#CADCHF Fibonacci Analysis Tutorial & OpportunityTraders, in this short analysis, I show how to draw Fibonacci ratios to predict market movements and plan trades. We also look at how we plan to execute these trades for best R:R.
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Fibonacci
Pulse of an asset in Fibonacci: MANA at MAJOR 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.
Ethereum : Major resistance and liquidation zoneHello all, this will be a quick update analysis about Ethereum. Let's get it started!
Red zone is the liquidation zone
White zone is the resistance area
The price however is in its decent parabolic bull run since December 2019. And since the parabolic bull run, we haven't seen any significant corrective pattern. This time could be different for ethereum. The reason why I believe there will be a significant correction is based on these 3 factors :
1. Although the price has already broken out of the white resistance trend line, it's now testing the liquidation zone as it has a confluence with the white trend line and the .382 fibs level as a major resistance. White trend line is the previous broken support that is now become resistance as well.
2. The MACD histogram has a potential of ticking down on daily time frame. This will indicate that the bulls is losing strength
3. Looking at the green zone, it's beautifully aligning with the yellow line which is the previous broken resistance that is now become support. Since the price has broken out of this yellow line as resistance, we haven't seen any retest toward this line as a support to confirm the phase 2 of my break out strategy.
We might see a correction in the upcoming days. The additional reasons why I believe that there is now a shifting period from bulls to bears is that bitcoin potentially will have its major correction to the downside.
xauusd new updatewhat I am looking for is for a sell move, I believe that the price should go down before it goes above the 1600 level. entry point 618 level of the mini-trend. I'll take entry with good rejection confirmations. Tomorrow is NFP we can expect it to fall but let's see what will happen.
Goodluck
GBPUSD : The action of testing the 12 years trend lineHello all, here is my overview of the GBPUSD , let's get to my chart work.
The orange trend line is a very strong resistance area of GBPUSD, that's why I'm not surprise of the last correction of the price. Since it's the 12 years trend line, the price needs to give respect of this resistance trend line. Currently I'm looking for more retracement in upcoming day to the white region as the action of retesting the previous broken resistance trend line that is now become a support. Beside, the white support trend line is having an alignment with the .618 fibonacci retracement level.
The MACD is now trending at negative side with the negative side with the histogram is ticking down to the negative side showing the momentum for the bears are increasing.
There will be a very negative sentiment in the upcoming days and I hope that the white region can hold the price from further drop, because if it's not able to hold that, we will see a drop toward the green region as the interim swing low below 1.20000 .
"Pulse" of an asset via Fibonacci: Matic DUAL Impulse ReduxMatic is quickly approaching TWO Impulses and their Cores.
It is not common for two such distinct impulses to be so close.
These zones can be considered the "do-or-die" supports for Matic.
"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.
This is part my ongoing series to collect examples of my Methodology.
.
.
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.
Bitcoin : Bullish momentum is diminishingHello All, here I show you the details about bitcoin. Let's get started!
We have seen a huge push to the upside for the price and it's now entering the huge area of resistance too. In this chart work, I will give a highlight especially on the oscillator indicator that usually has a very important roles on my trading strategy.
Based on the RSI, we've seen a sign of bearish divergence as an indication for reversal pattern. The RSI has entered the overbought region and it has a significantly lower high on RSI but higher high on the price action.
And on the MACD, I see a potential of death cross on the MA line as the histogram is starting losing some strength with ticking down comparing the previous histogram. And if we see deeper to compare with the previous top of the histogram cycle, the histogram is having a lower high too.
The alignment between MACD and the RSI makes me believe that bitcoin will have a correction in near future. That's why I'm targeting the blue region below as a support for possible touch if this bias hold true. And although my bias is the correction is imminent, I haven't shorted the market yet. It simply because I've seen a very thick sell order around $9900 on the bitfinex. And considering there is potentially very volatile movement when the price touches that area, I'll wait for the consolidation pattern to be formed in lower time frame such as 1 hour and 2 hours time frame to enter short position.
Pulse of an asset in Fibonacci: BCH near MAJOR 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.
Pulse of an asset in Fibonacci: BTC nearing MAJOR Impulse ReduxBTC is NOT here yet, still fighting a "Minor" Impulse redux (click).
Overall, the current wave structure Minimum Target is $9750
If it fails here and starts retrace, then Expect 9k Retest
"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.
Pulse of an asset in Fibonacci: XRP nearing Minor Imuplse 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.
This is a "Page" in my "Book" demonstrating 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.
Pulse of an asset in Fibonacci: EU 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 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.
Bitcoin : I will be very panic if..Hello fellas, welcome back to the update analysis about bitcoin, this time I will cover the support trend line and the crucial levels of bitcoin. So, let's get started.
