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Retracement

BTCUSDT: Ready for a shockwave Hello traders! I was under pressure from buyers and I kept listening that BTC will jump and they don't want me to say BTC will fall. But the final analysis is here, I never take decisions according to my perception but I take decisions according to my methods which are derived from the Natural behavior of the graph. My three-step formation method is completed and it's clear that the market will not break the previous 45850 high and it will go back to 34500. BTC is also forming a reversal pattern above the S/R level and it will push the price downside. This will not be a sudden dump. It will keep forming correction patterns and will break its downside. Normally the third step never forms very far from the second formation but this time we can see BTC was pumped and it is now exhausted. I am expecting BTC to touch 34450 price and there is also an untested broken S/R level that should be tested before any mega pump. The drop is about 21-22% depreciation from the current price. I will update the chart on Saturday I will also keep rechecking my analysis multiple times before the update. Thanks for your support and likes and also support this idea with your likes and follow to stay connected.
Short
by Aadil1000x
18
S&P 500: Buying A Pullback from Key Support |15-2-2022S&P 500: Buying A Pullback from Key Support Price Action: Price formed a Bullish Tailed Bar Signal, overnight (We are not considering trading this signal as it didn’t form at any confluent level and we prefer to buy on a deeper pullback to the key support areas). Price finally sold off from the prior Bearish Pin Bar Signal that had formed just under the 4581 – 4600 key resistance area, over a week ago. The recent Bullish Tailed Bar + Multiple Inside Bar Pattern (Combo Setup), failed (We did not consider trading this signal and hopefully saved some members on this market). Potential Trade Idea 1: We are now staying on the sidelines until further price action develops. Potential Trade Idea 2: For more advanced traders there could be a buying opportunity at or just above the 4245 – 4270 key support area (Prior Event Area).
ULong
by UnknownUnicorn393254
EURGBP - May suffer further loss due to Inflation !Hello Traders Here is a new BUY Scenario, due to inflation, inflation, inflation i suggest you to not enter into trade until 0.82800 - 0.82500 I expect a retracement until 0.83400 before further possible loss ✅ EURGBP BUY between @0.82800 - 0.82600 TP1 @0.83000 TP2 @0.83200 TP3 @0.83400 SL @0.82300 JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including
Long
by UnknownUnicorn20731539
Will OIL price drop today? 14.02.2022During the morning hours it reached to new highs. OIL price is good for technical analysis because the information regarding inventories is available publicly at 17:00-17:30. Until then US dollar is affected and the OIL price experiences volatility. The fibo retracement tool shows us the level that TP should be placed. However, if the retracement happens eventually one should be more conservative and close the positions earlier.
TVC:USOILShort
by UnknownUnicorn5944879
1
EURUSD: Bearish Fakey Setup | 13-2-2022 EURUSD: Bearish Fakey Setup Price Action: Price sold off from the recent Bearish Fakey Setup that had formed just under the 1.1482 – 1.1523 key resistance area, late last week (We suggested selling from this setup in the February 11th Newsletter). The recent Potential Bullish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some members on this market. We preferred to wait for a sell signal last week). Potential Trade Idea: We are now considering selling if price pulls back to the recent Bearish Fakey Setup breakdown area, whilst price remains under the 1.1482 – 1.1523 key resistance area.
Short
by UnknownUnicorn393254
1
AUDUSD: Bearish Pin Bar Sell Signal - 50% Retrace Entry, 11-2-22AUDUSD: Bearish Pin Bar Sell Signal - 50% Retrace Entry, 11-2-22 Price Action: Price formed a Giant Bearish Pin Bar Signal just under the 0.7171 short-term resistance level, overnight. Price formed an Inside Bar Breakout Pattern, earlier this week (We did not consider trading this pattern as it is an incredibly wide pattern which makes it hard to manage Risk-Reward and the market is very choppy at the moment). Potential Trade Idea 1: We are considering selling on a retracement higher to within the 50% range of the current Giant Bearish Pin Bar Signal, with stops above the Pin Bar’s high. Potential Trade Idea 2: For more aggressive traders, we are considering selling from the current Giant Bearish Pin Bar Signal, with stops above the Pin Bar’s high.
Short
by UnknownUnicorn393254
MULTIPLE TIMEFRAME ANALYSISHaving Received countless of Approach on How I look at the Market to gain the Right Directional Bias, here I laid it out bear for your digestion. I will like to say thank you for reading all my previous post and do not hesitate to comment or ask question. TOP DOWN ANALYSIS APPROACH This makes it easier to know which Direction you want to plan your trade in alignment to the HIGHER TIME FRAME. I hope this will help your ongoing trader development and takes out those confusion when it comes to organising your bias,when to trade and when to be patient and when to start looking for opportunities on lower timeframe to then reduce your risk and keep you focus. I will start from the Monthly Chart on ONEUSD a cryptocurrency called HARMONY that I believe will 10X it’s current price as we progress in Blockchain takeover MONTHLY CHART Monthly TimeFrame Blue 12EMA A Support that act like a trendline WEEKLY CHART Same like Monthly 12EMA But here Orange 36EMA on Weekly:A Retracement level to consider adding new Position in the Direction of the HTF We saw a slowing week on the last red That leads to the last week bounce DAILY CHART 36EMA rejection Bounce on DAILY Cautious area to take profit Look for Rejection Look to BUY Cheaper on OTF 8 HOURLY CHART 36EMA on 8HR with a Candlestick or PRICE ACTION to look for the Discounted LONGS and 2 good Confluences Candlesticks HAMMER Price Action + 36EMA bounce In Between the 200EMA 633EMA is a VOLATILITY GAP This is where I observably expect price to bounce Couple times in betweenbefore we can make a directional headway. A VOLATILE REGION You can identify in any market as price proceeds. So this gives you a readiness awareness of what to expect and for how long. 8HOURS represent a whole trading SESSION 6HOUR CHART Higher High 200EMA Selloff on 6hr Corresponds the36EMA on DAILY BULLISH ENGULFING on 6hr 36EMA after a potential longer term 8hr (All Asian Session) Price Bounce And maintaining of Higher Low Price Structure 4HOUR CHART Short Term Break of Structure (BOS) on 4hr Chart is a good caution to let us know that price won't just rise so easily higher 2 HOUR CHART For Price to Change Direction We have seen 1st 2hrs of hitting 200EMA rejection Another 2hours of Price Slowing without making a new low follow by 2hrs of another Price Slowing after a Preceding Downward Selloff Spiral A clear indication of good 6hrs of consolidation That eventually break out higher.Now we have a good reason to look for BUY OPPS on Smaller TF The lower timeframe analysis will follow on hourly to minute charts.
