Here are the Fibonacci extensions that were drawn from the weekly timeframe.
We have crossed the 10% correction on Nas in rapid manner. The wise investor has a roadmap, doesnt blow their load in one go. Using an arc that originates at covid low and terminates at the oct 2018 high, intersecting a long term nas trendline that captures pre 2018 support. fib extensions of the spring/breakdown zone that we experienced between 15.5k and 16.7k...
Target Date and Price prediction using only Fibonaaci Timeline and Fibonacci Extension. First Target at intersection 0.618 Extension and Timeline on 1 hr Chart for 6 January 2022
NVDA complicated FIB game . I can do it many different ways but decided to play with Projections and extensions . So In general NVDA will face resistance at 200-202 will go down to 197,5-198 . then will go back to 204-205.5 . Then if QQQ and BTC hold it will continue its Prearnings run and after Earnings if it rip up will go high --everyone discussed this levels...
When you are just learning something I think it is best not to perform it on a live chart right away. You will most likely still be grasping concepts and run a high risk of failure and frustration. That being said, here are some basic applications of using Elliot wave measurements on something that's happening now. The 4 hour time frame is wide enough where you...
Trading Plan (extensions) ENTRY TECHNIQUE Visual interpretation of predefined set-up on chart (ABC) A price movement of 61.8% measured from B to C Pending limit order at 23.6% measured from B to C TRADE MANAGEMENT StopLoss: C TakeProfit: B Comment: Bearish Fibonacci extension appearing on chart. Stand by for confirmation Good luck to everyone trading USD/CAD!
This pattern first started once a week in November and has slowly developed into every other day, retail longs on the extended Euro Dollar have been pumping liquidity to short sellers. The following day usually has a nice pump and the lower lows and higher highs as the "uptrend" continues. Now that stimulus has passed I believe that more big sellers will begin to...
GBP/JPY broken fibonacci level=>extensions The last fibonacci zone is broken and we're heading to a fibonacci extension tot -62%. We could enter from a retest outer trendline 134.000 Take profits 136.000 and 139.00 Always risk 1-3 % of your captital
normally should stop at 161,8% or 200%, but because 200% break out, now monitoring: 261,8% 1660 323% 1665 423% 1674 (max possibility IMO) from the the rejection should drop 0.382% retracement
A solid currency trading strategy consists of entering a trade at the right place, having a stop that is properly calculated, and setting a reasonable profit target level that works time after time after time. Many newer traders set too ambitious profit targets expecting the trade to be "the big one" and hoping it will help offset the losses they have...
A solid currency trading strategy consists of entering a trade at the right place, having a stop that is properly calculated, and setting a reasonable profit target level that works time after time after time. Many newer traders set too ambitious profit targets expecting the trade to be "the big one" and hoping it will help offset the losses they have...
Fibonacci timezones and extensions are both very powerful tools when it comes down to finding out what time a bull market starts/ends and at what price range. The fib time zone 0.382 and 0.6 (highlighted as a vertical red and green color) is both used in order to identify the bottom of a bear market by taking previous lows onto bull run highs. This also allows you...
This chart corresponds to the third chart of our educational article "Impulsive Waves Construction - Part 3".
USD/CAD is about to reach the end of the X wave and it is common for it to retrace to .618 of the W Wave. I'm looking to short at 1.343 and I'm expecting price to reach the major trend line to finish up the Y wave. This is also going to have an effect on Eur/Cad. While USD/CAD has been moving up the X wave, EUR/Cad has been consolidation. Once Usd/Cad finishes...
Muitas realizações, mas IND continua em tendencia de alta, existem uma resistência entre 95200 e 95600 rompendo esse nível vai para 97900 depois para 101400 primeiro objetivo dessa tendência!
Hey tradomaniacs, welcome to another free signal! Important: This currency-par is very volatile and sometimes unpredictable! Make sure to trade with a decent money-management! ----------------------------- Type: Swingtrade Buy-Stop: 5,36806 Stop-Loss: 5,25977 Target 1: 5,550 Target 2: 5,66790 ----------------------------- LEAVE A LIKE AND A...
We have long targets for FX_IDC:USDJPY after breaking a falling wedge at the 1.272 and 1.618 extension, at the same time price targets for the falling wedge breakout meet pretty accurately within these ratios. You can even see price making its way back to the pullback after a throwback to the wedge´s upper trendline. These long strategy follows a major bullish...
Hi, checking back into Bitcoin. This is what I see. Clear resistance @6850 and @6900 and then @7000$ Depening on the volume assosiated with the bullbreak it can go up to @7200-7250. If everything goes well the next major resistance is 7800$ Have a great (trading) day. - Arc