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Fibs

SWEPT GOLDEN POCKET, BULL DIV ON 4H, BREAKOUT TOWARD 32K I am long on this sweep that formed a 4H bull div, and pixel tapped the golden pocket. Would like to shave a bit of profit at my $30.5k level, reload some more on one of the higher lows, then hold the position to $32k and possibly reduce, then add again on a higher low before we rip above $32k. If my strategy here fails the next level I will be watching to go long is the HKEX:28 ,750 level and the HKEX:28 ,250 level. One thing for certain, is once we're trending to break that $32k level, I really want to be long as it looks like all air until $37k.
Long
by taztrader
BUY OPPORTUNITY ON GBPJPYif you're interested in this trade; wait for an indication of rejection on the golden levels of the fib. if it rejected the 50 with bullish wick candle. place your SL on the 61 level or right below. If drops down to the 61 then rejects with a like bullish wick candle. we can place the SL 20 pips below the 61 level. once you're in be patient & take that buy up to 169 area. we can expect to get an entry around London & take it all the way up. follow me for more trades. i will be posting more. & also check out my previous ideas for accuracy
Long
by YDILLC
BTC | AIM 32K! So, imagine you're a sniper, carefully eyeing your target through your scope. Suddenly, you notice something strange - the movements of your target seem to be following a pattern! You take a closer look and realize it's the Fibonacci sequence! As any savvy sniper knows, Fibonacci retracements can be a handy tool in trading. So you whip out your Fibonacci tool (which, for the record, looks a lot like a ruler with some fancy numbers on it), and start drawing your lines. You carefully calculate your entry and exit points, making sure to account for all the Fibonacci levels. And then, just as you're about to pull the trigger (on your trade, of course), your target moves - just like the sequence predicted! You adjust your aim slightly, recalculating your Fibonacci levels on the fly. And then, with a steady hand and a calm mind, you take the shot. The market reacts with a satisfying ka-ching, and you walk away with a tidy profit. As you pack up your gear and head off into the sunset, you can't help but think: "Sniping is all about precision and timing - just like trading with Fibonacci retracements!
Long
by xuk1
5
Fibonacci Trick for measuring Risk to Reward RatioIf you don't use your fibb tool much, (save your settings as a template first if you do) or for just a quick check to see if there is enough reward for the risk in the trade, you can set up your Fibonacci in increments of 1 (2.5 is 1:1.5) Do this as far as you like. You can extend lines left or right to check if the R Ratio you are looking for will fit this market structure, or if you should wait for a better set up. I happen to see this in a YouTube video, and thought it was very interesting and more than useful... The settings are as follows : 0 - loss/stop loss price 1 - 1 unit of risk (100 percent) 2 - 1 unit of risk plus 1 unit of reward (1:1) 2.5 - 1 unit of risk, 1.5 unit reward (1:1.5) 3 - 1 unit of risk, 2 unit reward (1:2) ..... and so on. Then just save it as a template for quick set up later -- Example of use 6 (600 percent) is 1:5. Just subtract 1 for the risk and the remaining is the reward ratio. Each 100 percent mark is a single unit of risk (-1) In MT4 its much better to see it directly, as you can label the levels how you wish (using the same formula)
Education
by ForexStoryteller
1
NVIDIA | NVDA | STOCK | DECRYPTERS Hi people Welcome to Team Decrypters Decent Short opportunity on NVIDA STOCK --Head & Shoulder Pattern Break out and Target completed . --Price is Supported by All Major EMAS. --A down ward channel Break Down And GAP filled. --After a Strong upward movement Price should reject from Multi year Trend line. --A Potential Retracement Short should ATLEAST play From Resistance levels. -Price is overall Supported by All MAJOR EMAS. --Potential Double Top formation. Note :- Nasdaq Should Retrace so will the stock , A Setup Should be traded with Confirmation Only
NASDAQ:NVDAShort
by DECRYPTERS
ROSE targets above Rose/Usdt #ROSE #roseusdtHere we see our Rose 3 day chart .You can see that dark blue 200 MA line above us near .1472 and I think that's definitely a target we'll be going towards soon . But if we follow FET and break over that dark blue 200 MA then what are the targets above there ? Because we're going to look for the possible top of this run . Well, for that we have to look at our fib lines . That's our fibonacci lines . These are often an area that gets revisited on any altcoin chart . And for ROSE tether pair we can see to the right hand side of the chart there are some dotted lines and those are next to the probable target price areas . First target is the .618 fib near 38 cents . If other altcoins are running up to these levels then we can expect to probably see Rose go up there too . Next target is the .65 fib near 40 cents - this .65 fib is called "The Golden Fib " and could definitely be a top target . The last target for now and possible top could be the .706 fib near 43 cents - this .706 fib is often thought of as a reversal area as well . So if our possible alt run continues then we could look for these targets . At this point most people think Bitcoin bottom was in back in November and that the market is going back up - at least for awhile . Let's see .
Long
by shimmeringpath
6
BTC-USDT Long Term Perspective leading to bottom of bear marketThis chart has been saved now for a month since I noticed the correlation and started suggesting we could see the move start to play out and it has now started the first leg of the run down which correlates right around this March 20th spring equinox, which all adds up to the fibs in the charts. Fib cirlces is not a metric I see many people mess with, but I have found in all of my relative experience that anything fib related seems to be some of the most accurate measuring units, whether its simple fib retracements/extensions, or more advanced metrics such as circles, channels, wedges, etc. which I assume has to do with the fact that fibs in general are based off the mathematical idea of fib sequencing which is based off of real life patterns seen amongst all things in the natural world. This is also why I like to give fibs the benefit of the doubt more often than not due to the fact that I personally believe anything that can be seen in nature with the high volume we see fibs for example, has to have some bearing when compared to charting, which we all know is based highly off of raw human emotion, therefore giving this chart the respect I have since noticing the pattern. I believe we will see more downside, and I do believe we will bottom right around 9.5 as there again is correlation, once again finding 3 specific points of confluence, just as noted with this last drop in the market that started the last 24 hours and is still playing out. We will see bounces that serve as more bear market relief rallys, but that is all these small points of upward movements are. Therefore is you are a long term style investor, that information would suggest waiting for more downside before DCAing into your position, or however you prefer to invest. And for those of us who daytrade, swing trade, scalp, etc. know that this will not go straight down but will crab as usual, with waterfall drops playing out during the continued downside, which I give until the fall equinox this year. Therefore, expect the bottom to play out in the fall sometime, before we finally see sustainable higher highs, etc. I will update weekly, but wanted to start by giving a brief macro synopsis, and apologize to anyone who finds this informative that I did not publish this sooner. I am just now learning how to do all this publishing stuff and so bare with me, no pun intended.. lol. but seriously, I am sorry as I have been posting non stop now in the chat for a month and just hope there was at least one person I helped either to make money, or refrain which in return helped them from losing money, which I have learned in my short career of trading for a living, that more times than not, saving money by not entering has been so crucial, often times way more so than that big trade that realistically only happens a couple times a month. The majority of doing this for a living is having the patience to wait for these solid moves, which I wish I knew when I first started. (that and the fact that any type of larger leverage will be your death) - Learn to trade with 5x or less and thank me later. Anyways, back to the point, I will upload as much as needed for hopefully anyone looking to get into trading, or more specifically interested in BTC, I hope my idea from here on out play as a beneficial piece to your success, and look forward to any criticism as that sharpens my skills, and of course questions or praise are gladly accepted. -Alex
by Alexander_Thaddeus
1
ETHThinking ETH will keep grinding higher while BTC corrects. If you watch ETH longs on Bitfinex you can clearly see that longs are at very low levels. While watching BTC longs on Bitfinex we can see that the trend is parabolic and bitcoin longs are just full ape mode. Would make sense as well since many alts are lagging the huge BTC move off the $15K lows. Unless you altcion bag has the words AI in their coin summary bio , well then you likely missed most of the Jan- Feb pump.
BITSTAMP:ETHUSDLong
by Big_Mike716