I'm using an inverted fib extension to find both ratio and structure confluence. This has been a very accurate form of technical analysis for me.
Analysis on #USDJPY Hello friends. ABCD pattern might complete soon at structure resistance level, also trend line resistance. if the price enter my zone at the structure level I will watch price action to get in a selling trader if this setup delivered value to you, like and comment Check today analysis below⠀ >>It’s not what we do once in a while that...
I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis up on #NZDJPY Hello friends. here we have the market closed 0.7800 and the market now might keep going up to test the resistance level where I will be looking for a sell trade and hee is why. If the...
THIS one is straight forward its a break of a support area and now it retraced and the supporter turned into a resister straight at the golden zone of Fibonacci retracement (61.8) and we are looking for a nice long sell
A Fib inversion, ABCD pattern, Bearish Bat all line up within the 4-hourly sell zone for this trend continuation setup. Trade Plan set up for me and will post to my subscribers. Tomorrow at 18:08hr we are going Facebook Live and go through 12 chart over with Harmonic Patterns and Structure Trading. Like our facebook and join us there.
Fibonacci inversion trading setup with 2:1 reward/risk. If market retest D point short the market. There is also absolute confluence between the 1.618% projection of AB and the 61.8% retracement of the impulse leg. With regards, Michail Sideris
As you can see in the chart there are potential trading setups in this pair. If you are not familiar with the fibonacci inversion trading setup I will update later this Idea with an educational post. As far market is trading below a significant level. Although technical analysis maybe justify a short position from that level. This is not part of my trading plan. I...
If we see price push down to the 618 area of the recent impulse leg up, this falls in the area of my Monthly key level which if rejected could see a move up to the weekly key level. We have the 1.414 of the fib inversion and the 1.27 of the fib extension lining up
Here are my Thoughts for the coming weeks. Lots of good Fibonacci confluence, to many levels lining up to be ignored imo. So to start we have some basic patterns forming Bullish Flag, we have had out impulse leg up and come back to the 382 retracement which lines up with previous structure resistance which could turn support. The flag could do a, a,b,c,d...
Firstly Looking at the Weekly and Daily Charts we have come into an Area of resistance. We have started to see a bit of a bearish move on the Daily, looking on the 4 hr we have a few levels lining up. We have had a 618 retracement, looking at the Fib Extension of the first impulse leg down and the Fib Inversion of the pull back. The 1.27 and 1.414 levels all...
We have a potential Fibonacci inversion setup on UsdCad which will complete @ 1.29518. This setup is a fib ext. ran from the B point up to the A point. You are then looking to sell the 1.618 level. Target 1 is the .618 Fibonacci retracement with target 2 being a 1.272 fib extension of the entire move. This is a great setup for trending markets that put in a...
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Hi there, Recently found this great trading opportunity in USD/CAD 1H, where Market is retracing after a good uptrend. The idea is, that we're looking for a market over extension at a 1.618 Fib. Inversion, in expectation that we're gonna see a move back into trend after price reach that level. Which happen to be at the same area with an ABCD pattern completion...
ABCD move + double top with RSI diversion usdjpy
On the yen we have a CTS type trade setting up wic can suit both aggressive as well as conservative traders. CTS Score Structure confirmed by the daily time frame in green. (2 points) AB=CD harmonic move Fib Ext 1.618, lining up with the AB=CD also linked with structure (3 points) Fib inversion 1.618 lining up with structure (2 Points) Entry Aggressive- limit...
This is something new that I am trying. Each day I will try to find an excellent risk reward opportunity trade and put it out for everyone. This is definitely one of those potential trades. NZD/JPY has a fib inversion trade setting up with a phenomenal risk reward. You got 3:1 on target #1 and 4:1 on target #2. Entries at 76.69's with stops above the structure on...