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Fibs

EURUSD: Likely To Correct This pair has had a decent bullish momentum as of lately; active long interest might come across as greed driven. Seemingly, the EUR bulls are looking to square off exposure, translating into an oversupplied market at least for a short-term correctional formation. The most prevalent scenarios are highlighted in the chart: bullish continuation in green and bearish reversal in red. A better understanding of the market dynamics will present itself as the EURUSD price action develops throughout the upcoming weeks. Staying tuned.
by Zoen_Trieste
3
Is This Our 2020 Top? BTC/USD #fibcircle #bitcoin #crypto #btcHere again is that pretty indicator called the fib circle - and see where the red pointing finger is ? That would seem to be the top of this move if I have my circle fit correctly .Because we would be coming to the edge of that pink Circle line and would normally follow the line down a bit at that point , into the next circle ( the purple one ). I think this Circle fits quite well but you never know . Bitcoin can be extremely volatile and some people are calling for 13k or 14k . That is always possible but we also hit that TD Seq9 in green on our candlesticks and that usually means we will see retrace or downside . We should know within a week if this fib circle will actually hold or not . Also remember there is a CME futures gap below us around 96xx
BITFINEX:BTCUSD
by shimmeringpath
EURGBP: S-BAR Technical Analysis (Just My Thoughts) 07/18/2020What's up people? Hope you all have/had a great weekend. This is NOT ADVICE - just what I see. SITUATION: D, 4H, 1H, & 15M in Uptrend BACKGROUND: Been in an uptrend for quite some time. ASSESSMENT: - Market Structure (zone - I like zones) HL - sitting at $0.90643 and $0.90574 & New HH sitting at $0.91349 - Retraced to 61.80% FIB Level AND potential ABCD Pattern forming - Counter Trend Lines Up Nicely: Once Candle Cross Counter Trend-line, Looking To Enter after 1st Candle Closes Above Counter Trend Line - Above 50 EMA - Waiting for Price Action aka Candlesticks to tell the rest of the story to determine entering for a "BUY": Look for that SNIPER ENTRY (Buy Limit) - Projected "Pull Back" to Fib Extension: -27.6% - Projected PIPS: 50 - 60 RESULTS: Pending
Long
by TarioD
USDDKK: Long opportunityFor some reason it won't let me draw trend lines on the RSI band. Looking to play off the bullish divergence established on the daily. There is decent support at the green line, which offers a good risk to reward. The overall trend is still downward, so I only plan to trade within the FIBS and take profits before the .382 or dead cat zone. Even if this range, the trade should still yield nice profits, as the final target is still over 1%. Don't get greedy without a take profit or trailing stop, it could easily knife back down at strong resistance.
Long
by infbp22
Interesting buy opportunity for LTCUSDT, 1hThere is pretty strong support on S1 for LTCUSDT. Price tried to break it for 4 days and no luck. Now it can be an interesting buying opportunity at bullish MACD cross. 1st target - 44 2nd target - 45.5 Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting. This post and/or the script don’t provide any financial advice.
Long
by QuantNomad
3
Buying opportunity for BCHUSDT, 1HPrice have pretty strong support in Fibonacci Pivot Points. There is also pretty nice bullish cross on MACD. After that I expect price to turn and to go to R1 (~238), R2 levels (~244) Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting. This post and/or the script don’t provide any financial advice.
Long
by QuantNomad
1
Selling opportunity for USDCHF, 1hUSDCHF failed again to break the S1 Fibonacci level so we have a pretty strong resistance at this level. Now we have MACD bearish cross so it might be a pretty good short trade. 1st target level - S2 ~ 0.938 2nd target level - S3 ~ 0.934 Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting. This post and/or the script don’t provide any financial advice.
Short
by QuantNomad
1
Short-term buy opportunity for BTCUSDTIt seems like we have nice support on S3 for BTCUSDT, 15m chart. Also RSI is relatively low and we have a cross for MACD below 0 line. So It seems like not bar long opportunity. After that price can go to 9300-9350 levels after that. Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting. This post and/or the script don’t provide any financial advice.
BLong
by QuantNomad
3
Pretty good long opportunity for USDCHFIt seems like we can have a good long trade opportunity for USDCHF. On the 1h chart, we have a pretty strong support on the Fibonacci S3 level. RSI is a bit oversold and we have a nice crossover on MACD. Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting. This post and/or the script don’t provide any financial advice.
