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EURUSD LONGWhat I have included on this chart is : An Impulse wave An equidistant channel A Fibonacci extension And A fibonacci retracement from the 1.618 level of the extension The impulse wave and the fibonacci extension both create a major support level at the ~1.08641 level which has been tested quite a bit recently. The white levels are the retracement and I can see the first leg of the corrective wave reaching the .382 level of the retracement; setting a TP at ~1.09194
Long
by bcombs95
BTCUSD Potential Long Opportunity in the Future (Deep Crab Pat.)1.) I show one recent harmonics pattern that has already completed within BTCUSD on the 4 hour time-frame, and hit its targets - Scott Carney's version of the Gartley Pattern. 2.) I show a Deep Crab Pattern that is in formation, and yet to be violated, with descriptions for how to calculate the "potential reversal zone" (PRZ), from which to look for bullish price action to take 2 equally sized long positions (or one position that you will trade in two equal lots later on). I also provide the general stop-loss and targets for this set-up, with a few added pointers on how to make it a high probability trade.
BITSTAMP:BTCUSDLong
by JamesBrown
1
Gold topLast week strong rally seems to be now close to exhaustion. Even though the long term uptrend in gold remains intact, we are close to a local top. I apologize for the crowding of the graphic, but these three items all point to the same issue: - The pitchfork has been useful to define support/resistance for the last month and last session closed exactly at the upper limit. - The 1,618 price extension from last two local top and bottom lays at 1296 - We're almost 20 USD outside the Bollinger bands which was useful top indicator on last occasions. Also note that volume was raising along with price during the last five days, except for friday's where it decreased, marking the bull energy is nearly gone. SL at 1305 TP at 1275 or even 1265
FX:XAUUSDShort
by purpurato59
4