Brake and retest of channel. on its way down after a rejection from daily fibonacci level. Had also a reversal pattern (head and shoulder) at a bid supply zone. It is in a big 5 elliot wave down-trend.
Hy dear Members hope you all are enjoying our ideas and Analysis. Now we are here to discuss about XAUUSD. XAUUSD Is forming channel and here it has maximum Chances that it will break to down side. And it can touch price level 1800. And let Suppose if it Breaks to Uper side it can Touch the Price level 1960. Keep in touch we will l update Further soon.
simple solutions are the most effective! Sometimes the simplest ones. You need just horizontal ray Recognize patterns, define zones, pay attention to the equal tops and bottoms of candles. Still hard? Help yourself with "EMA cross" or 25 / life with fibo and set s / d zones. amilerski@icloud.com If u want know more just drop me mail or msg here :)
A simple setup to take 80+ pips. Quick swing up n down :) quick break out FROMHnS (even double) and fibo zone and pivot trap. Stopping on a strong fib cluster. And quick bounce due to strong support and divergence RSI and MACD:) Pay attention when all of moving avarges is still above price.A but maybe I will be lucky :)
fter nearly 6 months of consolidation, we saw the bottom fakeout and the begining of the rising up of the Canadian currency. At the 66.7% fibo level, we saw the beginning of the start movement and the creating formation of the HnS pattern. At the moment, we expect a retest of the neckline and another drop down. If the market does not negate the pattern, we expect...
Zbliżamy się do bardzo ważnego wsparcia wynikającego z położenia wewnętrznego mierzenia 61,8% fibo ~ 33200. Warto pamiętać, że kolejny poziom 78,6% również będzie istotny z uwagi na cluster z projekcją FE 161,8%. Wydłużenie Fibonacciego (FE 161,8%) może utworzyć na rynku Bitcoina rozbudowaną korektę pędzącą, co przy tak rozgrzanym rynku jest bardzo prawdopodobne....
has gove out of a reversal zone, after a 5 eliot wave up trend. its, og its way down. - tuched fib 61.8 retrasement - tuched trend line
Self explanatory . we have a minor structure on h1 being broken so we could see price first grab liquidity on the supply level, break the support for short opportunity we shall be looking for long setup if price support the liquidity level of the daily support zone at 1.7100 Follow me for more setup!!!
After banking a TAKE PROFIT of 150 PIPS, we are going for a LONG position once again.🥳🎉 If you check related ideas ( last time I used geometry on charts ), we banked 185 PIPS. 🤯 So, I basically used the same strategy, but in a different way. 🔥 We've banked over 400 pips so far THIS WEEK, and we will keep the streak. 💥💥 Dont forget to show us some love by...
I haven't done an analysis recently, perhaps time I get back into it. Here's a "Geometric" technique I like to use. This chart features Weekly Bars. The Bars are colored 1 of 4 ways. Green = Bullish (HH and HL) Yellow = Inside (LH and HL) Blue = Engulfing (HH and LL) Red = Bearish (LH and LL). The paler red lines are Quarterly lines. The deeper red lines...
Experimental pattern derived from chart squared via Thales, drawn from the equilateral formed by unit circles. Hid the "work" layer since this chart will already be too much for most. Watching price action traverse this grid. Note the touch on opening price when back-testing pattern repeat. Not trading advice.