Hello Traders, Today USDJPY looks pretty bearish to me! We observe on Daily Chart, some important points. Thank you for reading and leave your comments if you like. Targets: #1 - 108.000 #2 - 107.000 Stop: 109.300
Now let's all agree.... to never be creative again.....
I am expecting the DOW to be in a corrective ABC Structure. Currently the Index is an a B Wave to the Upside which should find its end between the 50-61.8% retracement from the previous Top. We could also go up all the way to the 76.4% that is of course possible. Should we go over the 76.4% Retracement in one strech then this Count could turn out to be false. ...
Hello Traders Positioning around key price levels. What many traders call the premeditated aspect of trading. Here we have three different long orders placed around Fib. levels that also happen to be confluent with other major price levels. The tactical positioning of the orders can play a major role on the efficiency of each trade so you need to play out every...
EURAUD had a 120 pips spike on H1 CS, so usually when this kind of phenomenon happens, there'll be a relatively strong pull back either partial of CS or an entire pull back to the resistance where it broke through to test as a new support. However, I'll be looking for a buy opportunity in the box, if it bounces at that area for a double bottom on H1 chart. Not...
Follow Williams %R rules to enter original long a Price mostly above 50 ema creates a bullish bias b %R below -90 level for oversold market c %R crosses above -50 level for entry Williams %R Continuation Re-Entry Rules a Price stays above 50 ema b Pullback retracement makes %R to fall below -50 level c Re-Enter when %R crosses above -50 level Find appropriate...
The pair is trending in a down trend in daily timeframe. I'm looking for a retracement around blue box area where my profit collection is around 1.29485. bit above 0.5 fib retracement ponit to be safe, where as previous retracement touched 6.18 fib point. My Stoploss will be around 1.26238
Hello everyone! I hope you're well. Before we start, I want to make a quick intro again, I've changed my username to CyberStocks. I'm trying to take my tradingview account more seriously because I plan on building a brand and online business in the near future. I would like to inform my viewers before starting and cause unnecessary confusion. Alright now that's...
Merry Christmas Traders! We find SPY near the termination of a minor fifth subwave v of Intermediate wave (3), which in turn is part of a larger primary wave One. Primary Wave One should terminate near SPY ETF price 219 on/about 31 Dec 18, after a 28-day decline from 3 Dec wave origin. Chart describes constituent components of Primary Wave One, including a...
AFTER DRAWING A FIBONACCI RETRACEMENT I FOUND THAT USD/JPY HIT THE 0.618 RETRACEMENT LEVEL WHERE USD/JPY FOUND RESISTANCE AND CONTINUED IN A DOWNWARD DIRECTION. ADTER WAITING FOR A CONFIRMATION CANDLE USD/JPY CONTINUED IN A DOWNWARD DIRECTION.
As I have pointed out before, BTC likes to bounce at the .886-1.13 and the .618 retracement. Every retraced run has resulted in 100% accuracy of the predicted move within roughly 100pts of the retracement mark. The retracement for 2 runs ago gave a nice bottom pattern within 100pts, and now this leg up has come within 100pts of the .618. The strategy is to...
Popular momo runner setting a hammer-ish candle at the .707 retracement of its lifespan and also setting at the 20sma. Worth a watch for you low risk trade atm assuming no overnight gaps.
We touched heavy fib resistance 3 days ago and have received 2 red days since. Retracements plus projections. I am projecting that this is a heavy resistance level. If we can rally through this zone I expect to see prints near the 1.618 retracement level of the first major pullback. At these levels I am remaining delta #neutral.
EURCAD 61.80% Fibonacci Retracement, Sell
This is just an educational graph using Fibonacci Retracements.
Support in blue. Heading right for it, like a magnet. I expect it to continue the upwards trend after hanging out around the key support for a bit. What do YOU think?
AUDCAD Trendline Retracement - Fibonacci 61.80% Buy