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786fib

Next possible short on Nifty, MAYBE?Most 786+ POC confluence gives out great possibilities for an entry, one such entry is around the corner. Why bear? we are forming lower high on high time frame, gives me a reason this will continue as we have lower levels to visit especially the 618 fib fan. Here we can see most of the fib fan working, even on the 2008 crash we found support at 618. This analysis is to be taken as a form of hedge, I'm not saying this will work but in the technical analysis world we are at resistance, its time to enter short (under the correct conditions). How to enter? This is my expectations (in an ideal situation) take out the support and flip bearish.
NSE:NIFTY1!Short
by phenodev
Trendline Break Setup (Paper trade)*Not trading advice, entertainment purposes only, DYOR Reasons for a trade: 1.) Putting in market structure at or below 78.6, off fibs from 3 most recent highs. 2.) Has W and working on confirmation of larger W 3.) Moving Average Convergence 4.) Put in market structure after break of 2 significant downward sloping trendlines 5.) Divergence in MACD 6.) Market structure and cross on the Willy coming out of oversold 7.) Market Structure on OBV w/MA cross 8.) Bears falling asleep 9.) Beautiful candle body that closed above VP POC 10.) 2:1 RR just above gap at top of most recent range 11.) 6.1:1 RR by a return and touch to 200MA. 12.) 10.2:1 RR by returning to Gann 50% 13.) Near Original breakout out levels from 1992, sheesh Enter trade at check of top of double bottom $6.30 Set stop just below double bottom at $6.01 Sell 1/2 my position at 2:1 ($6.88) and move remaining to scratch. use 3 highs/Lows method on remaining if PA continues to put in bullish market structure. NYSE:GE
NYSE:GELong
by Cryptough
EURUSD Weekly AnalysisOn the monthly/weekly we can have a 50% retracement up to 1.1875. On the daily, we are expecting to test the upper bound of the downward sloping channel since the beginning of 2019. Downward sloping channel upper bound: 1.1393 .786 Fib from early March swing: 1.1366 Potential TP: 1.1265 Since the ECB on 20190307, we haven't retraced 50% of this 7 day crawl up. 100pips potential. My BIG REGRET this time was selling the tranche that I got at 1.1180 very very very early at 1.1200, thinking that I could pick it up again right away, but it left me behind on this slow crawl up. Could have at least held it to 1.1280 mid channel. Lots of data this coming week that may be the catalyst. GMT+8 20190321 2am US FOMC Meeting Announcement, then EU leader's summit for the whole day. 20190321 830pm US Jobless Claims 20190322 5pm EZ: PMI Flash 20190322 10pm US Home Sales
Short
by 40x15y