BTCUSDT All eyes on fibonacci ! Sperodeo is done!The pattern Sperandeo has finished its race,
now all attention to fibonacci retracement,
price is between 23% ($42364.01) and 38%
($37175.93) levels.
There are some thoughts that Amazon
is going to use BTC ad payment method,
this fundamental factor pushes BTC to bullish
direction, so our next target is $48285.52
Please check my previous post !
Have a great day
and good luck !
Azaladze
BTCUSDT Recovery perspective !Pattern sprandeo is one of the most popular
pattern and s giving an amazing opportunities
for trading. In our case this is bullish paterns and
every trendline is resistance target.
We can trade beetween this trendlines.
I recommend to fix profites after every cross.
For the long term Sperandeo predics change of trend,
specially when
it is on a long term timeframes.'
EURUSD Neutral Monday! Waiting for market sentiment!The pattern triangle was crossed to the bearish
direction, however there is no strong fundamental
support for strong dollar as FED's Jerome Powell's
speech was dovish last week. We need to wait
during Monday and figure out market sentiment,
this is now crucial to make weekly trading decisions.
Targets:
Resistance N2 - 1.1880 market open for this week
Resistance N1 - 1.1836 (Daily low for July 12)
Support N1 - 1.1770 weekly low price for this week
Support N2 - 1.1711 Monthly low
News US to follow:
10:00 German Buba Monthly Report
14:00 Housing Market Index
EURUSD is in controversial mood but with clear targets On CPI news yesterday dollar has gained a bit to
1.1770, however this is very short term impact
on the market. To short EURUSD (Bet on dollar)
we need more arguments as economic
situation in the Eurozone is also positive.
1.1880 is an open price for this week.
At this stage it one of the most important
target for buyers
Check out the pattern Trend Channel by T1 and T2
trend lines, based on theory price can reach point 5
(1.1880) which can be a good signal to long EURUSD
Targets:
Resistance N2 - 1.1880 market open for this week
Resistance N1 - 1.1836 (Daily low for July 12)
Support N1 - 1.1770 weekly low price for this week
Support N2 - 1.1711 Monthly low
News US to follow:
12:30 Producer Price Index (PPI)
16:00 Speech by Federal Reserve chair Jerome Powell
BTCUSD Next Rully ! Also Check MY Forecast VS Actual !Price was moving exactly as I have posted. Now
next target is Fibonacci level on 76% - $16101.98,
which can be reached in next 10 days. The up
trend is very stable and strong, I can not see the
argument to short BTC now. Extra motivation for
rising is bullish pattern Right Triangle (T3-T4)
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
www.tradingview.com
USDNGN Long term analysis !Pattern Wedge on NGN, but take in mind that this
is monthly timeframe and of course long term
analysis. Based on technical indications NGN can
correct its trend against USD to 349.77 in next
5-6 months. Anyway price can gradually decline
to 360 before christmass holidays\
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
www.tradingview.com
USDUAH New trading range and trend correction !As I have posted last week, Turkish Lira has
started its correction against USD. But not
7.8000 is my support level, which will be
I have announced T1 as the most important
support level for UAH against USD and this
week prices has touched T1 trendline, we
need to realize that this is long term trendline
and little crossing of this trendline can not give
as strong information about trend correction,
but anyway UAH is stable for this and next several
weeks. I expect 27.900-28.200 trading range.
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
www.tradingview.com
USDTRY New trading range and the end of correction !As I have posted last week, Turkish Lira has
started its correction against USD. But not
7.8000 is my support level, which will be
hard to cross, if there will not be strong
fundamental advantage. We can expect
8.0000-7.8000 range for next several weeks.
I will update analysis if there will be some
crutial news.
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
www.tradingview.com
EURUSD The most important Support level of this week!Price has already touched 233 MA,
wich may be the end of downtrend,
at list we can expect short correction
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
www.tradingview.com
USDUAH The most important support level !Pay more attention to T1 trendline
New trading range for UAH, 28.200-907.
This range can be kept during next 2-3
months. But I expect another race to
29.500 after Christmass holidays
Target 2 still can be reached in November
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "Group from Moving averages based on Fibonacci numbers"
www.tradingview.com
USDTRY Correction has started, track the green line !My expect movement on TRY has started.
Compared to my last post, check the link below
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "Group from Moving averages based on Fibonacci numbers"
www.tradingview.com
EURUSD Bearsih pattern Wedge on H1 timeframe !Pattern Wedge on EURUSD currency pair by T1
and T2 trendlines. This is bearish wedge
and forecasts short reverse movement,
little gain for USD. Also check the fibonacci
retracement for last bearish trend, the first
support level is 61%, around 1.1855
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "Group from Moving averages based on Fibonacci numbers"
www.tradingview.com
EURUSD Pattern Sperandeo - DONE !Pattern Sperandeo has worked well, now I
recommend to close all your profit and wait
for US alaction results
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "Group from Moving averages based on Fibonacci numbers"
www.tradingview.com
BTCUSD is gradually rising, still no argument to short !Exactly what I have drawn, please check the
previous post about BTC below. Green line has an
expected movement
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "Group from Moving averages based on Fibonacci numbers"
www.tradingview.com
USDJPY Wedge is still active and will be crossed in next week Price is still playing with T1, I can not
confirm that the pattern wedge is finally
formed or not, but still we have range
above T2, so there is a chance that this
pattern will work normally. I would
recommend to long USD JPY above 38%
level of Fibonacci
Check out the educational stream about pattern Sperandeo
www.tradingview.com
GBPUSD Testing pattern right triangleStill testing T1, but I still not recommend to short GBP, let's wait for more technicals
Based on the pattern Tiangle GBP may rise sharply
against USD. This movement can take over 2
months, usually the pattern is brocken on 5-th
touch. Now we have an opportunitie to trade
from point 4 to point 5 and then if price will
cross T2 trendline, we can long GBP for Q4 2020.
BUT keep in checking fundamentals
Check out the educational stream about pattern Sperandeo
www.tradingview.com