Home Depot. Long from 265$ to 300$. Easy MoneyMonthly
In Uptrend since 2012
Weekly
Doube Top on Uptrend
Wait for correction on Fib 618
In uptrend then wait for buy
Daily
Flat
Clear Divergency by RSI
=Wait for correction down, also Harami bar confirms it.
When correction is ended
From w1 of 2021 I will open Long
OPEN 265$
SL 250$
TP 300$ will reach in April 2021.
TP2 330$
RR 2.71
Fibo
XRPUSD FIB ANALYSIS I watched a youtube video on fib retracements, figured I would put my skills to the test. Let me know what you think. Would appreciated any advice you have to offer. Just another wishful thinking XRPer.
Seems to be some support for an uptrend between the 0.5 and 0.382 fib ... may suggest a bullish trend
Fibonacci ProjectionAnother proof, but now, of the fibonacci projection, based on the previous down trend channel.
The top and the bottom on the channel are confirmed by the RSI, which then breaks into a up-trend, hitting precisely the first fibonacci target (38%) in a short time.
By this indicator, if the trend continues, we can expect at least to reach the second target (50%) at 1966. The third target (68%) might be too far away, but is located around 2026, a place of strong resistance.
The VWAP indicates a positive trend.
POMO3 LTA, Fibonacci, MA200, MA 50 e pequena div.RSI intradayAtivo próximo a 0.2 de Fibo, caso haja mais volume de compra do que de venda, podemos buscar 0.5 ou 0.6 de fibo.
R:R 3:1
RSI: Bull divergence em 120m.
Média Aritmética de 200 períodos (Azul) e Média Aritmética de 50 períodos (Amarela) em 720m estão neutras.
IBOV X POMO3 Gráfico Diário.
Mês de junho não teve um fechamento muito agradável para os compradores.
Esse conteúdo é apenas informativo, não é uma sugestão de investimento
USDCHF "Continuation to the downside" Trading ideaGood morning traders.
That are my actual thoughts on USDCHF.
Overall market situation is a Bearish bias with clean lows and highs formed.
4H:
Market made its Retracement into our "golden Ratio" Fib zone.
Lower - TF Bullish structure shifted to bearish structure after break of the 4H counter-TL
The 8 EMA also give us confluence.
I will look for a last little push into the Price of 0.94900-0.95000 for a short opportunity.
Good Trades
~Tradingpurpose~
EURUSD - Waiting for breakout of the last level!EUR/USD Price is at strong support level (61.8% Fibonacci Level) if the price break this level i suggest to sell.
Although the upside trend ended and new downtrend started. the indicatoes RSI, CCI, and Momentum are all at sell levels. ADX -DI is above +DI and between 25-50 level.
EURCHF 1.06693 - 0.09% LONG IDEAGOOD DAY TRADERS
> HERE'S A LONG IDEA ON THE EURCHF PAIR, THE EURO HAD A GOOD WEEK IN THIS PASSING WEEK WITH ANNOUNCEMENTS OF A NEW RECOVERY FUND BY THE EUROPEAN COMMISSION.
> SWISS TOOK A HIT IN THE PREVIOUS WEEK THIS ON A COMBINATION OF EARLY RISK SENTIMENT AND WEAK SWISS ECONOMIC UPDATES
> EURCHF IS IN AN UPTREND AS WE SAW THE PAIR BREAKOUT OF THE DESCENDING TRIANGLE THE PAIR JUST BOUNCED AT 50% FIBONACCI RETRACEMENT AT SUPPORT LEVEL 1.06693.
SHOULD WE TRADE ABOVE THIS LEVEL WILL BE LOOKING FOR LONGS IN THE PAIR.
TARGET 1 - 61.8% FIB EXT ( 1.06598)
TARGET 2 - 78.6% FIB EXT ( 1.070790
ENTRY - FOLLOW YOUR ENTRY RULES
RISK MANAGEMENT
PERIOD - DAY TRADE
Weekly XAUUSD ANALYSIS...Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ETHUSD Technical Analysis: Fib Retracement Levels & Wedge!!Pretty simple analysis of ETHBTC pair, Ethereum generally gaining a bullish outlook for the next week or more, so far ETH BTC has formed a really nice and beautiful descending wedge formation in the Heiken Ashi D1 Time Frame.
Short Term BUY Opportunity:
Taking the top 1.0 Fib level as on 18 May 2019, and the lowest of 0 Fib level on 4 Sep 19 + 10 Jan 20
- ETHBTC rebounding strongly from the 0.236 Fib level twice, which is also the bottom line of the PURPLE descending wedge, validating as a strong support to watch
- I would expect a BUY OPPORTUNITY for the next few days up to the TOP of the WEDGE
Long Term BULLISH outlook:
- Look for ETHBTC reaction to the top of the wedge, possible more sideways action till 0.382 Fib level coincides with the top of the pink wedge --> A break above this would flip these into a major support for a break upside
- BREAKING above the wedge would give us a BUY OPPORTUNITY with TP1 @ 0.50 Fib, TP2 @ 0.618 Fib, TP3 @ 0.786 Fib or even 1.0 Fib
Fundamentally, an overlap of the release of ETHEREUM 2.0 along with a bullish run upwards of the wedge would give us more BUY momentum and therefore TPs can be adjusted higher on the Fib levels if these happens. I would be putting my coins on ETH 2.0 being released in JULY 20 or so.
As always, trade carefully with stop losses.
Feel free to like and follow if you enjoyed from my ideas = )
Best Regards,
GOLD D ROGER
A humble trader in training