Oil major level support getting close. We can see price basically doing copy paste cycles. Blue boxes are equal as are the purple boxes. Hopefully price will be stopped at fib extension 127,2% on a perfect psychological price at 11$ and we'll see some upwards movement coming in.
Hello everyone, as we can see we have huge unemployment numbers in America, because of the virus, so we will most likely see that number increase. This means that we will most likely see another wave down. We have made perfect 4 waves, so now we have the perfect set-up for wave 5 down. We have also just bounced from the bottom of the channel that we have formed,...
Hello everyone, as we can see we have huge unemployment numbers in America, because of the virus, so we will most likely see that number increase. This means that we will most likely see another wave down. We have made perfect 4 waves, so now we have the perfect set-up for wave 5 down. We have also just bounced from the bottom of the channel that we have formed,...
Yeah yeah everyone's freaking out because of mass hysteria - google crowd psychology and you will understand why this is normal to me.
- 1,2,4,5 EW structure
- ABC incoming (b wave bounce coming soon)
Not much to say about this.. I will invest longterm after a 50% drop
Stay profitable out there.
Hey there,
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so I think everyone in this space saw what happend yesterday. The biggest percentage and point drop in Bitcoin in all of its history.
A rounded 40%decline in 1 day. An incredible number for any trader.
There are now some key questions to be asked:
What really valuable...
This is a low probability supply zone. If this pair keep pushing up without stop, there can be a chance of a good bounce. BUT if doesn't rally up.... forget it
Hello everyone, as we can see our last 2 major financial crysis were 3 and 2 years, and each of them we had a drop of around 50%. This virus started the crysis and even if people say that the virus is not as serious as the media makes it out to be, people's perception of the virus is that the virus is really serious, so this is why the panic could be hard to be...
Good day Traders, it is happening in a blink of an eye, its time be prepared for anything right now family. Please let me know in the comment section below if you have any questions, tips or suggestions! -CO
After the last drop, the price holds at 23,6 Fibbo.
We expect to continue at lower values.
Support levels: 107.07; 106.70 and 106.20;
If the price goes up, the level we expect to repels it is 109.20.
Any additional negative news related to the coronavirus will lead to lower values.
I'm a bit late on publishing this setup as I have been busy after I entered the trade.
But here it is, NZDCAD has been running in a downtrend for a while now and is looking to have broken out of a small bullish structure and has now retested the bottom end of that structure. We are now shorting the pair and hoping to form at least a double bottom on overall...
