Area of many fibo levels from different waves lay close to each other. like example above EXAMPLEL GBPUSD can find support at next cluster area
GOLD (XAUUSD) The price for GOLD has broken out from the previous bearish structure. It went back down to retest the support zone. Near the POC area where it rebounded again. Looking for more upside continuation after the breakout of the key level. Let's see how it goes..!! Good luck.!!
After a correction, the price had a breakout from weekly resistance, and the price is creating an ascending channel. IF the price will have a breakout from the current 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 ->...
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