BINANCE:ONEUSDLong
by LukmanBalogun
2
IT's Time To Bounce ( With Actual Technical Analysis Content)NOTE: ZOOM OUT TO SEE ALL THE WAY BACK TO AUGUST 2021 to make sense of this Here we are... in the mixt of the most infamous parts of the crypto market cycle: The Start of a massive Bull Run. As we finally hit the first major retracement level. The question stands? Where do I buy? Where (too late now) would I short to? Where do I put my stop loss? Here is what I see: 1) Slight Head and Shoulders pattern forms in area around reversal, indicating bearish impulse. 2) BTC ranges between the 50% fib and 38.2% fib for a few days of time. This tells me, that 50% line will most likely serve as the pivot point back upward. I would put my stop loss probably somewhere in the middle of the 50% and 38.2% zone but beware of stop loss hunting that will likely occur before the up-swing. If you are margin trading, I would recommend setting a buy zone in that zone as well to counter the effect of a potential hunt. 3) Historical situations show that most of these retracements tend to occur with similar fashion. I have zoomed out (zoom in on specific current zone and August 21st, 2021 zone for comparison.) In comparing the zones: Notice the similar structure of the initial breakout/retracement pattern occurring in bot areas. **This does bring me to the point of addressing how this comparison does not line up with my last point. This is because this time period showed more resistance between the 23.60% zone and the 38.20% zone while the current shows what I mentioned before. Things may be similar, but rarely identical in this time and age. 4) The aforementioned zone in August 2021 shows a similar behavior as we analyze wave trends. We see a two pretty large impulses followed by the retracement period and as seen in August, that leads to an even larger breakout. 5) RSI typically dives down to get close to or touch off the 30% line leading into a bullish swing upward. I'm pretty certain that we are approaching a very clearly bullish segment after a cold crypto winter. Make a move, make some money.
Long
by PapaBear95
2
Correction complete time to long TEZOS XTZUSDTThis setup like any ALT/Derivative or Spot setup is and always will be dependable on how BTC is trading . Please ensure you understand this as I have been trolled by individuals whom dont understand the distinction and thus probably lose money and take it out on me . Ok well here we have the XTZ/USDT Pair on Bybit Perpetual contract . As you can see from the drawing we have completed a full retracement down to the .886 fib and made a nice reaction off of this level , with a back test of the .382 back on the 5th Of Feb and now we are slowly building on some upwards movement again . If you are looking to enter I would suggest that you set some alerts and maybe we pull back to the .382 when BTC throws a wobbly or the .236 if we were to fast wick down ... again revolving around BTC ! Sitting at the .786 level is the POC so i would not expect to go straight through it as i anticipate a fair level of resistance here . My targets would be around the 1-1 as marked and around the VAH . Ensure to take profits on the way up in increments of 25% for example . .Always use a SL and know your Invalidation
Long
by SJTRADESFUTURES
3
FB - Meta Is Showing What Is About To Come In The Stock MarketIn case you've been living under the rock, on 3rd of Feb. at the market close FB has fallen instantaniously for 20% and is since then continued to drop. I am not gonna focus on the news even though they did play a role here. Something had to happen somewhere between those large market cap stock and it looks like FB is leading the crash. Just so you know i don't believe the entire stock market is bearish yet, just some of the large market caps as this is where long term investors start to take profits first or rotate the money into still undervalued stocks like F (ford) or PTON for example, that haven't had their true bull run yet. Trying to count elliott waves i think we are close to the bottom which should come somewhere in the upper middle of the 2017-2020 trading range ($180-210). After that a expect typical ABC retracement of some sort back to the 70% of the initial fall to $320 price area (.702 fib. retr. lvl.) before continuing the bearish journey. I am not a financial advisor so non of this should be taken as a financial advise. Be well. NASDAQ:FB
NASDAQ:META
by AVA37
5
GALAA possible 5 count on GALA and an upcoming Resistance. I expect a mild correction in the next 24 hours. Although BTC looks like it might push for 44k, so GALA's 5th wave might be very overextended. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️ BINANCE:GALAUSDTPERP BYBIT:GALAUSDT FTX:GALAUSD FTX:GALAPERP OKEX:GALAUSDT OKEX:GALAUSDTPERP
by WhoIsWu
4