The BTCUSD price has just completed wave 2 and is on course for a fine wave 3 (broken down into 5 orange sub-waves here), supported by a bullish divergence and the break above the weekly Ichimoku cloud. Wave i could continue its ascent before hitting resistance at 32k. Wave ii would then retrace 50% of wave i to bounce off the 2021 double-top support. Wave...
This Full Fibonacci Layout is a rendition of my previous S&P idea. This one includes all angled extensions. The Pattern is very easy and clean to see and recognize. One must look for Support and Resistance. #1 and #2 are easier than #3 to visualize but all of them are correct...
Record new account openings on MoscowExchange during 2023, has played its role in almost 90% stock advance since the year start. The stock and volume dynamics show strong uptrend with good signs of accumulation on a weekly chart. My chart analysis shows, that price has reached an important resistance zone of its strongest uptrend wave 3 at around 182 area...
toying around with the possible W1 leading diagonal with a ST top around $40k. Then W2 down to $19k B4 1/2ing then big run after the event.
Is it time for BTC to go down? Is this the start of a possible 5th wave? This is only one possible TA for short, although there are many arguments and the possibility that BTC is still going up. But currently the risk reward is so good that this trade looks very attractive. The analysis was made with Fibonacci, Elliot waves and harmonic patterns. Currently BTC...
Willing to short to the H4 FVG below, about 121 pips to the downside, then will consider buying up until price reaches a 2 week resistance zone/OB. I'd like to see if price will re-test 1.05929 to then sell to fill in the gap near 1.04817 - 1.04765. Another option is not participating in the counter-trend and wait to enter once and if price reaches the deep...
Here's a possible last entry to short for about 44pips before a reversal upwards.
Fig. 1 displays a potential re-entry of NASDAQ:TSLA (Tesla Inc.) into the range of $400-588 as our target. This analysis is based on a slight confirmation of the Fibonacci guide .618 ratio (indicated in green) as observed in late April this year. There is room for future confirmation if the price recedes below the moving average cross (MA cross) Fig. 2 . [...
The index has been surging yesterday after the market opening. A reversal actually formed as the price reversed crossing the MA on its way up and now a retracement is likely to happen with target level as per the Fibo tool. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
My hypothetical trend line and triangle are broken, the future is nothing but a repeat of the past, I expect Bitcoin to grow up to 35 and 40
As price mitigated a 2 week OB below and is showing possible signs of buying interest, I'd consider entering after it comes back to this H1/m15 OB. My analysis shows that I could hold until 1.9500 (minimum) to 1.9600 (max).
As price took out not only BSL and mitigated an H4 OB, I do speculate price to sell and find support at the D-OB below / 79% retracement fib level (157.200). There's some news event for JPY coming out Sunday at 7:50 EST to which I wonder if this will drive price down to support at 157.200
As price cleared sell side liquidity (SSL), it can be fuel to go long to the next draw on liquidity (DOL) at the Daily OB 1.08500. The m15 shows the smaller price action of what could happen early to mid next week.
XAUUSD Gold trend lines, support and resistance level slings over a 4H fibonacci grid analysis preceding my price forecast strokes for the last quarter. A year away from my best trading day so far (23.09.29), I think I should have been posting my analysis way earlier. With great power comes great responsibility. Trade responsibly. OAK
A quick look at the look at the price action history of Bluzelle suggests that the impressive run up since midsummer has come to end ... but I've been wrong before, so I welcome your tough questions. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best, right? As always, I strive to render these ideas of...
5 trading days to go before the close of the month... which means this last bearish candle that broke the current uptrend can still reverse... let's wait and see.. but currently it is quite bearish... adding the doji that occurred at the .618 Fibonacci retracement level (in red), the RSI not even reaching 60 before reversing and the MACD histogram starting to...
The Akro retracted to 50% Fib, where an intersection happens with a Daily Support level, and an upward trend line. I believe that the upward trend will hold, and eventually will surpass the last high.
Bare with my ta abilities... POC and 50% Fib being vs overnight money? Would like to see if retail can push above this No suggestion. DYOR.