Fibonacci retracement reach 50% and touch the 38% put stop loss below .236% 52502.66 take profit at 1.618 59581.54 if you make money from this TA feel free to support, follow, share and like. DYOR not a financial advise. i am not a financial adviser. LET US MAKE SOME MONEY! weekly timeframe bullish. yesterday was a retracement now bulls are back. all the...
I advise caution by Sunday as we get to the top of our Fib level and moving averages begin to curl down. I only expect a correction and not a mega dump but taking longer time frame long positions at this time is not advised. Watch for total to break that Fib level at apprx 2.46 Trillion for conformation As always these are only ideas. Nothing to base your trades...
Hi all, We had a great breakout above the down trend and the neck line together, showing major sign of strength, however got rejected from the dangerous neck line. It's good that it was surpassed and now it's weakened. Downside target of a retracement and a retest of the down trend line happens to intersect with Fibonacci 0.382 at 49.600. If that is lost, we...
We've been waiting for this push on GOLD for a whole week now A push that takes price up into our sell zone 1777-1790. As soon as we get an entry signal we will enter short with stops above 1810 and targets below 1725! Those signals could be on the H1 timeframe as well! Market closing below 1756 will only confirm our idea, therefore we can add to our...
H4 time frame. Structure: The downtrend has been broken. Key level at 0.73200 was broken. Wait for the price retracement to confirm the uptrend on the 4-hour timeframe and then look for a buying opportunity with AUDUSD. The confluence between the 50-61 Fibonacci level and the 0.72400 and 0.72200 support levels is a potential price correction zone. The profit...
After completing the W4 wave I believe that this coin will start another impulse which is going to ascend until the next resistance.
Yesterday we looked at two different options to enter short on GOLD. There is still a higher probability that we will see another push up to 1780 and then a rejection. NFP is due tomorrow and that could be the beginning of the next move. Before that any trades will carry higher risk and they should be entered with less volume. We are monitoring the 1789 level...
we are now getting a correction to the EU bearish, here are possible points of possible reversal.
buy Audusd after it broken up trend line and it's retracement above key level AUDUSD TYPE : BUY TF : H2 ENTRY PRICE : 0.7290 STOP LOSS : 0.7235 (55PIPS) TAKE PROFIT : TP1: 0.7310 TP2: 0.7350 TP3: 0.7400 TP4: 0.7455
The live Bitcoin price today is $47.484,57 USD, -0,10% in the last 24h, with a 24-hour trading volume of $33.399.961.250 USD. Since the 20% correction of 7th September, BTC price found its support at 42.7k level and it is now already up 10%. After multiple times testing the support represented by the lower band of the Keltner channel, on 13th September price...
BTC Trade Idea Explained 10.5.21 Daily, 1hr, 5min explained. Structure, Smart Money, Imbalance, Institutional Move. Brette's question answered at the end.
Contract - CME_MINI:NQZ2021 - PR High: 14510.00 - PR Low: 14478.50 Evening Stats - Gap: = N/A - Session Open ATR: 236.66 - Volume: 41k - Open Int: 229k - Trend Grade: Neutral - From ATH: -7.5% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 15247 - Mid: 14676 - Short: 14103 Keep in mind this is not speculation or a prediction. Only a...
Important things to note: BTC retracting has started. I do not see BTC going past 46k. ADA chance for double bottom on 1D Double Bottom would produce a target of 2.62. This would smash the resistance level. Pattern would also create a cup for further targets. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. The BTC FOMO buying finally...
Hi Traders! The market is, on this Timeframe, in a Downtrend. In our view, there are two possible scenarios of how the market could move: It reaches the Weekly Resistance, then it turns back down --> Down It reaches the Weekly Resistance, retraces and shoots further up --> Up However, we have these technical factors which could affect the price: Weekly...
It is Monday early trading, but this might be a good opportunity according to the H4 chart for the short-term/daily move. The long term seems quite different though but a short-term retracement is more likely to happen. Note: The market was falling recently due to dollar strengthening. The only problem today is that it is Monday and volatility is not so high,...
USDJPY needs to retrace down first after the long wick candle, then it needs to fill the wick on the upper side.
On Friday we closed our short positions on EURUSD. Now, we expect a pullback to 1,1650 and from there, we will be looking for more selling opportunities. We will be watching out for a reversal candlestick formation in order to make an entry. This time our target will be price reaching and breaking below the previous low at 1,1563. We're not entering a trade at...