Still looking like an uptrend on the daily. However the lower time frames are looking bearish. Do we have a possible H&S forming? The top of the potential right shoulder lines up with the 0.382 FIB indicating further bearish movement If we get a break and retest of the right shoulder (also the 0 FIB) we could see a new downtrend and opportunities for shorts
Very bearish on higher timeframes If we get a pullback and rejection of 50MA, 0.382 FIB and the creation of a new lower high, would be looking for a short entry
Break of descending TL Wanting a new higher high and pullback and retest of the TL, 50MA and 0.382
Todays analysis – BATBTC – Retracing from a multi-month triangle formation breakout (as explored in previous BATBTC analysis - link down below) Points to consider: - S/R flip retest - Support confluence - 21 EMA visual guide - Oscillators over-extended - RSI bearish divergence - Declining Volume BATBTC needs to hold the probable S/R flip retest at...
Todays Analysis – VETUSDT – Ranging within support and resistance Points to consider: - Weekly resistance - S/R Flip - .382 Fibonacci Retracement - 21 EMA (visual guide) - Volume Climax - Oscillators Neutral VETUSDT is consolidating within structural support and double top resistance after putting in a successful S/R flip re-test. A long trade will be...
New here but I'm liking ULTA at the 382 fib and oversold on the daily RSI. Confirmation bias? Time will tell.
A strong reaction of the 38% fibo offering a long entry and a take profit of the next fibo speed fan. Analysis in terms of elliott waves is an ABC ZigZag long. Stop is at invalidation level
Hello, Looking to short GC at 1.738 - 1.74 area on 38 fib level and EMA bunch and descending TL. SL at BE at 50 pips TP1 - 1.7250 FINAL TP - 1.6860 - 1.6880 Use risk management according to your own strategy. Thanks
Hi James and Joe! Looking at the weekly Gold chart, you can see a big ascending channel has been forming on Gold. This shows gold is currently now in the uptrend in the big timeframe like weekly or monthly. However, in a smaller timeframe such as the daily chart, it shows gold is now in a small descending channel. Moreover, you can see 3 more bearish signs in...
**NO TRADE ACTIVE - Educational Post for Discussion*" Currently we see a bounce back forming with some more upwards potential. I Think it can reach the 0.382% lvl or max 0.618%
Cypher pattern on the GBPJPY where we are currently in consolidation, first target will be the 0.382 from the C-D leg with SL just below the 4hour pin bar at demand zone
we have a flag here i'm waiting a breakout it and go long or if come to 0.382 fibo level i will go long too . if gbp break the flag i guess we going to 1.3500 again if we break it gbp can go 1.3700 . what you think for gbpusd ?
- Rejection from 38.2 - Previous Support; NOW Resistance - Engulfing Candlestick H4; Confirmation of reversal - Follows Downtrend Pattern - Rejection off trend line
a pullback to the pervious level of resistance we look for it to test 3.82 fib atleast
Bullish channel respecting trend line that has tested on 5 occasions, upward momentum with retreat to the zone 38.2% of the Fibonacci, with a potential extension of the impulse in the area 127.2%, a total of 210 points up to the span of 17 days.
Litecoin appears to have started a downtrend here, same as pretty much everything else. Looking to short the .382 fib levels, rebuy in the golden pockets. Not financial advice, I may be completely wrong!
Gartley Pattern Targets based on 382 and 618 ratio of X-A's retracement.
LIACF is likely provider to TESLA for their batteries and 2h north of plant and founded in 2016, good TESLA timing for Lithium. They have cheapest mining processes and under pressure from market correction and headed to 0.35-0.39 from current price before hitting resistance. Looking at LIACF opportunity for entrance and solid 20-30% rebound vs BITFINEX:BTCUSD