iamberryrich

iamberryrich Updated 

so whats happening here is the feb retracement already hit the 50-60 zone, the resistance marked on the 4 hour candles are perfectly lined with the fibs and the rsi is in a good place for a sell it doesnt confirm 100% but there is a high probability. it can be a bit late but i think there is more ways to go down so what do you guys think

iamberryrich Updated 

this is a great sell opportunity by technical analysis it looks like the febonnacci and also the long term bullish trend is in its ending so this a great short opportunity for leveraged trading. what do you guys think.

iamberryrich Updated 

great short position by febonacci retracement and by 15 min RSI indicator what do you guys think there is a short position opportunity for leveraged trading.

iamberryrich Updated 

here what i did is short term trade. There reason for my long is it hasnt reached the febs 50-60 zone so there is a high probability it will reach there most people would look for a sell here but sometimes its better to trade with the banks.

iamberryrich Updated 

most of the time the best thing is to go with the trend its retesting so here we have a high probability of it going down.

iamberryrich

what i think here is there is a high probability that it will go down and back up or it will go just up wars if you put stop loss below the blue and tp on the range of the red area its a good trade u can either put now or wait.

iamberryrich

what we have here is the blue region which is a reversal zone for some period of time and we also have the yellow diagonal drawing. from here we can see that there will be a reversal here and will go down from here tot he take profit point. that's my analysis whats yours.

iamberryrich Updated 

so from this analysis we see here the yellow lines are 4hr resistance and support. what this together with the rsi of 1hr 4hr and 30min and the fibonnaci retracement helped me do is predict the trend of the chart. so most probably whats gonna happen here is we will see a bit bullish trend to the upside and then and bearish when it reaches the pink zone. it might...

iamberryrich

i marked up a resistance zone on the 4hr RSI and 4hr chart and its a good zone adding the fibs retracement for more confirmation and already looking bullish is a good sell position. what do you guys think.

iamberryrich Updated 

this is amazing support with great resistance and also rsi confirmation.

iamberryrich Updated 

the rsi is on the oversold area and the candlesticks have came to the support area.

iamberryrich

this is the ideal trade I look for. Fibonacci retracement and my support levels match which is a perfect trade set up. Managing your risk to reward ratio is a big factor guys. what do you guys think

iamberryrich

hello guys this is a mark up I just did what do you guys think of this analysis. It could be a good one if we manage our risk to reward.

iamberryrich

check this out guys great support zone for a buy. It has came back up couple of times from this zone by managing our profits and losses its a great trade. Follow and comment for such markups and good discussions.

iamberryrich

its good to trade by managing your close profit and loss, although this position has a potential to hit the target. what do you guys think comment and follow for discussions and chart mark ups.

iamberryrich

Great support zone for a sell. what do you guys think comment and follow for discussions and chart mark ups.

iamberryrich

waiting for a push to the support area and then a good buying opportunity. I am waiting for it to be oversold and then waiting for it to shoot up guys. its good to wait for buying candle stick signals before buying and also managing your risk and take profit. what do you guys think comment and follow for discussions and chart mark ups.

iamberryrich

Look at this trade guys amazing confirmations from support and resistance, chart markup and Fibonacci retracement. What do you guys think let me know, and follow for more discussions like this friends and family.