Hi Fellowers, In this chart i reveal on of my most basic but very powerfull trading strategy's It is one of the most simple methods I use within trend trading analysis. I use fibonacci extensions and fibonacci retracements, and elliot wave theory. Now, elliot wave theory is pretty complex to understand so I do not cover this in this subject. In this subject...
Here is good LONG oppertunity on BTC, Where we enter from the fib cluster on $27800. We take SL around $25600, where we find major 61.8% support levels. From there we try to TP @ moon :) If we breach 25600, we buy @ $21300
Here is a perfect short oppertunity for ETH, since we have formed a wonderful pattern within the retracements, ETH is to be expected to soar lower to ultimate target 100% projection and its 50% retracement level on the 4 hourly. We expect therefore a target around 860. This pattern is formed due the double top forming from the 38.2% towards its 14.6% and 9%...
Intraday Short oppertunity Here is an idea to short on the extension I on the fib ratio's within the wave analysis. We expect decline from current level ( 23800 ) to 23002 area 61.8% retracement... ( 1hr tf )
BTC Short idea, Bitcoin is following Fibonacci analysis since december 2018 exactly as forecasted. Every single support and resitance is supported by Fibonacci analysis. (see chart) Since we reached our target on the expension fib analysis, we started to short BTC @ 23.750$ towards our primary target 50% retracements. However; once the second top has been...
Dear Traders, In this setup we continue to sell EURUSD further. We use the 61.8 Fib projection as our stop loss level. We target the ultimate of the swing low which is also a new low on eurusd to 1.0796 which is the 127% extension on the daily graph. Happy trading folks. Follow us on Facebook: www.facebook.com Get the latest, up to date trade ideas here:...
Dear all, In our previous post we shared the short idea from 1.0934 to 1.0818.. this short is still valid. However the buyers are chasing the stops now on second line of defence. This line of defence is around the 1.0966 as per previous TV Idea. Now we move on to continue and spread the short on Euro to 1.0818 from 1.0934 and 1.0966. Since we are able to plot...
Dear follow Traders, Since we have reached our shorts tp ( from previous signals) earlier then expected. We are buying for a short time Euro back into the channel to 1.0930. Fro these levels we will continue to short further. our SL is expeted below the fib 161 and 127 extension. Which is around 1.0875 I will place a new TV soon. Follow us on Facebook: ...
Dear Follow traders, As you all can see we have a very sick ride on Euro. After we reached our shorts tp @ 1.08888 we went long as per previous TV chart to 1.0930. Now we are aiming to look back to continue to sell on rally from 1.0934 and 1.0966 to 1.0818, we still have the 200% projection running around 1.0848 as per previous short signals We use SL's around...
In This chart we see a clear breakout on the 161.8% 4 hourly Fib projection. As well the extension 161.8% has been breached. Since we are looking in the pitchfork trend for new sell oppertunities we wait for the signal till we reach new resistance. This zone is to be expected around 1.1020 at the 123.6% projections level. Thus, we can also see the 1.1016 on the...
- First we will see the price develop back long to around 1.1046 ( fib 61.8% on hourly TF) - We see that the price nicely bounced of the 127.3% on the Extension I on the 4 hourly TF and exactly on the 161.8% on the daily TF. :) #confluence --> this was exactly as predicted in our previous signal where we had a 100% accuracy. (despite i drawed my SL incorrectly on...
Dear followers, Here i want to share you this perfect chart fibonnaci construction of the past few days, notice how EU behaved at 61.8% projection after breached this level, and notice as well the 100% resitance after breach. Since EU went str8 to its ultimate low in the projection 200% and did a multiple test, i am expection an outbreak . There is a chance we...
Selling Eur/Usd on breakout fib retracement 61.8%. looking to find new low or at least 161.8% on projections fib line. Fundamental: Not really much changed last week. We stay short on EURUSD for longer period of time. We still believe that rate cuts will not come that fast, on top of that Europe starting new program to boost ecomony which wil influence euro on...
Hi all, Here a trade idea to short EU/usd from 1.1315. The price turned slightly bullish on rejection of the weekly retracement level 61.8% ( got rejected twice) However price came back to a demand zone of USD strenght around 1.13. Bulls wants to get paid 1.1315- 1.1320, bears will get into the market on these resistance levels to get paid further down to at...
Eur dollar is heading towards ultimate low of february 2019. There is no doubt that it will hit its target. Also on the projections the 161.8% short side is breached. So we are targetting the 200% FP, which directly beneath the major weekly fib level 61.8%. We had previous buys already on this level in february till 50% of the same retracements. This gave us a...
We are going to sell GBP/USD due uncertainity on brexit remains. We expect further breakdown on the short side and expect the major support area around 1.300 not to held. Once this support failed to hold. (bleu box) the GBP/USD has free room to advance to the full retracement on the daily TF to 50% and 61.8%. If the 1.3000 area will hold. We expect ranging area...