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Fibonnacci

Dow Jones + The rest of the worldThese are my views on why the Dow has probably topped out. All markets tend to follow the US markets which is why a crash in the Dow Jones will likely result in a crash worldwide. My arguments are presented below: FA: - Longest bull market recorded in history - US debt is worrisome +21B debt (dollar in trouble?) - Private debt ATH (particularly US student loan debt is worrisome) - Enormous geopolitical concerns (need I specify?) - Severe overvaluation of stocks - Interest rates have been on a steady rise - US imposing Tariffs TA (see chart): -Fibonacci resistance fan is hit every time a major crash has occurred since the crash of 1987 (confluence - see below) 1. Big Volume drop 2. RSI massively overbought (usually happens before crashes, see the downward trend) 3. VIX topped out (usually does before crashes) This is not financial advice - DYOR Yours truly //Pman
DJ:DJIShort
by Seriouz
3
Nintendo Correction OverNintendo finished its ABC correction and has begun a new impulse wave. Breakout above bull flag confirms uptrend. MACD formed a bullish cross over and the Stoch is trending up. RSI is approaching oversold on the daily, so there may be a slight pullback in the near future, but its still < 50 on the weekly. First target is the 78.6% fib, which was a previous support level. This is about $49 - $50. Next is the 100%, ie the previous high, at about $57. My opinion not financial advice
OTC:NTDOYLong
by green_brow
BTC Existing Trend Possible Outcomes So I think we will see a retrace to the 20 and 50 MA or the 31% fibonacci retracement which support is the strongest even though these 3 levels are very close to each other around the 6560-6630 levels. From there we will go back up to test this resistant point again at 6730. If we have a convincing breakout from there which I am fairly confident that we will, we will then test the 61-62% fibonacci retracement level around the 6900 levels. If we see enough volume pile up at the 6730-6750 levels again whenever we are testing it again then this is a good sign we could breakout from this level and test the 62% retracement. If we enough volume at the 6900 levels(62% retracement from previous rally) then this is also a good sign we could test the falling wedge upper trendline. From there we are most likely to fall back down and test the 62% level as a support. If that holds and we go back up we will probably break that falling wedge upper trend line which is a humongous bullish signal if done in a convincing manner. From there we will test the 200 MA and probably get rejected if volume is not out of this world. From there we will then test the upper trend line again as resistance turned into support. Save 10% on fees at Bitmex if you use this referral link: www.bitmex.com Please like, follow, and comment with your idea below! Thanks, Chris
BITFINEX:BTCUSDLong
by ChristopherCook
EJ (EUR/JPY) at 0.5 fib levels daily waiting for the Breakout b. EJ EJ (EUR/JPY) at 0.5 fib levels daily waiting for the Breakout b.o. at it's current price to make the higher high,economic calendar releases can affect this currency as news too. Indicators and Oscillators are signalling that i's on ob levels or over bought levels in my DeMarker, Macz-Vwap and Rsi-Ema, it's above my sma & ema levels, including my atr's stops and bb-emas. V9 fractals showing patterns, tux ema scalper and psar good for signalling of the b.o breakout in it's currrenct price may pullback beyond the 0.5 fib levels in higher highs and lower lows
by razeswag77
USD/CAD - Technical AnalysisAnalysing with Ichimoku clouds has given me the impression bearish sentiment is going to continue on this pair. Strong sell signal from a bearish kumo twist and kumo breakout, labelled in the chart. A TK death cross has also appeared following the kumo break out. Recent low is at 1.28863. My fibonnaci level show price has violate the 50.0 mark and will continue to descend until 61.8. Alligator indicator also show bearish sentiment If Price violates 4H candle low, expect downtrend to strengthen and bearish kumo clouds to expand
Short
by forexwithfred
1
$GOLD | Take the advantage of small bullish wave!Hey Everyone, In our Previous analysis of Gold we Sold it from $1342 till $1298 rendering us with positive 400PIPS of Profit, and now it's time to buy this asset keeping the targets small the reason is quit simple because the Trendline still holds it strong and it could potentially meet our target also it's the bullish phase market seems to have a Bullish roar ATM! So, here's our preferences, BUY at CMP STOP LOSS - 1210 TARGET - 1340 have any doubts? than, let us know in the comment section below and make sure to give this analysis a Thumbs UP +_+
TVC:GOLDLong
by BloomFisher
50
Ambrosus ascending AMB has formed an ascending triangle on the 4 hour timeframe. Generally, this is a bullish continuation pattern and due to multiple other indications on other time frames, it can be seen that AMB is attempting to move into an uptrend (at least across the smaller timeframes under 1D) The stochastic RSI and the MACD both have a bull cross and they are indicating good momentum. This is further confirmed by the kijun and tenkan resting as support. The top of the triangle has previously been tested and the break has been rejected. Another failed break of the topside could mean the price rebounds back to the .618 fibonacci levels ~ However, a topside break here could set the price up for a fib extension to the 1.0 fib line at 5472~
A
by SpektreSignal