SUB / BTC - last Elliott wave before reactionI went fully Fibonacci on SUB.
Using the time zone, retracement, extension and arc/circle tool.
Any thoughts on the target zone?
Fibonaccitimezone
NEO starting to break outI was charting this two days ago and did not follow my own advice, but here we go. We are either on our 3rd wave up before the final 5th wave, or this could be the 5th wave entirely. The pump we are having now is based on news so we will see if it hold. Buy the dips over the next few days for some quick profit. Safer move is to see if we retrace, I see next big move around 12/24. Good Luck!
Head and Shoulders Pattern in LitecoinHead and shoulders pattern forming most definitively on 1D charts with Litecoin. ~$54.50 seems to be a level which coincides with the Fibonacci levels, making it extremely conspicuous. The Kovach OBV indicates long term positive momentum, whereas the Kovach Chande indicator has turned negative confirming a pullback is near. The Fibonacci time zones indicate the time is nigh for the aforementioned retracement.
In general cryptocurrencies have been on a tear this past year, so any pullback should be looked upon as a buying opportunity.
If you are interested in the Kovach Momentum indicators and Kovach Reversal indicator, check out quantguy.net
USDCHF Two Sells in my radarThere are 2 sells I am looking forward to.
My time projection suggests the moves to happen around the orange dotted vertical lines but thats not a must.
First trade is selling the 0.618 retracement.
Second trade is waiting for more confirmation (break of trendline, then flag, then break of flag > sell)
Reward to risk in both cases it 1:1 the way I plotted it on the chart but I will only take half position profit there and move stopps of rest to breakeven.
This is not a trade call, unless you are with the big banks you are responsible for your trading and your decisions. You are with the big banks? Hire me and get my signals for free Hahahaha
Guys and girls, leave a comment and a like please (only like if you like it!)
POTENTIAL LONG OPPORTUNITY IN KIWIThe kiwi is currently moving in an upwards trend channel. By combining the fibonacci timezones with the fibonacci retracement we can locate a good long opportunity in the zone between the outside retracement of the previous swing low to swing high and previous structural support and resistance . The first limit target is based on previous structural resistance and the .236 fibonacci retracement level. The final profit target is placed where the fibonacci extension meets the fibonacci timezone. The trendchanel also indicates that it most likely won't move much further up after this level. The stop is placed just below the .618 fibonacci retracement level which almost gives us a risk/reward-ratio of 2 to 1.
/ Uncle & Son