Retracement
Consolidating Structure Breakout | Short Opportunity on PullbackLooking to enter shorts on a pullback retesting the back of the broken ascending TL in confluence to the inner 0.618 fib retracement, previous area of S&R, and respectable descending TL.
Cancel order if 129.700 level gets broken before getting ticked in.
DOGEUSDT AnalysisHello traders!
After the Huge pump doge is continuously dropping and the bears are not settling yet. We can see one more drop to the previous low and the drop can below the support and will use it to form some strong reversal pattern. These patterns will form below the support like.
This post is just to share my views on doge. This is not trading advice in this pair as it is very volatile and can change the views on any good/bad news.
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US500 Over the TOPUS500 as climbed high in this last weeks.
Value is now overbought do to the high distance from the ichimoku support and the 18 days of green values.
Value reached the top of the uptrend channel
Trading idea based on fib's retrace and comum sence.
Trade safely
Cheers!
Cup and Handle + value sectors set to jump high A beautifull Cup and handle habe been formed and confirmed on weekly - now retracing to the 61.8% Fibo as expected to jump even Higher.
im taking a start here at 21.6 as am not sure its gonna retrace to the 61.8 fibo. i d scale in if it does.
High probability of huge gain
CADCHF-4H-ShortHi guys;
On CADCHF ,we can see the price breaks the uptrend channel after that it is gonna the retest to resistance zone.So we need on the resis zone we find some reversal signal for getting to short position till T.P1 , T.P2.
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Bitcoin inverted head and shoulders patternBitcoin formed an inverted head and shoulders pattern on H4 view.
Usually, it is considered as bullish in 50% of cases as patterns work better on daily view.
My target is 74K, however we performed 6 months of bullmarket in a row, which never happened since 2012.
7 months never happened since 2011.
We could also see a retracement this month but we have more liquidity with institutional investors and higher market capitalization with more billionaires in the game.
ZCASH LOOKING BULLISH4HR Chart:
-ZCASH has retraced 80% - 100% since Jan-Feb.
-Showing good levels of support as it moves up.
-Continuous higher lows shows still in uptrend
-Nice gap between 10/50ma over 200ma
-Knocking on the $200 door and now making new highs.
Watching for retrace and potential buy setups.
Hope you all have a great day! Thanks for your time!
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And remember, don't chase, retrace!
Shorting Gold XAAUSDI am looking to short gold.
Originally price found support at the monthly/weekly support/demand zone.
Price ultimately formed a double bottom.
I was expecting price to meet resistance at the neck line (which is also the daily resistance level), and it has.
Since price fail to break through the neckline, I am expecting price to retrace to the 50.0-61.8 fib level, where it will then gather more momentum then look to make another bullish attempt.
EURUSD Overall Bearish Bias BUT chance to enter a Long Position.Here is part 2 of my EURUSD ANALYSIS. Look below for the original analysis.
Price has begun it's bullish move to the upside and is pulling back as expected.
I will be long on EU until price meet resistance and form a bearish candlestick pattern, then I will look to short.
Here is the image of the original analysis performed on March 28
DE30 sell opportunityI see a sell to fill the gap below, the DAX has seen all time-highs going into this week and although it has the potential to continue up to 15500 at some point I believe a retracement is its next major move.
USDCHF technical analyses so given the chart pattern we have a broken trend on daily but in weekly everything is noraml and we can see that there is a good chance that market will hit the area and then we can look for entry on 4h timeframe where momentum shifts so you can take short here to that area with your own R/R but on that area based on fibo retracement on weekly you can look for long . but this is a game of probability so make sure to have your stop loss ready ! good luck !
Alien2a