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Fibonacci

GBPJPY - Rising Channel Into Structure Resistance The GBPJPY has been bouncing back & forth between structure with the most recent move being one back into a level of previous structure resistance. At this level we also have a rising channel along with our RSI going overbought 7 showing bearish divergence. Targets are taken using a combination of price action analysis, & Fibonacci tools. If you have any questions, comments or want to share your views & analysis on this pair. please do so below Also. remember to hit that like button & show so love before you leave. Best of luck this trading week. - Akil
Short
by Akil_Stokes
2
Market Cycle - Accumulation - KEYUSDKEYUSD - Selfkey - weekly chart Here, I use the FIB to show my thoughts on potential targets for KEY in the coming Bull Cycle. You can see that the 3.618 FIB purple line, has been where the past few cycles on KEY have targeted. I have noticed this on MANY coins. If this plays out, we could potentially see 15X on KEY from current levels in the next bull market, after BTC halving, I suppose. No one knows, but that's what I assume. Not financial advice just my 2cents. Please FOLLOW, LIKE, SHARE for more!
CRYPTO:KEYUSDLong
by Cosmicbag
Short-Term Rebound for DXY means Good Moment to BUY Gold!Last night, dollar get underpressure along with another pressure on bond yield. The technical moves as what I share last night. So, we update the condition. Dollar and Bond Yield have to retest the resistance before get another pressure. Therefore, Gold will have some correction on short-term. But, the good news is "correction means good momentum" to look forward the "cheaper" price to buy gold. As long as support trendline at 2070 doesn't break, you still have another chance to buy gold. Put the Stop Loss below the trendline support or below the historical low 2062. While the target expected at 2093 or 2109. What do you think ?
TVC:GOLD
by irpansupiandi
Navigating the Markets with Fibonacci ChannelsToday we delve into the fascinating world of Fibonacci Channels, a powerful tool for traders looking to identify potential non-horizontal support and resistance levels in the market. Throughout the video, we provide a step-by-step guide on how to place Fibonacci Channels on price charts, allowing you to visualize and understand their significance in identifying key price levels. We also showcase real-world examples to demonstrate how Fibonacci Channels can be used to find points of interest, such as trend reversals and price targets. Furthermore, we discuss the integration of Fibonacci Channels with other technical indicators, providing insights into how this combination can enhance your trading strategy. By the end of this video, you will have a comprehensive understanding of Fibonacci Channels and the ability to confidently incorporate them into your trading approach. Get ready to unlock the potential of Fibonacci Channels and take your trading skills to the next level!
Education
by LeafAlgo
16