Retracement entry at EG for a short continuation Move .
Looking for quick 50% fib retracement at $ 78.00 area, supported by resistance and overbought bearish reversal.
This retracement after the bearish break may gives a great opportunity to enter for search new lows.
EURUSD at bottom of consolidation phase. Price just made made a 382 retracement followed by a 127 extension the lines up perfectly with a big historical support line. 6 long wicks trying to press through that support line with no closes below. I'm going to be looking for another 382 retracement.
On USD/CHF, price broke the previous high of 0.97623, to a higher high at 0.97890 before meeting some selling pressure. During this selling pressure, price was over extended on the stochastic indicator, and after a 2 candle pull back, I brought out the Fibonacci retracement tool to confirm that a retracement is occurring. So, I am currently looking for buying...
Bullish Uptrend on Monthly and Weekly charts. Good Intraday trade on Probable Bearish Reversal return to FIB levels. Retracement on Weekly is probable. ------------------------------------------------------------- Game Plan: Short Intraday Trades on Weekly Retracement back to Weekly MA/EMA line 21 50. If retracement happens then we will switch to Bullish and...
👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Short setup in BTCUSDT for scalping. Please refer to the details Stop loss, FVG(Supply Zone),open for take profit. BTCUSDT daily chart is in uptrend or ranging market, this is just a retracement trade idea and you could consider buy BTCUSDT after reaching the demand zone marked with a reversal to...
USDJPY has significantly dropped over the past 2 months by a follow up retracement on the broken supports. Here again the price ended the week by a strong impulse to the downside leaving the BOS fresh(unmitigated). probabaly price would gap or maybe even get to the imbalace zone depending on the technical and fundamental aspects that be take effect next week.
Bitcoin retraced from the big fall of bearish tossed up the wedge meets the strong resistance. Highest chance we will see the another biggest fall.. bitcoin was very close to hit 25K I don’t think we be able to hit it just yet.. but has to crash down after the retraced. Bet y’all made a decent money but time to sell it and pressure up. 17500 area isn’t a bottom...
Retracement during the day? The GBPUSD moved on a slow day upwards. Time to come back?
Hi Forex Traders, what are your thoughts on this? was thinking of a buy at the 0.38 fib retracement level im relatively new to this (6 months). Thanks :)
In this Fobo level, the retracement is a great opportunity to search price goes to the next support
After the break the retracement gives an opportunity to enter to search new lows
this retracement, makes a great resistence opportunity to search new lows.
This retracement after the 2nd impulse may gives opportunity to enter to reach new highs.
Hi guys, here is my analysis about OANDA:USDCAD . We can easyly see, thanks to a trendline, a strong bull impulse started in 19th October. At the moment the trendline has been broken by what I think is a normal retracement, we can see it thanks to a trendline too. The retracement toutched the SMA(200) in the 4H chart and the EMA(25) in the 1D day chart. These...