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EURUSD BuyHello traders, lets take a look at EURUSD. It's clear as day that EURUSD is on a bearish movement, but you can see that there was a break of structure. I want to see price go up to the 50 % on the fibonacci then fall back down to the imbalance candle which is the color purple rectangle and rise up to three potential take profits. If you agree please give this idea a like and give me a follow ***Please trade responsibly, all trades are risky. Do NOT over leverage on any trades***
Long
by rubensanalysis
LTCUSD Long?The Fibonacci on the left tells me that price retraced the "resistance" up to 50%. The Fibonnaci on the right tells me that (based off the new potential support zone) that price should retrace up to the "new resistance" anywhere between 50-61.8% or more. Let's see that happens. I use the 50% - 61.80% for me because price moves three ways and i never feel like it'll retrace 100% off of a support or resistance zone. I have price at least reaching $168 and hopefully that's a new support zone to continue its upside movement. What do you think?
COINBASE:LTCUSDLong
by Redimere_91
AUDCHF 4HR TIMEFRAME Market Structure: BULLISH I am looking for buy setups on the 4hr for AUDCHF. Ascending Channel pattern is happening on the 4HR chart. Since market structure is bullish I'm looking for Buy setups. This looks like it may take a while until structure fully breaks towards the upside. However, if it breaks towards the downside of the Ascending Channel, I'm looking for a rejection, and a sell candle closing under the pink line. TPS Are labeled on the blue lines. Always place SL under where price broke structure. REMINDER: Always take profit/partial profit at TP1. Price majority of the time rejects after TP1, goes toward entry, then back to smashing the TPS.
by JOAxAgyeman
ETH/USD Short?Downtrend Fibonacci's: Yellow Fib: Resistance Zone to R/S Zone Blue Fib: Resistance Zone to Support Zone Uptrend Fibonacci's: Red Fib: R/S Zone to Resistance Zone Cyan Fib: Support Zone to Resistance Zone Analysis: I think ETH will lose its steam soon. In my eyes, price is currently testing the R/S Zone. The previous high wasn't broken. I believe price will reach the 61.80 to 100% on the Yellow Fib. If lucky, price will proceed to the 61.80/100% marks on the Blue Fib. I sold because price hit the 61.80/100% zones on both the cyan and the red Fib. Usually price either hits the 61.80 - 100% and retraces the previous trend. On the red Fib, price hit 100% and since it hit, price has been testing the support. I got in a little late but I have a good feeling about this. Strike Prices: (1324 - 1045)
KRAKEN:ETHUSDShort
by Redimere_91
BTC Longshot?Uptrend Fibonnacci's: Yellow Fib: Current Support to 2nd Resistance Zone Blue Fib: Current Support to 1st Resistance Zone Downtrend Fibonnacci's: Red Fib: 1st Resistance Zone to 2nd Support Zone Cyan Fib: 2nd Resistance Zone to 1st Support Zone Analysis: I hate to hop in on positions that are being highly discussed. On the last markup of my page I said that it will test the support in which it did. I also said that it could bounce back down to historic lows. It still could but I don't think the hype will calm down. Doge is on a hotstreak but BTC will still hold supreme in this era. Price is currently in the 1st support zone. Usually around this area, price either dips further or it bounces up right away. It's a matter of when at this point. As previously stated, price could also test the 2nd support zone before shooting back up to test the 1st or 2nd resistance zone. I hope it breaks the 40's and continue to go up. Im HODL I use the 61.80% & 100% spots of the Fib because I feel that those are key spots for retracements. Strike Prices: 36329 - 41801 within a week or 2.
BITSTAMP:BTCUSDLong
by Redimere_91