putting fib extension levels over a larger fib speed resistance fan. daily TF log. Next few days GRT will break out of current channel even just laying still sideways. Pressure is on the bears to keep it to the lower half of the current channel. If sellers can't produce strong enough dumps, GRT shoots out the channel to the ceiling of the channel above which is...
due to my personal strategy with the combination of a fib extension retracement I highly believe price is going to drop
Wave 1 to 2 and 3 to 5 are both 1:1 fib extensions. Expect 0.618 as resistance levels. Channel range between 25800 and 33000. At moment 13 June 22 high is support and nPoc 26,850.
The chart shows Fibonacci extension levels, which started from Rs. 70 to Rs. 650. There was 78.6% retracement shown from the top to Rs. 190 level. The price is currently trading at Rs. 280, which can be taken as a buy point. The Fibonacci extension levels show the prospective exit points giving returns ranging from about 50% to 130%, depending on the on how long...
CURRENCYCOM:US30 As you can see , beautiful , Butterfly harmonic pattern is done It's a bearish pattern , Market now after completion of D leg , now intent to do a 38.2 % retracement it's a pattern with 70 % accuracy , market now in overbought position you can take your short trades and target for 33205 area Trade properly with risk management , don't...
DXY Double top and fib extension on downtrend. Target level as posted before, this as confluence, Fib Negative Extension -1 at 95.00 points and for confluence Expansion Fib Extension at 2. Interesting.
Bullish bias to the upside based on Fibs. 1st Impulse Fib retracement from Impulse low to high gave a breakout from 0.382. With a Fib extension 1:1 upside target of 24.1K. 2nd and current impulse Fib retracement from Impulse low to high giving a current possible breakout from 0.382. With a Fib extension 1:1 upside target of 28K. Also worth noting is swing low...
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
Tracking a possible Cup and Handle on SPX 15 min, Using a fib retracement and an extension we can see a crabwalk for most of today with a breakout up into the 4030 ish range within the next 24to 48 hours. Also a pretty big AM gap t fill between 4010-4020
Hi 👋 There are always two potentially predominant scenarios possible in the stock market – Bullish and Bearish . Most people involved in the stock market like to read and appreciate the positive side of the market, that is bullish . This is because they always ‘Buy’ and never sell. They don't even sell to take profit 😉 This idea is representing the bullish...
I am looking at trading the DAX today on the 4-hour time frame. Yesterday, we saw a major drop from the top of the daily resistance level. Price dropped around 2.5%. As we are still trending upwards and making higher highs and higher lows, we are now looking for an opportunity to go long. I have been testing a new strategy involving Bolinger bands, a fib...
This 1-day chart shows the Elliot Wave Theory with Fibonacci Extension Levels as well as charted support and resistance lines. March 8th, 2022 to March 19th, 2022 represents the first motive wave in the Elliot Wave Theory. March 19th, 2022 to April 18th 2022 represents the second motive wave Utilizing Bollinger Bands I recorded a breakout over the 20 day moving...
If this Weekly Level can hold and we get Follow Through Price Action then the level of the 1.13 Fibonacci Extension up at $4.35 would be our next Harmonic Target.
Hello traders,,, Today I will show you my idea about NEOBTC& NEOUSDT NEOBTC is now having a Gann trend support and it is really important that NEOBTC stays above this resistance or we might go back to old prices, if new could stay above this support (2 daily close) we might go to 0.000577 then 0.000599 and last target is 0.000682 If this scenario happened this...
we have some Fibonacci levels between projection and extensions and their confluences and combining them Price Action analysis will give us some better confident for longing the BAT. what do you think?
APE Coin looks like it's potentially going for a major Fibonacci Extension from here after Double Bottoming at the 61.8% Retracement and forming a 3 white soldiers on the daily the next move one could expect is a 1.618 Extension though I may want to take some profits at the 1.272 just to be safe.
The price formed a rising wedge. We expect the price going to break to the downside. We are looking for a retracement to a 50% fib zone of the Fibonacci extension. Target: 1.081 Entry: 1.114 S&L: 1.124