Today's a very bearish day with a 1%+ down of bitcoin from yesterday's candle closure. But, currently we can see that the price is still trending right at the first support region around $9200 - $9250 region. If the price can breaks down of current support, we will see the push lower to the next support region around the $9000 - $8880 range of support. And the crucial role will be on this 2nd support which has an alignment with the white support trend line, which has held the price since January 3rd, 2020 and this is clearly a very strong support!
If the price of bitcoin can breaks down of current support $9200 region, I won't take it seriously and won't activate the short position. But, if the price breaks down of the 2nd support and the white support trend line, I will 100% open a HUGE short position !
And if the price breaks down of the white support trend line, it will automatically invalidate my $9700 bias.
Thank you and have a nice day!
Pulse of an asset in Fibonacci: ICX Ping has Rung in the Top?ICX Ping has Rung in the Top?
We all know what ICX has been doing, time to wonder if it is done.
It could very well just keep going, but is prime for perfect ending.
Such a precise tip and strong reaction is what makes for a loud "Ping".
"Impulse" is a surge that creates "Ripples", like a pebble into water.
Each of the Ripples has precise bounds defined by the "Golden Ratio".
Until a new Impulse occurs, the Price oscillates within "Energy Bands".
Markets quite often ask "Give me a ping Vasili ... ONE Ping only please?"
Some Pings are so clean you can almost HEAR them resonate off the chart.
Such a Ping causes the Price Wave to STAGGER as if it received a concussion.
Not all Pings start a reversal, but Most reversals start with a Ping.
Every Ping increases our confidence in the entire set of Ripples.
When the Pings stop, it is time to find the new Impulse at work.
This Idea is one "Page" in my ongoing "Book" demonstrating my "Methodology":
Chapter 1: Introduction and numerous Examples.
Chapter 2: Detailed Samples and multiple Impulses.
Chapter 3: The Dreaded 9.618: Murderer of Moves.
Chapter 4: Impulse Redux: Return to the Birth Place.
Chapter 5: Golden Growth: Nature's Perfect Expansion.
Chapter 6: Give me a ping Vasili, one Ping only please.
.
.
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
.
Bitcoin : Bullish sentiment short termHello fellas, welcome back to the technical analysis of bitcoin here. Let's get it started.
We've seen a huge rejection of almost 3% from the peak of February 3rd candle which produce a type of shooting star with a wick to the down side. And because the 4 hours candle has closed with this type of candle, a lot of trader has predicted the potential bearish bias as a reversal pattern for bitcoin. But, for me I don't think that the reversal will occur in the near future, and here I acknowledge you my arguments for it.
1. We haven't seen any type of bullish divergence on RSI yet. The RSI still forming a higher high structure until now.
2. The MACD histogram on 4 hours chart is still ticking down in the negative side and I haven't seen any sign of lower high on the histogram just yet.
3. If we assume this as the ending diagonal of wave C with an expanding pattern, the 5th wave must be over extended and is likely to touch the upper line of this diagonal.
4. The upper line of the diagonal wave is having a confluence with the 1.618 fibonacci extention. From this, I classify e the green area as the potential liquidation zone for the short.
Because we see these confluence reasons for the bitcoin, I expect the price to have a spike up 1 more time before the huge downside move. Good luck
One hard truth about trading crypto: many 'clocks'Well, friends... Hello again!
After turn of day excitement and disillusionment, here a simple but important example of how key is to keep more than one exchange in check for key levels:
4.272 projection for 'wave 1', down at low 8000's, was hit on many, if not all (most relevant) crypto exchanges, except... Bitstamp. Now, not anymore.
It cost some folks the bad sensation of being trapped for who knows how long, or be point-blank stopped. Could they have avoided it? What do you think?
So, trading crypto is a bit like having many clocks. You never know which one is right at any given moment.
As such, the best you can do is, whenever you have a target, double-check it on multiple "clocks" / exchanges.
Those that I watch more frequently, here on TradingView, are:
BitMEX
Bitstamp
Bitfinex
Binance
Coinbase
HitBTC
(BTW, there was a second option to avoid this trap: as it usually happens in many trading situations, this latest rejection level is also related to 2 day TD Setup resistance line. Please check related idea for more information.)
Now, changing topics, briefly: another noticeable event, also highlighted on charts, are "off-the-book" margin operations on Bitfinex, which frequently lead to higher volatility, as exemplified. Such event preceded latest run up too.
To learn more about this topic, please check here .
So, what you think now? Price going down -- a bit a least -- or no chance, the way is up?
Cheers!
PHInkTrade
Pulse of an Asset in Fibonacci: Bitcoin at crucial Impulse ReduxWar between Bitcoin bulls and bears at a crucial battle zone.
Bears made a strong push down, but Bulls are right back at it.
Now a showdown at the Core of Bear Defense vs Bull Offense.
"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.






















