US Dollar hit this week from the Brexit headlines but now has a great entry to continue the re-test of previous highs. Have a tight stop loss so we can find another entry later when Brexit dies down (hopefully..) Bullish Confluences: - Possible bounce from 38.2% fib retracement - Price is on the neck-line of the inverse head and shoulder - Possible failed...
I have been looking for the bottom on this pair since the oil rally for the potential rise back up to re-test the highs. Although I've successfully swing traded this pair, I have been unsuccessful on finding the proper bullish view for the re-test to the highs. Bullish Confluences: - Double bottom - Potential inverse head and shoulder on D1/H4 - Trend-reversal on...
Looking for a bounce at this very heavy support, also a bullish divergence on 4H. 1st target will be a little bit after CAM R4. If this chart helped at all, leave a like or follow. I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA. DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your...
Rising Wedge on H1 was created last week and finally broke out today and bounced to a major resistance zone . Watch price action for possible bullish breakout or drop to S3 pivot . My view is short term sell scalp until S3 pivot and will closely watch the price action along that pivot . If this chart helped at all, leave a like or follow. I would love any...
Looking for a pull back tomorrow for NFP and then maybe a long entry as shown on the chart. Bearish confirmations: - Bounced off weekly S4 pivot - Bounced off head and shoulder neckline - Looking for a right shoulder to create for the daily inverse and shoulder that is forming on the daily timeframe If this chart helped at all, leave a like or follow. I...
Price hit the Cam S4 and the 0.786 Fib retracement. Expecting price to reach the 65 price level at Cam R3.
I use Camarilla and fib Pivot points for day trading but this is my first time using it on daily/weekly timeframe.I am buying BITFINEX:BTCUSD now with a stop just below S4 yearly cam pivot at 2800$ to try and avoid potential wicks.The 2014 S1 fib at about 190$ proved to be a good entry before the rally to the yearly Pivot in November 2015.My first target...
I am expecting a big pullback on DXY 0.68% before the december rate hike which means a re-test again of 1.150 for EURUSD -0.01% . I will be waiting for a pullback to CAM S3 before putting a long entry. Targets are CAM R3 or 1.150. If this chart helped at all, leave a like or follow. I would love any feedback/advice about my chart to correct any of my...
Not an expert, only a hobbyist, so this one may be a bit risky. The US midterm pushed USDCAD to a (possible) floor, Yearly Cam Pivot R3 AND Monthly Cam Pivot S3. I highlighted the areas of interest on the chart. My TP is at the next CAM Pivot. Seasonality and sentiment analysis agree (at the time of this posting).
Two Pitchforks, one bearish one from the former harmonic pattern and the bullish one from the new harmonic pattern. Point D of the new harmonic pattern turned exactly on the median of the orange pitchfork to the pip. the last red circle is another to the pip touch at an energy point of the lower parallel and Camarilla lines, very powerful, got an 80% chance to go...
The Camarilla pivots, are based on highest , lowest prices, and open & close price of market. In this case, btc, Lowest price( 2.00) and highest price(20000.00) of geral charts of prices btc, and closing & opening, im baseading in last month, JUNE, that are>>> Open=>> 7490.00 Close=>> 6380.00 (monthly candles) with resultings, in black lines support,...
7500 level was chosen for a reason. My thoughts are Month CAM (Camarilla) R3 retracement to go higher. Few other support shown, but a retracement to R3 is a normal move before going higher to 8500-9000 reason. Volume break on the H/S neckline was good and what you want to see for a sustainable move higher.
This is what I was waiting for. Now we revert to the 2017 close of 1.3500. $DXY $GLD $EURUSD
Target back at pitchfork top rail or Month CAM R3. $DXY $GLD $GDX
Backtest Weekly R3 here after rejecting Weekly R4 this morning. $AUDUSD $DXY $GLD $GDX
H/S bottom forming on a big support level. $ETHUSD $LTCUSD $BCHUSD
S3 Camarilla reversal and other good stuff. Initial TP at R3 then the top of the range near R4. Everything else before then is just a shakeout. I am considering shorting above $90-96 but its lack of volatility or any news makes it a bit slow paced compared to the new coins that don't work (although Litecoin has been abandoned so there's that) This is dependent on...
Hi everyone! This is a quick scalp to hopefully catch some bearish momentum purely based on technicals. This is just an idea!! Not advice! Good luck everyone!!!