 Bullish Retracement .618 Fibonacci Retracement Most Popular Retracement Important retracement for a stock that is selling off after completing a good Rally. #BharatForge is a perfect example of .618 Bullish Retracement and its amazing to see how prices rallied after hitting .618 retracement Trade Consideration ( Refer Chart ) Point #1 : A good rally Point #2 : A sharp Sell-off Point #3 : Exhaustion Candle with huge volume at .618 Retracement Support ( First Clue from Pure Price Action ) Point #4 : Hammer/Key Reversal Candle with huge volume at .618 Retracement Support ( Second Clue from Pure Price Action ) Point #5 : Huge Volume at two important Reversal Candles ( Exhaustion followed by Reversal ) Assignment for Learners: Identify .618 Retracement on daily chart and post in the comment section If you have Any Questions, please feel free to ask in the comment section below Share for Wider Participation and more much educational posts
NSE:BHARATFORGEducation
by manuagarwal21
3
The Best Way to Trade Nonfarm Payrolls!The unprecedented world wide Coronavirus pandemic has put the markets on edge and set expectations really low for virtually all financial data points. Considering this, Non Farm Payrolls came in very strong, or at least not as bad as expected. Stocks reacted accordingly, and this tutorial is about how stocks react to strong numbers. This occurs in three phases: Phase 1: Initial reaction - In the event of a number that the markets perceive as 'strong', stocks will rally accordingly. This usually continues until they hit a Fibonacci level or other technical level, or traders take profits. Phase 2: Retracement/Squeeze - The rally discussed above usually will continue to around 9:00am or so. Don't forget that NFP comes out at 8:30am which is before the North American open. At this point, futures traders have taken profit, and stock traders are gearing up for the open. Watch the Kovach OBV to make sure that this retracement is not a reversal! Phase 3: Continuation at open - At 9:30am, the US markets open, and stock traders clamour into trades pushing the markets up again. Stocks could retrace later on in the day, or set the stage for strong growth in the subsequent week. Hopefully this tutorial can help you set up for some good trades if you see this behavior! If you want to learn more, check us out at Ghostsquawk!
FX:SPX500Education
by quantguy
Pulse of an Asset via Fibonacci: BTC near Bull Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the buyers still there? Enough to absorb the selling power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. Part of my ongoing series to collect examples of my Methodology : (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place <= Current Example Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
COINBASE:BTCUSDEducation
by EuroMotif
13
BTCUSD how to identify institutional activity (reference)Using NOV 2018 as an example, note the volume. As price was falling it was met with very large buying. Enough to prevent the price from falling below 3k ish. It took about another 6 months of absorption before the supply dried up for a clear path for mark up. But just wanted to point out what stopping action looked like. If you were to invert the chart, the inverse would apply. Look up Wyckoff price cycle/ accumulation and you will see how this particular example follows the schematics. Practice*
COINBASE:BTCUSDEducation
by dee718
EURUSD | Falling Wedge & Trend Line...!!EURUSD (Update) In 4h Chart, EURO Has been forming Falling Wedge Pattern. At the Moment, It's Heading towards the Major Trendline. (Still in Uptrend) Now There Are Two Possible Scenarios...!! 1- If Trendline Broken Down, It Might test the 1.102** (Fib 38.2%) Area. 2- If Bulls Hold the Trendline, & Bounced Back, Expecting Wedge Breakout. In Case of Wedge Breakout, EURO Might test the 1.138** Area (Major Resistance) So Be Ready for Both Bearish & Bullish Scenarios..!! Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!
Education
by Faibik
7