Get started

Extensionfibonacci

NIFTY - Ready to Launch into 27000 levelsGETTEX:NSE : NIFTY NIFTY Index since its inception in 1990 - completed Wave 1 in 2008 followed by Wave 2 with FIB approx 0.5 Fib level retracement. Then continued wave 3 impulse wave until COVID impact with a sharp correction(retracement) to 0.382 fib level marking the completion of wave 4. when waves 1 and 3 neither of them are extended and wave 4 retracement is only 0.382 fib level, a most likely scenario of wave 5 is extended till 1.618 FIB extension (~27100 Level) This long-term possibility could take months to make due to macro global and political as well. However, the current position of INDIA in the Technological and Political Landscape globally. I truly believe this possibility is a quick one to achieve.
NSE:NIFTYLong
by MendiUser
Bullish movementEnglish First of all, we have a bearish structure on monthly timeframe, on weekly and daily is the same, but looking at it on 1h and 4h looks bullish with HH and HL, I believe the price is going up because of its structure and I´ll be waiting for it to get in the 200% extension and then have a retrocement in the 1.27 level, the market usually does those kind of movements. Let´s see how the market continues. *THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE* Español Primero que todo, tenemos una estructura bajista en mensual, semanal y diario, pero viendo el precio en 1hr y en 4h tiene una estructura alcista con altos más altos y bajos más altos, creo que el precio irá arriba debido a su estructura y estaré esperando a que llegue al nivel 200% de la extensión del Fibo y luego agarrar su retroceso hasta el nivel 1.27, el mercado suele hacer ese tipo de movimientos. Veremos cómo continúa el mercado. *ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
Short
by DarkTradingCapital
1
Possible scenarios for BTCEnglish On a weekly time fame, I found a possible TP for the ones who are buying BTC and that zone is good to see how the price reacts and wait for a bearish movement. On the other hand, the daily escenario we have a zone where we could buy again this asset after a retracement, but we have to keep an eye on the news because of the ETF approval scenario which makes a FOMO time. Let´s see how it goes. *THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE* Español En un temporalidad semanal, encontré un posible TP para los compradores y esta zona es buena para tomar profits o parciales y dependiendo de su reacción, ver un posible movimiento a la baja. Por otro lado, en el escenario diario tenemos una zona donde podríamos comprar nuevamente este activo en un retroceso, pero tenemos que estar atentos de las noticia del ETF el cual puede crear un tiempo de FOMO. Vamos a ver cómo se desarrolla el precio. *ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
by DarkTradingCapital
Possible movement US30English First of all, I looked at the market structure, we have a pretty clear bullish structure, the first HH and HL were OK in its structure without any debt. Then, looking at the next HH and HL, we noticed that the price didn`t cover at least the 50% of our Fibo, so we still have a nice zone to keep an eye on it for future bullish movements. I used the fibo expansion to see if we have any debt in the first movement from the last HL and I noticed a debt in the 78% of it, a nice zone for a possible bullish movement in the future after a financial crash or something really strong like a recesion. All of this on a daily time frame. Looking at the other structure from the last HL, I noticed a bearish structure, but in the last days the price broke the last H, so we could expect for possible higher prices, but it would be good for the price to have a retracement before to do it and possible, give us another HH and HL. We have to be carefull because we now are on a zone where the markets doesn`t give us HH or LL or anything like that, we need to wait for the price to break that structure for further movements. *THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE* Español Primero que todo, mirè la estructura de mercado, tenemos una estructura alcista muy clara, en el primer alto màs alto y bajo más alto su estructura notiene ninguna deuda. Luego, mirando el próximo altomás alto y bao más alto, notamos que el precio o fue hasta el 50% del Fibo, por lo que tenemos una zona interesante a ver en el futuro para futuros movimientos al alza. Usé la expansión de Fibo para ver si tenemos alguna deuda en su primer movimiento desde su último bajo más alto y noté una deuda en el 78% del mismo, una buena zona para posibles futuras compras, esperando una futura recesión o algún crash financiero. Todo esto en temporalidad diaria. Mirando la esturctura desde el último bajo más alto, notamos una estructura bajista, pero en los últimos días el precio rompió el último alto, por lo que podemos esperar precios más altos, pero sería bueno para el precio tener un retroces antes de hacerlo y posteriormente darnos otro alto más alto y bajo más alto. Tenemos que ser cuidadosos porque ahora estamos en una zona donde el mercado no me ha dado ni altos más altos o bajos más bajos, tenemos que esperar a que el precio rompa su estructura para ver futuros movimientos. *ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
PEPPERSTONE:US30Long
by DarkTradingCapital
GNS Consolidated and Resting from Big Move LONGOn the 30-minute chart, I see GNS as a Bullish Pennant on a high flag pole in the big move yesterday with consolidation now. It is high in the VWAP bands and so at risk for a reversal to the mean. Pennants more often than not continue upside. To hedge, I have set two lines. If the price goes over the green line a buy stop long will trigger into a market price. If the price drops below the pennant height, a sell stop will trigger the short trade. One trade is on the other will not execute. Ask if you want my suggestion as to stop losses and targets. (EDIT - On the chart it is a flagpole not a flap pole !)
