To help better understand how to use Fibonacci Spirals when trading, I have decided to dedicate a topic about them. My quest here, is to consistently generate predictions using Fibonacci Spirals. I have only recently started to see a pattern and once I found it, I could somewhat consistently reproduce the same results, that is... visually. I could not however...
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AUD/NZD is so close to the best place where we can open a LONG entry.
I love such entries because risk-reward is good.
GOOD LUCK and take entry according to your balance.
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It is not the most perfect wedge, but it does have a support and resistance that is tested multiple times.
The bearish idea would fit in the downtrend on the weekly since august '18.
We're seeing some bearish movement right now so maybe it will break soon, while the wedge is closing in.
Keep an eye on it and thanks for reading!
For learning purposes for myself.
First time trying a long scalp in the range of this AUDNZD, expecting to try the resistance in this one.
I used the pretty tight stop en take profit as in the chart.
Thanks for reading and I would appreciate some feedback about your view.
Looks like the IBM shows us a bearish rising wedge.
Definitely something to look out for, let's keep an eye on it if it works and if yes how much drop we could expect. For now I expect some pullback to a support at approximately 115$.
Since I'm still learning I'm not trading this.
If you feel the same give me some feedback I'm glad to hear from you guys!
Give a...
EURUSD opens new trade on a new week. In a daily time-frame, EURUSD ready to ignites its run towards North. On a daily closing, continuous raise towards the one-month-old resistance yet to mark an Impulse formation with a small pullback twist from the Current price range. The rise towards north will highlight the 1.14529 before the pullback twist, later 1.14529 ...
TRADING STRATEGIC
BINANCE:ETCUSDT
Hi everyone, Lets get started! ETC has been trading in a descending channel for weeks, however, Today ETC is showing us enough strength for breaking resistance and move up again, im not saying it will be massive but I think its gonna be a nice swing trade set up if the conditions apply.
Chart Analysis:
-Chart Time frame: 4H...
NVDA showing sellers not happy with earnings growth announcement for GPU, however relates to trade war and slump in electronics.
This could be great bargain watch as GPU need for AI, self-driving cars, and many other high growth tech area's. Watch or short.
Sell or Hold, what's your thoughts? $138 sell for lower entry on DPO day chart. await LONG...
if you are going to be an ass just stay away, looking at the 4 hour will we see retest and climb?
could this be the next line of climb that xrp gives us? what are your thoughts and projections?https://www.tradingview.com/x/KtH2dAHK/
XRP isn't done yet as it seems.
Nice bull flag with 20% profit potential. I already bought at 0.26 but thinking of strengthening my position right now.
Any ideas on this? i'm a novice so feedback is most welcome.
I'm learning to trade to forgive me if i'm totally wrong.
To me this seems like a falling wedge, all the signs seem to point toward it.
Oktober has been a month where bitcoin turns around so i'm hoping to see this happen around 15th of oktober.
Also if we make one more lower low there will be a lot of shorting going on which can trigger a massive short squeeze...
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