Price had a a strong bullish sentiment after making higher lows and breaks in market structure. We see clear higher highs followed by higher lows. Further confirmation of Bullish momentum by the bullish engulfing we see in this candle. Whether or not it broke my Golden zone it’s definitely closed over the 61.8% Fibonacci extension. looking for a healthy...
Clear rejection off of 4hr resistance followed by bearish engulfing to confirm reversal. SL and TP indicated in the chart.
Multiple rejections off of the 4HR timeframe support. Looks promising for a scalp. SL TP indicated in the chart.
Support being tested multiple times (70% fib is the zone of support) if it closes below support. We can expect more distribution in the market as supply meets demand on the next key zone of support. If predictions are correct we would then see this as the finished portion of a correction as nas continues its never ending Upward trend . Haha. TP and SL indicated...
Massive bearish engulfing. Meets demand zone and no support or resistance . This is a MOMO play. TP and SL indicated in the chart.
Bearish Engulfing candle followed by small bullish engulfing gives clear sign of a pullback in place. Fibonacci extension shows price fighting to push through the Golden zone but Lower highs were made as well signaling some type of reversal. getting in on a sell position for a scalp. TP/SL indicated in chart
This is a VERY promising setup . Daily Timeframe is getting ready to close above daily resistance . Much greater confluence than any smaller time frame. 4hr is Great and Daily TF is exceptional. Daily Fibonacci shows potential retracement off of the Daily Golden Zone and 15 M Fibonacci drawn as well for tighter Entry and Stop Loss. TP/SL indicated in chart
Strong bounce off of the Golden Zone . Signals a confirmed uptrend and retracement . Waiting for Price to close ABOVE Resistance to confirm Resistance is now Support. TP and SL indicated in the chart
Potential play with buy limits set for a retracement off of the Fibonacci Golden Zone . Uptrend shows clearly bullish momentum. TP & SL indicated in the chart
Huge engulfing candle signals pullback. Pretty textbook move that can be an opportunity to go long buy catching the dip. Fibonacci drawn Golden zones for the 4HR and 15M time frames for a tighter entry and SL Buy limit / TP / SL indicated in chart
Caught a late play but still potential for profits as Bullish engulfing candle broke out and closed above Golden zone. Giving strong bullish signal. TP & SL indicated in chart.
As requested this Super hot Ticker AMC is potentially getting ready in the next few weeks to get MASSIVE demand in the markets. We have an Ascending Triangle (Bullish Sentiment) that shows Rising volume and Accumulation. When accumulation occurs this is Means for a HUGE move in the triangles direction. it’s also supported being in the Golden zone as its fighting...
Retracement off the fib shows good finding support on an overall uptrend to the Golden zone. Potential continuation would be more probable than a down sell. Putting a buy limit @1842 with SL just below the Golden zones support Level.
Quick upward trendline break. Supply and demand tight . engulfing candle from supply indicates potential zig zag between supply and demand zone . TP and SL are indicated on chart .
4HR TrendBroken / Under Resistance / Candle close under trendline confirms actual break . SL and TP positions indicated in chart
In my previous analysis of USDCHF i predicted a retracement at least to 50% of the Fibonacci extension using the Golden Zone as a major form of resistance now that support was previously broken . I’m entering two sell positions that were presented and await to see if they are profitable. SL & TP indicated in the charts
So GU broke the overall trend that it was supported by on the 4HR timeframe. Followed by a Bearish Engulfing candle we have a clear indication that demand will be met at the bottom of the 4 he support level. SL is scaled in on the 5m timeframe for tight stop loss . SL & TP levels indicated on the chart .