GLong
by AwesomeAvani
BTC - Flat Correction - FIBO mConfluence in game !!Hello trader, Nice week and profitable deals 💲 Feeling the turmoil in the market regularly...Even though I'm just a small fish, I take it upon myself to blame the FED for it. They started the tepppan much too late and denied until the last second that this inflation was not just temporary. On the contrary, it could also develop into hyperinflation! Even if BTC is an integral part of the markets, it has repeatedly failed to demonstrate the intrinsic value of gold! Now to the technical part: The last drop in BTC ended exactly at the 0.887 of the double top, which indicates a FLAT correction that can last for a long time and stopped exactly at the FIBO confluence 0.887 - 0.236 and Pitchfork 0.5. Also the 3 stopped at the Fib Extension 2.0 - Pitchfork1 and logscale Pitchfork 1.5! It's easily possible that we'll stop at the next Confluence point before things start going up again. This would be 0.382 and Pitchfork1 or Median Line !! I would like to mention that all I post are just options and my own opinion! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. ➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️ Thanks for reading my ideas, Trade save !!
BITSTAMP:BTCUSD
by TR7z
BTCUSDT: bullish outlook (with time analysis)Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTCUSDT : a possible Elliot count is shown on the chart. I use these points for my analysis: 1- pattern: After the completion of 5 bullish waves, the ABC correction is seen and the price reverses from 62% retracement wave 1 or A. 2- price: I used the Fibonacci level to determine a PRZ zone (a zone with high probability to reversal) 3- time analysis: I used low to low and wave (1 or A) time retracement to determine a TRZ (a time zone with high probability to reversal).
Long
by niktraders
4
Lemonade "I am shocked"Monthly in Red, Weekly in Blue and short term in Pink I have seen so many charts but not like this, It has broken all the lows and made a new monthly Low to 40. I really want to be helpful for people who are stuck but this is just another opinion, sometimes you have to see as it is. Where are we on this? Previously all time low was broken a couple of month before so I had to adjust to fib extension instead of retracement. Now don't take me to 100% extension because that's taking me to negative and 78% is to 14. Very bad. What else we have? The good part, we are currently at 45 which is higher than previous low 44.11 in 2020 but will it close this month above it or below it. Very important. Recovery structure in short term does not look promising but possibility for a fake bounce to fail. Know your levels when to get out and get in. Stop loss can be 44 or 40 depends upon the risk you can take. In short good sign can be: Monthly candle should not make lower low and a doji is better to form a good base and the bad sign can be: everything you see in the chart continues same way.
NYSE:LMND
by letslearn
5
EGLD - Elrond, yield farming, MEX & into 2022**Thank you for checking out my chart, please 'Thumbs Up' if you like it and support me below by using my links x ** ___________________________________________________________________________________________________ EGLD/USD on a weekly chart using a Fibonacci trend extensions on a logarithmic chart We see a clear strong support trend line over the last year, recently EGLD has kicked off due to potential gains on its Yield farming using MAIAR app, harvesting MEX which is going to be the coin for its exchange platform has seen a huge rise and fall in prices of Elrond recently and also some due to btc movements Let's see if this can hold into 2022 and reach that $1k+ level at some point thanks for reading
BINANCE:EGLDUSDLong
by majorlee
🚀🚀🚀LITECOIN 🚀🚀🚀🚀 My Litecoin technical analysis I go over a bullish bat formation stop levels, take profit levels Entry levels risk to reward profile also go over trend continuation trades. entry, stops, and target on them too What a three-point move is. What an Impulse leg is lots of information in short time. watch it couple 20 times This is the rules I use Video is ok imo I hope to do better in the future me learning share if you found value Thanks GL on your trades Remember A good trade setup can be a losing trade
COINBASE:LTCUSDLong
by JoeyMullins
3
Waves on wavesAs you can see, the short term Elliott Waves build into the larger Elliott Waves. Using this method I predict that TRCH is still bullish and will extend into the range of $8.11-9.24 . Now I have considered the fact that this could just be a double top or h&s. However, my intuition tells me that with Institutions (15%) and Insiders (20%) owning a combined total of 35% of shares and 18% short interest which builds as the price increases on TRCH (as seen in February when TRCH first hit $4.00). In addition to this the short ratio or "days to cover" is ~2 for TRCH (according to Finviz.com @ finviz.com). The RSI (87) and Relative Volume (33.5) both point to the fact that TRCH could easily be shorted back down to 3 or less. Either way the special dividend may make this stock worth holding in the long term.
TLong
by BowTiedJoe
2