Fib Fan resistance 0.75 actually follows the trend of the falling wedge. Interesting...
Bias 0.75 Fib Fan is a support and a resistance. All the lines in Grey, are interesting but the lines in color (colour) have significance to current time frames and price action. Fib fan drawn from past Monday 8 Feb 2016 to 18 Feb 2020. Low 1802.50 to high 3397.5 18 Feb. 0.75 Speed Fan seems to have been a support. Update to come. Confluence with Fib Fan drawn...
Work in progress moderators. Step 1 : Support 1. 1. Speed resistance fan drawn from monday 8 Feb 2016 to high 18 feb 2020. Support at 0.75 fib low 23 March 2020. 1.2. Speed resistance fan drawn from 23 March 2020 low to swing high (recent) Monday 10 jan 2022. Possible support at 0.75 speed fan. Step 2: Resistance 2.1. Trend based extension from low monday 8...
Gold - Classic Elliott and Perfect Fibs as per previous post with Fib Resitance Fan with Confluence. Missing monthly, weekly, and daily support levels. I am sure they can be added for confluence.
I am analyzing the daily here, so I will focus on a large price range and explain what I will be looking for to guide me in the upcoming days/weeks. I will only talk about the Fib Speed Resist and some simple support ranges and levels that I quickly added, so they are not extremely precise, but the ranges are fine. I just wanted to share the Fib lines publicly...
We want to see the market on an H4 timeframe retrace to the 1.74 which is perfectly on confluence with the 0.618 FIB retracement and the previous support. We will monitor price action around this area and if everything remains bullish we will enter a new long position with a nice 1/3.5RR. I hope you enjoyed this analysis , like and share. I linked the previous...
Fib Fans using an anchor point from the lows in 2013 to the top in 2017. Predicted the local bottoms and tops quite accurately. What will happen in the future? I think the .75 level will be critical in the year ahead.
EXPECTING A MINOR PRICE RETRACEMENT BEFORE BREAKING RESISTANCE.. SEE LONG POSITION DETAILS IN CHART
Please to enjoy.
Using Fib Time zones and Fib Fans, I drew out the predicted short term trend. First, we must liquidate all the bears and send them to their mommies, next once everyone thinks we are full blown bullish, we install and run Nuke.exe.
Got it wrong...going down? This ones giving mix signals. If this is the case, we are in a BEAR MARKET again. Maybe it will do a double bottom but unlikely.
This will be my first on LINK TA and I'll keep it short for now and let the chart do all the talking. For more granular details, refer to the 4 HRLY Chart. Note: There is a possibility that BTC does another bounce off the 7900 range (a small bounce) and hence ChainLink (LINK) can also correspond. I say its less likely to happen at this stage with the market...
Created as per request. No suggestion as to movement as there is not a lot of historical data.
Short term analysis of WTC. Made using a cluttered chart, lots of coffee and hyper-focus. Look to pick up more at 4490-4500 range
I think this because I have thought it thus it has been thunked and shall be thought by thinkers who thank they thunk that I have thunk about thinking as well. Lets see where it goes, I feel like it'll be up up and away by AUG 5th.
Let's see how this plays out... TA using Speed Fib Fan + Fib Levels to find path levels...
I think this is it... needed the last touch on that main support level to bring some logic to last weeks of market indecision. :( looks like the texts are overlapping, that sucks ... Here's the snapshot of the chart when published (there the text are all visible).