SPY on the weekly chart is obviously in a long downtrend. Using the up trend from the Covid Crash to all-time highs the first week of January and then a retracement, price is presently between the 0.382 and 0.5 Fibonacci levels for the past two weeks with big range downward momentum candles seen. The Mass Index is in mid-range while on the MACD indicator the...
long time chart that has worked well during the last 2 years. feel like sharing so here ya go
Buy zone for google in my opinion is approaching. There's a gap fill to fill right around 100-98$. I have a buy set for 99$. that would be -35% from the top. if it goes lower I'm fine with that ill keep DCA as it'll be a long term hold. google have spoken much going on and finger in so many different pies that its impossible for them not to see future growth in my...
Support at 1460 or 0/5 fib start from the June strait of the price down and is a strong level. If the support is broken, then the next target is 1280-1340 or 0.61 fib confuses only one moment If you look at the chart of eth / btc, the target for eth against bitcoin is 0.68 and 0.63, which is 0.5 and 0.61 fib. And whether it will be through the fall of the...
Shorting OANDA:CHFJPY at 141.859. Expecting price to drop to the 1.618 fib extension targets at 139.632. Use proper money management.
We have been inside this green triangle since 1915. The downtrend line has been tested a few times and this is the first year it actually went past it and recently came down for a retest. Hard to feel like inflation has peaked also considering oil is still in an uptrend and the Fed couldn't have been more hawkish in the last Powell's speech, so we may be up for a...
This is just a cleaned up chart from my analysis HERE. Trade logic summary: Cardano has been holding this ~$0.40 range for the past four months or so while making lower highs creating what appears to me to be a triangle. Using the triangle to estimate a time horizon for this trade, I'd expect a break out in one direction or another by the end of...
ETHUSD is about to drop. It's currently making a new lower high at the 61.8% Look for a move back to $1,000. LONG TERM SWING. This is not financial advice. This is for educational purposes.
BITCOIN - using log-FIB channel on weekly candle close BTC at the probably best risk / reward accumulation area IMO 🟢 Breaking below ~$17,000 and we would enter the pre-recession area 🔴 Bitcoin in a recession is unknown dear #Crypto Nation Likes, Comments & FOLLOW appreciated 🤗 *not financial advice do your own research before investing
BTC should produce a false break of support follow by a mini pump before the real drop. This is not financial advice. This is for educational purposes.
Usually when $DXY tanks, $BTC and other investment assets rise, but today is again diverging from the norm (2 or 3 time in the past days). What explains it? Perhaps the fact that $EUR is 🔺 up? A rebalancing of the currency books, perhaps? Or we're setting up for a fake out in during US open. Where are my currency experts at? The market seems to expect more...
Risky! The range of target and stop loss is specified in the chart FX:EURUSD
Hello fellow gold traders! ive been busy (not to say lazy) lately and did not publish, im gonna go abit hyperactive and make up for my absence ;) lets start where it should start and take a look at weekly, as you can see price hit the ATH of 2070 which was for a long time out of reach. and as expected, the volume on that candle equals the sum of all the volumes...
interesting point here--- the cap or volume is at 25 billion does that mean a bullish movement is about to take place has the market found a cushion or pillow to rest on---and were going towards an upward trend----because you know we had a downturn the last 9 months can bulls and bears manage to work together to a new high--- or will bulls fail. is the bear...
-GBPCHF has been bearish since 5 April (500 days) -We can clearly see how price reacted to FIBO channel levels. -So now if 2 lvl of FIBO channel break down , it will go down to 2.618 lvl of FIBO channel.
TSLA appears to be setting up a cup and handle formation on the daily chart. A measured move for this pattern would take price to new all time highs at 1290.43. A nice bottoming pattern was put in over the last few months, and a new bullish sequence has been in play. Short term target of 981.42 based on fib set up.
AMC Weekly measured target returns to heartline of overall uptrend in channel, as well as meets .886 on fibs exactly. See older post for Monthly time frame as this is also playing out.
You can open position with fib gann.How? find the top of bullish trend and draw a vertical line next draw a fib and draw some line from bottom of bullish trend to fib and vertical meeting point. Thank you for follow,boost and comment