IOTA is currently sitting at the 1.272 PCZ of a Bullish Butterfly and this 1.272 extension happens to be the last positive Fibonacci Extension on the linear scale, meaning that this is probably the least risky area possible to buy IOTA and perhaps aim for much higher levels, even as high as 1–2 dollars. Given how tight the entry and price action are, I think as...
If we can close of the month above $86.33 this would help confirm our Bat harmonic here and one can say would be bullish for cloud and tech stocks in general - .886 retracement - previous range POC - 1.272 extension from the top - Bat harmonic - .75 speed fan
Since the beginning of the month, price action has continued to respect the bullish trend line identified in the 4H timeframe and we are hoping to catch one last bullish move if it finally happens. A significant breakout of key levels during the course of yesterday's trading session could probably be a signal for a trend continuation in the nearest future as long...
On 1h tf , btc is looking bearish and is also making a harmonic pattern, BTC can hit fib levels of 113 or 127.2 , so price might drop till 44100 to 43600. DYOR
LUNA has printed a bearish divergence on the 4h chart and is running into a brick wall at the 1.272 log fib retracement from May. I'm expecting a drop to around 30
It's all clear in the chart; Shorting at the 1.27 and targeting the 50 percent retrace for profit taking, stops above the high.
Over the last year a mystery has endured. Why does price respond to the 65% level? Internet searches provided no clues, just that it is a level that one should add to the default fib settings as price often finds this spot. Today, this mystery has been solved. The .65 and .35 are expressions of the relationship between the .236 and .382 and their mirrors, the .764...
This is a follow-up on my previous publication as we are yet to find a headway (see link below for reference purposes)... Recall, I mentioned in my last publication that we are in a long term uptrend situation on this pair. However, it appears the price is going through a corrective phase that might incite the much-expected rally in the nearest future. In this...
Follow up of previous video, the part that was muted where i talked about natural gas. 27.02.2021 Shout out to Miss S ***what i was was saying last minutes of the video. with the triple box set up. if it breaks and doubles lower it can close the gap lower or breakhigher and double higher. at the moment all i really see and say in an objective point of view...
something ive been working on, would very much appreciate your view on that,
We saw the price decline and move over 1,000pips in our direction since my last publication before the rally began during last week trading session (see link below for reference purposes). Despite the general perception that the USD is on the verge of a rally due to the sudden & rapid rise that appears to be running ahead of itself during last week trading...
''BUY MARKET ORDER'' Why buy? Bullish 1.272 extension Entry: 1.272 Stops: 1.618 (-2 PIPS) Target: B Comments: Moving stops to BE if we see a 61.8% retracement at 1.202xx Good luck to everyone buying Euro!
As price continues to respect bearish Trendline, Price hits key level @ 1.73500 area once again with tendencies of repeating the Bearish run that started on the 10th of Nov. 2020. This level which is also within 61.8% retracement of the last impulse leg gives more substance to my bearish bias with a projection of 127.2% extension. Tendency: Downtrend (...
After Price broke down 0.90000, we saw a rejection of this level last week with a high expectation of diving down.
weekly fibs show we are at a perfect level to turn around. All time high to 3k swing low fib we just hit the .786 3k swing low to 14k swing high is almost at the 1.272 ($16,741)
Since the price moved 250pips in our direction since my last publication on this pair; the USD/CAD gained downside momentum and is trying to settle below my Key zone at CAD1.3200. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand | Harmonic (AB = CD expectations) Observation: i. Breakdown of CAD1.32500 zone on the...
After completing an impulse and correction on the daily chart, I expect this pair to make another impulse and create a lower low. Considering that the pair is currently inside a resistance area with strong market structure and Fibonacci confluence, it is a good time to monitor price action development on lower time frames to find a good entry. A good swing target...