KAVA is just at the end of a DESCENDING TRIANGLE which is normally a CONTINUATION pattern or BEARISH PATTERN. DAILY TF we are breaking to the upside, but if it does not complete it is a FAKE OUT and we will see a RETRACMENT. If it completes we have the targets as follows. ENTRY 5.7-6.0 TARGET 1 $6.5 TARGET 2 $7.1 TARGET 3 $7.5 TARGET 4 $8.2 TARGET 5 $9.50...
NZDCHF has formed a significant bearish engulfing on the 4 hour time frame. The bearish engulfing candle engulfed 4 previous candles and closed at 8am CST Friday. SL set at engulfing candle body high. TP set at 3X risk. Sell limit set at 50% retracement level.
Here is the summary of the indications: Market in a longterm Down-Channel Market now in Retracement Channel Market now at the Top of the longterm Down-Channel ----------- Hi Traders! The setup of this idea is that the big Trend of this pair is a downwards. As it has deep Pullbacks, it is a Downward Channel. Now we are in a Retracement Move, which is...
reaching channel top line and getting bad vibes from indicators and oscillators are signs of retracement for me . also there was no pull back for red line cross up . so i think it's about time for DOT to have a few bad days and complete a pull back .
BTC had a cross up a short Descending trend line and then a pull back, so, now I think it may go up to previous trend lines cross point it also fit with time fibo and retracement fibo
We have shifted from a bullish market into a bearish one . However, price has begun to lose momentum which suggests to me that a retracement is likely. We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again. Do you like the look of this chart? Please, support this post with a like and...
as forcasted Bitcoin is heading for the 1.618 and 3 fib intersection with possible 1.618 and 1.618 intersection (hot pink line) as bottom but it will be clear when bottom is cause volatility will heat up
We could see a retrace from around here at weekly H3 to L3 based on weekly camarilla pivots. this is invalidated by breaking above the H4 also worth mentioning we have both a 4hour AND daily TD9 sequential sell setup. I dont want to be the bad guy and I do think we can get a little more upside action. However with the current market overconfidence I do not...
EURUSD - Potential retracement following the shark pattern down to a previous strong OB and imbalance's that need to be filled before I'm looking to take EURUSD long again in the trend continuation! Price may not complete the shark so I alerts pending in between just incase!
If 59k was a key level and 64.5k was the midrange, i’m looking at 69.5k as a possible first stop. 70k is also a psychological level. We could even get a 66.5/67 > retrace to 64.5k midrange > blast off to 69.5k. This is inside the realm of possibilities. Good luck!
GBPUSD - Entered a short on the retraecmet, looking to complete this crab, fill the imbalance the potentially go long if targets are reached and PA confirms it! Whats your thoughts?
The pair has been on an uptrend recently and today being a Wednesday we look to sell on the retracement but later look for buys on the price indicated.
It ain't over till she sings. Overbought, again... gaps to fill near pivot price. More volatility incoming IMO. Trade with care!
NZDCHF has formed a significant bearish engulfing on the daily time frame Entry at the 50% retracement level has been perfectly rejected 3 times. The bearish engulfing candle engulfed 5 previous candles. The daily time frame bearish engulfing candle closed Wednesday. SL set above engulfing candle high. TP set at 3X risk.
I think there are big demand zones there, let'see what happens. There are also important fib retracement levels (0.382 and 0.236) of the entire rally. I am going to enter at 150 with target 330 for a 1:5 Risk-Reward trade
The Pfizer Inc. Stock has been in a sliding mode since August when it hit its all-time high at $51.84 per share. However, the slide was stopped yesterday from strong support 200-period Exponential moving average and 38.2 Fibo level, which prevented the stock from drifting lower. Overall, the stock continues to trade below the downside line taken from the high of...
AMD: Using fib retracement, after an impulsive move a pullback to the 0.5, 0.618, or 0.786 is very likely and healthy in an uptrend. ~ Golden cross happened on the 11th signaling the start of another uptrend. ~ on the 11th AMD did a similar but smaller sized impulse with a pullback to the 0.786. This helps visualize the theory of fib ~ RSI on the hourly has a lot...
Since end 10-2021 btcusd had a straight surge by almost 50% within a bullish mid term trend channel. Retracements were only minor, if any. But trading volume got lower on the way, bulls lost some power. For a healthy further upside, price should retest the last important levels to confirm the upside trend. It already went as low as 54.5k. BTC already tested the...