CAPITALCOM:US100 is in a window where we have multiple patterns completing. The major pattern from the covid low completed on time last week but with now reversal in sight yet we look at the price expectation of around 20500-20639. The smaller pattern from the Oct 2022 low goes out to the end of July. We are in the zone so we wait for a sign. Enjoy the day.
BTC On the Weekly time Frame. BTC has been in a strong Elliot 5 Wave Impulse Move since the start of 2023. Analyzing the Fibonacci Retracement of the first pull back (wave 2) which occurred in March of this year, we can see an almost perfect touch at the .618 level before wave 3 ensued. In Keeping with the laws of Fibonacci, Wave 3 was the most violent (so...
Good evening, we are from Ukraine! I expect further depreciation of the cryptocurrency market. In this phase of the market, we are interested in a supply test in the range of 30,000-31,000, after which the further development of the situation will be clear. There is weakness on the older time frames, but there are variable factors in the market and it is too...
Good evening, we are from Ukraine! Why was it necessary to place a limit buy order at this particular moment and what were the goals for profit-taking? I'll start with the first one, because we are at the bottom of the trading range after manipulating (on volumes) with a false breakout of the lows and a quick resumption of purchases on the buy bars with an...
Good evening , we are from Ukraine! For this period of time, the chart has a trading margin, the exit from which opens the door to 2 key levels: 1) A long scenario of breaking through the resistance level and going to 2300 and above. 2) Short, market weakness after a false breakout of 2200 and the price returning to the middle of the range with a further...
]Good evening, we are from Ukraine! Continuation of the movement. Thank you all for your attention, I wish you success. Sometimes you win /sometimes you learn.
S&P500 has just hit a critical level which will decide the further movement of the market. We have major levels coming together firstly with the ABCD down from the ATH then we have the 1.618% Extension from the OCT low to the ATH. We are also at the - 1 Standard deviation level which is where the options guys for this week buy futures to protect thier positions...
The Golden Pocket, based in the power of Phi, consists of the .618 to the .65. Included the mathematical rationale for why price reacts to the .65 level.
small entry order set in case of a wick, but looking to build a position IF we see some strength/uptrend :)
Starting to gain some levels, needs to gain + hold 0.184~ for a trade to trigger imo. Watching this for now, lets see
The chart looks interesting Target is located at the ''B'' point around $11.000 Good luck to everyone trading Bitcoin!
Here is an update on last weeks chart, with a fresh view on the market! Check related ideas for more info
1.618 extension in price 2.618 extension in time hidden bearish divergences deviant shooting star/spinning top Good luck to everyone trading NZD/USD!!
Hello guys, yesterday the USD JPY reached the 1.618 fibo ! i was waiting for that ! now the ABCD pattern is completed ! This night the PRZ was tested and we can see a beautifull rejection on the H1 chart and H4 chart ! So the trend is actually changing and you can short it ! Maybe the price is going to retest near the PRZ ! we will see ! + Nice regular...
Hello guys Patience is the key of succes ! 1.618 reached ! Now we have to wait i see what will happen after this veru bullished day ! the USD became a refuge value ! while the EUR USD is crashing hardly ! have a nice day !!
ZRX recently formed a bear divergence that will continue its descent within the descending wedge shown on the chart. Soon reaching the 2.618 of the bearish divergence formed in Oct 20th followed by the 1.618 of the recent bear divergence move. I will keep watching and expect reversal after that to push the coin to exit the falling wedge followed by retest then...