letslearn

letslearn Updated  Dec 28, 2021

Monthly in Red, weekly in Blue, short term in Pink We are at Monthly fib level 23.6%, now I am biased that as a support because C wave of ABC which has started on 12/20 has not reached 100% yet, 52K - 54K area is a confluence of weekly and short term fib levels.so let's go to that confluence and decide the next steps. I don't want to write a lot and take your...

letslearn Updated  Dec 28, 2021

So for now 23% fib in blue has stopped the flow but for how long? possibly 23% monthly fib in red. In short until the high is taken around 103-107 area, any bounce is a recipe for short. This is my opinion, do your DD. good luck

letslearn Updated  Dec 28, 2021

Same drill one more time. Monthly in Red, weekly in blue and Short term in Pink I should start that I was looking more low but it did not reach out to 23.6% Monthly, however it did cross Weekly 161.8% extension that's more likely confirming that there may be more downturn left in this BUT NOT FOR NOW. Nothing goes only up or only down, In my opinion it should...

letslearn Updated  Dec 28, 2021

Monthly in Red, Weekly in Blue, short term(8 hours) in Pink and 45 mnts in Black Very simple case. We are in a stage where the probability of going upward is high. But this idea is about 45 mnts Eventually I see the gold at 1832 but shall we take every drop of water available, of course yes when possible. Because it has run fast 1750 to 1814, it must retrace...

letslearn Updated  Dec 28, 2021

This is a simple and solid idea. Just go with the flow. Monthly in red Weekly in blue and short term in pink Everything is in place, downturn continues until it reaches 100% pink level or weekly 38% retracement around .075. Where do I expect honestly , monthly 38% which is .072

letslearn Updated  Dec 28, 2021

Hello Hello people. Back with some conviction with this trade. Monthly fib in Red, Weekly in Blue and short term in Pink. Last time the ride was good upto 222 which I posted last week. Now it's look little overextended and that gives some shorting opportunity. A safe entry is below Blue fib line 222.40 and there are a lot of places to take profit as down as Blue...

letslearn Dec 26, 2021

This one has recently broken below 38% weekly fib level in Blue and come back up. What's happening currently? nothing much it's just a fake recovery after a big fall from .75 to .70 level. So either this is an opportunity to sell now or may be with more patience sell this after it reaches to 50% to 61.8% Pink Fibonacci level from 8 hours. Honestly I see this...

letslearn Dec 25, 2021

Hello everyone, Here you go. Monthly in Red, Weekly in Blue and Short term in Pink To be clear, Long term GBP is bullish but will it go straight up, of course no way. So let's try to take some pips when there is a possibility. Ideally I wait Pink 23% to be broken below to confirm a downtrend short term but I am just being impatient and let me know if it's...

letslearn Dec 24, 2021

Drill starts, It's running towards monthly and weekly fib level confluence. Chart says everything, do your DD and decide yourself. Timeframe of your trade is very important, judge yourself what type of person you are and then pick the time.

letslearn Dec 23, 2021

If you have seen my previous posts, then you k now the drill Monthly in Red, weeekly in Blue and Pink for short term CHGG has dropped like a rock but then 78.6% Monthly fib level did become magnet, never ever it has closed monthly below 78.6% I know we are left with few more days this month but I doubt that it will close below red line. Now with that assumption...

letslearn Updated  Dec 23, 2021

Monthly fib in red, weekly in Blue and short term in Pink Below chart should be clear, when there was a first time touch to Monthly fib level, there is a bounce and today as well at 50% monthly, now the question is whether it will go past weekly 23.6% and 38.2% monthly around 960-970 OR shatter all these levels and go all the way to weekly fib level 50% to 1062....

letslearn Dec 23, 2021

Alright drill starts here again Monthly in Red, Weekly in Blue and Short term in Pink Ok so we are in ABC pattern in short term and that leads us to a touch of 23% monthly target and also 100% extension short term. Honestly I am looking at mid range between 50% and 61.8% weekly target, it all depends upon the risk you can take. Weekly 23% can be a stop loss ,...

letslearn Updated  Dec 23, 2021

Just to be consistent, when I publish my monthly fib retracement is in Red, weekly in Blue and short term in Pink. Perfect reversal from 23% monthly fib level and today it has touched 23% weekly fib level and now moving towards 38.2% weekly fib level. In my view if there is a correction before it goes higher from here then that should be helpful for an nice entry...

letslearn Dec 22, 2021

Monthly in red , weekly in Blue and short term in Pink no talk , only action Monthly low is in, Weekly low is in. Well at least in this speculative market you have to take some assumption, so everything here is in my opinion, do your DD. BTW stop loss is may be 175 Ideally entry is monthly 50% to 61.8%, that's where we are exactly and now let's take weekly...

letslearn Dec 22, 2021

There is a trendline support which has no guarantee by looking at the amount of time it has tried to break. There there is a 50% weekly fib retracement which is probably acting like a resistance, there there was a run from 78.6% fib level to 50%, what a run which needs to calm down a bit. So where is the confluence??? at around .072 there is support/resistance/fib...

letslearn Dec 21, 2021

Just an opinion without any indicator, See Monthly retracement in Red, weekly retracement in Blue and Fib extension should fail around 23% monthly retracement. What's the alternative please share your thoughts. OANDA:USDCAD These are my assumption, Monthly retracement did not reach to 50% which makes me believe eventually it should go to 1.18645. But before that...