Retracement
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
Analysis EUHello traders, EU looking well. However News will be going ON APRIL 7. If we get a drop before the 7th then we should be expecting a drop. However if not it might go right through and then recover. Despite that, EU looking really bright with the multiple timeframe of divergence and BOS(break of structure). Another proof that I see is the engulfing candle on the 4hr. Now we are expecting a retracement at the moment. Thanks for reading !
SE take profit mode off Crab perfectPerfect execution of Bearish CRAB Harmonic Patter.
The 1.618 AXA target hit to penny.. Accumulated position at $204 level.
Expect pull towards T1 level of $220 as we are in take profit mode below recent high.
Good luck to everyone and manage trade with proper stops.
Watching retrace of FILECOINOn the daily, you can see, FIL jumped all the way to the "golden number" (1.618) on the Fibonacci, and has started its decent.
Looking for buy opportunities at retrace back to .618 or .5. Hopefully, we will see $80-$100 range on the retrace.
This may have been the pump for FIL this Alt Season, or could just be the beginning!
Thoughts?...
Thanks for your time! Please like and follow!
USDJPY sellAs it is, USDJPY seems it is clearly in an uptrend. However, this uptrend is overextended as indicated by RSI and the steep trendline it has formed. I am expecting a pullback to the 0.236 fibonacci retracement area, where it will meet the acsending trendline. From there we can expect further growth.
In conclusion: Short term sell, long term buy