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786 Fibonacci Retracement

EURAUD sell to buy projectionPrice grabbed sell side liquidity and then broke structure on the 4h. Price broke minor sell structure, higher low, and is currently retesting, I’m trying to catch a 78% retracement to enter the sell. I believe the sell is to complete the buy retracement that broke structure to the buy side, also expecting price to sell down to the 78% as there is an OB there. As price gets to that OB, I want to see a lower tf change of character. Please let me know what you think and what you see!
by AlishaRenay
3
LINKUSDT Exiting Ending Diagonal from the last impulsive wavePrice action, based on Elliot Waves principles, is falling from peak after complete an Ending Diagonal from the last extended impulsive wave to a potential target at local demand in hourly timeframe in a possible 78,6% retrace as shown on AB=CD pattern, below volume POC and after reject Anchored VWAP from May '22 bottom. Consolidating in a parallel channel as shown within a modified Schiff Pitchfork. Potential swing-downward in a corrective wave target to Dec '22 low re-test. Monthly Inside Bar zone.
Short
by firmestudio
1
Bounce from here?Going to keep this simple. TSLA Bounced multiple time off the .0786 and even though the more a support is tested the weaker it gets, i think going long with a stop under the wicks would be smart. NFA Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
NASDAQ:TSLALong
by rnaofs
Disregard The Noise. XRP Will Eventually Pump. Bulls Load Up.First things first, I'm not the biggest fan of this centralised thing called XRP. I don't like the propagandists on YouTube spreading rubbish like "XRP TO 10K, 25K ,50K, 100K" ", The Great Reset " etc.. But feelings don't matter here, and as my mentor repeatedly says - "Emotions man, A Money Killer" Since it hit 10 cents during the March 20 sell-off, price then rallied 1800% to $1.96, the "Great Sell" then printed and price has since corrected 85% to 29 cents. XRP never rallied again like the rest of the market, nor did it go on to make a new high like the rest of the top 10 coins, mainly due to the whole SEC saga, which I'm sure everyone is aware of by now. Price currently hovers in the Fibonacci Golden Pocket, big Volume Profile can be found between there and the 0.786 fib level (19 cents) A conditional "Incredible Buy" prints along with 5 bullish oscillators. Stochastic Oversold. Long term Bulls should now be dollar cost averaging into their positions. Buys from 17 - 19 cents would be excellent. Can price drop further? Absolutely, I don't try timing tops or bottoms. Market sentiment is extremely bearish. The financial system is unfathomably complex, and no one, the Fed included, can prepare for every possible scenario as it embarks on its most ambitious Quantitative Tightening program to date. How will this affect cryptocurrency? Only time well tell! XRP has a strong supporter base and I believe over time, Ripple will continue to nab customers from the 10,000 financial institutions that Swift has on the payroll. Good Luck! Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas. Credit to @without_worries for allowing use of indicators.
Long
by bL1TZZ
4
ETHUSD - 1k is on the way!!COINBASE:ETHUSD has seen more selling pressure and hasnt has a bounce yet. We are approaching the LOG ABCD target around 1500. This could provide some buying to get the bounce but ultimatly will give way to more selling. Looking at the AI for the year we can expect a low somewhere around SEPT/OCT. This is where it can be down around the 1k level and another major 78% retracement. I will post the log chart after. Interesting couple of months ahead. I hope this helps. Enjoy the trade.
COINBASE:ETHUSDShort
by L_F
2
BTCUSDT short continuesBTCUSDT short continues. All we have to do is hold shorts till the local support. A pullbacck will occurs from that and then the market shall fall from this consolidation, so-called bearflag on intraday timeframes. Down is the way on the road of a bearmarket. Put your money in risk in small pullback on the mid location between supply and demand will ruins your wallet. Minds we have a major highly reliable Head and Shoulders to expect for the correction. Don't be a moonboi. Oscillator: Ehlers' Stochastic CG
Short
by firmestudio
1
Monthly 78% Fibonacci In View For GOLDIt’s a new trading month and GOLD is on the move. Prices have broken hard beneath April’s low and are now searching for a short-term bottom. Here is one level worth watching for the immediate future: Monthly 78% Fibonacci Retracement, 1821.01 Here is the trade: 1) Buy @ 1826.00 2) Initial Stop Loss @ 1794.00 3) 1:1 Risk Vs Reward, profit target at 1858.00 This is a short-term position trade. Be sure to adjust your leverage accordingly to hold the position given the $32.00 risk.
TVC:GOLDLong
by TheTradingRoom
1