Let's see step by step analysis First price action : Area arnd 58.75- 58.8 is a support where stock was able to form a base and today formed a good bullish candle with a vol spike Fibonacci Cluster : There are two Fibonacci retracements plotted. (1) By taking 53.55 as swing low & (2) By taking 42.1 as swing low. So 50% retracement of (1) is exactly coinciding...
Today EURUSD break the resistance, and should going up to supply area, hope this give u clear mind, if you have other opinion, comment down below ;)
Here is my setup for gbpusd, I am using fib retracement and projection, to make clustering area and also you can see a rejection shadow should gave us power to going up more ;)
Well ... it's head and shoulders again. I think it is heading towards the price 1.250 to complete the pattern and then it will bounce up towards the formation of the fifth impulsive wave, but it may fail by surpassing the price 1.2350, who knows! ??. We notice the Fibonacci levels how the resistance and support combine at the price 1.250 to 1.24040, which makes...
It has completed five impulsive waves. While it hits Fibo target at the value of 1.618 in the 0.7805 price area. Mmm Well, is there a likely drop? .. Yeah! It touched the previous high, which is a correction of a previous impulsive wave (shown in the picture as a b c ). We took the FIBO cluster values from the prices: 0.7817 to .7563 And from a high of...
BINANCE:DOGEUSDT Yesterday we left the analysis in general, now we will be a little more accurate, if the price can break the line, it will enter a downward trend, but if the price can be supported from this point, we will see a good growth.
BINANCE:DOGEUSDT Let's go for analysis today As you can see The price has moved up after hitting the 618 range So if it is supported from here, we can expect good growth We have now identified two points that you can use
Traders, here is my update on Gold (XAUUSD) using multi time frame analysis and FCP (Fibonacci Confluence Pattern) Strategy. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Neve rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅...
After an amazing bull run $ADA.X want to retest the Fibonacci. If the price will find a new liquidity and will break the current 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
fter nearly 6 months of consolidation, we saw the bottom fakeout and the begining of the rising up of the Canadian currency. At the 66.7% fibo level, we saw the beginning of the start movement and the creating formation of the HnS pattern. At the moment, we expect a retest of the neckline and another drop down. If the market does not negate the pattern, we expect...
Traders, USDCAD is showing rejection signs at this FCP (Fibonacci Confluence Pattern) zone. This can push the price up. Keep an eye on USOIL as well. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Neve rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it...
Speculation into the future. TRADING IS NOT SUITABLE FOR EVERYONE. If you don't know what you're doing... TRADING CAN CAUSE YOU TO COMPLETE LOSE ALL OF YOUR MONEY. Comment if you feel like it and have a great day! This is an example chart demonstrating how I may choose a strike price when purchasing stock option puts If you don't know what that is then you...