Dealing with impatience6.1.20 Dealing with Impulse/impatience; gold silver oil ES Dow NewYork Russel 2-618 reversal patterns ( but with bullish price action )
618
EURGBP will price bounce on .5 or 618? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
S&P500 - Crescent Sunset Pattern... (Kinda just made it up)Hate to say it but lines up nicely. Would be incredible if this plays out haha ;)
EURUSD / Ready for long position ? ABCD ?
Hello guys,
this is an idea of position you could take if you want = LONG ONE !
nice ABCD pattern 0.382/2.618 with the same distance !
on the H1 chart we can se that the price is rejected = waiting for the PRZ get tested !
Nice risk reward ratio !
have a nice trade !!
Are we going to reach 110.000 ? = USD JPY
Hello guys,
im actually expecting a bullish move today for the USD JPY wich is very strong this Week !
we have a beautiful pull&back on the H1 chart !
Actually im waiting for a strong move if the price react to the "symetrical triangle" i hope it will go to the 110.000 minimum or reach the 1.618 fibo (110.558)
For me no signal for a changing trend ! D1 chart show a nice bullish situation !
Hope everything will be ok :p
Have a nice day and good trade !
long continuation : 61.8 fibo
Hello,
im still in the game with my open long position.
tonight the price was Under the 61.8 fibo and this Morning the price rebound on it perfetcly ! we can see that on the H1 chart and also a nice rejection on H4 chart !
i hope it will reach 107.830 minimum !
have a nice day and trade
Long after retest 61.8 fibo
After all => the trend is still bullish !
We can see that price is above the 61.8 fibo
nice re-test of the 61.8 fibo !
still long !
TSLA ugly MONTHLY falling star candle. Retest of 380 levelsHelp us Elon Musk, you're our only hope!
With it's crazy run up in Jan, it was only natural that a violent pull back would follow. The most recent resistance levels just happens to be the 618 fib retracement when pulled from the beginning. I believe it's only gonna get worst before it gets better. As a long term bull on TSLA, I see this as great buying opps so scoop up if you're bullish and happy shorting if you're bearish.
BTCUSD: 4 hours short opportunity4hours chart double top confirmed
Then wait for pull back to 618 fibo level and combine the supply zone to short
good luck !
Entry: 10209
SL: 10500
TP1: 9740
TP2: 9530
EURNZD ShortEURNZD is current at a resistance zone at psychological level 1.71000. This zone is confluent with the 61.8%. Entering short a at 1.71000 with TP 1 @ 1.70000 & TP 2 @ 1.69000. I am not a financial advisor. This is not financial advise. This is for educational purposes only.
How to profit 27% using just the 618 & tweezersIn forex trading, the Fibonacci sequence can also be applied to market behavior to find high-probability trading setups on a wide range of timeframes. Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction. Fibonacci retracement is created by taking two extreme points on a chart and dividing the vertical distance by the key Fibonacci ratios. 0.0% is considered to be the start of the retracement, while 100.0% is a complete reversal to the original part of the move. Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels
The following is a list of key Fibonacci retracement levels to look out for:
Retracement level: 38.2% Fast and aggressive pullback bounce.
Retracement level: 50% Medium pullback bounce.
Retracement level: 61.8% Golden Number pullback bounce.
Retracement level: 78.6% Stop-loss level to be placed, 10 PIPs.
Extension levels: -61.8% and -27% Target area for trend continuation.
23:42:21 (UTC)
Wed Jan 1, 2020
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BTC/USD 618 Retracement into 4-Year Monthly Trendline SupportThe majority of traders are caught up in bearish and fearful sentiment.
Could this be the key reversal point of a HTF bullish upswing for Bitcoin/USD?
Exciting times.
AU: Aussie Long Setup: Too Risky This Week?Aussie is at a monthly key level that I'm watching, THe market was very nonvolatile last week with thanksgiving in theUnited States. Keep in mine, for last week NZD/US moved a right back towards anyone spending all of their time trying to enter. By being dynamic traders we can not only adapt to but ahead of the market at all times.
XBTUSD long swing to resistance4h closed above the .618 draw from local low to local high. Good r:r for a long targeting the area around the 200ema (4h)
Power of Phi: We banked +37%!In forex trading, the Fibonacci sequence can also be applied to market behavior to find high-probability trading setups on a wide range of timeframes. Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction. Fibonacci retracement is created by taking two extreme points on a chart and dividing the vertical distance by the key Fibonacci ratios. 0.0% is considered to be the start of the retracement, while 100.0% is a complete reversal to the original part of the move. Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels
The following is a list of key Fibonacci retracement levels to look out for:
Retracement level: 38.2% Fast and aggressive pullback bounce.
Retracement level: 50% Medium pullback bounce.
Retracement level: 61.8% Golden Number pullback bounce.
Retracement level: 78.6% Stop-loss level to be placed, 10 PIPs.
Extension levels: -61.8% and -27% Target area for trend continuation.
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EURUSD Breakout Point Or Double Top?EURUSD Breakout Point Or Double Top?
Upside has more factors in its favor:
1. Longer tern 61.8 Fib level to complete the pattern target
2. 200SMA above getting closer
3. On Weekly it can test 1.11711 level which 50%
The 0.3818 leading our rejections Just a tiny overview with our fibs short term, longterm and mixed to find highs/ lows and in-betweens. I believe we will go down but, that is not what this about.
GBPJPY - High value area (LONG)Waiting for price to reach the 618 level which is also previous support/resistance area. Will only be looking take longs once price reaches the area. If not, will look for another set up. Possibly a continuation set up for this pair.
Another Short opportunity EURUSD 4hr ChartStill a ways out and we may push down further but this is the short I am looking at on EURUSD
.618 Pull Back TradeI got short almost 10 days ago. Market has now put in this sideways channel, if we break up I'm out but if we break lower there is a good chance we will see a retest of 1.103 were my target is placed.
