Price action has been rejected from 88.6% - 78.6% range, 15M overbought. Ttarget at 14.6% of Fibonacci retracement (28.7k). Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss in the market. 88.6...
The price created a triple bottom on the monthly support of 0.62$ where the market found liquidity for a new bullish impulse. On the daily timeframe, the price got a rejection from the 0.5 Fibonacci level exactly on 1.37$. pon the 4h timeframe the price created an M pattern with the double top on 1.37$ and the market lost the weekly support How to approach? The...
The price got a rejection from 23.37 where the price created a double top on it. the 23$ Area is the main resistance for DOT. On the 4h Timeframe, the price is testing the 0.886 Fibonacci level on the daily support. How to approach? The price needs to flip the 4h resistance on 18$ and confirm the flip. If the price is going to satisfy our rules, we could see a...
The price bounced on the daily support on 39800 As I Told you in the previous analysis and now the price wants to retest the 0.382 Fibonacci level on the weekly resistance on 42k On the 4h timeframe, the price has a supply zone on 42300 How to approach? IF the price is going to retest the 42k and got a rejection, we can apply our rules for a new short position....
On the upper chart, the price got a rejection from the monthly resistance on 48100$ and now the price is testing the previous weekly resistance as new support on 0.618 Fibonacci level. On the 4h timeframe, the price is testing the 0.886 Fibonacci level after a rejection from the 0.618 Fibonacci level How to approach? the price needs to hold that level and the...
The price is creating a descending channel on the daily timeframe, and now the market is testing the daily support on the 1.13 Fibonacci level on the daily support. On the 4h timeframe, the price is testing the descending channel between weekly and daily structures and the market is testing the 0.382 Fibonacci level right now. How to approach? The price needs...
The price had a nice bounce from the daily support 35k and had a breakout from the descending channel, it's a good sign. On the daily timeframe, the price is going to retest another key level on 46k, if you look on the left, you can see how the price respected that level. On the 4h timeframe, the price is testing the dynamic support as new resistance on 44k. How...
NSE:IDFC is at the key support level formed by fibonacci cluster. It is also at the PRZ level of Bullish Gartley Harmonic PRZ pattern. Volume Zone Oscilator is also in the oversold zone. It might do a bullish reversal from here. Gartley PRZ pattern requires below criteria: XAB - 0.618 AC - 0.383-0.886 BD - 1.272-1.618 XD - 0.786
NSE:KOTAKBANK is currently trading at one of the important support formed by a Fibonacci cluster as well as on a trend line. Additionally, it's near the Harmonic PRZ level of Bullish Butterfly pattern. Volume Zone Oscillator is also near the lows. If it can hold above 1810 level,Odds are that it might reverse from this level towards target #1 (1862) and then...
NSE:NAUKRI is currently trading at 200 SMA level and also at one of the important support formed by a Fibonacci cluster. Additionally, it's near the Harmonic PRZ level of Bullish Gartley pattern. Volume Zone Oscillator is also consolidating near the lows. If it can hold above 5429 level,Odds are that it might reverse from this level towards target #1 (5840) and...
XRPBTC is within a huge symmetrical triangle Its not a matter of if, a matter of when. Above is the "fib circle dump" scenario. I have applied this inversely to the XRPBTC chart, which would implicate a moonshot along the side of the circle
As per the above chart, I have found a possible example that may play out the same The premise is price dumps along the side of the Fibonacci circle I think this is because the price is "attracted heavily" to the circle as it dumps, causing this chart phenomena I don't want to spread fear for ATOMUSD hodlers, simply trying to find another example. It could...
NZDJPY time frame D1 forming "FLAG PATTERN" and we can see that, there has been breakout from the trend line and re-test.
Hello traders and investors, today we see one of the main Tesla (TSLA) competitors: the Chianese Electric Car NIO. Assuming that 12 January 2021 was the pick of a Primary Wave 3 impulse, I am looking at the last impulse wave (primary 5) after the completion of Wave 4 correction. As you can see in the chart, I see 5 intermediate blue waves down and 3 waves up,...
Traders, Gold has been following our plan. We have been bearish on the XAUUSD because of the higher time frame bias. Last week, our long and show plans played out well. Gold went back up to test the neckline of the Head and Shoulders pattern after a fall. And right now it is kind of forming a double bottom which can push the price up a little bit. In this quick...
This is my BTC Technical Analysis using FIbonacci Circles on the Monthly time frame. I posted my BTC Analysis using any Support and Resistance Zone Strategy as well in my Published Ideas Tab.
ETHUSDT is testing the daily resistance after a perfect bounce on the weekly support. where the VIP USERS got the profits. IF the price will have a breakout and retest the current resistance as new support, the price could rest the 0.5 Fibonacci level where the price will find the weekly resistance. According to Plancton's strategy (check our Academy), we can...
Hello traders! Today we look at an idea of a short sell based on the possible end of completion of Primary Wave 4 correction. In this scenario, we assume that the descending ending diagonal wave C is about to be complete as double zigzag correction Minuette WXY in purple. The blue box shows Fibonacci cluster between Minuette W = Minuette Y, and Primary Wave 4...