Fibbonachi
GBPUSD A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 1.21500 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: GBPUSD Waiting for the Range Bound and the beginning of the Ascension Trend.
BTC/USD Prediction AnalysisDear All respected Traders and Investors,
I made a simple analysis for BTC/USD
I reckon you guys to entry at my sign "Entry" and take profit at my sign "Potential target"
This is almost weekend
Make your own analysis is sounds better!
Happy trading y'all and good luck!
PS: Please DYOR before entry the market
AUDUSD A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 0.69500 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: AUDUSD Waiting for the Range Bound and the beginning of the Ascension Trend.
$QNT retests the 200 MA After the quad bounce off of the 0.786 resistance line yesterday (Larger Circle), the $QNT market headed towards a retest of the 200 MA (Smaller Circle). It was beautifully executed, both the 200 MA and the ichimoku cloud were touched, retested and successfully held their ground. The $QNT market is on its way up again following the uptrend line I had drawn a few days prior of buying what seemed to be the bottom of this run. Hopefully we can see some very nice profit over the next couple of days!
Thanks all for taking the time to view this idea! feel free to leave a comment and let me know if you agree with it or of there is anything I should consider on top of this information. I wish you good luck! <3
Higher volatility ahead In my last post i mistakes the spy for the SPX. the reason I think we are still at uncertainty is because there seems to be a debate between the government and investors about what the rate hikes should be. With only one more FOMC meeting before fall. This is why it seems accurate to me. Especially if investors get surprised by the numbers in September.
BTC LOGARITHIMIC CHART EXT./RETRACEMENTExtension/Part 2 of my BTC's Logarithmic Chart. Looking at past retracement pattern we see btc retraces 30-40% after every bull market, so if we follow that btc's bottom will be 20k or more, but for that we might need a push back upwards, above the 70k range, around 80k which can be possible if we get a reversal from this current consolidating range, but keeping the macro economic conditions in place a 50% or more retracement is quite possible
ALGO Long: Update My initial thought was about .65 pivot after the last correction but overthinking and a busy day with errands blindsided me into hoping for a drop even lower, therefore I did not open an order and missed a chance to make a sweet little profit as it did move from .65 to about .69 before a tiny retrace back into the .67s.
The volume is very very steady at a normal pace, not much volatility and seems to trend upward within the channels I've drawn. Buying pressure is winning here and I did go in during this last retrace, albeit a mini retrace and plan on longing until the next target which I have at about .77.
Keeping my stop loss tight as I don't want to lose profit I gained from the long I opened yesterday morning and closed after the run proceeding FIFA news.
If I see price action fall into the support level under the trend line I've outlined, I will look for an exit.
I'm learning TA on my own by reading books, watching videos and trial and error.
If you like my thought or are more experienced and think I'm on the right track, please hit "agree".
Thanks!
BTC - Expect more pullbackBTC's price action is really weak and bearish using Fibbonacci and harmonic patterns this chart seems plausible although highly speculative.
This chart is not a trade signal however it could be used as a reference if BTC generally follows this pattern.
Looks like a new low could be created and soon
Good luck and best regards.
ETH - you rascal I find drawing trendlines are almost always accurate in the long run predicting price action (sometimes in the short run it's extraordinarily accurate as well) add Fibonacci and a lil experience and I would put this chart at 70% accuracy. Plus the market maker(s) exchanges are not giving free money to shorts.
* is anyone could see this chart is entirely speculative, and *should not be traded around****, yet if Ethereum Price action is following this pattern generally feel free to use this as a reference.
Good luck and best regards
BEARISH and UP - Long and Short?Using the Fibonacci and harmonic patterns , this seems plausible as market makers etc. are motivated to wiggle profits from shorts (free money isn't given to anyone)
Definitely don't trade around this pattern it's completely speculative, however if BTC generally follows this price action use this as a reference
Good luck and best regards
Feel free to look at some of the other harmonic patterns I've put forward (before and after charts) many are extraordinarily accurate, and some were entirely wrong.
Good luck and best regards
Gold is the New Bitcoin Using Fibonacci and paying attention to general market structure, this looks like a decent entry at this point. (I also have a limit order at $1918)
Good luck and best regards
BTC - Weekend pump - Midweek DumpAlong with Fibonacci / harmonic patterns - and also using BTC past price action as a vector, this scenario seems plausible to me.
* at point C. in this harmonic pattern I don't think there will be a sudden drop in bitcoin price(at least any more than usual ;) *but rather a smooth consistent markdown.
This chart is an idea and should not be traded around.
***BTC could very well bounce at $41725 to proximal new highs e.g. $50k or higher - however I am posting this chart with more confidence in downward movement.
Good luck and best regards
BTC - I Love this reversal pattern (when it works right)These patterns are always hit or miss. This one is on of of my faves..
This chart is entirely speculative and should not be traded around..
The pattern offers a solution (to me anyways, in how btc gets to the local 1.618)
Have a great weekend, best regards
BTC - For Fun (scalp test)Using Fibonacci/ harmonic patterns - this chart shows in general what price action may do over the next 8 hours.
*with certainty price will not follow this chart precisely (it's possible it may not follow at all)
posting charts like this keeps me sharp and constantly improving - as posting this publicly adds pressure to my charting - to constantly improve on accuracy.
Do not trade around this chart as well as it is entirely speculative, however it could be used as a reference if price action is following this general movement
As always good luck and best regards
NEAR - Smooth Markdown I like this pattern, If Near moves in this pattern the trader can make a smooth profit with moving in accord with the volatile price action Near has had recently.
By no means should this chart be used as a trading signal, however it may be used as a reference
Good luck and best regards