OILUSD has reached a fib level retracement back into 50% - 61.8% support zones. This is a strong BUY opportunity, with great upside potential back to previous ALL TIME HIGH of $130.00. The 127% is a future Target for a NEW high. And if price push pass there, we could see price reach the 161% fib target 2. Now, is the best time to get into position.
This is my latest analysis for BTCUSD. We all know we just reached our previous high again of SWB:69K this month. Well, BTCUSD still have room to move. Right now we've reached a NEW high a little over $70k. BTC can continue to push for $80k or we can pullback for a retracement before we move to our ultimate target of $100k. I'm not saying $100k is the last...
This is my outlook on BTCUSD. Using supply and demand and fib as strong confluence, we can see BTCUSD play out perfectly from the 3mth timeframe. Top down analysis shows the exact same play. Patience is going to be in your favor in order for price to do what it needs to do before this next bull run. LONGTERM I'm very bullish on BTCUSD.
META has currently fell from it's All Time High to form a new Lower Low. The pullback is a healthy pullback forming at ABCD pattern. We have the initial High point which is our A then the fall to the Lower Low which is our B. Our C point could be represented by the current pullback that made a new Lower High. IF price does not break that last swing high, then we...
Mana has pulled back into the GOLDEN zone areas of 50%-71% fib support levels. If we hold these strong levels of support/floor, we could potentially see our next push up to test previous highs of $5.50 again to the 161.8 fib resistance of $7. Currently price is at $4.90 which is a great buy in price. Targets are set from fib levels resistance zones. First...
Shib is looking real good for the retracement. Long as we can hold the Golden Zones, we could see a potential bounce to the 127/161 fib extensions. That can be an easy 90-150 percent return if you're buying in at the GOLDEN ZONES levels listed in the picture. I would personally watch price as it reached the zones, then if respected add to my positions. I would...
This is my prediction on GOLD. I'M currently bullish on GOLD for longterm play. From doing a top down analysis, starting with the Monthly timeframe, GOLD is above 200 EMA which is a strong indication that we're still bullish for longterm. Now, obviously you can't just go off of that. So, other factors are market structure, as you can see I broke that down on my...
My BTCUSD idea... if we get a WEEKLY/MONTHLY close above $11,000-$11,4500, I believe we could see $13k-$20k before year end or as early as 2021. Fib levels are following trend as you can, A retracement back to the 61.8%, so its not far fetch to hit $20k when our fib ext 161 is over $20k +. But just wanted to share my idea, feel free to leave comment and your prediction.
Gold, is bullish on TF DAILY , I'm looking for entry for a potential long opp to $1800.00. All indicatioons shows buyers are here and ready to play. Price is above 200 EMA, price is above cloud, theres momentum in the market, which is identified by flat bottom blue candles. BUT be aware price actioon is KEY and the market can do what the market wants to do. So,...
Here is my mark up of BTCUSD. Top down analysis from DAILY TF shows BTCUSD wanting to come down. Use levels shown in picture for breakout entries. Obviously, price action is KEY and BTCUSD will do what it want. So, the layout can help you for SELL opps or BUY opps. But as of now my bias is looking for a SELL. The black line Rep my 200 EMA, and you can use the...
Gold has been ranging in this channel for some time now. It finally got that push out of the channel, and now its in a pullback for a retest. A conservative entry would be above friday high, a more aggressive entry with a lower buy in price would be in the yellow zone for the fib levels 50=61.8. I'm going long up to 1760 and if we break and close above that, my...
This is only my prediction, I advised you to do your own. Trading is risky, so please do not take this, as giving you advice about a potential trade setup. So, as always I PERSONALLY start from the Monthly, Weekly, 4hr TIMEFRAMES to get a better view of what's really going on. Right now OIL is at a key SUPPORT LEVEL. So, many may have reasons to go LONG, which I...
Price is approaching Monthly 50 fib level on correction. Looking to go short once correction is completed. Overall trend is a strong downtrend on higher timeframe. So, if you go long, get your pips and dip. Look for longterm SELL setup thats approaching. Structure was built from Monthly TF down to 1hr TF. Monthly, Weekly, and 4hr, is an overall downtrend. We're...
