MACD Bearish Convergence Below Demand Line on GlobalFoundriesI have bought the Quarterly PUTs on this as i believe it is due for a 1.618 Retracement after it breaks through it's last support levels.
Fibonacci Extension
In tradeI entered trade. Dollar is so unbelievably strong and refuses to slow down. Lots of sell opportunities. Im weary if we see a sudden correction.
Price to go to neckline projection and Fibonacci extension area. 50 pips.
10R
USD/CAD - BUY TRADE IDEA USD/CAD - BUY TRADE IDEA
The Market has been bullish after a deeper retracement which sets our target to 1.31128 on our daily Fib extension .
As we moving towards our target we trying our best to get the low prices, we currently at a low price as a Gartley has just been fulfilled .
Once the Market breaks the counter trendline we will be looking to be buy the Market on our way up .
TP 1 : 1.29487
TP 2 : 1.29745
TP 3 : 1.31128
TP 4 : 1.31461
Potential Short/Sell Opportunity US30 Could we see another push down based of the current Down Channel ?
If the Analysis Holds true we could see a push down to the 31569 Area based of the current down trade.
Entry : Counter trendline break Bearish for the Short/Sell Opportunity .
Take Profit : 31569
Stop Loss : 36154
ADA above last support zone#ADA/USDT
$ADA weekly chart shows price is above middle line of descending channel that is the same with long term support zone.
this support zone is between 1.272 and 1.414 fib level of last weekly swing high.
🐻 if price break down from 1.414 fib level it will continue its downtrend to lower line of channel that is the same with 1.618 fib level which is below $0😁!!
🐮 so price should hold this support and maybe in short term or mid term it has sideways moves to help bulls gather strength, and start a new rally in long term.
Correction wave go down to 1580On daily chart
ETH's completed a impulse wave at 4868 with golden ratio at fourth wave.
Right now, the correction wave is happening come down to 1580.
Wave C = 1.382 Fib Wave A, perhaps.
What next, wait and see
GBP about to rise TODAY!The green circle depicts the area where trend based Fibonacci extension and time zone intersect. So the end of the down trend, today will be the first day of new trend that will start to go up.
ADA/USD: Short PositionThis it's my update of my previously analysis from ADA/USD in the early. So, I'm in short position and I analyzed that Cardano touch the 0.618% Fibonacci level and important zone to continue sell.
So, I'm bearish in Cardano. I entry around $0.66 cents and I move the SL to $0.72 cents and i will share my possible targets to reach down using Fibonacci extension level. So, I see a good targets between 0.782% ($0.55 cents and 1% ($0.51 cents). So, I will hope to know what happen when ADA reach the target of 0.782% and if this broke down, I hope my completely target toward 1%.
So, this trade has a lot potential to earn in this trade.
Also, I share in my weekly timeframe a new bearish perspective that I hope to pass in the Cardano price because I see that Cardano has a lot chance to go down to $0.39 cents approx.
I hope that this idea support you!!!
DOTUSDT Is getting new liquidity from 1.618 Fibonacci levelthe price is creating a descending channel and it's testing a first demand zone as you can see on the left. On the 4h timeframe, the price is testing the 1.618 Fibonacci level where the price could get new liquidity for the reverse.
How to approach?
The price needs to grab new liquidity in order to reverse the main trend, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Matterport Going Down to Zero in the Coming WeeksOk so Zero is a bit of an exaggeration but it is on track to breaking down to a minimum of 4 dollars and 77 cents (aka the 1.618 Fibonacci extension) if it breaks the support of $10.50 and the likelihood of support holding here is very small.
I would stay far away from buying this stock as it's just not worth it to me.
EURCHF BUY ON TRENDLINE RETESTPrice strongly broke the monthly pivot and retested it.
Strong price rejections on the support suggest a resumption of the bullish trend.
A break above and retest of the trendline will initiate buys with targets beginning at 1.03970 and extending to 1.04700.
NZDUSD Short Idea In this short video, we explain a trade idea on NZDUSD. On higher time frames, it looks like an AB=CD is completing the CD leg, and it's in confluence with a round number. In this idea, we are looking to ride the rest of the CD leg to point D.
BTCUSDT November target nearMy Nov '21 target from the peak is near. The XA swing trendline from the Crab harmonic pattern has been broke down. BTCUSDT is collapsing and don't showing strenght for a retest of this trendline for now.
ETH/USDT : Right above the S/R line! BINANCE:ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ETH has reached the local S/R line and it comes with two possible scenarios :
- If $ETH Holds the Support here, Then it's more likely for $ETH to break above the higher S/R at $2600.
But the main scenario is still bearish and I'll look for my Short if we get the closings below the marked S/R line.
Entries can be separated between $2400 - $2430 - $2460.
- Stop-loss should be managed as active management!
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
BTCUSDT short continuesBTCUSDT on 30M chart shows a Doji reversal candlestick after retrace to -61.8% of my last target accomplished. AB=CD target 3.33% Fibonacci extension downward. Oscillator: Ehlers Stochastic CG, bearish signal. Shows of weakness.
HEXO TO 59$ !?Fib level point 59$ and we are actually in my favorite buy zone spot in between 1.272 and 1.618.
