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Goldenratio

Short opportunity in QSCDisclaimer - This is not financial advice and I am not responsible for any losses you may incur, I post this chart only for educational and research purposes. Please trade responsibly and always respect your stop loss. My research has shown that when a 3rd wave extends and ends around half way between the 1.618 and 2.618 region (relative to wave 1), wave 5 tends to end between 1.618 and 1.00 * wave 1 but often will end exactly at the 2.618 extension of wave 1. I will wait for a reversal candle on the 1H chart and take it as a signal to enter this trade.
QShort
by TradewithLu
EUR/GBP TRENDLINE BREAK GOING TO RETEST !!!TECHNICAL ANALYSIS: *-Price broke through the trendline and possibly will retest it. *-On lower timeframe we see price is making lower lows and lower highs. *-The retest of the trendline fits perfectly with fibonacci retracements. *-If this setup is executed I'm place my stop loss just above the resistance zone in case I'm wrong on this. *-My take profit will be on the 0.859 support level but you can take profits on the -27.00% fibonacci retracement. *-Might be waiting to see some candlestick reversal patterns before jumping on this trade #Tradesafe
Short
by theforexdaddy
Just practicing charting and technical analysisThis 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 according to your own risk. Take profit at significant levels of resistance/support on the way up.
NYSE:MOShort
by brophizzle
Golden Fibonacci Sum - 2.618Golden ratio (Phi is an important number). Phi (1.618) has interesting properties that are commonly found in markets. Today we will have a closer look at the golden sum, it's lesser known (don't find too much about it) and can be calculated by taking sum and multiply it again with 0.618, in this way the golden sum will grow to it's limit of 2.618 as the extensions become smaller and smaller from the initial 1 length. Mathematically the sum can be calculated with the following additions: initial length = 1 0.618*1 = 0.618 0.618*0.618 = 0.382 0.618*0.382 = 0.236 0.618*0.236 = 0.1458 0.618*0.1458 = 0.090 ... to infinity ... ___________________+ 2.618 Hopefully you will find more meaning in the number 2.618 after this explanation and find it more significant in your trades. -TheTrex
BITMEX:BTCUSD.PEducation
by TheTrex
3
EURUSD-Weekly Market Analysis-Jan19,Wk2Even 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 where we achieve a total of 2,333pips of net profits in a single month: forex100academy.com Seeing is believing, we are going to do a live analysis on this coming Wednesday, 9 Jan to cover 12 currency pairs market analysis, like our facebook page so you won't miss this again: www.facebook.com
Short
by RaynLim
"LONG" USD Falling Wedge Pattern!!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 few negatives which are that we have just had a death cross with the 50MA crossing the 100MA downwards. I would love to hear your thoughts about this analysis, as i am always trying to learn and gain experince using different techniques!! I am not trading this Trade nor do i advise on using it, this is purely educational purpose only. Thank you.
Long
by CannonMohamed
Sell NZDCHFTrend 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 likely to take over. The fundamentals are also aligned with our technical view of this pair: The most recent economic release with the greatest impact for NZD was the NZ Quartely CPI, which took place on January 24, 2018 at 9:45pm GMT. The Deviation for the NZ Quartely CPI is 0.3% and the Forecast at the time was 0.4%. The actual figure came in at 0.1%, which was a negative surprise for NZD The franc also trades as a more stable alternative to the dollar, euro or British pound in times of turbulence and uncertainty. While there are really not enough francs in circulation to use it as an alternative to these currencies, traders and speculators nevertheless seem to prefer the franc when conditions get dicey in other economies. With all the uncertainty with the euro and pound recently with the pound and euro I am expecting volume to increase in the swiss franc which might push the currency higher.
Short
by CharlesBedard