Fibonacci Retracement
AUDCAD Setting Up for a 1,000 Pip Move?Hey hey.
My name is Kaci.
In this video, I complete a top down analysis of AUDCAD.
I take a bird's eye view of the longer term move in the market.
In this video, I use fibonacci retracement and extension tool to help me determine my bias.
Right now, I believe we are in a down retracement and price on the weekly has not hit one of our key levels, 38.2, 50. or 61.8.
However, price has hit an extension to the downside off of a shallow retracement.
I believe we may see a short term move to the upside before a longer term move to the downside.
What's your bias on this pair?
BTCUSDT is going to test the daily support 🦐
BTCUSDT is going to test the daily support after a breakout from the weekly support.
In that video, you can find the key levels and where the price could bounce or open a new short position.
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 -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
How to use Fibonacci to determine a trend change or a correctionFibonacci is a great tool that I have learned to use in different trading situations. One of the great features of the Fibonacci ratios is the ability to reveal market information.
In this video, I demonstrated how you can use the Fibonacci to confirm a trend change or a retracement.
Enjoy!
USDCHF looking up 🦐USDCHF on the weekly chart found a bottom over the important support structure.
The market from there started a nice impulse to the upside.
On the 4h chart the price broke the retracement channel and tested the 0.618 Fibonacci level.
Now we can expect a continuation to the upside and according to Plancton's strategy if the price will satisfy the conditions we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
[Trade Review] How I traded $HD HOW I SCALPED IT IN THE 1MIN In this video I will reviewing trades I took on June 21,2021 which was $HD plus giving you guys a breakdown on how I scalped it on the 1min! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
UPDATE Retracement Levels Script: Finding Support and ResistanceI have updated my Retracements Level script to alert traders to long term Support and Resistance levels based on 50% Fibonacci levels. I think that this is a simple and highly valuable tool that every trader should have in their toolbox to identify key levels that price may respect.
In this video I go over the many uses:
-Long term levels for Entering and Exiting positions
-Multiple Timeframe Analysis
-Catching Catalyst events like Earnings
-Projecting Support and Resistance far into the future
GOLD: Swing ideaAfter every impulse, comes the correction. Gold has done both. Now we expect the next impulse to follow. This one could take us pass the point of the pullback to the Feb 2020 highs.
Let's wait for a daily close above the resistance level, and maybe we can collect some good pippage.
What do you think? Am I crazy? Or am I on to something?
EURGBP - POSSIBLE TRADE IDEA Hello traders,
Here i am highlighting possible areas on the EURGBP where we will be able to take a trade decision from.
I hope you guys are enjoying the content if so like and follow our channel. If you wish to see anything regarding a asset or education then comment below.
Safe trading
GOLD SPOT - USD Hello traders,
Today i'm highlighting a possible entry on the XAUUSD. On my previous video i showed how we was going to break above the neckline of the double bottom, now we wait for the return move.
I hope you guys and gals enjoy the content and if you have any questions please comment below.
Trade Safe.
AUDUSD - POSSIBLE TRADE IDEA Hello traders,
Here i am highlighting possible areas on the AUDUSD where we will be able to take a trade decision from.
I hope you guys are enjoying the content if so like and follow our channel. If you wish to see anything regarding a asset or education then comment below.
Safe trading
EURUSD - POSSIBLE TRADE IDEA Hello traders,
Here i am highlighting possible areas on the EURUSD where we will be able to take a trade decision from.
I hope you guys are enjoying the content if so like and follow our channel. If you wish to see anything regarding a asset or education then comment below.
Safe trading
EURAUD - IMPORTANT AREA Hello traders,
Here i am breaking down a potential buy situation for the EURAUD. You have pretty much my full strategy within this video, i hope you enjoy.
Comment below if you would like me to run down any education or any asset within the market.
Please like and follow my content
Safe trading.
AUDJPY - POTENTIAL TRADE Hello traders,
Today i am highlighting important areas and a possible trade decision on the AUDJPY. I speak about using the JPYBASKET and how we can use it to confirm out analysis.
If you guys have any requests then comment below, if you enjoy my content please like and follow my channel.
Safe trading.