In the ever-evolving realm of cryptocurrency, where fortunes flicker like distant stars, Kava emerges once again, inviting traders on a fresh journey of potential gains and exhilarating market maneuvers. Picture the chart, a line of time etched with the memories of past movements. A channel, like a road leading to possibilities, draws our attention. It’s not just...
So i have used fib levels to determine my buy setup for tomorrow. FVG is very much present below 1945 mark -Many people would be at 1945 mark with Sl of 1940 -1939, but look at my fib level. Buy from discount price which is 1937-1938 and aim for 1963 as TP2. It can go further , but with Friday being slow and weird, i would stay out if i reached my target of...
In this trading idea, we will explore the potential shorting opportunity for LINK/USDT, driven by recent news-induced overbought conditions and strong over-extension from the TBO Fast Line. The confluence of factors, including resistance at previous TBO Resistance lines and the 0.236 Fibonacci level, presents a compelling trade setup. Reasons we are looking to...
This is me just practicing with an idea that is to be published. Though this is where I think my entry will be tomorrow, it's not advice. Again, this is me just practicing with the tools available to me on TV.
In the realm of crypto, Stellar claims its throne, XLM shines bright, a trade strategy to own. Fibs and channels, a flamboyant affair, Unleashing gains, with a confident flair. With parallel channels, we set the stage, A path to follow, as profits engage. Fibonacci's charm, in the 0.786 zone, Where the lower trendline beckons us to own. Stellar's dance of...
Though I already took this position last week, I forgot to share it with all of you here. But don't worry, the play is still active. What we had as a signal on the Alamos Gold or AGI ticker, is a play I adore to follow up with. We have a bounce out of previous high, which is sitting at 38.2% Fib level and it is currently breaking above the 50MA on the daily time...
looks like a text book 5 up channel extended wave 3 pattern with the target for wave 3 between the 786% of 2021 highs and as the 1.618 of the wave 1 fib extension.
CHN50 - 24h expiry - We look to Buy at 12570 (stop at 12490) We are trading at oversold extremes. Short term bias has turned positive. This is positive for sentiment and the uptrend has potential to return. We have a 61.8% Fibonacci pullback level of 12570 from 12244 to 13098. Preferred trade is to buy on dips. Our profit targets will be 12770 and 12810...
I have XLM finishing up a HTF long term wave 2 bottom here, wave 3 lands around $11
A recent pullback from the weekend uptrend has posed a perfect opportunity for a Bullish Gartley Harmonic pattern formation. Key levels to hold (B) 26,850. Move will be invalidated should we lose this level. Possible sell entry, 0.618 fib extension from (A) to (B) or even (C) to (B) .. C to B first for rejection. Gartley is not a sure indicator for price targets...
BTCUSDT - Price Analysis Week Ending 28 May 2023 Trading flat channel 26,300 low to 27,400. Nice breakout from middle of the channel, both flat and descending. Resistance levels - Massive daily (3d time frame) at 27,230 and nPoc at 27,300 as well as 0.618 resistance. - Weekly 27,572 - Point of control of visible range at 28k Support levels - Local support...
Support below 0.618 above Probable Macro Wave 4. Parallel channel for channel support resistance, fibs 0.618 above resistance, Bearish Gartley looking at a possible flat top Wave 5 otherwise 36k probable on breakout to the upside from previous highs.
Natural Gas prices have finally reversed on the FOREX markets after significant downtrends from a historical high. BOIL on the hourly chart has reversed a two-week downtrend and today has an increasing volume. Ir bounced off the lower Fibonacci levels and is looking to revert to the mean. Price was undervalued below the green fair value zone at the...
the big short to 1800 levels coming this summer or by end of year. After 2k breaks lots of levels on the Downside need filled. My ideal gold short entry would be around 2100 if dxy breaks 101 in the coming weeks. If dxy shows signs of life back to 103 and up then I’ll be in the gold short for the long haul from a 2xxx level. Enjoy
S&P retracement fibs! Personally I'm eyeing up the 0.618 at around 3200 but who knows 🤷
currently waiting for price to close above that structure shown on the chart. so far we have some good confirmations! uptrend, respecting of the fib, price action via retest on support. now once price close above we can look for buys all the way up to previous high.
after some possible sell confirmations, I may hop in for a SELL down to my potential BUY areas. ultimately GJ is on a up trend, so we're favoring BUYS for LONDON session. with patience will come good profits. we will wait for good bullish rejection candles in the golden areas of the fib via 50%,61%. Ideal setup would be a bullish rejection & a bullish engulfing...
Right now I am up 3K with this trade alone. If you check out my previous idea, you would see that it played out perfectly. Along with my EURAUD & XAUUSD trade idea. Follow me for more ideas using price action. I will be sending day trades & also some good swings. GJ,EA,GOLD & US30.