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Fibonacci Retracement

GBPAUD | New perspective The identification of a strong bearish impulse leg on the 4H time frame which was followed by a retracement into the 61.8/78.6% appears to be a clue into the strength of the sellers at this juncture in the market. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
4 Reasons why the BTC Bottom could be CloseINDEX:BTCUSD In today's video I look at 4 reasons why I think we are close to the bottom: 1. 200 week MA - historically the 200 week MA has indicated the bottom 2. Fibonacci golden pocket retracement - a fib pulled from the very start of bitcoin in July 2010 to the all time high, show a zone for the possible low 3. Weekly RSI - historically we have never gone below a certain level and we are nearing that level 4. CME Gaps waiting to be filled - there is a gap that is about to be filled These four factors are aligning very well with weekly and daily support levels that BTC is nearing. Could this be the bottom or close to it? Have a look at the video and let me know in the comments what you think. Not financial advice. DYOR. Papertrade before using real money. If you liked this idea, please give a thumbs up and follow. Safe trading. Shawn
INDEX:BTCUSD
by zartraderguy
BTCUSDT wants to retest the 0.5 Fibonacci level The price is testing the 0.618 Fibonacci level on the monthly support (29k) On the daily timeframe the price is testing the 0.382 Fibonacci level as resistance. on 4h timeframe the price is creating a symmetrical triangle. How to approach it? IF the price is going to have a breakout from the 32k and retest it as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
20
GBPUSD | New perspectiveI have just identified a similar scenario to that which we saw in the EURUSD ( this was shared earlier): With a key level at 1.255000 sharing a confluence with the bearish trendline identified in the 1H timeframe, I am looking forward to selling the British Pound going into the New York session... Stay tuned in as regular updates will be shared on my tradingview account. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
EURNZD | New perspectiveThe identification of a strong bearish impulse leg on the daily time frame which was followed by a retracement wave that appears to have culminated around 61.8-78.6% ( 1.68000 zone) is a signal that the risk of further decline in price is imminent. So, this video explains how I intend to take advantage of the bearish move if it happens. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
1
Bitcoin Range Breakout Soon? Trade the range until it breaks!BYBIT:BTCUSD BYBIT:BTCUSDT Bitcoin has been consolidating in a range for 21 Days now. There is a history of ranges forming on BTC and breaking out. Is the pattern about to break out? I evaluate the important levels to look out for, take a quick look at alts. (Hence the video title has KAVAUSDT in it ) 2 Fibonacci Golden pocket reversal areas that I identify where price could reverse My message is clear and simple: Please be careful trading right now. Bitcoin is at a Tipping Point. It could break up or down. Heck, we could keep ranging for a few days, but whatever you do, make sure you protect your capital. Not Financial Advice. DYOR. Papertrade before using real money. If this analysis helped you, please consider giving it a thumbs up and following. Trade Safely, Shawn
by zartraderguy
PEOPLEUSDT URGENT Update - We're in a critical area!!BYBIT:PEOPLEUSDT BINANCE:PEOPLEUSDT KUCOIN:PEOPLEUSDT People Crypto Coin URGENT UPDATE PEOPLEUSDT is at a critical Fib Golden Pocket area. Price could bounce here or break down. I give you my analysis and how I'm trading this. A pennant has developed - the video explains scenarios for trading it and I look at a few areas of confluence. I look at a TPO chart and explain the reasoning for how I'm trading this today. The 30m Imbalance chart is possibly telling us what is ahead. Tight stops if you are entering at this region. Place stops in profit as soon as you can. The lower the risk, the better Not Financial Advice. DYOR. Papertrade before trading with real money.
by zartraderguy
BTC-USDIn the last 5 weeks, we saw strong bearish pressure. The price updated the previous swing low and it means that the correction wave is almost over and has reached about 0.78% of the Fibonacci level. The price reached the weekly uptrend line. It is a support and I think it is the best time for a reversal. We need strong buyers who will start buying Bitcoin in good volume. In my opinion, the best option we should consider is consolidation around $32 000 to $34 500. after that, Because the last resistance of the downtrend has been broken, so a complete correction has been made and this is the best time to return to the same uptrend. In the first step, the price can rise at least to the same ascending peak around $48 000.
Long
by Amirvala
2
KCSUSDT is testing the weekly support. Reverse is coming? We made more than 12% since my previous idea, now the price is testing the weekly dynamic support after a bearish impulse. On the 4h timeframe, the price is testing the 0.5 Fibonacci level on the daily resistance How to approach? The price needs to have a new breakout from the daily and 4h resistance and retest the resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
14
AUDJPY Intraday Short Analysis Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use. ***AUDJPY - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
EURAUD | New perspectiveWith an evident downtrend scenario on the 4h time frame. How can we take advantage of a sell continuation opportunity if it finally happens? Let's check this out together. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2
AUDCAD | New PerspectiveA potential bullish momentum is identified within a critical supply zone. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry