EURUSD potential ButterflyIf the market extend and form a higher outside return, there is a Butterfly completion alongside a AB=CD completion at 1250. So far this pair provide us a lot of summetrical moves and maybe is going for one more.
Inversion
Long positions on USDCAD using fibonacci retracements.In this image we can observe the impulse the chart is having on 4h. Now just touching the -27 retracement we are waiting for the chart to move down a bit to enter a long position aming for 1.3143 level.
THE PULLBACK BREAKOUT TRADE | WITH RULES Just wanted to give an idea for possible trend continuation trades, All rules are on the chart.
All the best. Felix
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FIBONACCI CLUSTER TRADE: 1.618 INVERSION at STRUCTUREHey Traders,
as i walked through my pre market analysis, this setup caught my attention. I firstly identified the structure on the daily timeframe for a possible trend continuation to the downside. I then switched to a lower timeframe and identified the double top, with fibonacci confluence and bearish divergence on the rsi. We've got a retracement, an extension and an inversion.
This is just for educational purposes to show how fibonacci level can interact with structure.
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GERMAN DAX STRUCTURE SHORT: HIGH RISK TO REWARDThe DAX comes right back into the previous support zone which now should act as resistance. We got a 50% Retracement from the swing high and a 1.414 Fibonacci Inversion lining up perfectly at the outlined area. The RSI also shows that we are heavily overbought.
Good luck! Give me a Like if you want to see more of this.
BE PREPARED AT MARKET OPEN: GBPUSD WITH POTENTIAL BEARISH BAT!Hello Traders,
doing my weekend market analysis before market open I've found a nice potential bearish bat pattern on the 4h chart which perfectly lines up with the 1.618% Fibonacci inversion.
Stops and Targets as shown.
-Have a great last trading week before christmas. Felix
A completed example of how the Fib inversion workesA couple days ago I presented a potential fib inversion trade that we never made entry on. Here is an example on a lower time frame. We took this trade yesterday in the Syndicate. This is not a trade "idea" so to speak but rather an illustration of that the trade should look like.
Fib Inversion Setup on AUDUSDI have not posted here in a very long time but I know a lot of you have been asking me to start again. If you have a desire to see more from me here let me know.
