Get started

Fibonnacci

EURUSD This impulse was expected - Let's zoom inDear all, See my previous post "Last leg of a larger retracement": The EDT was expected to unfold and the full retracement to stop at Wave 2 level. This occured. From there we see an impulse which is shown here on the 5 min !! chart. I would like to give you more insight how I interpret the chart based on wave analysis. Current Situation: We see an impulsive in wave (i) and a correction in w. Then the price moves higher in wave x. Now, wave x is very important. Many people think that this is a new impulsive wave and go long. From my view this is wrong. A retracement always ends with an impulsive wave (maybe I will show this in a video taping. Difficult to explain in written format). And the previous leg of x was not impulsive. Going Long now bears the risk to be knocked out. Therefore be patient and wait for the last impulsive decline (i.e. confirmation). Btw, technical analysts will call this later "the price has tested the trendline". So I expect this decline to happen down to the marked rectangle. If the wave y stops there, this might be a good entry point for a long trade. Nice Weekend Merakshi
Long
by merakshi
DAX - Short - 0.382 Fibonacci Retrace - March 11th Resistance0.382 Fibonacci Retracement & March 11th to break through Plenty of positivity in the day (Oil, New York Virus Regression, Mortgage performance, Slowing death rate in europe i.e. Spain and Italy) At a point of 2019 lows which could prove difficult to breakthrough previous support back in 2016. This consensus definitely forms a basis for a short trade or if your optimistic see if it breaks through this resistance and let the bulls continue to drive forward.
DShort
by darrenkav25
NCLH - Fibonacci retracement shows first level of resistanceNYSE:NCLH Norwegian Cruise Lines (NCLH) recently ran into resistance as sellers prevented the stock from going past the .236 fibonacci retracement level earlier this week. Furthermore, recent options activity shows bearish sentiment with NCLH put/call volume ratios of 2.07 This means for every 1 call that trades, there are 2 puts are being traded. The Put/call open interest ratio is a little more narrow at 1.20. (Ratios were taken at the time of when this article was written and are subject to change). With the prospects of receiving a bailout is not looking good for the cruise line industry, there are mixed signals from the White House that leave many investors wondering whether to buy the stock now, or wait for another drop in the stock. Many cruise lines have suspended all operations for 30 to 60 days. So we will be monitoring the impact that has on the stock. The White House is expected to pass the massive CARES act, which may provide many U.S. companies the eligibility to receive loans or loan guarantees from the Federal Government. The major cruise lines are not incorporated in the United States, which the President knows and mentioned last night that he would like to see them come to the United States... and that he wants to assist the cruise lines. <- You can see now why it's a toss up as to whether or not the cruise lines will receive financial aid from Federal Government. Based on all the public information available, where do you think NCLH is heading? Up or Down?
NYSE:NCLH
by UnknownUnicorn6775423
Análise do Bitcoin - Gráfico Diário Antes de iniciar é bom ressaltar que o momento agora é de observar, até o mercado reagir atingindo os alvos demarcados neste estudo, só após isso acontecer aconselho entrar no mercado seja para traders ou para holders. Segue a análise do Bitcoin do gráfico diário. O BTC chegou a um forte suporte de 8000,00 dólares. Vamos esperar pelas próximas horas para ver se teremos força compradora dos Touros para mudar esse cenário de baixa que ainda permanece. Próximo suporte - entre 7750 a 7450 Próxima Resistência - entre 8200 a 8300 Bom é isso por hoje! Boa sorte nos tradings!
by moedanaerablockchain
GBPUSD is Setting a Stage for Massive Rally.The advance from September 2019 low can be seen as a five-wave Elliot Wave impulse structure, labeled 1-2-3-4-5. According to the theory, a three-wave correction follows every impulse pattern. In GBPUSD's case, the decline from wave 1 high in December 2019 has been unfolding as a three-wave A-B-C zigzag pattern. Wave A and B of the correction are sharp moves while wave C seems to be unfolding as an ending diagonal pattern. If this count is correct, GBPUSD is about to complete a bullish 5-3 wave cycle. The theory states that once a correction is over, the larger trend resumes in the direction of the impulse. Here, once wave “C” is over, a bullish reversal can be expected. The anticipated rally has the potential to move GBPUSD price above wave 5 high around 1.3518 in the short term. What's your thought on GBPUSD? Let me know in the comment. Thanks.
Long
by Veejahbee
3
THETA/BTC - GOING TO PUMP SOON!Theta earlier this month before BTC took off had a beautiful breakout of a long term wedge that developed, turns out it was either a false breakout or Bitcoin pushing it back down! What I see here is a Re-test of the wedge and then this one taking off toward the 61.8 fib level and beyond. Momentum is hooking up and one of my other indicators also caught this and screamed to long. If you see the other calls it made for Theta it does a great job. Theta for a fundamental side of things is also being featured at SDC19 0 Samsung Developer Program Conference. They will be featured at the conference to demo integration in smart TVs. Remember THETA was developed with Youtubes Co-creator so they have real connections. SO you have TA and Pumpamentals aligning! Trade, Chart, Learn, Repeat! Coach K Twitter: @coachkcrypto Looking to learn from a certified teacher and coach? Telegram: @coachkcrypto Send me a message and ill get you started! Disclaimer: This is not to be taken as financial advice - This is what I am doing
Long
by Joel_CoachK
CAD/JPY Fundamental : Canadian are having an election October 21 that could lead to a weak dollar and Japan have just close a trade agreement with United states that will surely advantage the yen. Technical : I'am seeing a huge short opportunity on the CAD/JPY pair, I have use the Fib Channel to determine that the short therm uptrend could revers and follow the long therm trend. I've personally enter this position at 81.800 (blue line) where the trend line and the 150 EMA have joint, I haven't put a stop loss but I've put alert 10, 20 and 30 pips higher to make sure that the downtrend is not broke. One of my take profit is 250 pips lower that I think will be touch in the next to days where the Level 0.618 of Fib Retracement cross the 0.236 line of the Fib Channel Remember, before investing, you should always make your own opinion, this analysis is only my personal point of view and is not a investissent advice.
Short
by Le_Joseph_LHeureux
1