I think this is a nice possible short to at least ~1275, the take profit levels are based on the golden pocket fib level as I have explained on chart and I can see the price going there. But, my first take profit will be ~1275, because I think there can be a bounce there. I think stop loss needs to be tight here since it's based on double top. Notes: The path I...
Looking at the Ford weekly chart, share price has fallen hard since Jan. of this year with no relief pull-back. Well over 50% from the low in March 2020. Is it at a good level now for that pull-back to happen? Notice a possible head and shoulder formation brewing in the works. Price is at the 200ema on the weekly and at the .618 fib level. The .618 fib level is...
USDCAD just broke out of a descending triangle on the 1HR TF. we expect price to rally down to 1.27900 DEMAND ZONE before moving up 1.2700, which is our SUPPLY ZONE. our (POI) is also the 0.618 fib level, and we are looking to short from here. kindly follow back and leave a comment.
SPCE is back in a Supply Turned Demand and closing nicely above fib level. Always looks for some sort of confirmation when taking these trade ideas.
I believe GBP is in very overbought territory and is due to fall fast soon. This chart is the 0.618 fib level and also a key resistance level. If it breaks i think at will only be a false break out before crashing down. Wait to see how it reacts to this level before entering a short but i think the risk to reward makes it a good trade. please give feedback and comments
Slippin' and a-slidin' Peepin' and a-hidin' Been told a long time ago Baby, I've been told Baby, you've been bold I won't be your fool no more!
Gifto is sitting at a nice buy zone currently. Upon hitting the next fib level would give about 100% return....I am watching this one closely. What do you guys think?