DAXEger fiyat 13.030'u gecer ve 13.030 ustunde kalicilik saglarsa ana hedef noktasina varana kadar turuncu olarak cizdigim fibo seviyeleri arasinda hizli hareket edip tirtikli fibo çizgilerinde yavaslayacaktir. Birincil ana hedef olan 13.330 da ise duzeltme dususu gelebilir, islemden cikip beklemek gerek.
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If the price exceeds 13,030 and sustains above 13,030, it will move quickly between the fibo levels I draw in orange until it reaches the main target point(13.330) and slow down in the serrated fibo straps.
Fibo
Bearish USD/JPY: An outlook for next 6-8 weeksWe can see right now at RSI that is accumulating to the overbought territory, the price is too high, reaching the level of a previous higher high which consequently produced a big sell-off turning down the price to 108 levels. So in this case, anytime soon we could see the opportunity to enter in a hard downtrend rally.
USDCAD short idea (H1/H4)Hello, All!
CAD FX:USDCAD has been continuously strengthening versus USD since May 2017.
The last major breakout of the previous support level of 1.233x occurred on 06 September.
After that, the pair was moving inside the ascending triangle which is most likely to be the accumulation phase prior to the next major move. If indicated point 5 is reached, it will also make Wolfe wave formation a reality and will provide an interesting opportunity to go short.
This setup was inspired by TomHall's original idea, many thanks for it!
GL and nice profits!
NZDJPY DAILY/WEEKLY TRADE (SELL)The grand bearish wave FX:NZDJPY is forming on DAILY/WEEKLY time frame. Fibo fan is indicating the possible future location of point V . Being a long-term project, it'll take significant time to reach its goals, but if reached, they're definitely worth* it :-)
This idea was largely inspired by beauty and simplicity of Tradewonk's analysis:
Good luck and profitable trading!
Gold Buy ZoneD1 - We have a good up trend line and is already very close to it. We can look for buys as long as 1214 zone holds.
H4 - Triple cycle would end at 1220 zone which is also a magnet zone and a very strong supportive area of the D1 swing low.
1234 is the Fibonacci expansion 61.8% along with the daily trend line. Price already bounced from it, providing a good movement up. Keep in mind price is already in a good place for buys.
Summary - Until the 1234 zone holds we can look for buy opportunities already. Next zone to follow is slightly lower around 1220.
VSTM Wave completion + other concurrent price action
I'm long 500 units VSTM given the completion of the wave cycle + concurrent daily close above .38 fibo AND minor support from the initial trend reversal line established back in March.
Be careful though, fundamentals are fairly weak with this small cap company failing to produce a profit. Stop loss set tight at around 1.8. 5 year target at $15+. Short term, I expect to see $5/share, hopefully by the end of the year. Assets alone value over $2/share, so for me, it's a moderate risk.
My first day here at TradingView, cut me some slack :-D Any input would be greatly appreciated.
NIKKEI225 H4/DAILY TRADE (SELL)Hello, traders!
NIKKEI 225 formed a bearish wolfewave and made a good move below the line 2-4 being supported by medium volume.
Opened sell position, but as the price bounced from fibo fan 61.8, it may retrace to line 2-4 later. If so and supported by divergence/volume, this can become an opportunity for more shorts.
GL All!
USDJPY part 2 - tunnel is still activeUSD moved down as I have predicted in my previous plot - see below.
Now is time to move up and touch EMA (2h plot) - this week and beginning of next one
After that we will see more downward move - since next week.
Tunnel is still active however, slightly changed as wasn't accurately drawn first time.
My previous plot on USDJPY: