LONG EURO -TARGETS POINTED OUT -BULLISH HERE -ABC AND D IN PLAY -BOUNCE OFF FIB 0.618 RETRACEMENT -STRUGGLED RECENTELY IN A RANGE WHILST FINDING TREND
We have hit a stacked level of 3 months (grey) , 1 month (orange), and weekly (green) level of demand As a reaction off that level we have broken daily descending daily trendline (blue) we ave removed a valid daily level (blue) of supply and created a new ascending daily TL. Now we have a H4 (4 hour) level to go long This 4 hour level is the level that removed...
Two Bullish Gartley patterns: 1h 4h Negatives: Risk to Reward for 1st Trade: 1:0.44 Risk to Reward for 1st Trade: 1:0.9
This trade technically constitutes as calling a bottom (which I don't particularly like to do), although I have a few good reasons why I'll be taking this long trade. First and foremost, Copper is currently tuning away from the bottom of it's long term curved downtrend channel. Secondly, last week's candle was a fairly large hammer. Thirdly, Squeeze momentum is as...
Hi, guys. In this great trading opportunity I would like to share you my CTS. Hopefully this can give you a valuable insight and help you to add some more considerations to your trade plan. CTS : 1. Bat Pattern Completion (4 Pts) 2. ABCD Pattern Completion (2 Pts) 3. HT Resistance Zone (2 Pts) 4. 1.382 Fib Extension (1 Pts) 5. RSI Overbought (1 Pts) Total : 10...
Oil is in wave C and seems completes the minor wave 3 and wave 4. It needs one more wave down to complete the C wave. From time cycle, it is still in the bearish cycle. And it is rejected from the previous channel. Based on EW theory if wave 3 is extensive wave, wave 5 will be nearly the same as wave 1 in price and time which means the price target is around...
We have a nice Breakout at Daily Level, pullback with Hammer at Support in H4 + bullish engulfing H1 + doble bottom M15! Multi-Timeframe confirmation! Very nice Long opportunity!
Correction trend line was broken we wait for down trends
This is just a follow up chart for an earlier idea I had albeit given up on ( ). I've had to update it for the obvious reason that the April 10th bottom didn't hold, thus the time fibs fell out of whack. So this is just the same basic, mirrored time fib study as last time, just built on the latest data available.
Available Options on Inputs Tab!!! RSI with ability to change first RSI to a different Time Frame.(Defaults To Current Chart Time Frame). Ability To Turn On/Off Background Highlighting if First RSI is Above/Below 70 or 30 Lines. Ability To Turn On/Off Background Highlighting When First RSI Crosses Above 30 Or Below 70. Ability To Turn On/Off "B" Or "S" When...
Building on an idea I had while working on my previous chart (), I have found what I'll describe as a ‘Mirrored Fibonacci Sequence’ (marked by the blue & orange zones) in the time scale of Bitcoin’s price discovery. I call it ‘mirrored’ because the fibs oscillate backwards, then forwards on each consequent bubble. The red & green zones are from observations made...