FIBBO
USDCAD to find support at market 61.8% retracement?USDCAD - 24h expiry -
Previous support located at 1.3525.
Previous resistance located at 1.3600.
The corrective move lower has stalled overnight and reacted higher from in front of the 61.80% Fibonacci retracement of 1.3525.
We expect a reversal in this move.
A move through 1.3560 will confirm the bullish momentum.
We look to Buy at 1.3530 (stop at 1.3490)
Our profit targets will be 1.3630 and 1.3650
Resistance: 1.3580 / 1.3600 / 1.3700
Support: 1.3525 / 1.3500 / 1.3475
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Short Straddle opportunity in Crude optionsCrude on daily time frame is ranging between 0.618 finonnaci extension ratio to 0.618 fibbonacci retracement ratio
For Big move on either of the sides need to break support and resistance, and for short term view 0.236 to 0.236 ratios are looking good for SHORT STRADDLE STRATEGY
ATOM Huge CHANNEL!!!Atom is almost on the bottom of its big weekly channel.
It has support of Ichi cloud.
It did a nice reaction to EMA50 and it could close below it==>Good signal.
Its also on 0.618 Fibbo Retracement.
This is a nice Potential Reversal Zone.
It has an significant event on 31 Dec for interchain staking.
entry: 19-22
Targets:
1) 25
2) 30
3) 38
4) 44
5) 52
6) 60
7) 72
8) 85
SL: close weekly below 17
LTC POSSIBLE LONGLTC could be involved in a bearish movement in the next few days, if the price falls between $ 171-$ 178, we could see a rebound at the 0.236 Fibbo support, in which case we should expect a resistance at 0.386, in the case it exceeds this resistance, could resume the bullish movement that we witnessed until a few days ago.
In a bad occasion it could enter a range between $ 176 and $ 180-$ 185
Always operate under your own risk management and strategy, the technical analyzes published here are not investment recommendations.
Bitcoin bull opportunity after crossing a high volume zone price would encounter a crossing 0.68 fibbo level and a previous resistance trend line that is going to convert in a support one like the other lane crossing it did forming a disjoint symmetric channel this is a also a past strong support zone
TRX / USDT min-max possible profitHello everyone. I would like to post my thoughts on TRX / USDT.
What we see on the chart:
1. The red line is the trend line.
2. The first sharp upward jump was 69 degrees followed by the accumulation zone which lasted 4 days.
3. Then again the lifting zone but already 59 degrees.
5. Due to the sharp big takeoff, we bounced well down to 50 degrees, as shown in the left Fibonacci grid, we went into the golden ratio zone.
6. The next accumulation zone has been passed and we expect further growth to the level of ~ 0.17.
7. Now the local trend is 48 degrees.
8. Red zone is our global support level.
71 bars (~5 days)
What I thought based on all this.
If we go up sharply again, we can break through the upper level and again fly up to the level of 0.22, but this is risky.
Make a grid for take profit.
Take profit 1 - 0.17. Here we can close 50%.
Take profi 2 - 0.185 close 20%
Take profit 3 - 0.2 close 20%
And take profit 4 - 0.22 last 10%
This is just my vision for TRX. Think about the risks and your investment.
Thanks for attention.
GSW new trade?Its look like that the current price is worth to watch. Fibos, Gan all crossing in the same price. RSI is at 50 level.
My play i buy, its a cheap one so i can play with no pain in my stomach :))
Bitcoin [BTC/USD] Analysis by MorpheusAll information is provided in the chart
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2 ways of short Price Fibbo 04/12/2017WAY 1 Circles Fibo and Fibo analyses say us about to short game for UP TO 12039 $. It will be true, if "Maniac prices and buys" according news don't be realized. Sorry of my gramma Eng. Thnx
WAY2 Circles Fibo and Fibo analyses say us about to short game for DOWN PRICE cost 10800 $.