nice pair to trade on. This pair moves very smoothly keep an eye. 1:5 risk to reward
NZDJPY Head And Shoulders and Fibonacci 61.80% Retracement
3rd consecutive 61.8 retracement. Going long and hard in this one. Not going to be greedy, so im looking to take profit around the 23.6 area. Waiting for a break to confirm, and or a nsl (new structure low) on the 4hr chart
XRP head and shoulders showing on the smaller time frames. Previous test of the 1.618 and after being rejected looks as though it will be pulled back into the first fib level (0.0 - 1.0).
My Sell got triggered 152.81 ( Below 618 level of 153.8) TP1 - 147 TP2 - 143.3
The oil has come to a price where it is trying to decide a way to go. It's big movements has decreased and now couldnt make a new high high and formed a double top. It could go either way but I favor for a correction which is short because of the resistance line. Whichever way price goes we will act accordingly.
The dip was too far, doesn't look like the 50% line is going to hold it for long. Most likely NANO is heading for the turning point 10207 Satoshi. However, this story looks too simple to be true, we've been here long enough to expect a twist in the plot. Maybe big daddy Bitcoin will have something to say about it.
double top followed by 61.8 retrace ... just for personal tracking purposes
This looks pretty good to me. We'll see what happens from here.
Good area of previous resistance, we have had a 0.618 fib and a few failed attempts to break this level. I'm aiming for the 0.7800 level 2:1 rr
Looking to short FX_IDC:EURUSD tomorrow. Scenario 1: EURUSD testing last candle at 1.9800 and a 0.618 fib and falls short from there. Scenario 2: EURUSD pops up to 1.2050 from GDP Results tomorrow and then shorts come into play from Interest rate decision. Will need to be careful with this trade as EURO GDP results may provide a false breakout to test the...
see link... two times .618 support. buy the third time.
buy on 61.8 level. But watch price action first or smaller TF
sell when retest the structure or 61.8 level
Watch 1.06511 (61.8) once broken enter a Long Position above, or wait for price to get near 1.0600 before placing a Long Position. Stop is at 1.05993