This is not financial advice. I expect MO to Fibonacci retrace to the golden pocket area (.618 - .65) and bounce off where we had previous resistance (a weekly and monthly level of significance). Placing buy laddered buy orders from 48.91 to 47.82 is my idea. There is a chance price dips below the .65 into the liquidation zones a bit below. Set your stop loss...
Golden ratios + Supply and demand. TP: 0.68109
We are under the 61.8% level for the 3rd day, so the close today is important to filter a break. A close underneath.. cover longs A close above.. stay long
Hi to all! As u can see, TRX had some very nice up, but correction is here! Price plays a lot out of Bollinger bands, so can expect a pullback. Also look at that nasty doji daily candle from yesterday. Yea, it is green, but that is very bearish candle with long up wick, RSI Bearish divergences + too overbought R:R isn't good because of that yesterday wick, but...
Even after Flash Crash that happens on Wednesday and Friday's NFP, EURUSD still on the bearish move. I will observe should there be a trading opportunity once the market has retrace to 61.8% for a shorting opportunity. Trade Ideas will then be shared to my subscribers. Subscribe to us now before the promotion runs out for good. Check out our Oct 2018 results...
Litecoin appears to have started a downtrend here, same as pretty much everything else. Looking to short the .382 fib levels, rebuy in the golden pockets. Not financial advice, I may be completely wrong!
AMZN stop loss broke... However, if your a trader, 9 times out of 10, you have to take that trade.
I believe we are in a falling wedge pattern which could potentially take us to 6.42 and coincides with the fib retracement( GOLDEN POCKET) between 0.618 and 0.65, the 200MA marks the end of the wedge and could be considered as strong support for this move upwards. Also there is strong hidden bullish divergence on MACD & RSI ... - Ofcourse we must not disregard a...
Alim için 0.017600'lü seviyeler beklenmekte... Hedef 1 ve 4 no.lu noktalarin kesisimi olan çizgi...
If we keep getting lower highs and neutral lows , It is likely/plausible that we might develop a bullish bias as long as we hold the 6k support line , its looking good gents if the 6k support line is broken we should continue a bearish bias/trend for a few more months more unfortunately
Trend continuation. I believe the bullish pullback is over and the long term downtrend should resume shortly. We are currently sitting at the golden Fibonacci ratio and the price is located towards the top of the pullback channel. We can see price testing the top of the channel more than 4 times indicating the buyers are getting exhausted and sellers are very...
- Breakout of parallel channel - Confluence: 61.8 fibonacci level rejection on H4 which happens to be my H4 resistance level (1.3210) - EMAs crossover with price action below supporting bearish bias - Bearish sentiment on sterling with uncertainty looming over brexit - Price seems to be heading back towards the 1.3000 psychological level - 60 pips target with 30 pips stop
OANDA:EURUSD Now threatening previous structure resistance, it's also the bullish alt bat pattern default first target, the 38% fib retracement. The inverted head and shoulders default projection will put the price at previous structure support forged last March 1st, positioned at 1.2164. The bearish deep crab pattern positioned at 161.8% extension on hold at...
Price broke lower bearish trend line resistance and rallied higher last week. The upside target for the breakout (marked with black arrows) hit and found selling interest, or likely profit-taking near the objective. Selling interest also came in as the next upper red bearish trend line was tested. Price is slipping lower and is likely to test the red 61.8%...
For XRPUSD look for consolidation between .50 and .60 and wait for a break either way... maybe above the top red trend line or the red 61.8% level to the downside. Buy stops likely placed above the red trend line or sell stops placed with a 61.8% Fibonacci break to the downside.
The head and shoulders didn't workout completely followed by a rise in price over de last days because course was following a rising wedge. Course is coming down and following my exception in two stages being a correction wave, ABC. Still very choppy and hard to make a sound TA. I remain bearish because our bigger picture is a falling wedge till beginning...
It seems to me that we may see some action around the 3rd, after we see the dip in the current Elliott wave of this cycle. I am a designer, and I have created a diamond diagonal grid pattern based on common angles of rise and fall. TRX is a frog preparing to leap, will we create a new (higher) bottom after the surge settles? I certainly hope so- and I have...