Long
by QuantNomad
4
Are the Bulls back in force????!! BTCUSD... Good morning @everyone I hope everyone saw our announcement last night in regards to the open section of the Discord basically merging with the paid, exciting times ahead of us. As for BTC, yesterday I did mention that I was expecting some sort of pull back, where I'd be looking for a Fibonacci retracement , but happy to be wrong, we ended up pushing through that downtrend line without that pull back that I mentioned. This is now getting pretty interesting, there is an obvious target above at that level of Supply at 9600 and there are targets below, but the only thing that concerns me with expecting downwards movements from here is FOMO. The reason I say that is, the alt coin market is doing exceptionally well & some of that sentiment might be flowing into BTC for now, FOR NOW. So if I had to look at some price points above it would be that Supply at 9600, but if we do break down (which is the scenario our indicators are favoring) I'd be looking back around that 9200 level where our downtrend line is still drawn. I'm seeing a some overbought and bearish divergence levels forming on our indicators especially our homegrown Streamroller indicator. Prepare for both & trade safe
BITSTAMP:BTCUSD
by Unity-Trading-Group
1
A short term BTC play...Morning @everyone I hope everyone is well. A quick glance at BTC this morning and really confirming the existence of that downtrend line that we drew in last night on our live session. We found that the top of this move was at that 9390 mark where we were looking at this downtrend, ultimately making a LH in price action before coming down again. Our target for this move the to the downside was around that 50 Fib level and then hopefully that 61, where we'd wait for a decision to be made on the overall direction, whether we bounce and run back up to that trendline or, start to decend to that 8800 level that we've spoken about so much. Currently, I'm still looking towards that 50-61 retracement level for this move to continue, pending a close below that 38 of course. It seems unlikely to me that we will continue to push from here and break out of this downtrend, there is still low volume and of course volume is a major factor when looking at upwards momentum.
BITSTAMP:BTCUSD
by Unity-Trading-Group
US30 SELLHere is the us30 sell trade I will be looking at!! Here is where i think there be a good reversal candlestick trade! to get into a sell! SETUP!! Fib retracement below 800MA Good support and resistance!! Small trendline! The Dow Jones Industrial Average (DJIA) tracks the performance of 30 of the biggest companies in the US and is often used as a barometer for the overall performance of the country’s equity markets. The Dow chart is a useful measure of US economic health. Follow the Dow Jones live with the real-time chart and view the latest Dow forecasts, news and analysis. Key pivot points and support and resistance will help you trade the Dow Jones today and into the future. News Source! (Market Watch) U.S. stocks on Monday climbed sharply to start a holiday-shortened week in which upbeat economic data helped to overcome a reversal of reopening plans from a number of U.S. states amid the outbreak of COVID-19. The Dow Jones Industrial Average DJIA, +2.32% surged nearly 580 points, or 2.3%, at 25,596, powered predominantly by a gain in Boeing Co. BA, +14.39%, after U.S. air-safety regulators said they would begin key flight tests for the 737 MAX, representing a key milestone for the fleet that has been grounded for months. The S&P 500 index SPX, +1.46% rose 1.5% to 3,053, led by a 3.2% surge in industrials and a 2.1% rally in communication services. The technology laden Nasdaq Composite Index COMP, +1.19% lagged behind on the day, but finished up 1.2% at around 9,874. The gains for the stocks came as economic data continued to surprise to the upside, with a report on pending home sales in May spiking 44.3%, compared with April, according to the National Association of Realtors. That beat expectations of a 15% rise. Sales were still 5.1% lower compared against the same time last year. That data helped to overcome weekend data that showed that coronavirus cases world-wide topped 10 million and deaths surpassing 500,000. With the news source this could be a sign of a strength!
OANDA:US30USDShort
by theexchangefx
5
BTCUSD Possibility Here is my weekend analysis for BTCUSD I normally wouldn't trade at the weekend! but if this opportunity arises then I may take if there is a reversal pattern within my zone and the killer fib zone! on lower TF NEWS SOURCE (FORBES_) Trump’s Empty Bitcoin Threat; PayPal Prepping For Crypto Trading CRYPTO MARKETS Bitcoin had another calm week despite the expiration of nearly $1 billion worth of bitcoin options on Friday. Millennials remain confident that it will be a useful investment in the near term, with 44% of them in one survey saying they’re likely to buy bitcoin in the next five years and 47% trusting it more than big banks. But traditional investors like Jim Rogers are more reserved, believing that governments will not allow cryptocurrencies to survive and bitcoin’s value will “eventually become zero.” Bitcoin proponents like to point out its similarities with gold, but they’re lucky in this context it has some obvious differences, too. Its online decentralization makes it easy to transfer around the globe instantaneously, and transactions off exchanges can be untraceable. “Bottom line: it would be nearly impossible to censor bitcoin transactions,” says early bitcoiner Marshall Hayner. PAYPAL OPENING FOR BUSINESS PayPal PYPL and its subsidiary Venmo are reportedly gearing up to enable more than 300 million users to buy and sell cryptocurrencies directly from their platform in the next three months. The move would mark another reversal for PayPal after it backed out of Facebook’s Libra Foundation last fall. Its competitor Square’s Cash App already offers crypto transactions and has seen record downloads during the pandemic.
COINBASE:BTCUSDShort
by theexchangefx
VETUSDTI'm going to try this again(This may be completely invalid). It looks like VETUSDT has found a support around .0088 or somewhere within this range. Based off of the last drop we seen the price bounce off around .0076 VETUSDT and I believe that is a strong support. Hopefully this new support will hold for us assuming BTCUSDT continues at or around it's current exchange rate of $9,639.00 If Bitcoin makes another move up I believe we will bounce to the next leg up if we hold this level.
by Browb22