Fibo
GBP/USD - Potential Buy Reentry H4Technical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market go. TAYOR( Trade at your own risk)
Deduction: Reentry buy on H4 only valid If there Buy Confirmation on H1 & M15. Take Profit based on Fibo level. If break Tp1, possible for price to go higher looking for next fibo tp level.
The Winners are Until the End of the GameBINANCE:CTXCUSDT
History always has good lessons for us,
Elliott drawn waves.
Support and resistance lines and pullbacks marked.
The indicators are also in a good position.
But I open position 4 days ago.
Ready?
Be sure to comment. I want to know your analysis and opinion, my friend
Thanks
Abolfazl Doghani
March 07, 2021
EUR/USD - Potential Buy ReentryTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market go. TAYOR( Trade at your own risk)
Deduction: Reentry buy on H1 only valid If there buy confirmation on M15. Take Profit at Fibo level TP 3 based on H1 TF Fibo Musang projection.
GBP/USD - Potential Buy ReentryTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market go. TAYOR( Trade at your own risk)
Deduction: Reentry buy on H1 only valid If there buy confirmation on M15. Take Profit at Fibo level TP 3 based on H1 TF Fibo Musang projection.
AUD/USD - Potential Sell ReentryTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market go. TAYOR( Trade at your own risk)
Deduction: Reentry sell on H4 only valid If there sell confirmation on H1 and M15 . Take Profit at Fibo level 4.23(TP 3) based on H4 TF Fibo Musang projection.
GBP/USD - Potential Sell ReentryTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market go. TAYOR( Trade at your own risk)
Deduction: Reentry sell on H4 only valid If there sell confirmation on H1 and M15. Take Profit at Fibo level 2.618(TP 2) based on H4 TF Fibo Musang projection.
BTC/USD - Potential Sell Setup on H4Technical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market go. TAYOR( Trade at your own risk)
Deduction: Reentry sell on H4 only valid If there sell confirmation on H1 and M15. Take Profit at Fibo level 1.618 based on Daily TF Fibo Musang projection. If break there a probability for price to go even lower to make Reentry Buy Setup on weekly or monthly.
EUR/CAD - Potential Buy ReentryTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market go. TAYOR( Trade at your own risk)
Deduction: Reentry buy on H4 only valid If there buy confirmation on H1 and M15. Take Profit at Fibo level 1.618. If break there a probability for price to go even higher.
Bitcoin a correction? I think yes. Maybe I'm wrong BTC/USDTHello dear friends, traders.
At this time, I want to describe the situation in simple terms.
Rising wedge without correction.
They often break down.
Be attentive and careful.
This is not a call to action, but just what I look forward to in the next few days.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
Dear friends, I'll just leave it here.
I WRITE YOU IMMEDIATELY: This is not a financial recommendation, this is not a call to action to buy or sell everything.
This is not a call to action to hang the lot in position.
- this is not a call to action AT ALL TO WHAT - THAT.
I just shared with you the schedule that, in my opinion, will have to work out.
We'll see.
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
Two different Fibonacci Tools in EURUSDFibonacci analysis uses two different applications, in the first case a Fibonacci Retracement tool is applied in the upward movement while in the second case the Fibonacci Retracement tool is applied in the downward movement.
The reason that two different Fibonacci systems are used is to identify the main trend movements as well as the secondary correction trend movements.
In the case of the application of the FR tool in the upward trend, the cessation of the downward movement at the price level around 61.8 FR can be seen. This fact indicates that the downward trend of the currency pair in recent days was the necessary "rest".
On the other hand, in the case of the application of the FR to the downward movement, it seems that the current upward trend is constantly interrupted at the price level around 50.0 FR.
In conclusion, the analysis of the two FR systems shows that it is necessary to wait until the prices "find" the path they want to follow and finalize whether it is the beginning of a new downward trend or the necessary corrective movement of the upward trend.
Demand Zone + Bullish PinbarFirst touch of demand zone, there has been a good buyer entry. If the price came back to zone, I'm looking at Buy entry at Bottom candle Low price, as the candle is Bullish Pinbar candle. And exit target is based on Fibo Musang (reverse Fibo Retracement), exit at TP2 = level 261.
Bullish Pinbar as Support ZoneThere are two Bullish Pinbar as bottom candle (support zone) which the zone doesn't overlap. I will be looking for safe buy entry starting from Low price of Bullish Pinbar #2, and looks more possibility the price will enter demand zone of Bullish Pinbar #1. If price doesn't break Fibo level 100 (1.00), i will look for next buy entry at Low price for Bullish Pinbar #1. So safer exit will be at Fibo level 100.
CAD/CHF SHORT SETUPfter nearly 6 months of consolidation, we saw the bottom fakeout and the begining of the rising up of the Canadian currency. At the 66.7% fibo level, we saw the beginning of the start movement and the creating formation of the HnS pattern. At the moment, we expect a retest of the neckline and another drop down. If the market does not negate the pattern, we expect further reactions in the 50-66.7% fibo zone and a correction that will probably break out the imbalances that occurred around the neckline. The continuation of the movement is expected to the 1.61% level of fibo expansion, which at the same time may complete another HnS pattern in D1 tf, which will probably start of full trend reversing
The yellow fields are the supply / demand zones. The places marked in red are the most important zones where fibo, s / d, s / r pivots clusters overlap. Note that moving avarages in chart works as support / resistance .
It is also worth taking a look at the strong reaction at the fibo levels of 55.9% and 61.8 (excluded) -66.7% fibo+Elliot Waves
Warning! Im using different settings of cloud
If you want to know more about the strength teamt and the precise direction of the trend and reaction to the zones, I recommend that you start using Heikin Ashi and Renko candles
If u have any questions ur always welcome to write amilerski@icloud.com
~~~Remember that the above analysis is only an idea :) You are responsible for your money yourself.~~~~
The market will verify! Bless!