The NZD is strong according to livecharts.co.uk and the DXY is weak right now. It is asia session. NZD is reaching former highs and there is a daily resistance level around .63936 I am using for a TP and there is a RBR around .67700 that I am using for a stop. Entered Market Execution. TP is also at a 1.618 Fib Extension off current move. Drawn from around .66919...
TLGT on the 15 minute chart in order to watch it move.
I see a rounding bottom, but I swear I just see that everywhere nowadays.
The fibs, retracement as well as trend-based extension, show a range of PT's above 1.44.
Seems a good PT range is 1.54 -1.62 for lower end, and up to 1.70 for higher end.
Anything beyond those levels will require quite a bit of...
After an inside week, $EA looks to be consolidating for an upward move. Resistance above shown at 147.36 and Fib extension level above at 151.66. I would like to see a close over $143.55 for entry, that level has not been able to hold on the daily.
Bullflag pattern has formed. Fib extension levels provided ( i hope i'm doing this right any tips appreciated ~ learning) 0.77 strong LR uptrend. Volume can be seen to be declining. Daily chart!
Waiting for a double top at 0.91700. Pitchfork is active working great. higher timeframe is down fib extension 127.20 is only 10 pips from the last major top. simple but clear and easy to understand.
The weekly and daily are both way over extended. It is also way over extended from monthly bollinger bands (see TDI turned into price currently here on monthly). We can get a running flat here, but if it goes down to break the low that could take us to the 13.00 level possibly. At a potential reversal spot now. But keep in mind this is the monthly chart.
(Here's the chart with higher quality)
Playing around with Fib Extensions /// Used 3 Key Fib Extensions /// Got that overlapping of the 1.272 level...
When I got the first two 1.272 overlapping level from Fib Extensions A and B I thought "wtf? this is peculiar...". Then I draw the last Fib Extension (c) and when that 1.272 level overlapped the two first one...
Zcoin XZC 30m
The 3L-R reversal is a four-bar pattern and it means three lows (3L) followed by a reversal (R).
The main characteristics of this reversal chart pattern are the three consecutive lower low candles. The high price of these three particular candles doesn’t matter; the only thing that matter is that each low is lower than the prior low.
The fourth bar...
Here are a couple of ideas for long entries:
1. Look for some bullish relief around 5200-5300 on the daily. The 1.0 fib exts of 6/7-6/19 & 6/20-6/25 are showing confluence, so look for a reversal there.
2. For the larger trend, the 1.0 fib exts on both the W & the D charts are showing confluence in the 4800-4900 area, indicating a reversal area.
Here we have a possible Elliott Wave count on the 4h chart where ETH is currently in the C wave of an ongoing ABC correction. ETH going above the swing high from wave 5 (830 level) or the even 725 level might confirm the end of the correction and the start of a new impulse wave.
Fib extension levels of wave A are shown by the dark orange levels. Fib retracement...
In a previous idea, BTCUSD-Where-will-a-retrace-happen/ , a 1.0 Fib Extension was indicating that a reversal could occur near 6250. While the price action briefly looked like the sharp beginning of a bounce, the rise was quickly overwhelmed by bearish pressure, and I think a little bit more time will completely invalidate this swing idea.
So, what's next? Since...
Carolyn Boroden's book Fibonacci Trading has a chapter on using symmetry and fib extensions to establish a trade setup. So, let's try it on recent BTCUSD price action.
Carolyn Boroden's book Fibonacci Trading has a chapter on using symmetry and fib extensions to establish a trade setup. So, I'm making some notes on recent BTCUSD price action.
![TRXUSD: TRX (TRON) growth [logscale] forecast for the next year](https://s3.tradingview.com/t/tZ56Geae_mid.png "TRX (TRON) growth [logscale] forecast for the next year")
