Fibo
OMG Long OpportunityOMG is being hold very nicely in the 0.618 Level within this Bull Flag. A break on the intraday Bull Flag with buy volume and preferably breaking up the 50 EMA would give a nice swing long opportunity.
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The "Pulse" of an asset times Fibonacci: Golden Ratio of GrowthLTC in a perfect example of "Golden Ratio of Growth".
Each extension is 1.618 times the previous extension.
Most things in Nature which Grow, do so by this Ratio.
Impulse was from the Bottom of Despair.
Ripples were all grown with perfect Ratio.
Retraces will be of much similar proportions.
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.
Confluence of 2 is Dependable.
Congruence of 3 is Respectable.
Coincidence of 4 is Worshipable.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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GBPJPY RetracementHello,
Expecting a retrace of GBPJPY for several reasons :
- Holding at a Fibo level
- Fast MACD Crossing
- News from Japan coming
Low risk setup, targets are on the chart.
Trade might be invalidate tomorrow by UK numbers tomorrow morning (GMT+2), so size your position accordingly.
Trade safe, manage your risks
GBPUSD, Buy on 1st week AprilWelcome to the first quarter of 2019 so based on the structure given on chart with Elliott Wave it seem to be a good time for buy as price hits fibo ratio 61.8% so long seem to be a good idea.
Entry tips,
1. 2 SL given,
2. if long consider to buy as low as possible, buy between SL 1 or SL 2.
3. fixed SL on option. 1 (as peak point of bullish movement)
what to aim.
1. breaking for new high at wave "B (higher high)"
all the best traders ^^/
Brent short - 50% FiboThe Brent has reached the level of 50% in the Daily and seems to be about to start a new bearish phase. I have identified two possible targets in the graph, one at 38.2 and the other at Fibonacci 23.6.
Single stop loss for both transactions.
I could decide to reinforce my idea short if today's heikin ashi candle, on Friday, should close in short.
EURCAD SHORT AFTER THE LONGwe caught the long movement of the price , now we getting ready to hit the short movement , here i see a strong momentum on the bulls , so i'd be very careful with this short placing a position little bit smaller thant the regular , cause the price may break this channel and try a retracement of the major downtrend , let's see what will happen , surely if the price breaks the channel we will wait the retest and place a nice buy position to catch some profit off the upside movement .
cheers .
Despite the bullish momentum, the global market is still bearish#BTC
The resulting bullish momentum can maintain a positive attitude in the market, indicators of average timeframes look optimistic, the chances of continued growth are present. We received local resistance around the level of 3600, the breakdown of which will form the movement towards the test mark of 3800 and possibly into the region of about 4000, there are few chances to break through, the market is still weak and the volumes are not sufficient for moving up. Such an impulse, as a rule, needs correction, but now we can roll back, we meet support closer to the level of 3400. Of course, if we manage to break through above 3,600, then after the growth we will likely go down, possibly closer to 3200, and then we can touch up to 3000. Globally, the trend remains bearish, capitalization is likely to step below 100 and the higher we rise now the more chances for a successful short.
BNBUSDT LONG strategy 30.11-03.12I'm thinking, that BNBUSDT should reach 6.0 $ in three days. Why?
Coz with 10x less volume than TRXUSDT it anyway should mirror TRXUSDT trades history.
Up to my analysis it may happens in these days. I locked the price in the channels and fibo.
Last 24 h, I'm trading only BNBUSDT, but look on TRXUSDT first when it was 0.013992$, but missed the possibility to trade TRX. Don't want to miss BNB move.
Disclaimer: I'm in trading only 1 year, I'm still learning, for me my charts, is the way to learn and get some feedback. If you want to use these ideas, better to chat firstly and find some patterns together.
P.S. In 24 hours I made 6 trades on BNBUSDT, price range was 5.12 - 5.48, profit 0.002%, now price is 5.4312. I'm on USDT and waiting for the next opportunity
Bitcoin: Fibonacci buyers power estimationBuyers were used to try rallying Bitcoin to the natural 382 level after an important dip and a massive quick sell.
Let us see if buyers are still reproducing this 382 retest, if they are stronger (goes above 382) or weaker (cannot reach 382).
This is a way to check how powerful the buyers are after this very important sell off (that could have been the capitulation, who knows), if they are willing to retry giving a chance to this asset now after such a dip, or not.
BTC / USD Forecast - Bottom between 2018/11/25 - 2019/01/13BTC is in its final stages of the 12 months decline. We expect a bottom between the time frame around November 25th and January 13th 2019. Usually the Fibonacci fan is left earlier and prices dont follow until the end of the time target (in this case January 13, 2019). We expect a higher low around January 13, 2019. After January 13, prices have according to fibonacci, social mood and mass psychology the best setup for higher prices.
The target to the upside is already set for 2019.
Please be aware that time targets are more important than price targets in our forecasts.
Nevertheless, we expect the price target around 4.200 at the moment.
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